91st General Assembly
Summary of SB1572
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Senate Sponsors:
O'MALLEY.

Short description: 
MUNI CD-ELECTRICITY-SELF TAX                                               

Synopsis of Bill as introduced:
        Amends the Illinois Municipal Code. Authorizes a municipality          
   having a population of less than 500,000 to permit a purchaser for          
   non-residential electric use to become a self-assessing purchaser and       
   pay the tax on electricity use and consumption directly to the muni-        
   cipality. Provides that the maximum rate of a tax for a self-assessing      
   purchaser may not exceed 5% of the purchase price of the electricity        
   as calculated on a monthly basis. Effective immediately.                    
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status