HB4466 93RD GENERAL ASSEMBLY

LRB093 17680 SJM 43356 b

93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB4466

Introduced 02/03/04, by Frank J. Mautino

SYNOPSIS AS INTRODUCED:

35 ILCS 635/25

Amends the Telecommunications Infrastructure Maintenance Fee Act. Makes a technical change in a Section concerning collection, enforcement, and administration of the fee.

A BILL FOR

AN ACT concerning taxes.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Telecommunications Infrastructure Maintenance Fee Act is amended by changing Section 25 as follows:

(35 ILCS 635/25)

Sec. 25. Collection, enforcement, and administration of State telecommunications infrastructure maintenance fees.

(a) A telecommunications retailer shall charge each customer an additional charge equal to the State infrastructure maintenance fee attributable to that customer's service address. Such additional charge shall be shown separately on each the bill to the each customer.

(b) The State infrastructure maintenance fee shall be designated as a replacement for the personal property tax and shall be remitted by the telecommunications retailer to the Department; provided, however, that the telecommunications retailer may retain an amount not to exceed 2% of the State infrastructure maintenance fee paid to the Department, with a timely paid and timely filed return to reimburse itself for expenses incurred in collecting, accounting for, and remitting the State infrastructure maintenance fee. All amounts herein remitted to the Department shall be transferred to the Personal Property Tax Replacement Fund in the State Treasury.

(Source: P.A. 92-526, eff. 1-1-03.)