HB4919 93RD GENERAL ASSEMBLY

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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB4919

Introduced 02/04/04, by Robert Rita

SYNOPSIS AS INTRODUCED:

20 ILCS 2505/2505-615 new

Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Requires that, each fiscal quarter, the Department of Revenue must distribute a copy of the Report of Sales Tax Receipts by Standard Industrial Classification to each municipality in the State so that each municipality can analyze and keep updated on the status of their local business climate.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning the Department of Revenue.

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

Section 5. The Department of Revenue Law of the Civil Administrative Code of Illinois is amended by adding Section 2505-615 as follows:

(20 ILCS 2505/2505-615 new)

Sec. 2505-615. List of municipal sales revenue. Each fiscal quarter, the Department must distribute, through electronic or other means, a copy of the Report of Sales Tax Receipts by Standard Industrial Classification to each municipality in the State so that each municipality can analyze and keep updated on the status of their local business climate.