HB5547 93RD GENERAL ASSEMBLY

LRB093 17346 SJM 43012 b

93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5547

Introduced 2/6/2004, by Michael J. Madigan

SYNOPSIS AS INTRODUCED:

35 ILCS 143/10-15

Amends the Tobacco Products Tax Act of 1995. Makes technical changes in a Section concerning sales of tobacco products that are exempt from the tax imposed by the Act.

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 Tobacco Products Tax Act of 1995 is amended by changing Section 10-15 as follows:

(35 ILCS 143/10-15)

Sec. 10-15. Exempt sales. A purchase Purchases of tobacco products by a wholesaler wholesalers who will not sell the product at retail is are exempt from the tax imposed by this Act. A purchase Purchases of tobacco products by a wholesaler or a retailer wholesalers and retailers for delivery of the product outside Illinois is are exempt from the tax imposed by this Act. The wholesaler making the exempt sale of tobacco products shall document this exemption by obtaining a certification from the purchaser containing the seller's name and address, the purchaser's name and address, the date of purchase, the purchaser's signature, the purchaser's tobacco products tax license number, and a statement that the purchaser is purchasing for resale other than for sale to consumers or is purchasing for delivery outside of Illinois.

(Source: P.A. 89-21, eff. 6-6-95.)