Illinois General Assembly - Full Text of SB0572
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Full Text of SB0572  95th General Assembly

SB0572ham008 95TH GENERAL ASSEMBLY

Rep. Jack D. Franks

Filed: 10/29/2007

 

 


 

 


 
09500SB0572ham008 LRB095 04708 HLH 39457 a

1
AMENDMENT TO SENATE BILL 572

2     AMENDMENT NO. ______. Amend Senate Bill 572, AS AMENDED,
3 with reference to page and line numbers of House Amendment No.
4 5, on page 169 by replacing lines 9 through 12 with "sales made
5 in the course of that business. In DuPage, Kane, Lake, McHenry
6 County , and Will Counties, the tax rate shall be 1/4% of the
7 gross receipts from all taxable sales made in the course of
8 that business. In DuPage, Kane, Lake, and Will Counties, the
9 tax rate shall be 0.75% of the gross receipts from all taxable
10 sales made in the course of that business. The tax imposed
11 under this Section and"; and
 
12 on page 172, by replacing lines 11 through 14 with "taxable
13 sales of tangible personal property transferred. In DuPage,
14 Kane, Lake, McHenry County and Will Counties the rate shall be
15 1/4% of the selling price of all tangible personal property
16 transferred. In DuPage, Kane, Lake, and Will Counties, the tax
17 rate shall be 0.75% of the selling price of all tangible

 

 

09500SB0572ham008 - 2 - LRB095 04708 HLH 39457 a

1 personal property transferred."; and
 
2 on page 174, by replacing lines 18 through 22 with "property,
3 as "selling price" is defined in the Use Tax Act. In DuPage,
4 Kane, Lake, McHenry County, and Will counties the tax rate
5 shall be 1/4% of the selling price of the tangible personal
6 property, as "selling price" is defined in the Use Tax Act. In
7 DuPage, Kane, Lake, and Will Counties, the tax rate shall be
8 0.75% of the selling price of the tangible personal property,
9 as "selling price" is defined in the Use Tax Act. The tax shall
10 be collected from persons whose Illinois"; and
 
11 on page 180, lines 24 and 25, by replacing, "Cook County" with
12 "Cook and McHenry Counties".