(35 ILCS 173/5-10)
Sec. 5-10. Imposition of tax. Beginning October 1, 2003, a tax is imposed
upon the privilege of
using in
this State gas obtained in a purchase of out-of-state gas
at the rate of 2.4 cents per therm or 5%
of the
purchase price for the billing period, whichever is the lower rate.
Such tax rate shall be referred to as the "self-assessing purchaser tax rate".
Beginning
with bills issued by delivering suppliers on and after October 1, 2003,
purchasers
may elect
an alternative tax rate of 2.4 cents per therm to be paid under the provisions
of Section 5-15 of this Law to a delivering supplier maintaining a place of
business in this
State. Such
tax rate shall be referred to as the "alternate tax rate". The tax imposed
under this Section
shall not apply to gas used by business enterprises certified under
Section 9-222.1 of the
Public Utilities Act, as amended, to the extent of such exemption and during
the
period of
time specified by the Department of Commerce and Economic Opportunity.
(Source: P.A. 93-31, eff. 10-1-03; 94-793, eff. 5-19-06.)
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