State of Illinois
91st General Assembly
Legislation

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91_SB1899enr

 
SB1899 Enrolled                                LRB9113297JSpc

 1        AN ACT concerning electric utility taxes.

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

 4        Section  5.   The  Electric  Supplier  Act  is amended by
 5    changing Section 10.10 as follows:

 6        (220 ILCS 30/10.10) (from Ch. 111 2/3, par. 410.10)
 7        Sec.  10.10.  Exemption   from   tax.    Any   delivering
 8    supplier,  as  that  term  is  defined  in Section 2-3 of the
 9    Electricity Excise Tax Law, collecting and remitting  to  the
10    State  of  Illinois  for  each fiscal year the tax imposed by
11    Section 2-4(a) of  the  Electricity  Excise  Tax  Law  public
12    utility  paying  a  tax  on its gross revenue for each fiscal
13    year pursuant to the provisions of The Public Utilities  Act,
14    shall  not  be  subject  to  the  provisions of Sections 10.1
15    through 10.9 of this Act.
16    (Source: P.A. 85-1209.)

17        Section 99.  Effective date.  This Act takes effect  upon
18    becoming  law.   This  Act  is  a  technical amendment to the
19    Electric Supplier Act and carries out the legislative  intent
20    expressed  in Public Act 90-561,  and accordingly shall apply
21    beginning  August  1,  1998,  the  effective  date   of   the
22    Electricity Excise Tax Act, Public Act 90-561.

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