Senate Sponsors: O'MALLEY. House Sponsors: TENHOUSE-BROSNAHAN Short description: MUNI CD-ELECTRICITY-SELF TAX Synopsis of Bill as introduced: Amends the Illinois Municipal Code. Authorizes a municipality to permit a purchaser for non-residential electric use to become a self-assessing purchaser and pay the tax on electricity use and consumption directly to the municipality. Provides that the maximum rate of a tax for a self-assessing purchaser may not exceed 5% of the purchase price of the electricity as calculated on a monthly basis. Effective immediately. SENATE AMENDMENT NO. 1. Deletes everything. Amends the Illinois Municipal Code. Authorizes a municipality to permit a purchaser for non-residential electric use to become a self-assessing purchaser and pay the tax on electricity use and consumption directly to the municipality. Provides that the maximum rate of a tax for a self-assessing purchaser may not exceed 5% of the purchase price of the electricity as calculated on a monthly basis. Provides that the minimum rate of tax may not be less than and, until December 31, 2008, the maximum rate of tax may not be more than, the rate imposed in the last full calendar year before the effective date of a provision of Public Act 90-561 (August 1, 1998). Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status