92nd General Assembly
Status of HB3043
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HOWARD.

   35 ILCS 105/10            from Ch. 120, par. 439.10                         
   35 ILCS 110/10            from Ch. 120, par. 439.40                         

        Amends the Use Tax Act and the Service  Use  Tax  Act.   Provides      
   that  Department of Revenue is authorized to contract with credit card      
   issuers to collect the tax imposed by these Acts  on  internet  sales,      
   phone  order  sales,  and  direct-mail sales.  If a credit card issuer      
   enters into such a contract with the Department, the issuer must state      
   as a separate item on the monthly bill to customers  the  tax  charged      
   under  these  Acts.   A  credit  card issuer is entitled to reduce the      
   amount of the tax collected under these Acts that  it  remits  to  the      
   Department  by  the amount of costs incurred by the company to collect      
   the tax or 4% of the revenue generated from the sale on which the  tax      
   is collected, whichever is greater.  Effective immediately.                 
   FEB-27-2001  H  FILED WITH CLERK                                               
   FEB-27-2001  H  FIRST READING                                                  
   FEB-27-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-28-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary