BUDGET IMPLEMENTATION-FY2004 Senate SponsorsSen. Emil Jones, Jr. House Sponsors(Rep. Michael J. Madigan-Barbara Flynn Currie-Gary Hannig) 1/11/2005SenateSession Sine Die New ActCreates the FY2004 Budget Implementation Act. Provides that the purpose of the Act is to make the changes in State programs that are necessary to implement the Governor's FY2004 budget recommendations.House Amendment No. 1 Deletes reference to:New ActAdds reference to:35 ILCS 120/1cfrom Ch. 120, par. 440c625 ILCS 45/3A-5from Ch. 95 1/2, par. 313A-5Deletes everything. Creates the Watercraft Use Tax Law to impose a tax of 6.25% of the purchase price on the privilege of using, in the State of Illinois, any watercraft acquired by gift, transfer, or purchase after June 30, 2004. Exempts certain watercraft from the tax imposed. Requires the purchaser, transferee, or donee of a watercraft subject to the tax to file a return with the Department of Revenue. Provides that a person who wilfully files a false or incomplete return is guilty of a Class A misdemeanor. Establishes procedures for determination of the purchase price. Requires the Department to pay 20% of the money collected into the State and Local Sales Tax Reform Fund and 80% into the General Revenue Fund. Gives the Department of Revenue various powers and duties to administer and enforce the Watercraft Use Tax Law and authorizes the Department of Revenue to adopt rules reasonable and necessary to implement the provisions of the Law. Amends the Retailers' Occupation Tax Act. Provides that a person who engages in the business of leasing or renting watercraft to others and who, in connection with that business, sells any used watercraft to a purchaser for his use and not for the purpose of resale is a retailer engaged in the business of selling tangible personal property at retail under the Retailers' Occupation Tax Act to the extent of the value of the watercraft sold. Amends the Boat Registration and Safety Act. Provides that the Department of Natural Resources must be satisfied that no tax imposed under the Watercraft Use Tax Law is owed before issuing a certificate of title for a watercraft. Effective July 1, 2004.House Amendment No. 2 Deletes everything. Reinserts the provisions of the bill, as amended, but makes changes in the definition of "purchase price" and makes corresponding changes. Effective July 1, 2004. 1/9/2003SenateFiled with Secretary by Sen. Emil Jones, Jr. 1/9/2003SenateFirst Reading 1/9/2003SenateReferred to Rules 3/6/2003SenateAssigned to Executive 3/13/2003SenateDo Pass Executive; 008-005-000 3/13/2003SenatePlaced on Calendar Order of 2nd Reading March 18, 2003 3/25/2003SenateSecond Reading 3/25/2003SenatePlaced on Calendar Order of 3rd Reading ** March 26, 2003 3/27/2003SenateVerified 3/27/2003SenateThird Reading - Passed; 032-016-002 3/27/2003HouseArrived in House 3/27/2003HousePlaced on Calendar Order of First Reading 3/27/2003HouseChief House Sponsor Rep. Michael J. Madigan 3/27/2003HouseFirst Reading 3/27/2003HouseReferred to Rules Committee 3/31/2003HouseAssigned to Executive Committee 5/2/2003HouseRule 19(a) / Re-referred to Rules Committee 5/14/2003HouseAssigned to Executive Committee 5/14/2003HouseCommittee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003 5/28/2003HouseDo Pass / Standard Debate Executive Committee; 007-005-000 5/28/2003HousePlaced on Calendar 2nd Reading - Standard Debate 5/28/2003HouseSecond Reading - Standard Debate 5/28/2003HouseHeld on Calendar Order of Second Reading - Standard Debate 6/1/2003HouseRule 19(a) / Re-referred to Rules Committee 11/12/2003HouseApproved for Consideration Rules Committee; 003-000-000 11/12/2003HousePlaced on Calendar 2nd Reading - Standard Debate 12/22/2003HouseRule 19(b) / Re-referred to Rules Committee 5/4/2004HouseAssigned to Revenue Committee 5/13/2004HouseHouse Amendment No. 1 Filed with Clerk by Revenue Committee 5/13/2004HouseHouse Amendment No. 1 Adopted in Revenue Committee; by Voice Vote 5/13/2004HouseDo Pass as Amended / Standard Debate Revenue Committee; 005-004-000 5/13/2004HousePlaced on Calendar 2nd Reading - Standard Debate 5/14/2004HouseCommittee/3rd Reading Deadline Extended-Rule 9(b) May 31, 2004 5/17/2004HouseHouse Amendment No. 2 Filed with Clerk by Rep. Barbara Flynn Currie 5/17/2004HouseHouse Amendment No. 2 Referred to Rules Committee 5/18/2004HouseAdded Alternate Chief Co-Sponsor Rep. Barbara Flynn Currie 5/18/2004HouseAdded Alternate Chief Co-Sponsor Rep. Gary Hannig 5/19/2004HouseHouse Amendment No. 2 Recommends Be Adopted Rules Committee; 003-001-000 5/19/2004HouseSecond Reading - Standard Debate 5/19/2004HouseHouse Amendment No. 2 Adopted by Voice Vote 5/19/2004HousePlaced on Calendar Order of 3rd Reading - Standard Debate 5/31/2004HouseFinal Action Deadline Extended-9(b) June 30, 2004 6/30/2004HouseFinal Action Deadline Extended-9(b) July 15, 2004 7/15/2004HouseFinal Action Deadline Extended-9(b) JULY 31, 2004 7/31/2004HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005SenateSession Sine Die