TELECOM TAX-VIDEO ENTERTAINMNT Senate SponsorsSen. James F. Clayborne, Jr. 1/9/2007SenateSession Sine Die 35 ILCS 630/1from Ch. 120, par. 200135 ILCS 630/1.5 new35 ILCS 630/2from Ch. 120, par. 200235 ILCS 630/3from Ch. 120, par. 200335 ILCS 630/4from Ch. 120, par. 200435 ILCS 630/4.3 new35 ILCS 630/5from Ch. 120, par. 200535 ILCS 630/6from Ch. 120, par. 200635 ILCS 630/8from Ch. 120, par. 200835 ILCS 630/8.5 new35 ILCS 630/9from Ch. 120, par. 200935 ILCS 630/9.5 new35 ILCS 630/10from Ch. 120, par. 201035 ILCS 630/20from Ch. 120, par. 202035 ILCS 635/1535 ILCS 636/5-535 ILCS 636/5-10Amends the Telecommunications Excise Tax Act. Changes the short title of the Act to the Telecommunications and Video Entertainment Excise Tax Act. Deletes a provision that the tax proceeds must be used for general revenue and education purposes. Imposes the excise tax on video entertainment. Provides that the rate of tax under the Act is the combined sales tax rate for general merchandise in each local jurisdiction, as published in the Department of Revenue's sales tax reference manual. Creates a credit for video entertainment providers equal to the amount of municipal franchise fees. Provides that certain waiver provisions set forth in the Simplified Municipal Telecommunications Tax Act apply to this Act. Amends the Telecommunications Infrastructure maintenance Fee Act. Repeals a Section concerning the imposition of telecommunications infrastructure maintenance fees. Amends the Simplified Municipal Telecommunications Tax Act. Repeals a Section authorizing municipalities to impose a tax on certain acts or privileges. Effective January 1, 2007. 2/27/2006SenateFiled with Secretary by Sen. Steven J. Rauschenberger 2/27/2006SenateFirst Reading 2/27/2006SenateReferred to Rules 3/8/2006SenateChief Sponsor Changed to Sen. James F. Clayborne, Jr. 1/9/2007SenateSession Sine Die