Date	Chamber	Action
1/8/2013	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/223 new

415 ILCS 120/45

815 ILCS 365/5 new

Synopsis As Introduced
Amends the Motor Fuel Sales Act. Requires that, no later than December 31, 2016, there must be installed, at each gasoline station or service station, one or more new flex fuel dispensing pumps. Provides that the Department of Revenue shall impose a civil penalty of $100 per day upon the owner of any gasoline station or service station that does not comply with this requirement. Amends the Illinois Income Tax Act. Creates a tax credit, for taxable years ending on or after December 31, 2012 and on or before December 30, 2021, for taxpayers who install a new flex fuel dispensing pump at a gasoline station or service station in Illinois during the taxable year in the amount equal to the cost of that installation. Provides that the credit: (i) may not exceed $80,000 per pump; (ii) may not be claimed in any one taxable year in an amount exceeding $20,000 per pump, but any excess amount may be carried forward; and (iii) may not be claimed with respect to the installation of more than one flex fuel dispensing pump at any one station. Provides that the credit may be carried forward for 4 years. Effective immediately.

Actions 

Date	Chamber	Action
2/16/2012	House	Filed with the Clerk by Rep. Roger L. Eddy
2/16/2012	House	First Reading
2/16/2012	House	Referred to Rules Committee
2/24/2012	House	Added Chief Co-Sponsor Rep. Wayne Rosenthal
2/24/2012	House	Added Chief Co-Sponsor Rep. Mike Bost
1/8/2013	House	Session Sine Die

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