093_HB0270

 
                                     LRB093 03850 SJM 03885 b

 1        AN ACT concerning taxation.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The  Use  Tax  Act  is  amended  by  changing
 5    Section 9 as follows:

 6        (35 ILCS 105/9) (from Ch. 120, par. 439.9)
 7        Sec.   9.  Except   as  to  motor  vehicles,  watercraft,
 8    aircraft, and trailers that are  required  to  be  registered
 9    with  an  agency  of  this  State,  each retailer required or
10    authorized to collect the tax imposed by this Act  shall  pay
11    to the Department the amount of such tax (except as otherwise
12    provided)  at the time when he is required to file his return
13    for the period during which such tax was  collected,  less  a
14    discount  of  2.1% prior to January 1, 1990, and 1.75% on and
15    after January 1, 1990, or $5 per calendar year, whichever  is
16    greater,  which  is  allowed  to  reimburse  the retailer for
17    expenses incurred in collecting  the  tax,  keeping  records,
18    preparing and filing returns, remitting the tax and supplying
19    data  to the Department on request.  In the case of retailers
20    who report and pay the tax on a  transaction  by  transaction
21    basis,  as  provided  in this Section, such discount shall be
22    taken with each such tax  remittance  instead  of  when  such
23    retailer  files  his  periodic  return.   A retailer need not
24    remit that part of any tax collected by  him  to  the  extent
25    that  he  is required to remit and does remit the tax imposed
26    by the Retailers' Occupation Tax Act,  with  respect  to  the
27    sale  of  the same property. Beginning on January 1, 2004 and
28    through December  31,  2008,  a  retailer  or  serviceman  is
29    allowed to take the 1.75% or $5 discount, as appropriate, for
30    the first $1,000,000 in taxes collected in the aggregate in a
31    calendar year under the Use Tax Act, the Service Use Tax Act,
 
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 1    the Service Occupation Tax Act, and the Retailers' Occupation
 2    Tax  Act.  No  discount  may  be taken during that period for
 3    taxes collected  above  $1,000,000  in  the  aggregate  in  a
 4    calendar year under these Acts.
 5        Where  such  tangible  personal  property is sold under a
 6    conditional sales contract, or under any other form  of  sale
 7    wherein  the payment of the principal sum, or a part thereof,
 8    is extended beyond the close of  the  period  for  which  the
 9    return  is filed, the retailer, in collecting the tax (except
10    as to motor vehicles, watercraft, aircraft, and trailers that
11    are required to be registered with an agency of this  State),
12    may  collect  for  each  tax  return  period,  only  the  tax
13    applicable  to  that  part  of  the  selling  price  actually
14    received during such tax return period.
15        Except  as  provided  in  this  Section, on or before the
16    twentieth day of each calendar  month,  such  retailer  shall
17    file  a return for the preceding calendar month.  Such return
18    shall be filed on forms  prescribed  by  the  Department  and
19    shall   furnish   such  information  as  the  Department  may
20    reasonably require.
21        The Department may require  returns  to  be  filed  on  a
22    quarterly  basis.  If so required, a return for each calendar
23    quarter shall be filed on or before the twentieth day of  the
24    calendar  month  following  the end of such calendar quarter.
25    The taxpayer shall also file a return with the Department for
26    each of the first two months of each calendar quarter, on  or
27    before  the  twentieth  day  of the following calendar month,
28    stating:
29             1.  The name of the seller;
30             2.  The address of the principal place  of  business
31        from which he engages in the business of selling tangible
32        personal property at retail in this State;
33             3.  The total amount of taxable receipts received by
34        him  during  the  preceding  calendar month from sales of
 
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 1        tangible personal property by him during  such  preceding
 2        calendar  month,  including receipts from charge and time
 3        sales, but less all deductions allowed by law;
 4             4.  The amount of credit provided in Section  2d  of
 5        this Act;
 6             5.  The amount of tax due;
 7             5-5.  The signature of the taxpayer; and
 8             6.  Such   other   reasonable   information  as  the
 9        Department may require.
10        If a taxpayer fails to sign a return within 30 days after
11    the proper notice and demand for signature by the Department,
12    the return shall be considered valid and any amount shown  to
13    be due on the return shall be deemed assessed.
14        Beginning  October 1, 1993, a taxpayer who has an average
15    monthly tax liability of $150,000  or  more  shall  make  all
16    payments  required  by  rules of the Department by electronic
17    funds transfer. Beginning October 1, 1994, a taxpayer who has
18    an average monthly tax liability of $100,000  or  more  shall
19    make  all  payments  required  by  rules of the Department by
20    electronic funds  transfer.  Beginning  October  1,  1995,  a
21    taxpayer  who has an average monthly tax liability of $50,000
22    or more shall make all payments  required  by  rules  of  the
23    Department by electronic funds transfer. Beginning October 1,
24    2000,  a taxpayer who has an annual tax liability of $200,000
25    or more shall make all payments  required  by  rules  of  the
26    Department  by  electronic  funds transfer.  The term "annual
27    tax liability" shall be the sum of the taxpayer's liabilities
28    under  this  Act,  and  under  all  other  State  and   local
29    occupation  and  use tax laws administered by the Department,
30    for  the  immediately  preceding  calendar  year.  The   term
31    "average   monthly  tax  liability"  means  the  sum  of  the
32    taxpayer's liabilities under this Act, and  under  all  other
33    State  and  local occupation and use tax laws administered by
34    the Department, for the immediately preceding  calendar  year
 
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 1    divided  by  12. Beginning on October 1, 2002, a taxpayer who
 2    has a tax liability in the amount set forth in subsection (b)
 3    of Section 2505-210 of the Department of  Revenue  Law  shall
 4    make  all  payments  required  by  rules of the Department by
 5    electronic funds transfer.
 6        Before August 1 of  each  year  beginning  in  1993,  the
 7    Department  shall  notify  all  taxpayers  required  to  make
 8    payments by electronic funds transfer. All taxpayers required
 9    to  make  payments  by  electronic  funds transfer shall make
10    those payments for a minimum of one year beginning on October
11    1.
12        Any taxpayer not required to make payments by  electronic
13    funds transfer may make payments by electronic funds transfer
14    with the permission of the Department.
15        All  taxpayers  required  to  make  payment by electronic
16    funds transfer and any taxpayers  authorized  to  voluntarily
17    make  payments  by electronic funds transfer shall make those
18    payments in the manner authorized by the Department.
19        The Department shall adopt such rules as are necessary to
20    effectuate a program of electronic  funds  transfer  and  the
21    requirements of this Section.
22        Before October 1, 2000, if the taxpayer's average monthly
23    tax   liability   to  the  Department  under  this  Act,  the
24    Retailers' Occupation Tax Act,  the  Service  Occupation  Tax
25    Act,  the  Service Use Tax Act was $10,000 or more during the
26    preceding 4 complete  calendar  quarters,  he  shall  file  a
27    return  with the Department each month by the 20th day of the
28    month  next  following  the  month  during  which  such   tax
29    liability   is  incurred  and  shall  make  payments  to  the
30    Department on or before the 7th, 15th, 22nd and last  day  of
31    the  month  during  which  such liability is incurred. On and
32    after October 1, 2000, if the taxpayer's average monthly  tax
33    liability  to  the  Department under this Act, the Retailers'
34    Occupation Tax Act, the Service Occupation Tax Act,  and  the
 
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 1    Service  Use Tax Act was $20,000 or more during the preceding
 2    4 complete calendar quarters, he shall file a return with the
 3    Department each month by the  20th  day  of  the  month  next
 4    following  the  month  during  which  such  tax  liability is
 5    incurred and shall make  payment  to  the  Department  on  or
 6    before  the  7th, 15th, 22nd and last day of the month during
 7    which such liability is incurred. If the month  during  which
 8    such  tax  liability  is  incurred  began prior to January 1,
 9    1985, each payment shall be in an amount equal to 1/4 of  the
10    taxpayer's actual liability for the month or an amount set by
11    the  Department  not  to  exceed  1/4  of the average monthly
12    liability of the taxpayer to the Department for the preceding
13    4 complete calendar quarters (excluding the month of  highest
14    liability and the month of lowest liability in such 4 quarter
15    period).   If  the  month  during which such tax liability is
16    incurred begins on or after January 1,  1985,  and  prior  to
17    January  1, 1987, each payment shall be in an amount equal to
18    22.5% of the taxpayer's actual liability  for  the  month  or
19    27.5% of the taxpayer's liability for the same calendar month
20    of  the  preceding  year.  If the month during which such tax
21    liability is incurred begins on or after January 1, 1987, and
22    prior to January 1, 1988, each payment shall be in an  amount
23    equal  to  22.5%  of  the taxpayer's actual liability for the
24    month or 26.25% of the  taxpayer's  liability  for  the  same
25    calendar  month  of  the preceding year.  If the month during
26    which such tax liability  is  incurred  begins  on  or  after
27    January  1,  1988, and prior to January 1, 1989, or begins on
28    or after January 1, 1996, each payment shall be in an  amount
29    equal  to  22.5%  of  the taxpayer's actual liability for the
30    month or  25%  of  the  taxpayer's  liability  for  the  same
31    calendar  month  of  the preceding year.  If the month during
32    which such tax liability  is  incurred  begins  on  or  after
33    January  1,  1989, and prior to January 1, 1996, each payment
34    shall be in an amount equal to 22.5% of the taxpayer's actual
 
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 1    liability for the month or 25% of  the  taxpayer's  liability
 2    for  the same calendar month of the preceding year or 100% of
 3    the taxpayer's  actual  liability  for  the  quarter  monthly
 4    reporting   period.   The  amount  of  such  quarter  monthly
 5    payments shall be credited against the final tax liability of
 6    the taxpayer's return for  that  month.   Before  October  1,
 7    2000,  once  applicable,  the  requirement  of  the making of
 8    quarter monthly payments to  the  Department  shall  continue
 9    until  such  taxpayer's  average  monthly  liability  to  the
10    Department  during the preceding 4 complete calendar quarters
11    (excluding the month of highest liability and  the  month  of
12    lowest   liability)  is  less  than  $9,000,  or  until  such
13    taxpayer's average monthly liability  to  the  Department  as
14    computed  for  each  calendar  quarter  of  the  4  preceding
15    complete  calendar  quarter  period  is  less  than  $10,000.
16    However,  if  a  taxpayer  can  show  the  Department  that a
17    substantial change in the taxpayer's  business  has  occurred
18    which  causes  the  taxpayer  to  anticipate that his average
19    monthly tax liability for the reasonably  foreseeable  future
20    will fall below the $10,000 threshold stated above, then such
21    taxpayer  may  petition  the  Department  for  change in such
22    taxpayer's reporting status. On and after  October  1,  2000,
23    once  applicable,  the  requirement  of the making of quarter
24    monthly payments to the Department shall continue until  such
25    taxpayer's average monthly liability to the Department during
26    the  preceding  4  complete  calendar quarters (excluding the
27    month of highest liability and the month of lowest liability)
28    is less than $19,000 or until such taxpayer's average monthly
29    liability to the Department as  computed  for  each  calendar
30    quarter  of  the 4 preceding complete calendar quarter period
31    is less than $20,000.  However, if a taxpayer  can  show  the
32    Department  that  a  substantial  change  in  the  taxpayer's
33    business has occurred which causes the taxpayer to anticipate
34    that  his  average  monthly  tax liability for the reasonably
 
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 1    foreseeable future will  fall  below  the  $20,000  threshold
 2    stated  above, then such taxpayer may petition the Department
 3    for a change  in  such  taxpayer's  reporting  status.    The
 4    Department  shall  change  such  taxpayer's  reporting status
 5    unless it finds that such change is seasonal  in  nature  and
 6    not  likely  to  be  long  term.  If any such quarter monthly
 7    payment is not paid at the time or in the amount required  by
 8    this Section, then the taxpayer shall be liable for penalties
 9    and interest on the difference between the minimum amount due
10    and  the  amount of such quarter monthly payment actually and
11    timely paid, except insofar as the  taxpayer  has  previously
12    made  payments  for that month to the Department in excess of
13    the minimum payments  previously  due  as  provided  in  this
14    Section.    The  Department  shall  make reasonable rules and
15    regulations to govern the quarter monthly payment amount  and
16    quarter monthly payment dates for taxpayers who file on other
17    than a calendar monthly basis.
18        If  any such payment provided for in this Section exceeds
19    the taxpayer's liabilities under  this  Act,  the  Retailers'
20    Occupation  Tax  Act,  the Service Occupation Tax Act and the
21    Service Use Tax Act, as shown by an original monthly  return,
22    the   Department   shall  issue  to  the  taxpayer  a  credit
23    memorandum no later than 30 days after the date  of  payment,
24    which  memorandum  may  be  submitted  by the taxpayer to the
25    Department in payment of tax  liability  subsequently  to  be
26    remitted  by the taxpayer to the Department or be assigned by
27    the taxpayer to  a  similar  taxpayer  under  this  Act,  the
28    Retailers' Occupation Tax Act, the Service Occupation Tax Act
29    or  the  Service  Use  Tax Act, in accordance with reasonable
30    rules and regulations to be  prescribed  by  the  Department,
31    except  that  if  such excess payment is shown on an original
32    monthly return and is made after December 31, 1986, no credit
33    memorandum shall be issued, unless requested by the taxpayer.
34    If no such request is made,  the  taxpayer  may  credit  such
 
                            -8-      LRB093 03850 SJM 03885 b
 1    excess  payment  against  tax  liability  subsequently  to be
 2    remitted by the taxpayer to the Department  under  this  Act,
 3    the Retailers' Occupation Tax Act, the Service Occupation Tax
 4    Act or the Service Use Tax Act, in accordance with reasonable
 5    rules  and  regulations prescribed by the Department.  If the
 6    Department subsequently determines that all or  any  part  of
 7    the  credit  taken  was not actually due to the taxpayer, the
 8    taxpayer's 2.1% or 1.75% vendor's discount shall  be  reduced
 9    by  2.1%  or 1.75% of the difference between the credit taken
10    and that actually due, and the taxpayer shall be  liable  for
11    penalties and interest on such difference.
12        If  the  retailer is otherwise required to file a monthly
13    return and if the retailer's average monthly tax liability to
14    the Department does  not  exceed  $200,  the  Department  may
15    authorize  his returns to be filed on a quarter annual basis,
16    with the return for January, February, and March of  a  given
17    year  being due by April 20 of such year; with the return for
18    April, May and June of a given year being due by July  20  of
19    such  year; with the return for July, August and September of
20    a given year being due by October 20 of such year,  and  with
21    the return for October, November and December of a given year
22    being due by January 20 of the following year.
23        If  the  retailer is otherwise required to file a monthly
24    or quarterly return and if the retailer's average monthly tax
25    liability  to  the  Department  does  not  exceed  $50,   the
26    Department may authorize his returns to be filed on an annual
27    basis,  with the return for a given year being due by January
28    20 of the following year.
29        Such quarter annual and annual returns, as  to  form  and
30    substance,  shall  be  subject  to  the  same requirements as
31    monthly returns.
32        Notwithstanding  any  other   provision   in   this   Act
33    concerning  the  time  within  which  a retailer may file his
34    return, in the case of any retailer who ceases to engage in a
 
                            -9-      LRB093 03850 SJM 03885 b
 1    kind of business  which  makes  him  responsible  for  filing
 2    returns  under  this  Act,  such  retailer shall file a final
 3    return under this Act with the Department not more  than  one
 4    month after discontinuing such business.
 5        In  addition, with respect to motor vehicles, watercraft,
 6    aircraft, and trailers that are  required  to  be  registered
 7    with  an  agency  of  this State, every retailer selling this
 8    kind of tangible  personal  property  shall  file,  with  the
 9    Department,  upon a form to be prescribed and supplied by the
10    Department, a separate return for each such item of  tangible
11    personal  property  which the retailer sells, except that if,
12    in  the  same  transaction,  (i)  a  retailer  of   aircraft,
13    watercraft,  motor  vehicles  or trailers transfers more than
14    one aircraft, watercraft, motor vehicle or trailer to another
15    aircraft, watercraft, motor vehicle or trailer  retailer  for
16    the  purpose  of  resale  or  (ii)  a  retailer  of aircraft,
17    watercraft, motor vehicles, or trailers transfers  more  than
18    one  aircraft,  watercraft,  motor  vehicle,  or trailer to a
19    purchaser for use as a qualifying rolling stock  as  provided
20    in  Section 3-55 of this Act, then that seller may report the
21    transfer of all the aircraft, watercraft, motor  vehicles  or
22    trailers  involved  in  that transaction to the Department on
23    the same uniform invoice-transaction reporting  return  form.
24    For  purposes  of this Section, "watercraft" means a Class 2,
25    Class 3, or Class 4 watercraft as defined in Section  3-2  of
26    the  Boat Registration and Safety Act, a personal watercraft,
27    or any boat equipped with an inboard motor.
28        The transaction reporting return in  the  case  of  motor
29    vehicles  or trailers that are required to be registered with
30    an agency of this State, shall be the same  document  as  the
31    Uniform  Invoice referred to in Section 5-402 of the Illinois
32    Vehicle Code and must  show  the  name  and  address  of  the
33    seller;  the name and address of the purchaser; the amount of
34    the  selling  price  including  the  amount  allowed  by  the
 
                            -10-     LRB093 03850 SJM 03885 b
 1    retailer for traded-in property, if any; the  amount  allowed
 2    by the retailer for the traded-in tangible personal property,
 3    if  any,  to the extent to which Section 2 of this Act allows
 4    an exemption for the value of traded-in property; the balance
 5    payable after deducting  such  trade-in  allowance  from  the
 6    total  selling price; the amount of tax due from the retailer
 7    with respect to such transaction; the amount of tax collected
 8    from the purchaser by the retailer on  such  transaction  (or
 9    satisfactory  evidence  that  such  tax  is  not  due in that
10    particular instance, if that is claimed to be the fact);  the
11    place  and  date  of the sale; a sufficient identification of
12    the property sold; such other information as is  required  in
13    Section  5-402  of  the Illinois Vehicle Code, and such other
14    information as the Department may reasonably require.
15        The  transaction  reporting  return  in   the   case   of
16    watercraft and aircraft must show the name and address of the
17    seller;  the name and address of the purchaser; the amount of
18    the  selling  price  including  the  amount  allowed  by  the
19    retailer for traded-in property, if any; the  amount  allowed
20    by the retailer for the traded-in tangible personal property,
21    if  any,  to the extent to which Section 2 of this Act allows
22    an exemption for the value of traded-in property; the balance
23    payable after deducting  such  trade-in  allowance  from  the
24    total  selling price; the amount of tax due from the retailer
25    with respect to such transaction; the amount of tax collected
26    from the purchaser by the retailer on  such  transaction  (or
27    satisfactory  evidence  that  such  tax  is  not  due in that
28    particular instance, if that is claimed to be the fact);  the
29    place  and  date  of the sale, a sufficient identification of
30    the  property  sold,  and  such  other  information  as   the
31    Department may reasonably require.
32        Such  transaction  reporting  return  shall  be filed not
33    later than 20 days after the date of  delivery  of  the  item
34    that  is  being sold, but may be filed by the retailer at any
 
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 1    time  sooner  than  that  if  he  chooses  to  do  so.    The
 2    transaction  reporting  return and tax remittance or proof of
 3    exemption from the tax that is imposed by  this  Act  may  be
 4    transmitted to the Department by way of the State agency with
 5    which,  or  State  officer  with  whom, the tangible personal
 6    property  must  be  titled  or  registered  (if  titling   or
 7    registration  is  required) if the Department and such agency
 8    or State officer determine that this procedure will  expedite
 9    the processing of applications for title or registration.
10        With each such transaction reporting return, the retailer
11    shall  remit  the  proper  amount of tax due (or shall submit
12    satisfactory evidence that the sale is not taxable if that is
13    the case), to the Department or  its  agents,  whereupon  the
14    Department  shall  issue,  in  the  purchaser's  name,  a tax
15    receipt (or a certificate of exemption if the  Department  is
16    satisfied  that the particular sale is tax exempt) which such
17    purchaser may submit to  the  agency  with  which,  or  State
18    officer  with  whom,  he  must title or register the tangible
19    personal  property  that   is   involved   (if   titling   or
20    registration  is  required)  in  support  of such purchaser's
21    application for an Illinois certificate or other evidence  of
22    title or registration to such tangible personal property.
23        No  retailer's failure or refusal to remit tax under this
24    Act precludes a user, who has paid  the  proper  tax  to  the
25    retailer,  from  obtaining  his certificate of title or other
26    evidence of title or registration (if titling or registration
27    is required) upon satisfying the Department  that  such  user
28    has paid the proper tax (if tax is due) to the retailer.  The
29    Department  shall  adopt  appropriate  rules to carry out the
30    mandate of this paragraph.
31        If the user who would otherwise pay tax to  the  retailer
32    wants  the transaction reporting return filed and the payment
33    of tax or proof of exemption made to  the  Department  before
34    the  retailer  is willing to take these actions and such user
 
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 1    has not paid the tax to the retailer, such user  may  certify
 2    to  the fact of such delay by the retailer, and may (upon the
 3    Department   being   satisfied   of   the   truth   of   such
 4    certification)  transmit  the  information  required  by  the
 5    transaction reporting return and the remittance  for  tax  or
 6    proof  of exemption directly to the Department and obtain his
 7    tax receipt or exemption determination, in  which  event  the
 8    transaction  reporting  return  and  tax remittance (if a tax
 9    payment was required) shall be credited by the Department  to
10    the  proper  retailer's  account  with  the  Department,  but
11    without  the  2.1%  or  1.75%  discount  provided for in this
12    Section being allowed.  When the user pays the  tax  directly
13    to  the  Department,  he shall pay the tax in the same amount
14    and in the same form in which it would be remitted if the tax
15    had been remitted to the Department by the retailer.
16        Where a retailer collects the tax  with  respect  to  the
17    selling  price  of  tangible personal property which he sells
18    and the purchaser thereafter returns such  tangible  personal
19    property  and  the retailer refunds the selling price thereof
20    to the purchaser, such retailer shall  also  refund,  to  the
21    purchaser,  the  tax  so  collected  from the purchaser. When
22    filing his return for the period in which he refunds such tax
23    to the purchaser, the retailer may deduct the amount  of  the
24    tax  so  refunded  by him to the purchaser from any other use
25    tax which such retailer may be required to pay  or  remit  to
26    the Department, as shown by such return, if the amount of the
27    tax  to be deducted was previously remitted to the Department
28    by  such  retailer.   If  the  retailer  has  not  previously
29    remitted the amount of such tax  to  the  Department,  he  is
30    entitled  to  no deduction under this Act upon refunding such
31    tax to the purchaser.
32        Any retailer filing a return  under  this  Section  shall
33    also  include  (for  the  purpose  of paying tax thereon) the
34    total tax covered by such return upon the  selling  price  of
 
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 1    tangible  personal property purchased by him at retail from a
 2    retailer, but as to which the tax imposed by this Act was not
 3    collected from the retailer  filing  such  return,  and  such
 4    retailer shall remit the amount of such tax to the Department
 5    when filing such return.
 6        If  experience  indicates  such action to be practicable,
 7    the Department may prescribe and  furnish  a  combination  or
 8    joint return which will enable retailers, who are required to
 9    file   returns   hereunder  and  also  under  the  Retailers'
10    Occupation Tax Act, to furnish  all  the  return  information
11    required by both Acts on the one form.
12        Where  the retailer has more than one business registered
13    with the Department under separate  registration  under  this
14    Act,  such retailer may not file each return that is due as a
15    single return covering all such  registered  businesses,  but
16    shall   file   separate  returns  for  each  such  registered
17    business.
18        Beginning January 1,  1990,  each  month  the  Department
19    shall  pay  into the State and Local Sales Tax Reform Fund, a
20    special fund in the State Treasury which is  hereby  created,
21    the  net revenue realized for the preceding month from the 1%
22    tax on sales of food for human consumption  which  is  to  be
23    consumed  off  the  premises  where  it  is  sold (other than
24    alcoholic beverages, soft drinks  and  food  which  has  been
25    prepared  for  immediate  consumption)  and  prescription and
26    nonprescription  medicines,  drugs,  medical  appliances  and
27    insulin, urine testing materials, syringes and  needles  used
28    by diabetics.
29        Beginning  January  1,  1990,  each  month the Department
30    shall pay into the County and Mass Transit District  Fund  4%
31    of  the net revenue realized for the preceding month from the
32    6.25% general rate on the selling price of tangible  personal
33    property which is purchased outside Illinois at retail from a
34    retailer  and  which  is titled or registered by an agency of
 
                            -14-     LRB093 03850 SJM 03885 b
 1    this State's government.
 2        Beginning January 1,  1990,  each  month  the  Department
 3    shall  pay  into the State and Local Sales Tax Reform Fund, a
 4    special fund in the State Treasury, 20% of  the  net  revenue
 5    realized  for the preceding month from the 6.25% general rate
 6    on the selling price of  tangible  personal  property,  other
 7    than  tangible  personal  property which is purchased outside
 8    Illinois at retail from a retailer and  which  is  titled  or
 9    registered by an agency of this State's government.
10        Beginning August 1, 2000, each month the Department shall
11    pay  into  the  State and Local Sales Tax Reform Fund 100% of
12    the net revenue realized for the  preceding  month  from  the
13    1.25% rate on the selling price of motor fuel and gasohol.
14        Beginning  January  1,  1990,  each  month the Department
15    shall pay into the Local Government Tax Fund 16% of  the  net
16    revenue  realized  for  the  preceding  month  from the 6.25%
17    general rate  on  the  selling  price  of  tangible  personal
18    property which is purchased outside Illinois at retail from a
19    retailer  and  which  is titled or registered by an agency of
20    this State's government.
21        Of the remainder of the moneys received by the Department
22    pursuant to this Act, (a) 1.75% thereof shall  be  paid  into
23    the  Build  Illinois Fund and (b) prior to July 1, 1989, 2.2%
24    and on and after July 1, 1989, 3.8%  thereof  shall  be  paid
25    into  the  Build Illinois Fund; provided, however, that if in
26    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
27    as the case may be, of the moneys received by the  Department
28    and required to be paid into the Build Illinois Fund pursuant
29    to  Section 3 of the Retailers' Occupation Tax Act, Section 9
30    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
31    Section 9 of the Service Occupation Tax Act, such Acts  being
32    hereinafter  called the "Tax Acts" and such aggregate of 2.2%
33    or 3.8%, as the case may  be,  of  moneys  being  hereinafter
34    called  the  "Tax Act Amount", and (2) the amount transferred
 
                            -15-     LRB093 03850 SJM 03885 b
 1    to the Build Illinois Fund from the State and Local Sales Tax
 2    Reform Fund shall be less than the  Annual  Specified  Amount
 3    (as  defined  in  Section  3 of the Retailers' Occupation Tax
 4    Act), an amount equal to the difference shall be  immediately
 5    paid  into the Build Illinois Fund from other moneys received
 6    by the Department pursuant  to  the  Tax  Acts;  and  further
 7    provided,  that  if on the last business day of any month the
 8    sum of (1) the Tax Act Amount required to be  deposited  into
 9    the  Build  Illinois  Bond Account in the Build Illinois Fund
10    during such month and (2) the amount transferred during  such
11    month  to  the  Build  Illinois Fund from the State and Local
12    Sales Tax Reform Fund shall have been less than 1/12  of  the
13    Annual  Specified  Amount,  an amount equal to the difference
14    shall be immediately paid into the Build Illinois  Fund  from
15    other  moneys  received by the Department pursuant to the Tax
16    Acts; and, further provided,  that  in  no  event  shall  the
17    payments  required  under  the  preceding  proviso  result in
18    aggregate payments into the Build Illinois Fund  pursuant  to
19    this  clause (b) for any fiscal year in excess of the greater
20    of (i) the Tax Act Amount or (ii) the Annual Specified Amount
21    for such fiscal year; and, further provided, that the amounts
22    payable into the Build Illinois Fund under  this  clause  (b)
23    shall be payable only until such time as the aggregate amount
24    on  deposit  under each trust indenture securing Bonds issued
25    and outstanding pursuant to the Build Illinois  Bond  Act  is
26    sufficient, taking into account any future investment income,
27    to  fully provide, in accordance with such indenture, for the
28    defeasance of or the payment of the principal of, premium, if
29    any, and interest on the Bonds secured by such indenture  and
30    on  any  Bonds  expected to be issued thereafter and all fees
31    and costs payable with respect thereto, all as  certified  by
32    the  Director  of  the  Bureau of the Budget.  If on the last
33    business day of any month  in  which  Bonds  are  outstanding
34    pursuant to the Build Illinois Bond Act, the aggregate of the
 
                            -16-     LRB093 03850 SJM 03885 b
 1    moneys  deposited  in  the Build Illinois Bond Account in the
 2    Build Illinois Fund in such month  shall  be  less  than  the
 3    amount  required  to  be  transferred  in such month from the
 4    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
 5    Retirement  and  Interest  Fund pursuant to Section 13 of the
 6    Build Illinois Bond Act, an amount equal to  such  deficiency
 7    shall  be  immediately paid from other moneys received by the
 8    Department pursuant to the Tax Acts  to  the  Build  Illinois
 9    Fund;  provided,  however, that any amounts paid to the Build
10    Illinois Fund in any fiscal year pursuant  to  this  sentence
11    shall be deemed to constitute payments pursuant to clause (b)
12    of  the  preceding  sentence  and  shall  reduce  the  amount
13    otherwise payable for such fiscal year pursuant to clause (b)
14    of  the  preceding  sentence.   The  moneys  received  by the
15    Department pursuant to this Act and required to be  deposited
16    into the Build Illinois Fund are subject to the pledge, claim
17    and charge set forth in Section 12 of the Build Illinois Bond
18    Act.
19        Subject  to  payment  of  amounts into the Build Illinois
20    Fund as  provided  in  the  preceding  paragraph  or  in  any
21    amendment  thereto hereafter enacted, the following specified
22    monthly  installment  of  the   amount   requested   in   the
23    certificate  of  the  Chairman  of  the Metropolitan Pier and
24    Exposition Authority provided  under  Section  8.25f  of  the
25    State  Finance  Act, but not in excess of the sums designated
26    as "Total Deposit", shall be deposited in the aggregate  from
27    collections  under Section 9 of the Use Tax Act, Section 9 of
28    the Service Use Tax Act, Section 9 of the Service  Occupation
29    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
30    into the  McCormick  Place  Expansion  Project  Fund  in  the
31    specified fiscal years.
32               Fiscal Year                           Total Deposit
33                   1993                                        $0
34                   1994                                53,000,000
 
                            -17-     LRB093 03850 SJM 03885 b
 1                   1995                                58,000,000
 2                   1996                                61,000,000
 3                   1997                                64,000,000
 4                   1998                                68,000,000
 5                   1999                                71,000,000
 6                   2000                                75,000,000
 7                   2001                                80,000,000
 8                   2002                                93,000,000
 9                   2003                                99,000,000
10                   2004                               103,000,000
11                   2005                               108,000,000
12                   2006                               113,000,000
13                   2007                               119,000,000
14                   2008                               126,000,000
15                   2009                               132,000,000
16                   2010                               139,000,000
17                   2011                               146,000,000
18                   2012                               153,000,000
19                   2013                               161,000,000
20                   2014                               170,000,000
21                   2015                               179,000,000
22                   2016                               189,000,000
23                   2017                               199,000,000
24                   2018                               210,000,000
25                   2019                               221,000,000
26                   2020                               233,000,000
27                   2021                               246,000,000
28                   2022                               260,000,000
29                 2023 and                             275,000,000
30    each fiscal year
31    thereafter that bonds
32    are outstanding under
33    Section 13.2 of the
34    Metropolitan Pier and
 
                            -18-     LRB093 03850 SJM 03885 b
 1    Exposition Authority
 2    Act, but not after fiscal year 2042.
 3        Beginning  July 20, 1993 and in each month of each fiscal
 4    year thereafter, one-eighth of the amount  requested  in  the
 5    certificate  of  the  Chairman  of  the Metropolitan Pier and
 6    Exposition Authority for that fiscal year,  less  the  amount
 7    deposited  into the McCormick Place Expansion Project Fund by
 8    the State Treasurer in the respective month under  subsection
 9    (g)  of  Section  13  of the Metropolitan Pier and Exposition
10    Authority Act, plus cumulative deficiencies in  the  deposits
11    required  under  this  Section for previous months and years,
12    shall be deposited into the McCormick Place Expansion Project
13    Fund, until the full amount requested for  the  fiscal  year,
14    but  not  in  excess  of the amount specified above as "Total
15    Deposit", has been deposited.
16        Subject to payment of amounts  into  the  Build  Illinois
17    Fund  and the McCormick Place Expansion Project Fund pursuant
18    to the preceding paragraphs  or  in  any  amendments  thereto
19    hereafter  enacted,  beginning  July  1, 1993, the Department
20    shall each month pay into the  Illinois  Tax  Increment  Fund
21    0.27%  of  80%  of the net revenue realized for the preceding
22    month from the 6.25% general rate on  the  selling  price  of
23    tangible personal property.
24        Subject  to  payment  of  amounts into the Build Illinois
25    Fund and the McCormick Place Expansion Project Fund  pursuant
26    to  the  preceding  paragraphs  or  in any amendments thereto
27    hereafter enacted, beginning with the receipt  of  the  first
28    report  of  taxes paid by an eligible business and continuing
29    for a 25-year period, the Department  shall  each  month  pay
30    into  the  Energy  Infrastructure Fund 80% of the net revenue
31    realized from the 6.25% general rate on the selling price  of
32    Illinois-mined  coal  that  was sold to an eligible business.
33    For purposes of this paragraph, the term "eligible  business"
34    means  a  new electric generating facility certified pursuant
 
                            -19-     LRB093 03850 SJM 03885 b
 1    to  Section  605-332  of  the  Department  of  Commerce   and
 2    Community  Affairs  Law  of  the Civil Administrative Code of
 3    Illinois.
 4        Of the remainder of the moneys received by the Department
 5    pursuant to this Act, 75% thereof  shall  be  paid  into  the
 6    State Treasury and 25% shall be reserved in a special account
 7    and  used  only for the transfer to the Common School Fund as
 8    part of the monthly transfer from the General Revenue Fund in
 9    accordance with Section 8a of the State Finance Act.
10        As soon as possible after the first day  of  each  month,
11    upon   certification   of  the  Department  of  Revenue,  the
12    Comptroller shall order transferred and the  Treasurer  shall
13    transfer  from the General Revenue Fund to the Motor Fuel Tax
14    Fund an amount equal to  1.7%  of  80%  of  the  net  revenue
15    realized  under  this  Act  for  the  second preceding month.
16    Beginning April 1, 2000, this transfer is no longer  required
17    and shall not be made.
18        Net  revenue  realized  for  a month shall be the revenue
19    collected by the State pursuant to this Act, less the  amount
20    paid  out  during  that  month  as  refunds  to taxpayers for
21    overpayment of liability.
22        For greater simplicity of administration,  manufacturers,
23    importers  and  wholesalers whose products are sold at retail
24    in Illinois by numerous retailers, and who wish to do so, may
25    assume the responsibility for accounting and  paying  to  the
26    Department  all  tax  accruing under this Act with respect to
27    such sales, if the retailers who are  affected  do  not  make
28    written objection to the Department to this arrangement.
29    (Source: P.A.   91-37,  eff.  7-1-99;  91-51,  eff.  6-30-99;
30    91-101, eff. 7-12-99;  91-541,  eff.  8-13-99;  91-872,  eff.
31    7-1-00;  91-901, eff. 1-1-01; 92-12, eff. 7-1-01; 92-16, eff.
32    6-28-01; 92-208, eff. 8-2-01; 92-492,  eff.  1-1-02;  92-600,
33    eff. 6-28-02; 92-651, eff. 7-11-02.)
 
                            -20-     LRB093 03850 SJM 03885 b
 1        Section  10.   The  Service  Use  Tax  Act  is amended by
 2    changing Section 9 as follows:

 3        (35 ILCS 110/9) (from Ch. 120, par. 439.39)
 4        Sec.  9.  Each  serviceman  required  or  authorized   to
 5    collect  the  tax  herein imposed shall pay to the Department
 6    the amount of such tax (except as otherwise provided) at  the
 7    time  when  he  is required to file his return for the period
 8    during which such tax was collected, less a discount of  2.1%
 9    prior  to  January  1, 1990 and 1.75% on and after January 1,
10    1990, or $5 per calendar year, whichever is greater, which is
11    allowed to reimburse the serviceman for expenses incurred  in
12    collecting  the  tax,  keeping  records, preparing and filing
13    returns,  remitting  the  tax  and  supplying  data  to   the
14    Department  on request. A serviceman need not remit that part
15    of any tax collected by him to the extent that he is required
16    to pay and does pay the tax imposed by the Service Occupation
17    Tax Act with respect to his sale  of  service  involving  the
18    incidental transfer by him of the same property. Beginning on
19    January  1, 2004 and through December 31, 2008, a retailer or
20    serviceman is allowed to take the 1.75% or  $5  discount,  as
21    appropriate,  for  the first $1,000,000 in taxes collected in
22    the aggregate in a calendar year under the Use Tax  Act,  the
23    Service  Use Tax Act, the Service Occupation Tax Act, and the
24    Retailers' Occupation Tax  Act.  No  discount  may  be  taken
25    during  that  period  for taxes collected above $1,000,000 in
26    the aggregate in a calendar year under these Acts.
27        Except as provided hereinafter in  this  Section,  on  or
28    before  the  twentieth  day  of  each  calendar  month,  such
29    serviceman  shall  file  a  return for the preceding calendar
30    month in accordance with reasonable Rules and Regulations  to
31    be  promulgated by the Department. Such return shall be filed
32    on a form prescribed by the Department and shall contain such
33    information as the Department may reasonably require.
 
                            -21-     LRB093 03850 SJM 03885 b
 1        The Department may require  returns  to  be  filed  on  a
 2    quarterly  basis.  If so required, a return for each calendar
 3    quarter shall be filed on or before the twentieth day of  the
 4    calendar  month  following  the end of such calendar quarter.
 5    The taxpayer shall also file a return with the Department for
 6    each of the first two months of each calendar quarter, on  or
 7    before  the  twentieth  day  of the following calendar month,
 8    stating:
 9             1.  The name of the seller;
10             2.  The address of the principal place  of  business
11        from which he engages in business as a serviceman in this
12        State;
13             3.  The total amount of taxable receipts received by
14        him   during  the  preceding  calendar  month,  including
15        receipts  from  charge  and  time  sales,  but  less  all
16        deductions allowed by law;
17             4.  The amount of credit provided in Section  2d  of
18        this Act;
19             5.  The amount of tax due;
20             5-5.  The signature of the taxpayer; and
21             6.  Such   other   reasonable   information  as  the
22        Department may require.
23        If a taxpayer fails to sign a return within 30 days after
24    the proper notice and demand for signature by the Department,
25    the return shall be considered valid and any amount shown  to
26    be due on the return shall be deemed assessed.
27        Beginning  October 1, 1993, a taxpayer who has an average
28    monthly tax liability of $150,000  or  more  shall  make  all
29    payments  required  by  rules of the Department by electronic
30    funds transfer.  Beginning October 1, 1994,  a  taxpayer  who
31    has  an  average  monthly  tax  liability of $100,000 or more
32    shall make all payments required by rules of  the  Department
33    by  electronic  funds transfer.  Beginning October 1, 1995, a
34    taxpayer who has an average monthly tax liability of  $50,000
 
                            -22-     LRB093 03850 SJM 03885 b
 1    or  more  shall  make  all  payments required by rules of the
 2    Department by electronic funds transfer. Beginning October 1,
 3    2000, a taxpayer who has an annual tax liability of  $200,000
 4    or  more  shall  make  all  payments required by rules of the
 5    Department by electronic funds transfer.   The  term  "annual
 6    tax liability" shall be the sum of the taxpayer's liabilities
 7    under   this  Act,  and  under  all  other  State  and  local
 8    occupation and use tax laws administered by  the  Department,
 9    for  the  immediately  preceding  calendar  year.    The term
10    "average  monthly  tax  liability"  means  the  sum  of   the
11    taxpayer's  liabilities  under  this Act, and under all other
12    State and local occupation and use tax laws  administered  by
13    the  Department,  for the immediately preceding calendar year
14    divided by 12. Beginning on October 1, 2002, a  taxpayer  who
15    has a tax liability in the amount set forth in subsection (b)
16    of  Section  2505-210  of the Department of Revenue Law shall
17    make all payments required by  rules  of  the  Department  by
18    electronic funds transfer.
19        Before  August  1  of  each  year  beginning in 1993, the
20    Department  shall  notify  all  taxpayers  required  to  make
21    payments by electronic funds transfer. All taxpayers required
22    to make payments by  electronic  funds  transfer  shall  make
23    those payments for a minimum of one year beginning on October
24    1.
25        Any  taxpayer not required to make payments by electronic
26    funds transfer may make payments by electronic funds transfer
27    with the permission of the Department.
28        All taxpayers required  to  make  payment  by  electronic
29    funds  transfer  and  any taxpayers authorized to voluntarily
30    make payments by electronic funds transfer shall  make  those
31    payments in the manner authorized by the Department.
32        The Department shall adopt such rules as are necessary to
33    effectuate  a  program  of  electronic funds transfer and the
34    requirements of this Section.
 
                            -23-     LRB093 03850 SJM 03885 b
 1        If the serviceman is otherwise required to file a monthly
 2    return and if the serviceman's average monthly tax  liability
 3    to  the  Department  does not exceed $200, the Department may
 4    authorize his returns to be filed on a quarter annual  basis,
 5    with  the  return  for January, February and March of a given
 6    year being due by April 20 of such year; with the return  for
 7    April,  May  and June of a given year being due by July 20 of
 8    such year; with the return for July, August and September  of
 9    a  given  year being due by October 20 of such year, and with
10    the return for October, November and December of a given year
11    being due by January 20 of the following year.
12        If the serviceman is otherwise required to file a monthly
13    or quarterly return and if the serviceman's  average  monthly
14    tax  liability  to  the  Department  does not exceed $50, the
15    Department may authorize his returns to be filed on an annual
16    basis, with the return for a given year being due by  January
17    20 of the following year.
18        Such  quarter  annual  and annual returns, as to form and
19    substance, shall be  subject  to  the  same  requirements  as
20    monthly returns.
21        Notwithstanding   any   other   provision   in  this  Act
22    concerning the time within which a serviceman  may  file  his
23    return, in the case of any serviceman who ceases to engage in
24    a  kind  of  business  which makes him responsible for filing
25    returns under this Act, such serviceman shall  file  a  final
26    return  under  this  Act  with the Department not more than 1
27    month after discontinuing such business.
28        Where a serviceman collects the tax with respect  to  the
29    selling  price  of  property which he sells and the purchaser
30    thereafter returns such property and the  serviceman  refunds
31    the  selling  price thereof to the purchaser, such serviceman
32    shall also refund, to the purchaser,  the  tax  so  collected
33    from  the purchaser. When filing his return for the period in
34    which he refunds such tax to the  purchaser,  the  serviceman
 
                            -24-     LRB093 03850 SJM 03885 b
 1    may  deduct  the  amount of the tax so refunded by him to the
 2    purchaser from any other Service Use Tax, Service  Occupation
 3    Tax,   retailers'  occupation  tax  or  use  tax  which  such
 4    serviceman may be required to pay or remit to the Department,
 5    as shown by such return, provided that the amount of the  tax
 6    to  be  deducted  shall  previously have been remitted to the
 7    Department by such serviceman. If the  serviceman  shall  not
 8    previously  have  remitted  the  amount  of  such  tax to the
 9    Department, he shall be entitled to  no  deduction  hereunder
10    upon refunding such tax to the purchaser.
11        Any  serviceman  filing  a  return  hereunder  shall also
12    include the total tax upon  the  selling  price  of  tangible
13    personal  property purchased for use by him as an incident to
14    a sale of service, and such serviceman shall remit the amount
15    of such tax to the Department when filing such return.
16        If experience indicates such action  to  be  practicable,
17    the  Department  may  prescribe  and furnish a combination or
18    joint return which will enable servicemen, who  are  required
19    to   file  returns  hereunder  and  also  under  the  Service
20    Occupation Tax Act, to furnish  all  the  return  information
21    required by both Acts on the one form.
22        Where   the   serviceman   has  more  than  one  business
23    registered with the Department  under  separate  registration
24    hereunder, such serviceman shall not file each return that is
25    due   as   a  single  return  covering  all  such  registered
26    businesses, but shall file separate  returns  for  each  such
27    registered business.
28        Beginning  January  1,  1990,  each  month the Department
29    shall pay into the State and Local Tax Reform Fund, a special
30    fund in the State Treasury, the net revenue realized for  the
31    preceding  month  from  the 1% tax on sales of food for human
32    consumption which is to be consumed off the premises where it
33    is sold (other than alcoholic beverages, soft drinks and food
34    which  has  been  prepared  for  immediate  consumption)  and
 
                            -25-     LRB093 03850 SJM 03885 b
 1    prescription and nonprescription  medicines,  drugs,  medical
 2    appliances and insulin, urine testing materials, syringes and
 3    needles used by diabetics.
 4        Beginning  January  1,  1990,  each  month the Department
 5    shall pay into the State and Local Sales Tax Reform Fund  20%
 6    of  the net revenue realized for the preceding month from the
 7    6.25%  general  rate  on  transfers  of   tangible   personal
 8    property,  other  than  tangible  personal  property which is
 9    purchased outside Illinois at  retail  from  a  retailer  and
10    which  is  titled  or registered by an agency of this State's
11    government.
12        Beginning August 1, 2000, each month the Department shall
13    pay into the State and Local Sales Tax Reform  Fund  100%  of
14    the  net  revenue  realized  for the preceding month from the
15    1.25% rate on the selling price of motor fuel and gasohol.
16        Of the remainder of the moneys received by the Department
17    pursuant to this Act, (a)  1.75% thereof shall be  paid  into
18    the  Build  Illinois Fund and (b) prior to July 1, 1989, 2.2%
19    and on and after July 1, 1989, 3.8% thereof  shall  be   paid
20    into  the  Build Illinois Fund; provided, however, that if in
21    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
22    as the case may be, of the moneys received by the  Department
23    and required to be paid into the Build Illinois Fund pursuant
24    to  Section 3 of the Retailers' Occupation Tax Act, Section 9
25    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
26    Section 9 of the Service Occupation Tax Act, such Acts  being
27    hereinafter  called the "Tax Acts" and such aggregate of 2.2%
28    or 3.8%, as the case may  be,  of  moneys  being  hereinafter
29    called  the  "Tax Act Amount", and (2) the amount transferred
30    to the Build Illinois Fund from the State and Local Sales Tax
31    Reform Fund shall be less than the Annual  Specified   Amount
32    (as  defined  in  Section  3 of the Retailers' Occupation Tax
33    Act), an amount equal to the difference shall be  immediately
34    paid  into the Build Illinois Fund from other moneys received
 
                            -26-     LRB093 03850 SJM 03885 b
 1    by the Department pursuant  to  the  Tax  Acts;  and  further
 2    provided,  that  if on the last business day of any month the
 3    sum of (1) the Tax Act Amount required to be  deposited  into
 4    the  Build  Illinois  Bond Account in the Build Illinois Fund
 5    during such month and (2) the amount transferred during  such
 6    month  to  the  Build  Illinois Fund from the State and Local
 7    Sales Tax Reform Fund shall have been less than 1/12  of  the
 8    Annual  Specified  Amount,  an amount equal to the difference
 9    shall be immediately paid into the Build Illinois  Fund  from
10    other  moneys  received by the Department pursuant to the Tax
11    Acts; and, further provided,  that  in  no  event  shall  the
12    payments  required  under  the  preceding  proviso  result in
13    aggregate payments into the Build Illinois Fund  pursuant  to
14    this  clause (b) for any fiscal year in excess of the greater
15    of (i) the Tax Act Amount or (ii) the Annual Specified Amount
16    for such fiscal year; and, further provided, that the amounts
17    payable into the Build Illinois Fund under  this  clause  (b)
18    shall be payable only until such time as the aggregate amount
19    on  deposit  under each trust indenture securing Bonds issued
20    and outstanding pursuant to the Build Illinois  Bond  Act  is
21    sufficient, taking into account any future investment income,
22    to  fully provide, in accordance with such indenture, for the
23    defeasance of or the payment of the principal of, premium, if
24    any, and interest on the Bonds secured by such indenture  and
25    on  any  Bonds  expected to be issued thereafter and all fees
26    and costs payable with respect thereto, all as  certified  by
27    the  Director  of  the  Bureau of the Budget.  If on the last
28    business day of any month  in  which  Bonds  are  outstanding
29    pursuant to the Build Illinois Bond Act, the aggregate of the
30    moneys  deposited  in  the Build Illinois Bond Account in the
31    Build Illinois Fund in such month  shall  be  less  than  the
32    amount  required  to  be  transferred  in such month from the
33    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
34    Retirement  and  Interest  Fund pursuant to Section 13 of the
 
                            -27-     LRB093 03850 SJM 03885 b
 1    Build Illinois Bond Act, an amount equal to  such  deficiency
 2    shall  be  immediately paid from other moneys received by the
 3    Department pursuant to the Tax Acts  to  the  Build  Illinois
 4    Fund;  provided,  however, that any amounts paid to the Build
 5    Illinois Fund in any fiscal year pursuant  to  this  sentence
 6    shall be deemed to constitute payments pursuant to clause (b)
 7    of  the  preceding  sentence  and  shall  reduce  the  amount
 8    otherwise payable for such fiscal year pursuant to clause (b)
 9    of  the  preceding  sentence.   The  moneys  received  by the
10    Department pursuant to this Act and required to be  deposited
11    into the Build Illinois Fund are subject to the pledge, claim
12    and charge set forth in Section 12 of the Build Illinois Bond
13    Act.
14        Subject  to  payment  of  amounts into the Build Illinois
15    Fund as  provided  in  the  preceding  paragraph  or  in  any
16    amendment  thereto hereafter enacted, the following specified
17    monthly  installment  of  the   amount   requested   in   the
18    certificate  of  the  Chairman  of  the Metropolitan Pier and
19    Exposition Authority provided  under  Section  8.25f  of  the
20    State  Finance  Act, but not in excess of the sums designated
21    as "Total Deposit", shall be deposited in the aggregate  from
22    collections  under Section 9 of the Use Tax Act, Section 9 of
23    the Service Use Tax Act, Section 9 of the Service  Occupation
24    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
25    into the  McCormick  Place  Expansion  Project  Fund  in  the
26    specified fiscal years.
27               Fiscal Year                           Total Deposit
28                   1993                                        $0
29                   1994                                53,000,000
30                   1995                                58,000,000
31                   1996                                61,000,000
32                   1997                                64,000,000
33                   1998                                68,000,000
34                   1999                                71,000,000
 
                            -28-     LRB093 03850 SJM 03885 b
 1                   2000                                75,000,000
 2                   2001                                80,000,000
 3                   2002                                93,000,000
 4                   2003                                99,000,000
 5                   2004                               103,000,000
 6                   2005                               108,000,000
 7                   2006                               113,000,000
 8                   2007                               119,000,000
 9                   2008                               126,000,000
10                   2009                               132,000,000
11                   2010                               139,000,000
12                   2011                               146,000,000
13                   2012                               153,000,000
14                   2013                               161,000,000
15                   2014                               170,000,000
16                   2015                               179,000,000
17                   2016                               189,000,000
18                   2017                               199,000,000
19                   2018                               210,000,000
20                   2019                               221,000,000
21                   2020                               233,000,000
22                   2021                               246,000,000
23                   2022                               260,000,000
24                 2023 and                             275,000,000
25    each fiscal year
26    thereafter that bonds
27    are outstanding under
28    Section 13.2 of the
29    Metropolitan Pier and
30    Exposition Authority Act,
31    but not after fiscal year 2042.
32        Beginning  July 20, 1993 and in each month of each fiscal
33    year thereafter, one-eighth of the amount  requested  in  the
34    certificate  of  the  Chairman  of  the Metropolitan Pier and
 
                            -29-     LRB093 03850 SJM 03885 b
 1    Exposition Authority for that fiscal year,  less  the  amount
 2    deposited  into the McCormick Place Expansion Project Fund by
 3    the State Treasurer in the respective month under  subsection
 4    (g)  of  Section  13  of the Metropolitan Pier and Exposition
 5    Authority Act, plus cumulative deficiencies in  the  deposits
 6    required  under  this  Section for previous months and years,
 7    shall be deposited into the McCormick Place Expansion Project
 8    Fund, until the full amount requested for  the  fiscal  year,
 9    but  not  in  excess  of the amount specified above as "Total
10    Deposit", has been deposited.
11        Subject to payment of amounts  into  the  Build  Illinois
12    Fund  and the McCormick Place Expansion Project Fund pursuant
13    to the preceding paragraphs  or  in  any  amendments  thereto
14    hereafter  enacted,  beginning  July  1, 1993, the Department
15    shall each month pay into the  Illinois  Tax  Increment  Fund
16    0.27%  of  80%  of the net revenue realized for the preceding
17    month from the 6.25% general rate on  the  selling  price  of
18    tangible personal property.
19        Subject  to  payment  of  amounts into the Build Illinois
20    Fund and the McCormick Place Expansion Project Fund  pursuant
21    to  the  preceding  paragraphs  or  in any amendments thereto
22    hereafter enacted, beginning with the receipt  of  the  first
23    report  of  taxes paid by an eligible business and continuing
24    for a 25-year period, the Department  shall  each  month  pay
25    into  the  Energy  Infrastructure Fund 80% of the net revenue
26    realized from the 6.25% general rate on the selling price  of
27    Illinois-mined  coal  that  was sold to an eligible business.
28    For purposes of this paragraph, the term "eligible  business"
29    means  a  new electric generating facility certified pursuant
30    to  Section  605-332  of  the  Department  of  Commerce   and
31    Community  Affairs  Law  of  the Civil Administrative Code of
32    Illinois.
33        All remaining moneys received by the Department  pursuant
34    to  this  Act  shall be paid into the General Revenue Fund of
 
                            -30-     LRB093 03850 SJM 03885 b
 1    the State Treasury.
 2        As soon as possible after the first day  of  each  month,
 3    upon   certification   of  the  Department  of  Revenue,  the
 4    Comptroller shall order transferred and the  Treasurer  shall
 5    transfer  from the General Revenue Fund to the Motor Fuel Tax
 6    Fund an amount equal to  1.7%  of  80%  of  the  net  revenue
 7    realized  under  this  Act  for  the  second preceding month.
 8    Beginning April 1, 2000, this transfer is no longer  required
 9    and shall not be made.
10        Net  revenue  realized  for  a month shall be the revenue
11    collected by the State pursuant to this Act, less the  amount
12    paid  out  during  that  month  as  refunds  to taxpayers for
13    overpayment of liability.
14    (Source: P.A.  91-37,  eff.  7-1-99;  91-51,  eff.   6-30-99;
15    91-101,  eff.  7-12-99;  91-541,  eff.  8-13-99; 91-872, eff.
16    7-1-00; 92-12, eff. 7-1-01; 92-208, eff. 8-2-01; 92-492, eff.
17    1-1-02; 92-600, eff. 6-28-02; 92-651, eff. 7-11-02.)

18        Section 15.  The Service Occupation Tax Act is amended by
19    changing Section 9 as follows:

20        (35 ILCS 115/9) (from Ch. 120, par. 439.109)
21        Sec.  9.   Each  serviceman  required  or  authorized  to
22    collect the tax herein imposed shall pay  to  the  Department
23    the  amount  of  such  tax at the time when he is required to
24    file his return for the period  during  which  such  tax  was
25    collectible,  less  a  discount  of  2.1% prior to January 1,
26    1990, and 1.75% on and after  January  1,  1990,  or  $5  per
27    calendar  year,  whichever  is  greater,  which is allowed to
28    reimburse the serviceman for expenses incurred in  collecting
29    the  tax,  keeping  records,  preparing  and  filing returns,
30    remitting the tax and supplying data  to  the  Department  on
31    request.  Beginning  on  January 1, 2004 and through December
32    31, 2008, a retailer or serviceman is  allowed  to  take  the
 
                            -31-     LRB093 03850 SJM 03885 b
 1    1.75%   or   $5  discount,  as  appropriate,  for  the  first
 2    $1,000,000 in taxes collected in the aggregate in a  calendar
 3    year  under  the  Use  Tax  Act, the Service Use Tax Act, the
 4    Service Occupation Tax Act, and the Retailers' Occupation Tax
 5    Act. No discount may be taken during that  period  for  taxes
 6    collected  above  $1,000,000  in  the aggregate in a calendar
 7    year under these Acts.
 8        Where such tangible personal property  is  sold  under  a
 9    conditional  sales  contract, or under any other form of sale
10    wherein the payment of the principal sum, or a part  thereof,
11    is  extended  beyond  the  close  of the period for which the
12    return is filed, the serviceman, in collecting  the  tax  may
13    collect,  for each tax return period, only the tax applicable
14    to the part of the selling  price  actually  received  during
15    such tax return period.
16        Except  as  provided  hereinafter  in this Section, on or
17    before  the  twentieth  day  of  each  calendar  month,  such
18    serviceman shall file a return  for  the  preceding  calendar
19    month  in accordance with reasonable rules and regulations to
20    be promulgated by the Department of  Revenue.    Such  return
21    shall  be  filed  on  a form prescribed by the Department and
22    shall  contain  such  information  as  the   Department   may
23    reasonably require.
24        The  Department  may  require  returns  to  be filed on a
25    quarterly basis.  If so required, a return for each  calendar
26    quarter  shall be filed on or before the twentieth day of the
27    calendar month following the end of  such  calendar  quarter.
28    The taxpayer shall also file a return with the Department for
29    each  of the first two months of each calendar quarter, on or
30    before the twentieth day of  the  following  calendar  month,
31    stating:
32             1.  The name of the seller;
33             2.  The  address  of the principal place of business
34        from which he engages in business as a serviceman in this
 
                            -32-     LRB093 03850 SJM 03885 b
 1        State;
 2             3.  The total amount of taxable receipts received by
 3        him  during  the  preceding  calendar  month,   including
 4        receipts  from  charge  and  time  sales,  but  less  all
 5        deductions allowed by law;
 6             4.  The  amount  of credit provided in Section 2d of
 7        this Act;
 8             5.  The amount of tax due;
 9             5-5.  The signature of the taxpayer; and
10             6.  Such  other  reasonable   information   as   the
11        Department may require.
12        If a taxpayer fails to sign a return within 30 days after
13    the proper notice and demand for signature by the Department,
14    the  return shall be considered valid and any amount shown to
15    be due on the return shall be deemed assessed.
16        A serviceman may accept a Manufacturer's Purchase  Credit
17    certification from a purchaser in satisfaction of Service Use
18    Tax as provided in Section 3-70 of the Service Use Tax Act if
19    the  purchaser  provides  the  appropriate  documentation  as
20    required  by  Section  3-70  of  the  Service Use Tax Act.  A
21    Manufacturer's Purchase Credit certification, accepted  by  a
22    serviceman as provided in Section 3-70 of the Service Use Tax
23    Act,  may  be  used  by  that  serviceman  to satisfy Service
24    Occupation  Tax  liability  in  the  amount  claimed  in  the
25    certification, not to exceed 6.25% of the receipts subject to
26    tax from a qualifying purchase.
27        If the serviceman's average monthly tax liability to  the
28    Department does not exceed $200, the Department may authorize
29    his  returns  to be filed on a quarter annual basis, with the
30    return for January, February and March of a given year  being
31    due  by April 20 of such year; with the return for April, May
32    and June of a given year being due by July 20 of  such  year;
33    with  the  return  for  July, August and September of a given
34    year being due by October 20  of  such  year,  and  with  the
 
                            -33-     LRB093 03850 SJM 03885 b
 1    return  for  October,  November  and December of a given year
 2    being due by January 20 of the following year.
 3        If the serviceman's average monthly tax liability to  the
 4    Department  does not exceed $50, the Department may authorize
 5    his returns to be filed on an annual basis, with  the  return
 6    for  a  given  year  being due by January 20 of the following
 7    year.
 8        Such quarter annual and annual returns, as  to  form  and
 9    substance,  shall  be  subject  to  the  same requirements as
10    monthly returns.
11        Notwithstanding  any  other   provision   in   this   Act
12    concerning  the  time  within which a serviceman may file his
13    return, in the case of any serviceman who ceases to engage in
14    a kind of business which makes  him  responsible  for  filing
15    returns  under  this  Act, such serviceman shall file a final
16    return under this Act with the Department  not  more  than  1
17    month after discontinuing such business.
18        Beginning  October 1, 1993, a taxpayer who has an average
19    monthly tax liability of $150,000  or  more  shall  make  all
20    payments  required  by  rules of the Department by electronic
21    funds transfer.  Beginning October 1, 1994,  a  taxpayer  who
22    has  an  average  monthly  tax  liability of $100,000 or more
23    shall make all payments required by rules of  the  Department
24    by  electronic  funds transfer.  Beginning October 1, 1995, a
25    taxpayer who has an average monthly tax liability of  $50,000
26    or  more  shall  make  all  payments required by rules of the
27    Department by electronic funds transfer.   Beginning  October
28    1,  2000,  a  taxpayer  who  has  an  annual tax liability of
29    $200,000 or more shall make all payments required by rules of
30    the  Department  by  electronic  funds  transfer.   The  term
31    "annual tax liability" shall be the  sum  of  the  taxpayer's
32    liabilities  under  this  Act,  and under all other State and
33    local  occupation  and  use  tax  laws  administered  by  the
34    Department, for the immediately preceding calendar year.  The
 
                            -34-     LRB093 03850 SJM 03885 b
 1    term  "average  monthly  tax  liability" means the sum of the
 2    taxpayer's liabilities under this Act, and  under  all  other
 3    State  and  local occupation and use tax laws administered by
 4    the Department, for the immediately preceding  calendar  year
 5    divided  by  12. Beginning on October 1, 2002, a taxpayer who
 6    has a tax liability in the amount set forth in subsection (b)
 7    of Section 2505-210 of the Department of  Revenue  Law  shall
 8    make  all  payments  required  by  rules of the Department by
 9    electronic funds transfer.
10        Before August 1 of  each  year  beginning  in  1993,  the
11    Department  shall  notify  all  taxpayers  required  to  make
12    payments   by  electronic  funds  transfer.    All  taxpayers
13    required to make payments by electronic funds transfer  shall
14    make  those  payments  for a minimum of one year beginning on
15    October 1.
16        Any taxpayer not required to make payments by  electronic
17    funds transfer may make payments by electronic funds transfer
18    with the permission of the Department.
19        All  taxpayers  required  to  make  payment by electronic
20    funds transfer and any taxpayers  authorized  to  voluntarily
21    make  payments  by electronic funds transfer shall make those
22    payments in the manner authorized by the Department.
23        The Department shall adopt such rules as are necessary to
24    effectuate a program of electronic  funds  transfer  and  the
25    requirements of this Section.
26        Where  a  serviceman collects the tax with respect to the
27    selling price of tangible personal property  which  he  sells
28    and  the  purchaser thereafter returns such tangible personal
29    property and the serviceman refunds the selling price thereof
30    to the purchaser, such serviceman shall also refund,  to  the
31    purchaser,  the  tax  so  collected from the purchaser.  When
32    filing his return for the period in which he refunds such tax
33    to the purchaser, the serviceman may deduct the amount of the
34    tax so refunded by  him  to  the  purchaser  from  any  other
 
                            -35-     LRB093 03850 SJM 03885 b
 1    Service   Occupation   Tax,   Service   Use  Tax,  Retailers'
 2    Occupation Tax or  Use  Tax  which  such  serviceman  may  be
 3    required  to pay or remit to the Department, as shown by such
 4    return, provided that the amount of the tax  to  be  deducted
 5    shall previously have been remitted to the Department by such
 6    serviceman.   If  the  serviceman  shall  not previously have
 7    remitted the amount of such tax to the Department,  he  shall
 8    be entitled to no deduction hereunder upon refunding such tax
 9    to the purchaser.
10        If  experience  indicates  such action to be practicable,
11    the Department may prescribe and  furnish  a  combination  or
12    joint  return  which will enable servicemen, who are required
13    to file returns  hereunder  and  also  under  the  Retailers'
14    Occupation  Tax  Act,  the Use Tax Act or the Service Use Tax
15    Act, to furnish all the return information  required  by  all
16    said Acts on the one form.
17        Where   the   serviceman   has  more  than  one  business
18    registered with the Department under  separate  registrations
19    hereunder,  such  serviceman  shall file separate returns for
20    each registered business.
21        Beginning January 1,  1990,  each  month  the  Department
22    shall  pay  into  the  Local  Government Tax Fund the revenue
23    realized for the preceding month from the 1% tax on sales  of
24    food  for  human  consumption which is to be consumed off the
25    premises where it is sold (other  than  alcoholic  beverages,
26    soft  drinks  and  food which has been prepared for immediate
27    consumption) and prescription and nonprescription  medicines,
28    drugs,   medical   appliances   and  insulin,  urine  testing
29    materials, syringes and needles used by diabetics.
30        Beginning January 1,  1990,  each  month  the  Department
31    shall  pay  into the County and Mass Transit District Fund 4%
32    of the revenue realized for  the  preceding  month  from  the
33    6.25% general rate.
34        Beginning August 1, 2000, each month the Department shall
 
                            -36-     LRB093 03850 SJM 03885 b
 1    pay into the County and Mass Transit District Fund 20% of the
 2    net  revenue  realized for the preceding month from the 1.25%
 3    rate on the selling price of motor fuel and gasohol.
 4        Beginning January 1,  1990,  each  month  the  Department
 5    shall  pay  into  the  Local  Government  Tax Fund 16% of the
 6    revenue realized for  the  preceding  month  from  the  6.25%
 7    general rate on transfers of tangible personal property.
 8        Beginning August 1, 2000, each month the Department shall
 9    pay into the Local Government Tax Fund 80% of the net revenue
10    realized  for  the preceding month from the 1.25% rate on the
11    selling price of motor fuel and gasohol.
12        Of the remainder of the moneys received by the Department
13    pursuant to this Act, (a) 1.75% thereof shall  be  paid  into
14    the  Build  Illinois Fund and (b) prior to July 1, 1989, 2.2%
15    and on and after July 1, 1989, 3.8%  thereof  shall  be  paid
16    into  the  Build Illinois Fund; provided, however, that if in
17    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
18    as the case may be, of the moneys received by the  Department
19    and required to be paid into the Build Illinois Fund pursuant
20    to  Section 3 of the Retailers' Occupation Tax Act, Section 9
21    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
22    Section 9 of the Service Occupation Tax Act, such Acts  being
23    hereinafter  called the "Tax Acts" and such aggregate of 2.2%
24    or 3.8%, as the case may  be,  of  moneys  being  hereinafter
25    called  the  "Tax Act Amount", and (2) the amount transferred
26    to the Build Illinois Fund from the State and Local Sales Tax
27    Reform Fund shall be less than the  Annual  Specified  Amount
28    (as  defined  in  Section  3 of the Retailers' Occupation Tax
29    Act), an amount equal to the difference shall be  immediately
30    paid  into the Build Illinois Fund from other moneys received
31    by the Department pursuant  to  the  Tax  Acts;  and  further
32    provided,  that  if on the last business day of any month the
33    sum of (1) the Tax Act Amount required to be  deposited  into
34    the  Build Illinois Account in the Build Illinois Fund during
 
                            -37-     LRB093 03850 SJM 03885 b
 1    such month and (2) the amount transferred during  such  month
 2    to the Build Illinois Fund from the State and Local Sales Tax
 3    Reform  Fund  shall  have  been  less than 1/12 of the Annual
 4    Specified Amount, an amount equal to the difference shall  be
 5    immediately  paid  into  the  Build  Illinois Fund from other
 6    moneys received by the Department pursuant to the  Tax  Acts;
 7    and,  further  provided,  that in no event shall the payments
 8    required under the  preceding  proviso  result  in  aggregate
 9    payments into the Build Illinois Fund pursuant to this clause
10    (b)  for  any fiscal year in excess of the greater of (i) the
11    Tax Act Amount or (ii) the Annual Specified Amount  for  such
12    fiscal  year; and, further provided, that the amounts payable
13    into the Build Illinois Fund under this clause (b)  shall  be
14    payable  only  until  such  time  as  the aggregate amount on
15    deposit under each trust indenture securing Bonds issued  and
16    outstanding  pursuant  to  the  Build  Illinois  Bond  Act is
17    sufficient, taking into account any future investment income,
18    to fully provide, in accordance with such indenture, for  the
19    defeasance of or the payment of the principal of, premium, if
20    any,  and interest on the Bonds secured by such indenture and
21    on any Bonds expected to be issued thereafter  and  all  fees
22    and  costs  payable with respect thereto, all as certified by
23    the Director of the Bureau of the Budget.   If  on  the  last
24    business  day  of  any  month  in which Bonds are outstanding
25    pursuant to the Build Illinois Bond Act, the aggregate of the
26    moneys deposited in the Build Illinois Bond  Account  in  the
27    Build  Illinois  Fund  in  such  month shall be less than the
28    amount required to be transferred  in  such  month  from  the
29    Build  Illinois  Bond  Account  to  the  Build  Illinois Bond
30    Retirement and Interest Fund pursuant to Section  13  of  the
31    Build  Illinois  Bond Act, an amount equal to such deficiency
32    shall be immediately paid from other moneys received  by  the
33    Department  pursuant  to  the  Tax Acts to the Build Illinois
34    Fund; provided, however, that any amounts paid to  the  Build
 
                            -38-     LRB093 03850 SJM 03885 b
 1    Illinois  Fund  in  any fiscal year pursuant to this sentence
 2    shall be deemed to constitute payments pursuant to clause (b)
 3    of  the  preceding  sentence  and  shall  reduce  the  amount
 4    otherwise payable for such fiscal year pursuant to clause (b)
 5    of the  preceding  sentence.   The  moneys  received  by  the
 6    Department  pursuant to this Act and required to be deposited
 7    into the Build Illinois Fund are subject to the pledge, claim
 8    and charge set forth in Section 12 of the Build Illinois Bond
 9    Act.
10        Subject to payment of amounts  into  the  Build  Illinois
11    Fund  as  provided  in  the  preceding  paragraph  or  in any
12    amendment thereto hereafter enacted, the following  specified
13    monthly   installment   of   the   amount  requested  in  the
14    certificate of the Chairman  of  the  Metropolitan  Pier  and
15    Exposition  Authority  provided  under  Section  8.25f of the
16    State Finance Act, but not in excess of the  sums  designated
17    as  "Total Deposit", shall be deposited in the aggregate from
18    collections under Section 9 of the Use Tax Act, Section 9  of
19    the  Service Use Tax Act, Section 9 of the Service Occupation
20    Tax Act, and Section 3 of the Retailers' Occupation  Tax  Act
21    into  the  McCormick  Place  Expansion  Project  Fund  in the
22    specified fiscal years.
23               Fiscal Year                           Total Deposit
24                   1993                                        $0
25                   1994                                53,000,000
26                   1995                                58,000,000
27                   1996                                61,000,000
28                   1997                                64,000,000
29                   1998                                68,000,000
30                   1999                                71,000,000
31                   2000                                75,000,000
32                   2001                                80,000,000
33                   2002                                93,000,000
34                   2003                                99,000,000
 
                            -39-     LRB093 03850 SJM 03885 b
 1                   2004                               103,000,000
 2                   2005                               108,000,000
 3                   2006                               113,000,000
 4                   2007                               119,000,000
 5                   2008                               126,000,000
 6                   2009                               132,000,000
 7                   2010                               139,000,000
 8                   2011                               146,000,000
 9                   2012                               153,000,000
10                   2013                               161,000,000
11                   2014                               170,000,000
12                   2015                               179,000,000
13                   2016                               189,000,000
14                   2017                               199,000,000
15                   2018                               210,000,000
16                   2019                               221,000,000
17                   2020                               233,000,000
18                   2021                               246,000,000
19                   2022                               260,000,000
20                 2023 and                             275,000,000
21    each fiscal year
22    thereafter that bonds
23    are outstanding under
24    Section 13.2 of the
25    Metropolitan Pier and
26    Exposition Authority
27    Act, but not after fiscal year 2042.
28        Beginning July 20, 1993 and in each month of each  fiscal
29    year  thereafter,  one-eighth  of the amount requested in the
30    certificate of the Chairman  of  the  Metropolitan  Pier  and
31    Exposition  Authority  for  that fiscal year, less the amount
32    deposited into the McCormick Place Expansion Project Fund  by
33    the  State Treasurer in the respective month under subsection
34    (g) of Section 13 of the  Metropolitan  Pier  and  Exposition
 
                            -40-     LRB093 03850 SJM 03885 b
 1    Authority  Act,  plus cumulative deficiencies in the deposits
 2    required under this Section for previous  months  and  years,
 3    shall be deposited into the McCormick Place Expansion Project
 4    Fund,  until  the  full amount requested for the fiscal year,
 5    but not in excess of the amount  specified  above  as  "Total
 6    Deposit", has been deposited.
 7        Subject  to  payment  of  amounts into the Build Illinois
 8    Fund and the McCormick Place Expansion Project Fund  pursuant
 9    to  the  preceding  paragraphs  or  in any amendments thereto
10    hereafter enacted, beginning July  1,  1993,  the  Department
11    shall  each  month  pay  into the Illinois Tax Increment Fund
12    0.27% of 80% of the net revenue realized  for  the  preceding
13    month  from  the  6.25%  general rate on the selling price of
14    tangible personal property.
15        Subject to payment of amounts  into  the  Build  Illinois
16    Fund  and the McCormick Place Expansion Project Fund pursuant
17    to the preceding paragraphs  or  in  any  amendments  thereto
18    hereafter  enacted,  beginning  with the receipt of the first
19    report of taxes paid by an eligible business  and  continuing
20    for  a  25-year  period,  the Department shall each month pay
21    into the Energy Infrastructure Fund 80% of  the  net  revenue
22    realized  from the 6.25% general rate on the selling price of
23    Illinois-mined coal that was sold to  an  eligible  business.
24    For  purposes of this paragraph, the term "eligible business"
25    means a new electric generating facility  certified  pursuant
26    to   Section  605-332  of  the  Department  of  Commerce  and
27    Community Affairs Law of the  Civil  Administrative  Code  of
28    Illinois.
29        Remaining  moneys  received by the Department pursuant to
30    this Act shall be paid into the General Revenue Fund  of  the
31    State Treasury.
32        The  Department  may,  upon  separate written notice to a
33    taxpayer, require the taxpayer to prepare and file  with  the
34    Department  on a form prescribed by the Department within not
 
                            -41-     LRB093 03850 SJM 03885 b
 1    less than 60 days after  receipt  of  the  notice  an  annual
 2    information  return for the tax year specified in the notice.
 3    Such  annual  return  to  the  Department  shall  include   a
 4    statement  of  gross receipts as shown by the taxpayer's last
 5    Federal income tax return.  If  the  total  receipts  of  the
 6    business  as reported in the Federal income tax return do not
 7    agree with the gross receipts reported to the  Department  of
 8    Revenue for the same period, the taxpayer shall attach to his
 9    annual  return  a  schedule showing a reconciliation of the 2
10    amounts and the reasons for the difference.   The  taxpayer's
11    annual  return to the Department shall also disclose the cost
12    of goods sold by the taxpayer during the year covered by such
13    return, opening and closing inventories  of  such  goods  for
14    such  year, cost of goods used from stock or taken from stock
15    and given away by the taxpayer during  such  year,  pay  roll
16    information  of  the taxpayer's business during such year and
17    any additional reasonable information  which  the  Department
18    deems  would  be  helpful  in determining the accuracy of the
19    monthly, quarterly or annual returns filed by  such  taxpayer
20    as hereinbefore provided for in this Section.
21        If the annual information return required by this Section
22    is  not  filed  when  and  as required, the taxpayer shall be
23    liable as follows:
24             (i)  Until January 1, 1994, the  taxpayer  shall  be
25        liable  for  a  penalty equal to 1/6 of 1% of the tax due
26        from such taxpayer under this Act during the period to be
27        covered by the annual return for each month  or  fraction
28        of  a  month  until such return is filed as required, the
29        penalty to be assessed and collected in the  same  manner
30        as any other penalty provided for in this Act.
31             (ii)  On  and  after  January  1, 1994, the taxpayer
32        shall be liable for a penalty as described in Section 3-4
33        of the Uniform Penalty and Interest Act.
34        The chief executive officer, proprietor, owner or highest
 
                            -42-     LRB093 03850 SJM 03885 b
 1    ranking manager shall sign the annual return to  certify  the
 2    accuracy  of  the  information contained therein.  Any person
 3    who willfully signs the annual  return  containing  false  or
 4    inaccurate   information  shall  be  guilty  of  perjury  and
 5    punished accordingly.  The annual return form  prescribed  by
 6    the  Department  shall  include  a  warning  that  the person
 7    signing the return may be liable for perjury.
 8        The foregoing portion  of  this  Section  concerning  the
 9    filing  of  an annual information return shall not apply to a
10    serviceman who is not required to file an income  tax  return
11    with the United States Government.
12        As  soon  as  possible after the first day of each month,
13    upon  certification  of  the  Department  of   Revenue,   the
14    Comptroller  shall  order transferred and the Treasurer shall
15    transfer from the General Revenue Fund to the Motor Fuel  Tax
16    Fund  an  amount  equal  to  1.7%  of  80% of the net revenue
17    realized under this  Act  for  the  second  preceding  month.
18    Beginning  April 1, 2000, this transfer is no longer required
19    and shall not be made.
20        Net revenue realized for a month  shall  be  the  revenue
21    collected  by the State pursuant to this Act, less the amount
22    paid out during  that  month  as  refunds  to  taxpayers  for
23    overpayment of liability.
24        For  greater  simplicity  of  administration, it shall be
25    permissible  for  manufacturers,  importers  and  wholesalers
26    whose products are sold by numerous servicemen  in  Illinois,
27    and  who  wish  to  do  so,  to assume the responsibility for
28    accounting and paying to  the  Department  all  tax  accruing
29    under  this Act with respect to such sales, if the servicemen
30    who are  affected  do  not  make  written  objection  to  the
31    Department to this arrangement.
32    (Source: P.A.   91-37,  eff.  7-1-99;  91-51,  eff.  6-30-99;
33    91-101, eff. 7-12-99;  91-541,  eff.  8-13-99;  91-872,  eff.
34    7-1-00; 92-12, eff. 7-1-01; 92-208, eff. 8-2-01; 92-492, eff.
 
                            -43-     LRB093 03850 SJM 03885 b
 1    1-1-02; 92-600, eff. 6-28-02; 92-651, eff. 7-11-02.)

 2        Section 20.  The Retailers' Occupation Tax Act is amended
 3    by changing Section 3 as follows:

 4        (35 ILCS 120/3) (from Ch. 120, par. 442)
 5        Sec. 3.  Except as provided in this Section, on or before
 6    the  twentieth  day  of  each  calendar  month,  every person
 7    engaged in the business of selling tangible personal property
 8    at retail in this State during the preceding  calendar  month
 9    shall file a return with the Department, stating:
10             1.  The name of the seller;
11             2.  His  residence  address  and  the address of his
12        principal place  of  business  and  the  address  of  the
13        principal  place  of  business  (if  that  is a different
14        address) from which he engages in the business of selling
15        tangible personal property at retail in this State;
16             3.  Total amount of receipts received by him  during
17        the  preceding calendar month or quarter, as the case may
18        be, from sales of tangible personal  property,  and  from
19        services furnished, by him during such preceding calendar
20        month or quarter;
21             4.  Total   amount   received   by  him  during  the
22        preceding calendar month or quarter on  charge  and  time
23        sales  of  tangible  personal property, and from services
24        furnished, by him prior to the month or quarter for which
25        the return is filed;
26             5.  Deductions allowed by law;
27             6.  Gross receipts which were received by him during
28        the preceding calendar month  or  quarter  and  upon  the
29        basis of which the tax is imposed;
30             7.  The  amount  of credit provided in Section 2d of
31        this Act;
32             8.  The amount of tax due;
 
                            -44-     LRB093 03850 SJM 03885 b
 1             9.  The signature of the taxpayer; and
 2             10.  Such  other  reasonable  information   as   the
 3        Department may require.
 4        If a taxpayer fails to sign a return within 30 days after
 5    the proper notice and demand for signature by the Department,
 6    the  return shall be considered valid and any amount shown to
 7    be due on the return shall be deemed assessed.
 8        Each return shall be  accompanied  by  the  statement  of
 9    prepaid tax issued pursuant to Section 2e for which credit is
10    claimed.
11        A  retailer  may  accept a Manufacturer's Purchase Credit
12    certification from a purchaser in satisfaction of Use Tax  as
13    provided  in Section 3-85 of the Use Tax Act if the purchaser
14    provides the appropriate documentation as required by Section
15    3-85 of the Use Tax Act.  A  Manufacturer's  Purchase  Credit
16    certification,  accepted by a retailer as provided in Section
17    3-85 of the Use Tax Act, may be  used  by  that  retailer  to
18    satisfy  Retailers'  Occupation  Tax  liability in the amount
19    claimed in the certification, not  to  exceed  6.25%  of  the
20    receipts subject to tax from a qualifying purchase.
21        The  Department  may  require  returns  to  be filed on a
22    quarterly basis.  If so required, a return for each  calendar
23    quarter  shall be filed on or before the twentieth day of the
24    calendar month following the end of  such  calendar  quarter.
25    The taxpayer shall also file a return with the Department for
26    each  of the first two months of each calendar quarter, on or
27    before the twentieth day of  the  following  calendar  month,
28    stating:
29             1.  The name of the seller;
30             2.  The  address  of the principal place of business
31        from which he engages in the business of selling tangible
32        personal property at retail in this State;
33             3.  The total amount of taxable receipts received by
34        him during the preceding calendar  month  from  sales  of
 
                            -45-     LRB093 03850 SJM 03885 b
 1        tangible  personal  property by him during such preceding
 2        calendar month, including receipts from charge  and  time
 3        sales, but less all deductions allowed by law;
 4             4.  The  amount  of credit provided in Section 2d of
 5        this Act;
 6             5.  The amount of tax due; and
 7             6.  Such  other  reasonable   information   as   the
 8        Department may require.
 9        If  a total amount of less than $1 is payable, refundable
10    or creditable, such amount shall be disregarded if it is less
11    than 50 cents and shall be increased to $1 if it is 50  cents
12    or more.
13        Beginning  October 1, 1993, a taxpayer who has an average
14    monthly tax liability of $150,000  or  more  shall  make  all
15    payments  required  by  rules of the Department by electronic
16    funds transfer.  Beginning October 1, 1994,  a  taxpayer  who
17    has  an  average  monthly  tax  liability of $100,000 or more
18    shall make all payments required by rules of  the  Department
19    by  electronic  funds transfer.  Beginning October 1, 1995, a
20    taxpayer who has an average monthly tax liability of  $50,000
21    or  more  shall  make  all  payments required by rules of the
22    Department by electronic funds transfer.   Beginning  October
23    1,  2000,  a  taxpayer  who  has  an  annual tax liability of
24    $200,000 or more shall make all payments required by rules of
25    the  Department  by  electronic  funds  transfer.   The  term
26    "annual tax liability" shall be the  sum  of  the  taxpayer's
27    liabilities  under  this  Act,  and under all other State and
28    local  occupation  and  use  tax  laws  administered  by  the
29    Department, for the immediately preceding calendar year.  The
30    term  "average monthly tax liability" shall be the sum of the
31    taxpayer's liabilities under this Act, and  under  all  other
32    State  and  local occupation and use tax laws administered by
33    the Department, for the immediately preceding  calendar  year
34    divided  by  12. Beginning on October 1, 2002, a taxpayer who
 
                            -46-     LRB093 03850 SJM 03885 b
 1    has a tax liability in the amount set forth in subsection (b)
 2    of Section 2505-210 of the Department of  Revenue  Law  shall
 3    make  all  payments  required  by  rules of the Department by
 4    electronic funds transfer.
 5        Before August 1 of  each  year  beginning  in  1993,  the
 6    Department  shall  notify  all  taxpayers  required  to  make
 7    payments   by   electronic  funds  transfer.   All  taxpayers
 8    required to make payments by electronic funds transfer  shall
 9    make  those  payments  for a minimum of one year beginning on
10    October 1.
11        Any taxpayer not required to make payments by  electronic
12    funds transfer may make payments by electronic funds transfer
13    with the permission of the Department.
14        All  taxpayers  required  to  make  payment by electronic
15    funds transfer and any taxpayers  authorized  to  voluntarily
16    make  payments  by electronic funds transfer shall make those
17    payments in the manner authorized by the Department.
18        The Department shall adopt such rules as are necessary to
19    effectuate a program of electronic  funds  transfer  and  the
20    requirements of this Section.
21        Any  amount  which is required to be shown or reported on
22    any return or other document under this Act  shall,  if  such
23    amount  is  not  a  whole-dollar  amount, be increased to the
24    nearest whole-dollar amount in any case where the  fractional
25    part  of  a  dollar is 50 cents or more, and decreased to the
26    nearest whole-dollar amount where the fractional  part  of  a
27    dollar is less than 50 cents.
28        If  the  retailer is otherwise required to file a monthly
29    return and if the retailer's average monthly tax liability to
30    the Department does  not  exceed  $200,  the  Department  may
31    authorize  his returns to be filed on a quarter annual basis,
32    with the return for January, February and March  of  a  given
33    year  being due by April 20 of such year; with the return for
34    April, May and June of a given year being due by July  20  of
 
                            -47-     LRB093 03850 SJM 03885 b
 1    such  year; with the return for July, August and September of
 2    a given year being due by October 20 of such year,  and  with
 3    the return for October, November and December of a given year
 4    being due by January 20 of the following year.
 5        If  the  retailer is otherwise required to file a monthly
 6    or quarterly return and if the retailer's average monthly tax
 7    liability with  the  Department  does  not  exceed  $50,  the
 8    Department may authorize his returns to be filed on an annual
 9    basis,  with the return for a given year being due by January
10    20 of the following year.
11        Such quarter annual and annual returns, as  to  form  and
12    substance,  shall  be  subject  to  the  same requirements as
13    monthly returns.
14        Notwithstanding  any  other   provision   in   this   Act
15    concerning  the  time  within  which  a retailer may file his
16    return, in the case of any retailer who ceases to engage in a
17    kind of business  which  makes  him  responsible  for  filing
18    returns  under  this  Act,  such  retailer shall file a final
19    return under this Act with the Department not more  than  one
20    month after discontinuing such business.
21        Where   the  same  person  has  more  than  one  business
22    registered with the Department under  separate  registrations
23    under  this Act, such person may not file each return that is
24    due  as  a  single  return  covering  all   such   registered
25    businesses,  but  shall  file  separate returns for each such
26    registered business.
27        In addition, with respect to motor vehicles,  watercraft,
28    aircraft,  and  trailers  that  are required to be registered
29    with an agency of this State,  every  retailer  selling  this
30    kind  of  tangible  personal  property  shall  file, with the
31    Department, upon a form to be prescribed and supplied by  the
32    Department,  a separate return for each such item of tangible
33    personal property which the retailer sells, except  that  if,
34    in   the  same  transaction,  (i)  a  retailer  of  aircraft,
 
                            -48-     LRB093 03850 SJM 03885 b
 1    watercraft, motor vehicles or trailers  transfers  more  than
 2    one aircraft, watercraft, motor vehicle or trailer to another
 3    aircraft,  watercraft,  motor  vehicle  retailer  or  trailer
 4    retailer  for  the  purpose  of  resale or (ii) a retailer of
 5    aircraft, watercraft, motor vehicles, or  trailers  transfers
 6    more than one aircraft, watercraft, motor vehicle, or trailer
 7    to  a  purchaser  for  use  as  a qualifying rolling stock as
 8    provided in Section 2-5 of this Act,  then  that  seller  may
 9    report  the  transfer  of  all  aircraft,  watercraft,  motor
10    vehicles  or  trailers  involved  in  that transaction to the
11    Department on the same uniform invoice-transaction  reporting
12    return  form.   For  purposes  of  this Section, "watercraft"
13    means a Class 2, Class 3, or Class 4 watercraft as defined in
14    Section 3-2 of  the  Boat  Registration  and  Safety  Act,  a
15    personal  watercraft,  or  any  boat equipped with an inboard
16    motor.
17        Any retailer who sells only motor  vehicles,  watercraft,
18    aircraft, or trailers that are required to be registered with
19    an  agency  of  this State, so that all retailers' occupation
20    tax liability is required to be reported, and is reported, on
21    such transaction reporting returns and who is  not  otherwise
22    required  to file monthly or quarterly returns, need not file
23    monthly or quarterly returns.  However, those retailers shall
24    be required to file returns on an annual basis.
25        The transaction reporting return, in the  case  of  motor
26    vehicles  or trailers that are required to be registered with
27    an agency of this State, shall be the same  document  as  the
28    Uniform  Invoice referred to in Section 5-402 of The Illinois
29    Vehicle Code and must  show  the  name  and  address  of  the
30    seller;  the name and address of the purchaser; the amount of
31    the  selling  price  including  the  amount  allowed  by  the
32    retailer for traded-in property, if any; the  amount  allowed
33    by the retailer for the traded-in tangible personal property,
34    if  any,  to the extent to which Section 1 of this Act allows
 
                            -49-     LRB093 03850 SJM 03885 b
 1    an exemption for the value of traded-in property; the balance
 2    payable after deducting  such  trade-in  allowance  from  the
 3    total  selling price; the amount of tax due from the retailer
 4    with respect to such transaction; the amount of tax collected
 5    from the purchaser by the retailer on  such  transaction  (or
 6    satisfactory  evidence  that  such  tax  is  not  due in that
 7    particular instance, if that is claimed to be the fact);  the
 8    place  and  date  of the sale; a sufficient identification of
 9    the property sold; such other information as is  required  in
10    Section  5-402  of  The Illinois Vehicle Code, and such other
11    information as the Department may reasonably require.
12        The  transaction  reporting  return  in   the   case   of
13    watercraft  or aircraft must show the name and address of the
14    seller; the name and address of the purchaser; the amount  of
15    the  selling  price  including  the  amount  allowed  by  the
16    retailer  for  traded-in property, if any; the amount allowed
17    by the retailer for the traded-in tangible personal property,
18    if any, to the extent to which Section 1 of this  Act  allows
19    an exemption for the value of traded-in property; the balance
20    payable  after  deducting  such  trade-in  allowance from the
21    total selling price; the amount of tax due from the  retailer
22    with respect to such transaction; the amount of tax collected
23    from  the  purchaser  by the retailer on such transaction (or
24    satisfactory evidence that  such  tax  is  not  due  in  that
25    particular  instance, if that is claimed to be the fact); the
26    place and date of the sale, a  sufficient  identification  of
27    the   property  sold,  and  such  other  information  as  the
28    Department may reasonably require.
29        Such transaction reporting  return  shall  be  filed  not
30    later than 20 days after the day of delivery of the item that
31    is  being  sold, but may be filed by the retailer at any time
32    sooner than that if he chooses to  do  so.   The  transaction
33    reporting  return  and  tax  remittance or proof of exemption
34    from  the  Illinois  use  tax  may  be  transmitted  to   the
 
                            -50-     LRB093 03850 SJM 03885 b
 1    Department  by  way  of the State agency with which, or State
 2    officer with whom the  tangible  personal  property  must  be
 3    titled or registered (if titling or registration is required)
 4    if  the Department and such agency or State officer determine
 5    that  this  procedure  will  expedite   the   processing   of
 6    applications for title or registration.
 7        With each such transaction reporting return, the retailer
 8    shall  remit  the  proper  amount of tax due (or shall submit
 9    satisfactory evidence that the sale is not taxable if that is
10    the case), to the Department or  its  agents,  whereupon  the
11    Department  shall  issue,  in the purchaser's name, a use tax
12    receipt (or a certificate of exemption if the  Department  is
13    satisfied  that the particular sale is tax exempt) which such
14    purchaser may submit to  the  agency  with  which,  or  State
15    officer  with  whom,  he  must title or register the tangible
16    personal  property  that   is   involved   (if   titling   or
17    registration  is  required)  in  support  of such purchaser's
18    application for an Illinois certificate or other evidence  of
19    title or registration to such tangible personal property.
20        No  retailer's failure or refusal to remit tax under this
21    Act precludes a user, who has paid  the  proper  tax  to  the
22    retailer,  from  obtaining  his certificate of title or other
23    evidence of title or registration (if titling or registration
24    is required) upon satisfying the Department  that  such  user
25    has paid the proper tax (if tax is due) to the retailer.  The
26    Department  shall  adopt  appropriate  rules to carry out the
27    mandate of this paragraph.
28        If the user who would otherwise pay tax to  the  retailer
29    wants  the transaction reporting return filed and the payment
30    of the tax or proof  of  exemption  made  to  the  Department
31    before the retailer is willing to take these actions and such
32    user  has  not  paid  the  tax to the retailer, such user may
33    certify to the fact of such delay by  the  retailer  and  may
34    (upon  the  Department  being  satisfied of the truth of such
 
                            -51-     LRB093 03850 SJM 03885 b
 1    certification)  transmit  the  information  required  by  the
 2    transaction reporting return and the remittance  for  tax  or
 3    proof  of exemption directly to the Department and obtain his
 4    tax receipt or exemption determination, in  which  event  the
 5    transaction  reporting  return  and  tax remittance (if a tax
 6    payment was required) shall be credited by the Department  to
 7    the  proper  retailer's  account  with  the  Department,  but
 8    without  the  2.1%  or  1.75%  discount  provided for in this
 9    Section being allowed.  When the user pays the  tax  directly
10    to  the  Department,  he shall pay the tax in the same amount
11    and in the same form in which it would be remitted if the tax
12    had been remitted to the Department by the retailer.
13        Refunds made by the seller during  the  preceding  return
14    period   to  purchasers,  on  account  of  tangible  personal
15    property returned to  the  seller,  shall  be  allowed  as  a
16    deduction  under  subdivision  5  of his monthly or quarterly
17    return,  as  the  case  may  be,  in  case  the  seller   had
18    theretofore  included  the  receipts  from  the  sale of such
19    tangible personal property in a return filed by him  and  had
20    paid  the  tax  imposed  by  this  Act  with  respect to such
21    receipts.
22        Where the seller is a corporation, the  return  filed  on
23    behalf  of such corporation shall be signed by the president,
24    vice-president, secretary or treasurer  or  by  the  properly
25    accredited agent of such corporation.
26        Where  the  seller  is  a  limited liability company, the
27    return filed on behalf of the limited liability company shall
28    be signed by a manager, member, or properly accredited  agent
29    of the limited liability company.
30        Except  as  provided in this Section, the retailer filing
31    the return under this Section shall, at the  time  of  filing
32    such  return, pay to the Department the amount of tax imposed
33    by this Act less a discount of 2.1% prior to January 1,  1990
34    and  1.75%  on  and after January 1, 1990, or $5 per calendar
 
                            -52-     LRB093 03850 SJM 03885 b
 1    year, whichever is greater, which is allowed to reimburse the
 2    retailer  for  the  expenses  incurred  in  keeping  records,
 3    preparing and filing returns, remitting the tax and supplying
 4    data to the  Department  on  request.   Any  prepayment  made
 5    pursuant  to  Section 2d of this Act shall be included in the
 6    amount on which such 2.1% or 1.75% discount is computed.   In
 7    the  case  of  retailers  who  report  and  pay  the tax on a
 8    transaction  by  transaction  basis,  as  provided  in   this
 9    Section,  such  discount  shall  be  taken with each such tax
10    remittance instead of when such retailer files  his  periodic
11    return. Beginning on January 1, 2004 and through December 31,
12    2008,  a  retailer or serviceman is allowed to take the 1.75%
13    or $5 discount, as appropriate, for the first  $1,000,000  in
14    taxes collected in the aggregate in a calendar year under the
15    Use  Tax Act, the Service Use Tax Act, the Service Occupation
16    Tax Act, and the Retailers' Occupation Tax Act.  No  discount
17    may  be  taken  during  that period for taxes collected above
18    $1,000,000 in the aggregate in a calendar  year  under  these
19    Acts.
20        Before October 1, 2000, if the taxpayer's average monthly
21    tax  liability  to the Department under this Act, the Use Tax
22    Act, the Service Occupation Tax Act, and the Service Use  Tax
23    Act,  excluding  any  liability  for  prepaid sales tax to be
24    remitted in accordance with  Section  2d  of  this  Act,  was
25    $10,000  or  more  during  the  preceding 4 complete calendar
26    quarters, he shall file a return  with  the  Department  each
27    month  by  the 20th day of the month next following the month
28    during which such tax liability is incurred  and  shall  make
29    payments  to  the Department on or before the 7th, 15th, 22nd
30    and last day of the month  during  which  such  liability  is
31    incurred.  On  and  after  October 1, 2000, if the taxpayer's
32    average monthly tax liability to the  Department  under  this
33    Act, the Use Tax Act, the Service Occupation Tax Act, and the
34    Service  Use  Tax  Act,  excluding  any liability for prepaid
 
                            -53-     LRB093 03850 SJM 03885 b
 1    sales tax to be remitted in accordance  with  Section  2d  of
 2    this Act, was $20,000 or more during the preceding 4 complete
 3    calendar quarters, he shall file a return with the Department
 4    each  month  by  the 20th day of the month next following the
 5    month during which such tax liability is incurred  and  shall
 6    make  payment  to  the Department on or before the 7th, 15th,
 7    22nd and last day of the month during which such liability is
 8    incurred.  If the month during which such  tax  liability  is
 9    incurred  began  prior to January 1, 1985, each payment shall
10    be in an  amount  equal  to  1/4  of  the  taxpayer's  actual
11    liability  for  the  month or an amount set by the Department
12    not to exceed 1/4 of the average  monthly  liability  of  the
13    taxpayer  to  the  Department  for  the  preceding 4 complete
14    calendar quarters (excluding the month of  highest  liability
15    and  the month of lowest liability in such 4 quarter period).
16    If the month during which  such  tax  liability  is  incurred
17    begins  on  or  after January 1, 1985 and prior to January 1,
18    1987, each payment shall be in an amount equal  to  22.5%  of
19    the taxpayer's actual liability for the month or 27.5% of the
20    taxpayer's  liability  for  the  same  calendar  month of the
21    preceding year.  If the month during which such tax liability
22    is incurred begins on or after January 1, 1987 and  prior  to
23    January  1, 1988, each payment shall be in an amount equal to
24    22.5% of the taxpayer's actual liability  for  the  month  or
25    26.25%  of  the  taxpayer's  liability  for the same calendar
26    month of the preceding year.  If the month during which  such
27    tax liability is incurred begins on or after January 1, 1988,
28    and  prior  to January 1, 1989, or begins on or after January
29    1, 1996, each payment shall be in an amount equal to 22.5% of
30    the taxpayer's actual liability for the month or 25%  of  the
31    taxpayer's  liability  for  the  same  calendar  month of the
32    preceding year. If the month during which such tax  liability
33    is  incurred begins on or after January 1, 1989, and prior to
34    January 1, 1996, each payment shall be in an amount equal  to
 
                            -54-     LRB093 03850 SJM 03885 b
 1    22.5% of the taxpayer's actual liability for the month or 25%
 2    of  the  taxpayer's  liability for the same calendar month of
 3    the preceding year or 100% of the taxpayer's actual liability
 4    for the quarter monthly reporting period.  The amount of such
 5    quarter monthly payments shall be credited against the  final
 6    tax  liability  of  the  taxpayer's  return  for  that month.
 7    Before October 1, 2000, once applicable, the  requirement  of
 8    the  making  of quarter monthly payments to the Department by
 9    taxpayers having an average monthly tax liability of  $10,000
10    or  more  as  determined  in  the manner provided above shall
11    continue until such taxpayer's average monthly  liability  to
12    the  Department  during  the  preceding  4  complete calendar
13    quarters (excluding the month of highest  liability  and  the
14    month of lowest liability) is less than $9,000, or until such
15    taxpayer's  average  monthly  liability  to the Department as
16    computed  for  each  calendar  quarter  of  the  4  preceding
17    complete  calendar  quarter  period  is  less  than  $10,000.
18    However, if  a  taxpayer  can  show  the  Department  that  a
19    substantial  change  in  the taxpayer's business has occurred
20    which causes the taxpayer  to  anticipate  that  his  average
21    monthly  tax  liability for the reasonably foreseeable future
22    will fall below the $10,000 threshold stated above, then such
23    taxpayer may petition the Department for  a  change  in  such
24    taxpayer's  reporting  status.  On and after October 1, 2000,
25    once applicable, the requirement of  the  making  of  quarter
26    monthly  payments  to  the  Department by taxpayers having an
27    average  monthly  tax  liability  of  $20,000  or   more   as
28    determined  in the manner provided above shall continue until
29    such taxpayer's average monthly liability to  the  Department
30    during  the preceding 4 complete calendar quarters (excluding
31    the month of  highest  liability  and  the  month  of  lowest
32    liability)  is  less  than  $19,000  or until such taxpayer's
33    average monthly liability to the Department as  computed  for
34    each  calendar  quarter  of the 4 preceding complete calendar
 
                            -55-     LRB093 03850 SJM 03885 b
 1    quarter period is less than $20,000.  However, if a  taxpayer
 2    can  show  the  Department  that  a substantial change in the
 3    taxpayer's business has occurred which causes the taxpayer to
 4    anticipate that his average monthly  tax  liability  for  the
 5    reasonably  foreseeable  future  will  fall below the $20,000
 6    threshold stated above, then such taxpayer may  petition  the
 7    Department  for a change in such taxpayer's reporting status.
 8    The Department shall change such taxpayer's reporting  status
 9    unless  it  finds  that such change is seasonal in nature and
10    not likely to be long term.   If  any  such  quarter  monthly
11    payment  is not paid at the time or in the amount required by
12    this Section, then the taxpayer shall be liable for penalties
13    and interest on the difference between the minimum amount due
14    as a payment and the amount of such quarter  monthly  payment
15    actually  and timely paid, except insofar as the taxpayer has
16    previously made payments for that month to the Department  in
17    excess  of the minimum payments previously due as provided in
18    this Section. The Department shall make reasonable rules  and
19    regulations  to govern the quarter monthly payment amount and
20    quarter monthly payment dates for taxpayers who file on other
21    than a calendar monthly basis.
22        The provisions of this paragraph apply before October  1,
23    2001.  Without  regard  to  whether a taxpayer is required to
24    make  quarter  monthly  payments  as  specified  above,   any
25    taxpayer who is required by Section 2d of this Act to collect
26    and remit prepaid taxes and has collected prepaid taxes which
27    average in excess of $25,000 per month during the preceding 2
28    complete  calendar  quarters,  shall  file  a return with the
29    Department as required by Section 2f and shall make  payments
30    to  the  Department on or before the 7th, 15th, 22nd and last
31    day of the month during which such liability is incurred.  If
32    the month during which such tax liability is  incurred  began
33    prior  to  the effective date of this amendatory Act of 1985,
34    each payment shall be in an amount not less than 22.5% of the
 
                            -56-     LRB093 03850 SJM 03885 b
 1    taxpayer's actual liability under Section 2d.  If  the  month
 2    during  which  such  tax  liability  is incurred begins on or
 3    after January 1, 1986, each payment shall  be  in  an  amount
 4    equal  to  22.5%  of  the taxpayer's actual liability for the
 5    month or 27.5% of  the  taxpayer's  liability  for  the  same
 6    calendar  month of the preceding calendar year.  If the month
 7    during which such tax liability  is  incurred  begins  on  or
 8    after  January  1,  1987,  each payment shall be in an amount
 9    equal to 22.5% of the taxpayer's  actual  liability  for  the
10    month  or  26.25%  of  the  taxpayer's liability for the same
11    calendar month of the preceding year.   The  amount  of  such
12    quarter  monthly payments shall be credited against the final
13    tax liability of the taxpayer's return for that  month  filed
14    under  this  Section or Section 2f, as the case may be.  Once
15    applicable, the requirement of the making of quarter  monthly
16    payments  to  the Department pursuant to this paragraph shall
17    continue until such taxpayer's average  monthly  prepaid  tax
18    collections during the preceding 2 complete calendar quarters
19    is  $25,000  or less.  If any such quarter monthly payment is
20    not paid at the time or in the amount required, the  taxpayer
21    shall   be   liable   for  penalties  and  interest  on  such
22    difference, except insofar as  the  taxpayer  has  previously
23    made  payments  for  that  month  in  excess  of  the minimum
24    payments previously due.
25        The provisions of  this  paragraph  apply  on  and  after
26    October  1,  2001.    Without regard to whether a taxpayer is
27    required to make quarter monthly payments as specified above,
28    any taxpayer who is required by Section 2d  of  this  Act  to
29    collect  and  remit  prepaid  taxes and has collected prepaid
30    taxes that average in excess of $20,000 per month during  the
31    preceding  4  complete  calendar quarters shall file a return
32    with the Department as required by Section 2f and shall  make
33    payments  to  the Department on or before the 7th, 15th, 22nd
34    and last day of the  month  during  which  the  liability  is
 
                            -57-     LRB093 03850 SJM 03885 b
 1    incurred.   Each payment shall be in an amount equal to 22.5%
 2    of the taxpayer's actual liability for the month  or  25%  of
 3    the  taxpayer's  liability for the same calendar month of the
 4    preceding year.  The amount of the quarter  monthly  payments
 5    shall  be  credited  against  the  final tax liability of the
 6    taxpayer's return for that month filed under this Section  or
 7    Section  2f,  as  the  case  may  be.   Once  applicable, the
 8    requirement of the making of quarter monthly payments to  the
 9    Department  pursuant  to  this paragraph shall continue until
10    the taxpayer's average monthly prepaid tax collections during
11    the preceding 4 complete  calendar  quarters  (excluding  the
12    month of highest liability and the month of lowest liability)
13    is less than $19,000 or until such taxpayer's average monthly
14    liability  to  the  Department  as computed for each calendar
15    quarter of the 4 preceding complete calendar quarters is less
16    than $20,000.  If any such quarter  monthly  payment  is  not
17    paid  at  the  time  or  in the amount required, the taxpayer
18    shall  be  liable  for  penalties  and   interest   on   such
19    difference,  except  insofar  as  the taxpayer has previously
20    made payments  for  that  month  in  excess  of  the  minimum
21    payments previously due.
22        If  any  payment provided for in this Section exceeds the
23    taxpayer's liabilities under this Act, the Use Tax  Act,  the
24    Service  Occupation  Tax  Act and the Service Use Tax Act, as
25    shown on an original monthly return, the Department shall, if
26    requested by the taxpayer, issue to  the  taxpayer  a  credit
27    memorandum  no  later than 30 days after the date of payment.
28    The  credit  evidenced  by  such  credit  memorandum  may  be
29    assigned by the taxpayer to a  similar  taxpayer  under  this
30    Act,  the  Use Tax Act, the Service Occupation Tax Act or the
31    Service Use Tax Act, in accordance with reasonable rules  and
32    regulations  to  be prescribed by the Department.  If no such
33    request is made, the taxpayer may credit such excess  payment
34    against  tax  liability  subsequently  to  be remitted to the
 
                            -58-     LRB093 03850 SJM 03885 b
 1    Department under this Act,  the  Use  Tax  Act,  the  Service
 2    Occupation  Tax Act or the Service Use Tax Act, in accordance
 3    with reasonable  rules  and  regulations  prescribed  by  the
 4    Department.   If  the Department subsequently determined that
 5    all or any part of the credit taken was not actually  due  to
 6    the taxpayer, the taxpayer's 2.1% and 1.75% vendor's discount
 7    shall  be  reduced by 2.1% or 1.75% of the difference between
 8    the credit taken and that actually  due,  and  that  taxpayer
 9    shall   be   liable   for  penalties  and  interest  on  such
10    difference.
11        If a retailer of motor fuel is entitled to a credit under
12    Section 2d of this Act which exceeds the taxpayer's liability
13    to the Department under this Act  for  the  month  which  the
14    taxpayer  is  filing a return, the Department shall issue the
15    taxpayer a credit memorandum for the excess.
16        Beginning January 1,  1990,  each  month  the  Department
17    shall  pay into the Local Government Tax Fund, a special fund
18    in the State  treasury  which  is  hereby  created,  the  net
19    revenue  realized  for the preceding month from the 1% tax on
20    sales of food for human consumption which is to  be  consumed
21    off  the  premises  where  it  is  sold (other than alcoholic
22    beverages, soft drinks and food which has been  prepared  for
23    immediate  consumption)  and prescription and nonprescription
24    medicines,  drugs,  medical  appliances  and  insulin,  urine
25    testing materials, syringes and needles used by diabetics.
26        Beginning January 1,  1990,  each  month  the  Department
27    shall  pay  into the County and Mass Transit District Fund, a
28    special fund in the State treasury which is  hereby  created,
29    4%  of  the net revenue realized for the preceding month from
30    the 6.25% general rate.
31        Beginning August 1, 2000, each month the Department shall
32    pay into the County and Mass Transit District Fund 20% of the
33    net revenue realized for the preceding month from  the  1.25%
34    rate on the selling price of motor fuel and gasohol.
 
                            -59-     LRB093 03850 SJM 03885 b
 1        Beginning  January  1,  1990,  each  month the Department
 2    shall pay into the Local Government Tax Fund 16% of  the  net
 3    revenue  realized  for  the  preceding  month  from the 6.25%
 4    general rate  on  the  selling  price  of  tangible  personal
 5    property.
 6        Beginning August 1, 2000, each month the Department shall
 7    pay into the Local Government Tax Fund 80% of the net revenue
 8    realized  for  the preceding month from the 1.25% rate on the
 9    selling price of motor fuel and gasohol.
10        Of the remainder of the moneys received by the Department
11    pursuant to this Act, (a) 1.75% thereof shall  be  paid  into
12    the  Build  Illinois Fund and (b) prior to July 1, 1989, 2.2%
13    and on and after July 1, 1989, 3.8%  thereof  shall  be  paid
14    into  the  Build Illinois Fund; provided, however, that if in
15    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
16    as the case may be, of the moneys received by the  Department
17    and required to be paid into the Build Illinois Fund pursuant
18    to  this  Act, Section 9 of the Use Tax Act, Section 9 of the
19    Service Use Tax Act, and Section 9 of the Service  Occupation
20    Tax  Act,  such  Acts being hereinafter called the "Tax Acts"
21    and such aggregate of 2.2% or 3.8%, as the case  may  be,  of
22    moneys being hereinafter called the "Tax Act Amount", and (2)
23    the  amount  transferred  to the Build Illinois Fund from the
24    State and Local Sales Tax Reform Fund shall be less than  the
25    Annual  Specified  Amount (as hereinafter defined), an amount
26    equal to the difference shall be immediately  paid  into  the
27    Build  Illinois  Fund  from  other  moneys  received  by  the
28    Department  pursuant  to  the Tax Acts; the "Annual Specified
29    Amount" means the amounts specified below  for  fiscal  years
30    1986 through 1993:
31             Fiscal Year              Annual Specified Amount
32                 1986                       $54,800,000
33                 1987                       $76,650,000
34                 1988                       $80,480,000
 
                            -60-     LRB093 03850 SJM 03885 b
 1                 1989                       $88,510,000
 2                 1990                       $115,330,000
 3                 1991                       $145,470,000
 4                 1992                       $182,730,000
 5                 1993                      $206,520,000;
 6    and  means  the Certified Annual Debt Service Requirement (as
 7    defined in Section 13 of the Build Illinois Bond Act) or  the
 8    Tax  Act  Amount,  whichever is greater, for fiscal year 1994
 9    and each fiscal year thereafter; and further  provided,  that
10    if  on  the last business day of any month the sum of (1) the
11    Tax Act Amount  required  to  be  deposited  into  the  Build
12    Illinois  Bond Account in the Build Illinois Fund during such
13    month and (2) the amount transferred to  the  Build  Illinois
14    Fund  from  the  State  and Local Sales Tax Reform Fund shall
15    have been less than 1/12 of the Annual Specified  Amount,  an
16    amount equal to the difference shall be immediately paid into
17    the  Build  Illinois  Fund  from other moneys received by the
18    Department pursuant to the Tax Acts; and,  further  provided,
19    that  in  no  event  shall  the  payments  required under the
20    preceding proviso result in aggregate payments into the Build
21    Illinois Fund pursuant to this clause (b) for any fiscal year
22    in excess of the greater of (i) the Tax Act  Amount  or  (ii)
23    the  Annual  Specified  Amount  for  such  fiscal  year.  The
24    amounts payable into the Build Illinois Fund under clause (b)
25    of the first sentence in this paragraph shall be payable only
26    until such time as the aggregate amount on deposit under each
27    trust  indenture  securing  Bonds  issued   and   outstanding
28    pursuant to the Build Illinois Bond Act is sufficient, taking
29    into  account any future investment income, to fully provide,
30    in accordance with such indenture, for the defeasance  of  or
31    the  payment  of  the  principal  of,  premium,  if  any, and
32    interest on the Bonds secured by such indenture  and  on  any
33    Bonds expected to be issued thereafter and all fees and costs
34    payable  with  respect  thereto,  all  as  certified  by  the
 
                            -61-     LRB093 03850 SJM 03885 b
 1    Director  of  the  Bureau  of  the  Budget.   If  on the last
 2    business day of any month  in  which  Bonds  are  outstanding
 3    pursuant  to  the  Build  Illinois Bond Act, the aggregate of
 4    moneys deposited in the Build Illinois Bond  Account  in  the
 5    Build  Illinois  Fund  in  such  month shall be less than the
 6    amount required to be transferred  in  such  month  from  the
 7    Build  Illinois  Bond  Account  to  the  Build  Illinois Bond
 8    Retirement and Interest Fund pursuant to Section  13  of  the
 9    Build  Illinois  Bond Act, an amount equal to such deficiency
10    shall be immediately paid from other moneys received  by  the
11    Department  pursuant  to  the  Tax Acts to the Build Illinois
12    Fund; provided, however, that any amounts paid to  the  Build
13    Illinois  Fund  in  any fiscal year pursuant to this sentence
14    shall be deemed to constitute payments pursuant to clause (b)
15    of the first sentence of this paragraph and shall reduce  the
16    amount  otherwise  payable  for  such fiscal year pursuant to
17    that clause (b).   The  moneys  received  by  the  Department
18    pursuant  to  this  Act and required to be deposited into the
19    Build Illinois Fund are subject  to  the  pledge,  claim  and
20    charge  set  forth  in  Section 12 of the Build Illinois Bond
21    Act.
22        Subject to payment of amounts  into  the  Build  Illinois
23    Fund  as  provided  in  the  preceding  paragraph  or  in any
24    amendment thereto hereafter enacted, the following  specified
25    monthly   installment   of   the   amount  requested  in  the
26    certificate of the Chairman  of  the  Metropolitan  Pier  and
27    Exposition  Authority  provided  under  Section  8.25f of the
28    State Finance Act, but not in excess of  sums  designated  as
29    "Total  Deposit",  shall  be  deposited in the aggregate from
30    collections under Section 9 of the Use Tax Act, Section 9  of
31    the  Service Use Tax Act, Section 9 of the Service Occupation
32    Tax Act, and Section 3 of the Retailers' Occupation  Tax  Act
33    into  the  McCormick  Place  Expansion  Project  Fund  in the
34    specified fiscal years.
 
                            -62-     LRB093 03850 SJM 03885 b
 1               Fiscal Year                           Total Deposit
 2                   1993                                        $0
 3                   1994                                53,000,000
 4                   1995                                58,000,000
 5                   1996                                61,000,000
 6                   1997                                64,000,000
 7                   1998                                68,000,000
 8                   1999                                71,000,000
 9                   2000                                75,000,000
10                   2001                                80,000,000
11                   2002                                93,000,000
12                   2003                                99,000,000
13                   2004                               103,000,000
14                   2005                               108,000,000
15                   2006                               113,000,000
16                   2007                               119,000,000
17                   2008                               126,000,000
18                   2009                               132,000,000
19                   2010                               139,000,000
20                   2011                               146,000,000
21                   2012                               153,000,000
22                   2013                               161,000,000
23                   2014                               170,000,000
24                   2015                               179,000,000
25                   2016                               189,000,000
26                   2017                               199,000,000
27                   2018                               210,000,000
28                   2019                               221,000,000
29                   2020                               233,000,000
30                   2021                               246,000,000
31                   2022                               260,000,000
32                 2023 and                             275,000,000
33    each fiscal year
34    thereafter that bonds
 
                            -63-     LRB093 03850 SJM 03885 b
 1    are outstanding under
 2    Section 13.2 of the
 3    Metropolitan Pier and
 4    Exposition Authority
 5    Act, but not after fiscal year 2042.
 6        Beginning July 20, 1993 and in each month of each  fiscal
 7    year  thereafter,  one-eighth  of the amount requested in the
 8    certificate of the Chairman  of  the  Metropolitan  Pier  and
 9    Exposition  Authority  for  that fiscal year, less the amount
10    deposited into the McCormick Place Expansion Project Fund  by
11    the  State Treasurer in the respective month under subsection
12    (g) of Section 13 of the  Metropolitan  Pier  and  Exposition
13    Authority  Act,  plus cumulative deficiencies in the deposits
14    required under this Section for previous  months  and  years,
15    shall be deposited into the McCormick Place Expansion Project
16    Fund,  until  the  full amount requested for the fiscal year,
17    but not in excess of the amount  specified  above  as  "Total
18    Deposit", has been deposited.
19        Subject  to  payment  of  amounts into the Build Illinois
20    Fund and the McCormick Place Expansion Project Fund  pursuant
21    to  the  preceding  paragraphs  or  in any amendments thereto
22    hereafter enacted, beginning July  1,  1993,  the  Department
23    shall  each  month  pay  into the Illinois Tax Increment Fund
24    0.27% of 80% of the net revenue realized  for  the  preceding
25    month  from  the  6.25%  general rate on the selling price of
26    tangible personal property.
27        Subject to payment of amounts  into  the  Build  Illinois
28    Fund  and the McCormick Place Expansion Project Fund pursuant
29    to the preceding paragraphs  or  in  any  amendments  thereto
30    hereafter  enacted,  beginning  with the receipt of the first
31    report of taxes paid by an eligible business  and  continuing
32    for  a  25-year  period,  the Department shall each month pay
33    into the Energy Infrastructure Fund 80% of  the  net  revenue
34    realized  from the 6.25% general rate on the selling price of
 
                            -64-     LRB093 03850 SJM 03885 b
 1    Illinois-mined coal that was sold to  an  eligible  business.
 2    For  purposes of this paragraph, the term "eligible business"
 3    means a new electric generating facility  certified  pursuant
 4    to   Section  605-332  of  the  Department  of  Commerce  and
 5    Community Affairs Law of the  Civil  Administrative  Code  of
 6    Illinois.
 7        Of the remainder of the moneys received by the Department
 8    pursuant  to  this  Act,  75%  thereof shall be paid into the
 9    State Treasury and 25% shall be reserved in a special account
10    and used only for the transfer to the Common School  Fund  as
11    part of the monthly transfer from the General Revenue Fund in
12    accordance with Section 8a of the State Finance Act.
13        The  Department  may,  upon  separate written notice to a
14    taxpayer, require the taxpayer to prepare and file  with  the
15    Department  on a form prescribed by the Department within not
16    less than 60 days after  receipt  of  the  notice  an  annual
17    information  return for the tax year specified in the notice.
18    Such  annual  return  to  the  Department  shall  include   a
19    statement  of  gross receipts as shown by the retailer's last
20    Federal income tax return.  If  the  total  receipts  of  the
21    business  as reported in the Federal income tax return do not
22    agree with the gross receipts reported to the  Department  of
23    Revenue for the same period, the retailer shall attach to his
24    annual  return  a  schedule showing a reconciliation of the 2
25    amounts and the reasons for the difference.   The  retailer's
26    annual  return to the Department shall also disclose the cost
27    of goods sold by the retailer during the year covered by such
28    return, opening and closing inventories  of  such  goods  for
29    such year, costs of goods used from stock or taken from stock
30    and  given  away  by  the  retailer during such year, payroll
31    information of the retailer's business during such  year  and
32    any  additional  reasonable  information which the Department
33    deems would be helpful in determining  the  accuracy  of  the
34    monthly,  quarterly  or annual returns filed by such retailer
 
                            -65-     LRB093 03850 SJM 03885 b
 1    as provided for in this Section.
 2        If the annual information return required by this Section
 3    is not filed when and as  required,  the  taxpayer  shall  be
 4    liable as follows:
 5             (i)  Until  January  1,  1994, the taxpayer shall be
 6        liable for a penalty equal to 1/6 of 1% of  the  tax  due
 7        from such taxpayer under this Act during the period to be
 8        covered  by  the annual return for each month or fraction
 9        of a month until such return is filed  as  required,  the
10        penalty  to  be assessed and collected in the same manner
11        as any other penalty provided for in this Act.
12             (ii)  On and after January  1,  1994,  the  taxpayer
13        shall be liable for a penalty as described in Section 3-4
14        of the Uniform Penalty and Interest Act.
15        The chief executive officer, proprietor, owner or highest
16    ranking  manager  shall sign the annual return to certify the
17    accuracy of the information contained therein.    Any  person
18    who  willfully  signs  the  annual return containing false or
19    inaccurate  information  shall  be  guilty  of  perjury   and
20    punished  accordingly.   The annual return form prescribed by
21    the Department  shall  include  a  warning  that  the  person
22    signing the return may be liable for perjury.
23        The  provisions  of this Section concerning the filing of
24    an annual information return do not apply to a  retailer  who
25    is  not required to file an income tax return with the United
26    States Government.
27        As soon as possible after the first day  of  each  month,
28    upon   certification   of  the  Department  of  Revenue,  the
29    Comptroller shall order transferred and the  Treasurer  shall
30    transfer  from the General Revenue Fund to the Motor Fuel Tax
31    Fund an amount equal to  1.7%  of  80%  of  the  net  revenue
32    realized  under  this  Act  for  the  second preceding month.
33    Beginning April 1, 2000, this transfer is no longer  required
34    and shall not be made.
 
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 1        Net  revenue  realized  for  a month shall be the revenue
 2    collected by the State pursuant to this Act, less the  amount
 3    paid  out  during  that  month  as  refunds  to taxpayers for
 4    overpayment of liability.
 5        For greater simplicity of administration,  manufacturers,
 6    importers  and  wholesalers whose products are sold at retail
 7    in Illinois by numerous retailers, and who wish to do so, may
 8    assume the responsibility for accounting and  paying  to  the
 9    Department  all  tax  accruing under this Act with respect to
10    such sales, if the retailers who are  affected  do  not  make
11    written objection to the Department to this arrangement.
12        Any  person  who  promotes,  organizes,  provides  retail
13    selling  space  for concessionaires or other types of sellers
14    at the Illinois State Fair, DuQuoin State Fair, county fairs,
15    local fairs, art shows, flea markets and similar  exhibitions
16    or  events,  including  any  transient merchant as defined by
17    Section 2 of the Transient Merchant Act of 1987, is  required
18    to  file  a  report with the Department providing the name of
19    the merchant's business, the name of the  person  or  persons
20    engaged  in  merchant's  business,  the permanent address and
21    Illinois Retailers Occupation Tax Registration Number of  the
22    merchant,  the  dates  and  location  of  the event and other
23    reasonable information that the Department may require.   The
24    report must be filed not later than the 20th day of the month
25    next  following  the month during which the event with retail
26    sales was held.  Any  person  who  fails  to  file  a  report
27    required  by  this  Section commits a business offense and is
28    subject to a fine not to exceed $250.
29        Any person engaged in the business  of  selling  tangible
30    personal property at retail as a concessionaire or other type
31    of  seller  at  the  Illinois  State  Fair, county fairs, art
32    shows, flea markets and similar exhibitions or events, or any
33    transient merchants, as defined by Section 2 of the Transient
34    Merchant Act of 1987, may be required to make a daily  report
 
                            -67-     LRB093 03850 SJM 03885 b
 1    of  the  amount of such sales to the Department and to make a
 2    daily payment of the full amount of tax due.  The  Department
 3    shall  impose  this requirement when it finds that there is a
 4    significant risk of loss of revenue to the State at  such  an
 5    exhibition  or  event.   Such  a  finding  shall  be based on
 6    evidence that a  substantial  number  of  concessionaires  or
 7    other  sellers  who  are  not  residents  of Illinois will be
 8    engaging  in  the  business  of  selling  tangible   personal
 9    property  at  retail  at  the  exhibition  or event, or other
10    evidence of a significant risk of  loss  of  revenue  to  the
11    State.  The Department shall notify concessionaires and other
12    sellers  affected  by the imposition of this requirement.  In
13    the  absence  of  notification   by   the   Department,   the
14    concessionaires and other sellers shall file their returns as
15    otherwise required in this Section.
16    (Source: P.A.   91-37,  eff.  7-1-99;  91-51,  eff.  6-30-99;
17    91-101, eff. 7-12-99;  91-541,  eff.  8-13-99;  91-872,  eff.
18    7-1-00;  91-901, eff. 1-1-01; 92-12, eff. 7-1-01; 92-16, eff.
19    6-28-01; 92-208, eff. 8-2-01; 92-484, eff.  8-23-01;  92-492,
20    eff. 1-1-02; 92-600, eff. 6-28-02; 92-651, eff. 7-11-02.)

21        Section  99.  Effective date.  This Act takes effect upon
22    becoming law.