Illinois General Assembly - Bill Status for HB0498
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 Bill Status of HB0498  99th General Assembly

Short Description:  ROTA-BAD DEBT

House Sponsors
Rep. Anthony DeLuca, John Bradley, Barbara Flynn Currie, Dwight Kay, Arthur Turner, Ron Sandack, Ed Sullivan, Jaime M. Andrade, Jr., Robert Rita, Thaddeus Jones, Joe Sosnowski, Frank J. Mautino, Michael J. Zalewski, Carol Sente and Frances Ann Hurley

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 105/19from Ch. 120, par. 439.19
35 ILCS 115/12from Ch. 120, par. 439.112
35 ILCS 120/6d new
55 ILCS 5/5-1006from Ch. 34, par. 5-1006
55 ILCS 5/5-1006.5
55 ILCS 5/5-1006.7
65 ILCS 5/8-11-1from Ch. 24, par. 8-11-1
65 ILCS 5/8-11-1.3from Ch. 24, par. 8-11-1.3
65 ILCS 5/8-11-1.6
70 ILCS 750/25
70 ILCS 1605/30
70 ILCS 3610/5.01from Ch. 111 2/3, par. 355.01
70 ILCS 3615/4.03from Ch. 111 2/3, par. 704.03
70 ILCS 3720/4from Ch. 111 2/3, par. 254

Synopsis As Introduced
Amends the Retailers' Occupation Tax Act. Provides that a retailer is relieved from liability for any tax that becomes due and payable if the tax is represented by amounts that are found to be worthless or uncollectible, have been charged off in accordance with generally accepted accounting principles, and will be claimed as a deduction pursuant to Section 166 of the Internal Revenue Code. Provides for a deduction if the retailer had previously paid such a tax. Contains provisions concerning the payment of taxes on purchases made through a private-label credit card. Effective immediately.

DateChamber Action
  1/30/2015HouseFiled with the Clerk by Rep. Anthony DeLuca
  2/3/2015HouseFirst Reading
  2/3/2015HouseReferred to Rules Committee
  2/4/2015HouseAdded Co-Sponsor Rep. John Bradley
  2/4/2015HouseAdded Co-Sponsor Rep. Barbara Flynn Currie
  2/4/2015HouseAdded Co-Sponsor Rep. Dwight Kay
  2/4/2015HouseAdded Co-Sponsor Rep. Arthur Turner
  2/4/2015HouseAdded Co-Sponsor Rep. Ron Sandack
  2/4/2015HouseAdded Co-Sponsor Rep. Ed Sullivan
  2/4/2015HouseAdded Co-Sponsor Rep. Jaime M. Andrade, Jr.
  2/4/2015HouseAdded Co-Sponsor Rep. Robert Rita
  2/4/2015HouseAdded Co-Sponsor Rep. Thaddeus Jones
  2/4/2015HouseAdded Co-Sponsor Rep. Joe Sosnowski
  2/4/2015HouseAdded Co-Sponsor Rep. Frank J. Mautino
  2/4/2015HouseAdded Co-Sponsor Rep. Michael J. Zalewski
  2/4/2015HouseAdded Co-Sponsor Rep. Carol Sente
  2/6/2015HouseAdded Co-Sponsor Rep. Frances Ann Hurley
  2/17/2015HouseAssigned to Revenue & Finance Committee
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2017HouseSession Sine Die

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