Illinois General Assembly - Bill Status for SB2300
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 Bill Status of SB2300  102nd General Assembly


Short Description:  REVENUE-FIREARMS DEALERS

Senate Sponsors
Sen. Ann Gillespie

Last Action
DateChamber Action
  4/16/2021SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
New Act
30 ILCS 105/5.935 new


Synopsis As Introduced
Creates the Assault Weapon Retailers' Tax Act. Imposes a tax on licensed firearm dealers engaged in the State in the business of making retail sales of assault weapons, large capacity ammunition feeding devices, or both. Provides that the tax shall be imposed at the rate of 10% of the retail selling price of each assault weapon or large capacity ammunition feeding device sold in the State. Provides that the proceeds from the tax shall be deposited into the Firearms Tax Fund. Provides that moneys in the Firearms Tax Fund shall be used to prevent gun violence in schools and State-owned buildings. Amends the State Finance Act to create the Firearms Tax Fund.

Actions 
DateChamber Action
  2/26/2021SenateFiled with Secretary by Sen. Ann Gillespie
  2/26/2021SenateFirst Reading
  2/26/2021SenateReferred to Assignments
  3/23/2021SenateAssigned to Executive
  3/24/2021SenateTo Executive- Firearms
  4/16/2021SenateRule 3-9(a) / Re-referred to Assignments

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