Illinois General Assembly - Bill Status for SB1731
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 Bill Status of SB1731  102nd General Assembly


Short Description:  INS-CONTRACT PROVIDER-TAX

Senate Sponsors
Sen. William R. Haine

Last Action
DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 152/10
215 ILCS 152/15


Synopsis As Introduced
Amends the Service Contract Act. Includes in certain conditions that a service contract provider must meet in order to issue, sell, or offer to sell a service contract in this State a requirement that the service contract provider shall pay, for the privilege of doing business in this State, a tax equal to 0.5% of the gross consideration received. Provides that the tax shall be remitted to the Director of Insurance in accordance with the provisions of the Illinois Insurance Code concerning the annual privilege tax payable by companies and makes a corresponding change.

Actions 
DateChamber Action
  2/15/2013SenateFiled with Secretary by Sen. William R. Haine
  2/15/2013SenateFirst Reading
  2/15/2013SenateReferred to Assignments
  2/27/2013SenateAssigned to Insurance
  3/20/2013SenatePostponed - Insurance
  3/22/2013SenateRule 3-9(a) / Re-referred to Assignments
  1/13/2015SenateSession Sine Die

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