Synopsis As Introduced Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Extends the partial exemption from the taxes imposed by these Acts on gasohol to December 31, 2013 (now ends on July 1, 2003), gradually reducing the partial exemption to zero after December 31, 2013. Partially exempts E85 blend fuel and bio-diesel blend fuel in the same amount and according to the same schedule as gasohol. Provides that if, at any time, the tax under these Acts on gasohol, E85 blend fuel, and bio-diesel blend fuel is imposed at 1.25%, then the partial exemption of the tax on those items does not apply during that time. Effective immediately.
Fiscal Note (Illinois Department of Revenue)
Extending the reduction of sales tax on gasohol and implementing a reduction of sales tax on E85 blend fuel and bio-diesel fuel will result in decreased sales tax receipts of an undetermined amount.
Deletes everything after the enacting clause. Amends the Retailers' Occupation Tax Act. Makes a technical change in the short title Section.
Fiscal Note (H-AM 1) (Department of Revenue)
HB 46 will have no fiscal impact on the Department of Revenue or the State of Illinois.
Fiscal Note (Department of Revenue)
Because the incentive on gasohol will be slightly reduced, the Department of Revenue believes that this will cover the cost of the new incentives for other biomass fuels, which would make this legislation revenue neutral.
Deletes everything. Creates the Illinois Renewable Fuels Development Program Act. Provides that the Director of Commerce and Community Affairs shall establish a grant program known as the Illinois Renewable Fuels Development Program, which shall provide financial assistance for the construction, modification, alteration, or retrofitting of renewable fuel plants that have an annual production capacity of no less than 30,000,000 gallons of renewable fuel per year and that are built in Illinois. Provides that the Department must give preference to applicants that use Illinois agricultural products in the production of renewable fuel at the plant for which the grant is being requested. Provides that the recipient of a grant must enter into a project labor agreement. Provides that, subject to appropriation, the Director is authorized to award up to $15,000,000 in the aggregate in grants to eligible participants. Amends the Prevailing Wage Act. Provides that "public works" also includes all projects financed in whole or in part with funds from the Department of Commerce and Community Affairs under the Illinois Renewable Fuels Development Program Act for which there is no project labor agreement. Deletes from the definition of "public body" a requirement that the body be authorized by law to construct public works or to enter into any contract for the construction of public works. Provides that the wage for a tradesman performing maintenance is equivalent to that of a tradesman engaged in construction. Requires contractors and construction managers to post, at a location on the project site of the public works that is easily accessible to the workers engaged on the project, the prevailing wage rates for each craft or type of worker or mechanic needed to execute the contract or project or work to be performed. Provides that the failure to post a prevailing wage rate is a violation of the Act. Effective immediately.
Deletes everything. Reinserts the provisions of House Amendment No. 3, but (i) removes a provision that the Department of Commerce and Community Affairs must give preference to farmer-owned cooperatives in awarding grants and (ii) removes a provision that an additional $1,000,000 in grants shall be awarded annually as an incentive for the production of renewable fuels in Illinois and to conduct research and development activities related to renewable fuels production in Illinois. Effective immediately.