Illinois General Assembly - Full Text of HB3095
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Full Text of HB3095  101st General Assembly

HB3095 101ST GENERAL ASSEMBLY

  
  

 


 
101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB3095

 

Introduced , by Rep. Fred Crespo

 

SYNOPSIS AS INTRODUCED:
 
20 ILCS 2530/15

    Amends the Taxation Disclosure Act. Provides that each retailer that is required to collect and remit the tax imposed under the Retailers' Occupation Tax Act shall, in addition to other information included on the customer's receipt, include itemized line items on the customer's receipt detailing the use and occupation taxes imposed by each unit of local government.


LRB101 10702 HLH 55814 b

 

 

A BILL FOR

 

HB3095LRB101 10702 HLH 55814 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Taxation Disclosure Act is amended by
5changing Section 15 as follows:
 
6    (20 ILCS 2530/15)
7    Sec. 15. Tax rate database.
8    (a) The Department shall make tax rate information publicly
9available on its Internet website. The tax rate information
10shall include rate information on income, property, use and
11occupation, and excise taxes.
12    (b) Tax rate information for use and occupation taxes
13administered by the Department shall include the tax rate
14applicable in a municipality or the unincorporated area of a
15county and list the individual rates that comprise the
16aggregate rate in that municipality or in the unincorporated
17area of that county. Each retailer that is required to collect
18and remit the tax imposed under the Retailers' Occupation Tax
19Act shall, in addition to other information included on the
20customer's receipt, include itemized line items on the
21customer's receipt detailing the use and occupation taxes
22imposed by each unit of local government.
23    (c) Beginning with the 2008 levy year, and for every

 

 

HB3095- 2 -LRB101 10702 HLH 55814 b

1subsequent levy year, tax rate information for property taxes
2shall include the name of each taxing district, a list of all
3funds for which taxes were extended and the corresponding tax
4rate for each fund, and the district's total tax rate. The
5Department may also include such other property tax information
6that it determines is necessary to achieve the purpose set
7forth in Section 5 of this Act. This information shall be made
8available in a viewable and downloadable format on the
9effective date of this Act and shall be updated on January 1 of
10each subsequent year with the most recent tax rate information
11available.
12    (d) Tax rate information for income taxes shall include the
13individual income tax rate as well as the corporate income tax
14rate. This information shall be made available in a viewable
15and downloadable format on the effective date of this Act and
16shall be updated on January 1 of each subsequent year with the
17most recent tax rate information available.
18    (e) Tax rate information for excise taxes shall include the
19statewide rates as well as local rates for taxes administered
20by the Department. This information shall be made available in
21a viewable and downloadable format on the effective date of
22this Act and shall be updated on January 1 and July 1 of each
23subsequent year with the most recent tax rate information
24available.
25(Source: P.A. 97-353, eff. 1-1-12.)