HB5560 93RD GENERAL ASSEMBLY

LRB093 17349 SJM 43015 b

93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5560

Introduced 02/06/04, by Michael J. Madigan

SYNOPSIS AS INTRODUCED:

35 ILCS 160/5

Amends the Direct Pay Permit Implementation Act. Makes technical changes in a Section creating the direct pay permit pilot program.

A BILL FOR

AN ACT concerning taxes.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Direct Pay Permit Implementation Act is amended by changing Section 5 as follows:

(35 ILCS 160/5)

Sec. 5. Direct pay permit pilot program. The Department of Revenue shall implement a pilot direct pay permit program as a means of collecting State and local occupation and use taxes. The Department of Revenue may work with Illinois business taxpayers and their representatives to implement a direct pay permit pilot program and to set standards for participation in that pilot program. The Department of Revenue shall select the participants for the pilot program, but participation shall be voluntary. The Department of Revenue shall report the results of the pilot program to the General Assembly on or before January 1, 2001, with a recommendation as to whether a direct pay permit program should be implemented in Illinois. If the Department of Revenue recommends that a direct pay program be implemented, the Department of Revenue shall also recommend legislation to implement that program. The pilot program shall end no later than July 1, 2001.

(Source: P.A. 90-682, eff. 1-1-99.)