State of Illinois
90th General Assembly
Legislation

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[ Senate Amendment 001 ][ Conference Committee Report 001 ][ Conference Committee Report 002 ]

90_HB0018enr

      20 ILCS 3105/1A-3         from Ch. 127, par. 783.3
      30 ILCS 330/2             from Ch. 127, par. 652
      30 ILCS 330/5             from Ch. 127, par. 655
          Amends the Capital Development Board Act by changing  the
      grant  index  applicable  to  grants  to school districts for
      school construction projects to an enrollment  based  formula
      from a weighted average daily attendance based formula.  Also
      amends  the  General  Obligation  Bond  Act  to  increase the
      State's bonding authority by $1,000,000,000, earmarking  that
      increase   exclusively   for   specified   types   of  school
      construction projects  over  a  10  year  period.   Effective
      immediately.
                                                     LRB9000201THgc
HB0018 Enrolled                                LRB9000201THgc
 1        AN  ACT  concerning  the Metropolitan Pier and Exposition
 2    Authority.
 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:
 5        Section  5.  The State Finance Act is amended by changing
 6    Section 8.25f as follows:
 7        (30 ILCS 105/8.25f) (from Ch. 127, par. 144.25f)
 8        Sec. 8.25f.  McCormick Place Expansion Project Fund.
 9        (a)  Deposits.  The following amounts shall be  deposited
10    into  the McCormick Place Expansion Project Fund in the State
11    Treasury: (i) the moneys required to be  deposited  into  the
12    Fund  under  Section  9  of the Use Tax Act, Section 9 of the
13    Service Occupation Tax Act, Section 9 of the Service Use  Tax
14    Act,  and  Section 3 of the Retailers' Occupation Tax Act and
15    (ii) the moneys required to be deposited into the Fund  under
16    Section  13 of the Metropolitan Pier and Exposition Authority
17    Act. Notwithstanding the foregoing, the maximum  amount  that
18    may  be  deposited into the McCormick Place Expansion Project
19    Fund from item (i) shall not  exceed  the  following  amounts
20    with respect to the following fiscal years:
21             Fiscal Year                   Total Deposit
22                 1993                            $0
23                 1994                        53,000,000
24                 1995                        58,000,000
25                 1996                        61,000,000
26                 1997                        64,000,000
27                 1998                        68,000,000
28                 1999                        71,000,000
29                 2000                        75,000,000
30                 2001                        80,000,000
31                 2002                        84,000,000
HB0018 Enrolled             -2-                LRB9000201THgc
 1                 2003                        89,000,000
 2                 2004                        93,000,000
 3                 2005                        97,000,000
 4                 2006                       102,000,000
 5               2007 and                     106,000,000
 6    each fiscal year
 7    thereafter that bonds are
 8    outstanding under Section
 9    13.2 of the Metropolitan Pier
10    and Exposition Authority Act,
11    but not after fiscal year 2029.
12        Provided  that  all  amounts  deposited  in  the Fund and
13    requested in the Authority's certificate have  been  paid  to
14    the  Authority,  all amounts remaining in the McCormick Place
15    Expansion Project Fund on the last day of any month shall  be
16    transferred to the General Revenue Fund.
17        (b)  Authority  certificate.   Beginning with fiscal year
18    1994 and continuing for  each  fiscal  year  thereafter,  the
19    Chairman  of  the  Metropolitan Pier and Exposition Authority
20    shall annually certify to the State Comptroller and the State
21    Treasurer the  amount  necessary  and  required,  during  the
22    fiscal  year with respect to which the certification is made,
23    to pay the debt service requirements (including amounts to be
24    paid with  respect  to  arrangements  to  provide  additional
25    security  or  liquidity)  on all outstanding bonds and notes,
26    including  refunding  bonds,  (collectively  referred  to  as
27    "bonds") in an amount issued by  the  Authority  pursuant  to
28    Section   13.2   of  the  Metropolitan  Pier  and  Exposition
29    Authority Act this amendatory Act of 1991.  Provided that the
30    certificate filed by the Chairman shall not certify an amount
31    in excess of 79% of the  amount  specified  above  as  "Total
32    Deposit" with respect to a fiscal year until the Chairman has
33    filed with the State Comptroller and State Treasurer a notice
34    stating that a final judicial order upholding the tax imposed
HB0018 Enrolled             -3-                LRB9000201THgc
 1    under  subsection  (b) of Section 13 of the Metropolitan Pier
 2    and Exposition Authority Act has been entered; thereafter the
 3    annual amount certified by the Chairman shall not exceed  the
 4    amount specified above as the "Total Deposit" with respect to
 5    a  fiscal year.  Until the Chairman has filed the notice with
 6    respect to the final judicial order, the proceeds of any  tax
 7    imposed  under  subsection  (b)  of  Section 13 shall be held
 8    apart from all other funds of the Authority and shall not  be
 9    expended until entry of the final judicial order.  Upon entry
10    of  a final judicial order upholding the tax, the proceeds of
11    the tax shall be deposited in the trust fund referred  to  in
12    subsection  (g)  of  Section  13 of the Metropolitan Pier and
13    Exposition Authority  Act  and  that  part  of  the  proceeds
14    collected during fiscal year 1993 shall be treated as amounts
15    deposited   under  item  "second"  of  that  subsection.  The
16    certificate may be amended from time to time as necessary.
17    (Source: P.A. 87-733.)
18        Section 10.  The Use  Tax  Act  is  amended  by  changing
19    Section 9 as follows:
20        (35 ILCS 105/9) (from Ch. 120, par. 439.9)
21        (Text of Section before amendment by P.A. 90-491)
22        Sec.   9.  Except   as  to  motor  vehicles,  watercraft,
23    aircraft, and trailers that are  required  to  be  registered
24    with  an  agency  of  this  State,  each retailer required or
25    authorized to collect the tax imposed by this Act  shall  pay
26    to the Department the amount of such tax (except as otherwise
27    provided)  at the time when he is required to file his return
28    for the period during which such tax was  collected,  less  a
29    discount  of  2.1% prior to January 1, 1990, and 1.75% on and
30    after January 1, 1990, or $5 per calendar year, whichever  is
31    greater,  which  is  allowed  to  reimburse  the retailer for
32    expenses incurred in collecting  the  tax,  keeping  records,
HB0018 Enrolled             -4-                LRB9000201THgc
 1    preparing and filing returns, remitting the tax and supplying
 2    data  to the Department on request.  In the case of retailers
 3    who report and pay the tax on a  transaction  by  transaction
 4    basis,  as  provided  in this Section, such discount shall be
 5    taken with each such tax  remittance  instead  of  when  such
 6    retailer  files  his  periodic  return.   A retailer need not
 7    remit that part of any tax collected by  him  to  the  extent
 8    that  he  is required to remit and does remit the tax imposed
 9    by the Retailers' Occupation Tax Act,  with  respect  to  the
10    sale of the same property.
11        Where  such  tangible  personal  property is sold under a
12    conditional sales contract, or under any other form  of  sale
13    wherein  the payment of the principal sum, or a part thereof,
14    is extended beyond the close of  the  period  for  which  the
15    return  is filed, the retailer, in collecting the tax (except
16    as to motor vehicles, watercraft, aircraft, and trailers that
17    are required to be registered with an agency of this  State),
18    may  collect  for  each  tax  return  period,  only  the  tax
19    applicable  to  that  part  of  the  selling  price  actually
20    received during such tax return period.
21        Except  as  provided  in  this  Section, on or before the
22    twentieth day of each calendar  month,  such  retailer  shall
23    file  a return for the preceding calendar month.  Such return
24    shall be filed on forms  prescribed  by  the  Department  and
25    shall   furnish   such  information  as  the  Department  may
26    reasonably require.
27        The Department may require  returns  to  be  filed  on  a
28    quarterly  basis.  If so required, a return for each calendar
29    quarter shall be filed on or before the twentieth day of  the
30    calendar  month  following  the end of such calendar quarter.
31    The taxpayer shall also file a return with the Department for
32    each of the first two months of each calendar quarter, on  or
33    before  the  twentieth  day  of the following calendar month,
34    stating:
HB0018 Enrolled             -5-                LRB9000201THgc
 1             1.  The name of the seller;
 2             2.  The address of the principal place  of  business
 3        from which he engages in the business of selling tangible
 4        personal property at retail in this State;
 5             3.  The total amount of taxable receipts received by
 6        him  during  the  preceding  calendar month from sales of
 7        tangible personal property by him during  such  preceding
 8        calendar  month,  including receipts from charge and time
 9        sales, but less all deductions allowed by law;
10             4.  The amount of credit provided in Section  2d  of
11        this Act;
12             5.  The amount of tax due;
13             5-5.  The signature of the taxpayer; and
14             6.  Such   other   reasonable   information  as  the
15        Department may require.
16        If a taxpayer fails to sign a return within 30 days after
17    the proper notice and demand for signature by the Department,
18    the return shall be considered valid and any amount shown  to
19    be due on the return shall be deemed assessed.
20        Beginning  October 1, 1993, a taxpayer who has an average
21    monthly tax liability of $150,000  or  more  shall  make  all
22    payments  required  by  rules of the Department by electronic
23    funds transfer. Beginning October 1, 1994, a taxpayer who has
24    an average monthly tax liability of $100,000  or  more  shall
25    make  all  payments  required  by  rules of the Department by
26    electronic funds  transfer.  Beginning  October  1,  1995,  a
27    taxpayer  who has an average monthly tax liability of $50,000
28    or more shall make all payments  required  by  rules  of  the
29    Department  by  electronic  funds transfer. The term "average
30    monthly tax  liability"  means  the  sum  of  the  taxpayer's
31    liabilities  under  this  Act,  and under all other State and
32    local  occupation  and  use  tax  laws  administered  by  the
33    Department,  for  the  immediately  preceding  calendar  year
34    divided by 12.
HB0018 Enrolled             -6-                LRB9000201THgc
 1        Before August 1 of  each  year  beginning  in  1993,  the
 2    Department  shall  notify  all  taxpayers  required  to  make
 3    payments by electronic funds transfer. All taxpayers required
 4    to  make  payments  by  electronic  funds transfer shall make
 5    those payments for a minimum of one year beginning on October
 6    1.
 7        Any taxpayer not required to make payments by  electronic
 8    funds transfer may make payments by electronic funds transfer
 9    with the permission of the Department.
10        All  taxpayers  required  to  make  payment by electronic
11    funds transfer and any taxpayers  authorized  to  voluntarily
12    make  payments  by electronic funds transfer shall make those
13    payments in the manner authorized by the Department.
14        The Department shall adopt such rules as are necessary to
15    effectuate a program of electronic  funds  transfer  and  the
16    requirements of this Section.
17        If  the  taxpayer's  average monthly tax liability to the
18    Department under this Act, the Retailers' Occupation Tax Act,
19    the Service Occupation Tax Act, the Service Use Tax  Act  was
20    $10,000  or  more  during  the  preceding 4 complete calendar
21    quarters, he shall file a return  with  the  Department  each
22    month  by  the 20th day of the month next following the month
23    during which such tax liability is incurred  and  shall  make
24    payments  to  the Department on or before the 7th, 15th, 22nd
25    and last day of the month  during  which  such  liability  is
26    incurred.   If  the  month during which such tax liability is
27    incurred began prior to January 1, 1985, each  payment  shall
28    be  in  an  amount  equal  to  1/4  of  the taxpayer's actual
29    liability for the month or an amount set  by  the  Department
30    not  to  exceed  1/4  of the average monthly liability of the
31    taxpayer to the  Department  for  the  preceding  4  complete
32    calendar  quarters  (excluding the month of highest liability
33    and the month of lowest liability in such 4 quarter  period).
34    If  the  month  during  which  such tax liability is incurred
HB0018 Enrolled             -7-                LRB9000201THgc
 1    begins on or after January 1, 1985, and prior to  January  1,
 2    1987,  each  payment  shall be in an amount equal to 22.5% of
 3    the taxpayer's actual liability for the month or 27.5% of the
 4    taxpayer's liability for  the  same  calendar  month  of  the
 5    preceding year.  If the month during which such tax liability
 6    is  incurred begins on or after January 1, 1987, and prior to
 7    January 1, 1988, each payment shall be in an amount equal  to
 8    22.5%  of  the  taxpayer's  actual liability for the month or
 9    26.25% of the taxpayer's  liability  for  the  same  calendar
10    month  of the preceding year.  If the month during which such
11    tax liability is incurred begins on or after January 1, 1988,
12    and prior to January 1, 1989, or begins on or  after  January
13    1, 1996, each payment shall be in an amount equal to 22.5% of
14    the  taxpayer's  actual liability for the month or 25% of the
15    taxpayer's liability for  the  same  calendar  month  of  the
16    preceding year.  If the month during which such tax liability
17    is  incurred begins on or after January 1, 1989, and prior to
18    January 1, 1996, each payment shall be in an amount equal  to
19    22.5% of the taxpayer's actual liability for the month or 25%
20    of  the  taxpayer's  liability for the same calendar month of
21    the preceding year or 100% of the taxpayer's actual liability
22    for the quarter monthly reporting period.  The amount of such
23    quarter monthly payments shall be credited against the  final
24    tax  liability of the taxpayer's return for that month.  Once
25    applicable, the requirement of the making of quarter  monthly
26    payments   to   the  Department  shall  continue  until  such
27    taxpayer's average monthly liability to the Department during
28    the preceding 4 complete  calendar  quarters  (excluding  the
29    month of highest liability and the month of lowest liability)
30    is less than $9,000, or until such taxpayer's average monthly
31    liability  to  the  Department  as computed for each calendar
32    quarter of the 4 preceding complete calendar  quarter  period
33    is  less  than  $10,000.  However, if a taxpayer can show the
34    Department  that  a  substantial  change  in  the  taxpayer's
HB0018 Enrolled             -8-                LRB9000201THgc
 1    business has occurred which causes the taxpayer to anticipate
 2    that his average monthly tax  liability  for  the  reasonably
 3    foreseeable   future  will  fall  below  $10,000,  then  such
 4    taxpayer may petition  the  Department  for  change  in  such
 5    taxpayer's  reporting  status.    The Department shall change
 6    such taxpayer's reporting status unless it  finds  that  such
 7    change  is seasonal in nature and not likely to be long term.
 8    If any such quarter monthly payment is not paid at  the  time
 9    or   in  the  amount  required  by  this  Section,  then  the
10    taxpayer's 2.1% or 1.75% vendors' discount shall  be  reduced
11    by  2.1%  or  1.75%,  as  the  case may be, of the difference
12    between the minimum amount due and the amount of such quarter
13    monthly payment actually and timely  paid  and  the  taxpayer
14    shall   be   liable   for  penalties  and  interest  on  such
15    difference, except insofar as  the  taxpayer  has  previously
16    made  payments  for that month to the Department in excess of
17    the minimum payments  previously  due  as  provided  in  this
18    Section.    The  Department  shall  make reasonable rules and
19    regulations to govern the quarter monthly payment amount  and
20    quarter monthly payment dates for taxpayers who file on other
21    than a calendar monthly basis.
22        If  any such payment provided for in this Section exceeds
23    the taxpayer's liabilities under  this  Act,  the  Retailers'
24    Occupation  Tax  Act,  the Service Occupation Tax Act and the
25    Service Use Tax Act, as shown by an original monthly  return,
26    the   Department   shall  issue  to  the  taxpayer  a  credit
27    memorandum no later than 30 days after the date  of  payment,
28    which  memorandum  may  be  submitted  by the taxpayer to the
29    Department in payment of tax  liability  subsequently  to  be
30    remitted  by the taxpayer to the Department or be assigned by
31    the taxpayer to  a  similar  taxpayer  under  this  Act,  the
32    Retailers' Occupation Tax Act, the Service Occupation Tax Act
33    or  the  Service  Use  Tax Act, in accordance with reasonable
34    rules and regulations to be  prescribed  by  the  Department,
HB0018 Enrolled             -9-                LRB9000201THgc
 1    except  that  if  such excess payment is shown on an original
 2    monthly return and is made after December 31, 1986, no credit
 3    memorandum shall be issued, unless requested by the taxpayer.
 4    If no such request is made,  the  taxpayer  may  credit  such
 5    excess  payment  against  tax  liability  subsequently  to be
 6    remitted by the taxpayer to the Department  under  this  Act,
 7    the Retailers' Occupation Tax Act, the Service Occupation Tax
 8    Act or the Service Use Tax Act, in accordance with reasonable
 9    rules  and  regulations prescribed by the Department.  If the
10    Department subsequently determines that all or  any  part  of
11    the  credit  taken  was not actually due to the taxpayer, the
12    taxpayer's 2.1% or 1.75% vendor's discount shall  be  reduced
13    by  2.1%  or 1.75% of the difference between the credit taken
14    and that actually due, and the taxpayer shall be  liable  for
15    penalties and interest on such difference.
16        If  the  retailer is otherwise required to file a monthly
17    return and if the retailer's average monthly tax liability to
18    the Department does  not  exceed  $200,  the  Department  may
19    authorize  his returns to be filed on a quarter annual basis,
20    with the return for January, February, and March of  a  given
21    year  being due by April 20 of such year; with the return for
22    April, May and June of a given year being due by July  20  of
23    such  year; with the return for July, August and September of
24    a given year being due by October 20 of such year,  and  with
25    the return for October, November and December of a given year
26    being due by January 20 of the following year.
27        If  the  retailer is otherwise required to file a monthly
28    or quarterly return and if the retailer's average monthly tax
29    liability  to  the  Department  does  not  exceed  $50,   the
30    Department may authorize his returns to be filed on an annual
31    basis,  with the return for a given year being due by January
32    20 of the following year.
33        Such quarter annual and annual returns, as  to  form  and
34    substance,  shall  be  subject  to  the  same requirements as
HB0018 Enrolled             -10-               LRB9000201THgc
 1    monthly returns.
 2        Notwithstanding  any  other   provision   in   this   Act
 3    concerning  the  time  within  which  a retailer may file his
 4    return, in the case of any retailer who ceases to engage in a
 5    kind of business  which  makes  him  responsible  for  filing
 6    returns  under  this  Act,  such  retailer shall file a final
 7    return under this Act with the Department not more  than  one
 8    month after discontinuing such business.
 9        In  addition, with respect to motor vehicles, watercraft,
10    aircraft, and trailers that are  required  to  be  registered
11    with  an  agency  of  this State, every retailer selling this
12    kind of tangible  personal  property  shall  file,  with  the
13    Department,  upon a form to be prescribed and supplied by the
14    Department, a separate return for each such item of  tangible
15    personal  property  which  the  retailer  sells,  except that
16    where, in the  same  transaction,  a  retailer  of  aircraft,
17    watercraft,  motor  vehicles  or trailers transfers more than
18    one aircraft, watercraft, motor vehicle or trailer to another
19    aircraft, watercraft, motor vehicle or trailer  retailer  for
20    the  purpose of resale, that seller for resale may report the
21    transfer of all the aircraft, watercraft, motor  vehicles  or
22    trailers  involved  in  that transaction to the Department on
23    the same uniform invoice-transaction reporting  return  form.
24    For  purposes  of this Section, "watercraft" means a Class 2,
25    Class 3, or Class 4 watercraft as defined in Section  3-2  of
26    the  Boat Registration and Safety Act, a personal watercraft,
27    or any boat equipped with an inboard motor.
28        The transaction reporting return in  the  case  of  motor
29    vehicles  or trailers that are required to be registered with
30    an agency of this State, shall be the same  document  as  the
31    Uniform  Invoice referred to in Section 5-402 of the Illinois
32    Vehicle Code and must  show  the  name  and  address  of  the
33    seller;  the name and address of the purchaser; the amount of
34    the  selling  price  including  the  amount  allowed  by  the
HB0018 Enrolled             -11-               LRB9000201THgc
 1    retailer for traded-in property, if any; the  amount  allowed
 2    by the retailer for the traded-in tangible personal property,
 3    if  any,  to the extent to which Section 2 of this Act allows
 4    an exemption for the value of traded-in property; the balance
 5    payable after deducting  such  trade-in  allowance  from  the
 6    total  selling price; the amount of tax due from the retailer
 7    with respect to such transaction; the amount of tax collected
 8    from the purchaser by the retailer on  such  transaction  (or
 9    satisfactory  evidence  that  such  tax  is  not  due in that
10    particular instance, if that is claimed to be the fact);  the
11    place  and  date  of the sale; a sufficient identification of
12    the property sold; such other information as is  required  in
13    Section  5-402  of  the Illinois Vehicle Code, and such other
14    information as the Department may reasonably require.
15        The  transaction  reporting  return  in   the   case   of
16    watercraft and aircraft must show the name and address of the
17    seller;  the name and address of the purchaser; the amount of
18    the  selling  price  including  the  amount  allowed  by  the
19    retailer for traded-in property, if any; the  amount  allowed
20    by the retailer for the traded-in tangible personal property,
21    if  any,  to the extent to which Section 2 of this Act allows
22    an exemption for the value of traded-in property; the balance
23    payable after deducting  such  trade-in  allowance  from  the
24    total  selling price; the amount of tax due from the retailer
25    with respect to such transaction; the amount of tax collected
26    from the purchaser by the retailer on  such  transaction  (or
27    satisfactory  evidence  that  such  tax  is  not  due in that
28    particular instance, if that is claimed to be the fact);  the
29    place  and  date  of the sale, a sufficient identification of
30    the  property  sold,  and  such  other  information  as   the
31    Department may reasonably require.
32        Such  transaction  reporting  return  shall  be filed not
33    later than 20 days after the date of  delivery  of  the  item
34    that  is  being sold, but may be filed by the retailer at any
HB0018 Enrolled             -12-               LRB9000201THgc
 1    time  sooner  than  that  if  he  chooses  to  do  so.    The
 2    transaction  reporting  return and tax remittance or proof of
 3    exemption from the tax that is imposed by  this  Act  may  be
 4    transmitted to the Department by way of the State agency with
 5    which,  or  State  officer  with  whom, the tangible personal
 6    property  must  be  titled  or  registered  (if  titling   or
 7    registration  is  required) if the Department and such agency
 8    or State officer determine that this procedure will  expedite
 9    the processing of applications for title or registration.
10        With each such transaction reporting return, the retailer
11    shall  remit  the  proper  amount of tax due (or shall submit
12    satisfactory evidence that the sale is not taxable if that is
13    the case), to the Department or  its  agents,  whereupon  the
14    Department  shall  issue,  in  the  purchaser's  name,  a tax
15    receipt (or a certificate of exemption if the  Department  is
16    satisfied  that the particular sale is tax exempt) which such
17    purchaser may submit to  the  agency  with  which,  or  State
18    officer  with  whom,  he  must title or register the tangible
19    personal  property  that   is   involved   (if   titling   or
20    registration  is  required)  in  support  of such purchaser's
21    application for an Illinois certificate or other evidence  of
22    title or registration to such tangible personal property.
23        No  retailer's failure or refusal to remit tax under this
24    Act precludes a user, who has paid  the  proper  tax  to  the
25    retailer,  from  obtaining  his certificate of title or other
26    evidence of title or registration (if titling or registration
27    is required) upon satisfying the Department  that  such  user
28    has paid the proper tax (if tax is due) to the retailer.  The
29    Department  shall  adopt  appropriate  rules to carry out the
30    mandate of this paragraph.
31        If the user who would otherwise pay tax to  the  retailer
32    wants  the transaction reporting return filed and the payment
33    of tax or proof of exemption made to  the  Department  before
34    the  retailer  is willing to take these actions and such user
HB0018 Enrolled             -13-               LRB9000201THgc
 1    has not paid the tax to the retailer, such user  may  certify
 2    to  the fact of such delay by the retailer, and may (upon the
 3    Department   being   satisfied   of   the   truth   of   such
 4    certification)  transmit  the  information  required  by  the
 5    transaction reporting return and the remittance  for  tax  or
 6    proof  of exemption directly to the Department and obtain his
 7    tax receipt or exemption determination, in  which  event  the
 8    transaction  reporting  return  and  tax remittance (if a tax
 9    payment was required) shall be credited by the Department  to
10    the  proper  retailer's  account  with  the  Department,  but
11    without  the  2.1%  or  1.75%  discount  provided for in this
12    Section being allowed.  When the user pays the  tax  directly
13    to  the  Department,  he shall pay the tax in the same amount
14    and in the same form in which it would be remitted if the tax
15    had been remitted to the Department by the retailer.
16        Where a retailer collects the tax  with  respect  to  the
17    selling  price  of  tangible personal property which he sells
18    and the purchaser thereafter returns such  tangible  personal
19    property  and  the retailer refunds the selling price thereof
20    to the purchaser, such retailer shall  also  refund,  to  the
21    purchaser,  the  tax  so  collected  from the purchaser. When
22    filing his return for the period in which he refunds such tax
23    to the purchaser, the retailer may deduct the amount  of  the
24    tax  so  refunded  by him to the purchaser from any other use
25    tax which such retailer may be required to pay  or  remit  to
26    the Department, as shown by such return, if the amount of the
27    tax  to be deducted was previously remitted to the Department
28    by  such  retailer.   If  the  retailer  has  not  previously
29    remitted the amount of such tax  to  the  Department,  he  is
30    entitled  to  no deduction under this Act upon refunding such
31    tax to the purchaser.
32        Any retailer filing a return  under  this  Section  shall
33    also  include  (for  the  purpose  of paying tax thereon) the
34    total tax covered by such return upon the  selling  price  of
HB0018 Enrolled             -14-               LRB9000201THgc
 1    tangible  personal property purchased by him at retail from a
 2    retailer, but as to which the tax imposed by this Act was not
 3    collected from the retailer  filing  such  return,  and  such
 4    retailer shall remit the amount of such tax to the Department
 5    when filing such return.
 6        If  experience  indicates  such action to be practicable,
 7    the Department may prescribe and  furnish  a  combination  or
 8    joint return which will enable retailers, who are required to
 9    file   returns   hereunder  and  also  under  the  Retailers'
10    Occupation Tax Act, to furnish  all  the  return  information
11    required by both Acts on the one form.
12        Where  the retailer has more than one business registered
13    with the Department under separate  registration  under  this
14    Act,  such retailer may not file each return that is due as a
15    single return covering all such  registered  businesses,  but
16    shall   file   separate  returns  for  each  such  registered
17    business.
18        Beginning January 1,  1990,  each  month  the  Department
19    shall  pay  into the State and Local Sales Tax Reform Fund, a
20    special fund in the State Treasury which is  hereby  created,
21    the  net revenue realized for the preceding month from the 1%
22    tax on sales of food for human consumption  which  is  to  be
23    consumed  off  the  premises  where  it  is  sold (other than
24    alcoholic beverages, soft drinks  and  food  which  has  been
25    prepared  for  immediate  consumption)  and  prescription and
26    nonprescription  medicines,  drugs,  medical  appliances  and
27    insulin, urine testing materials, syringes and  needles  used
28    by diabetics.
29        Beginning  January  1,  1990,  each  month the Department
30    shall pay into the County and Mass Transit District  Fund  4%
31    of  the net revenue realized for the preceding month from the
32    6.25% general rate on the selling price of tangible  personal
33    property which is purchased outside Illinois at retail from a
34    retailer  and  which  is titled or registered by an agency of
HB0018 Enrolled             -15-               LRB9000201THgc
 1    this State's government.
 2        Beginning January 1,  1990,  each  month  the  Department
 3    shall  pay  into the State and Local Sales Tax Reform Fund, a
 4    special fund in the State Treasury, 20% of  the  net  revenue
 5    realized  for the preceding month from the 6.25% general rate
 6    on the selling price of  tangible  personal  property,  other
 7    than  tangible  personal  property which is purchased outside
 8    Illinois at retail from a retailer and  which  is  titled  or
 9    registered by an agency of this State's government.
10        Beginning  January  1,  1990,  each  month the Department
11    shall pay into the Local Government Tax Fund 16% of  the  net
12    revenue  realized  for  the  preceding  month  from the 6.25%
13    general rate  on  the  selling  price  of  tangible  personal
14    property which is purchased outside Illinois at retail from a
15    retailer  and  which  is titled or registered by an agency of
16    this State's government.
17        Of the remainder of the moneys received by the Department
18    pursuant to this Act, (a) 1.75% thereof shall  be  paid  into
19    the  Build  Illinois Fund and (b) prior to July 1, 1989, 2.2%
20    and on and after July 1, 1989, 3.8%  thereof  shall  be  paid
21    into  the  Build Illinois Fund; provided, however, that if in
22    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
23    as the case may be, of the moneys received by the  Department
24    and required to be paid into the Build Illinois Fund pursuant
25    to  Section 3 of the Retailers' Occupation Tax Act, Section 9
26    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
27    Section 9 of the Service Occupation Tax Act, such Acts  being
28    hereinafter  called the "Tax Acts" and such aggregate of 2.2%
29    or 3.8%, as the case may  be,  of  moneys  being  hereinafter
30    called  the  "Tax Act Amount", and (2) the amount transferred
31    to the Build Illinois Fund from the State and Local Sales Tax
32    Reform Fund shall be less than the  Annual  Specified  Amount
33    (as  defined  in  Section  3 of the Retailers' Occupation Tax
34    Act), an amount equal to the difference shall be  immediately
HB0018 Enrolled             -16-               LRB9000201THgc
 1    paid  into the Build Illinois Fund from other moneys received
 2    by the Department pursuant  to  the  Tax  Acts;  and  further
 3    provided,  that  if on the last business day of any month the
 4    sum of (1) the Tax Act Amount required to be  deposited  into
 5    the  Build  Illinois  Bond Account in the Build Illinois Fund
 6    during such month and (2) the amount transferred during  such
 7    month  to  the  Build  Illinois Fund from the State and Local
 8    Sales Tax Reform Fund shall have been less than 1/12  of  the
 9    Annual  Specified  Amount,  an amount equal to the difference
10    shall be immediately paid into the Build Illinois  Fund  from
11    other  moneys  received by the Department pursuant to the Tax
12    Acts; and, further provided,  that  in  no  event  shall  the
13    payments  required  under  the  preceding  proviso  result in
14    aggregate payments into the Build Illinois Fund  pursuant  to
15    this  clause (b) for any fiscal year in excess of the greater
16    of (i) the Tax Act Amount or (ii) the Annual Specified Amount
17    for such fiscal year; and, further provided, that the amounts
18    payable into the Build Illinois Fund under  this  clause  (b)
19    shall be payable only until such time as the aggregate amount
20    on  deposit  under each trust indenture securing Bonds issued
21    and outstanding pursuant to the Build Illinois  Bond  Act  is
22    sufficient, taking into account any future investment income,
23    to  fully provide, in accordance with such indenture, for the
24    defeasance of or the payment of the principal of, premium, if
25    any, and interest on the Bonds secured by such indenture  and
26    on  any  Bonds  expected to be issued thereafter and all fees
27    and costs payable with respect thereto, all as  certified  by
28    the  Director  of  the  Bureau of the Budget.  If on the last
29    business day of any month  in  which  Bonds  are  outstanding
30    pursuant to the Build Illinois Bond Act, the aggregate of the
31    moneys  deposited  in  the Build Illinois Bond Account in the
32    Build Illinois Fund in such month  shall  be  less  than  the
33    amount  required  to  be  transferred  in such month from the
34    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
HB0018 Enrolled             -17-               LRB9000201THgc
 1    Retirement  and  Interest  Fund pursuant to Section 13 of the
 2    Build Illinois Bond Act, an amount equal to  such  deficiency
 3    shall  be  immediately paid from other moneys received by the
 4    Department pursuant to the Tax Acts  to  the  Build  Illinois
 5    Fund;  provided,  however, that any amounts paid to the Build
 6    Illinois Fund in any fiscal year pursuant  to  this  sentence
 7    shall be deemed to constitute payments pursuant to clause (b)
 8    of  the  preceding  sentence  and  shall  reduce  the  amount
 9    otherwise payable for such fiscal year pursuant to clause (b)
10    of  the  preceding  sentence.   The  moneys  received  by the
11    Department pursuant to this Act and required to be  deposited
12    into the Build Illinois Fund are subject to the pledge, claim
13    and charge set forth in Section 12 of the Build Illinois Bond
14    Act.
15        Subject  to  payment  of  amounts into the Build Illinois
16    Fund as  provided  in  the  preceding  paragraph  or  in  any
17    amendment  thereto hereafter enacted, the following specified
18    monthly  installment  of  the   amount   requested   in   the
19    certificate  of  the  Chairman  of  the Metropolitan Pier and
20    Exposition Authority provided  under  Section  8.25f  of  the
21    State  Finance  Act, but not in excess of the sums designated
22    as "Total Deposit", shall be deposited in the aggregate  from
23    collections  under Section 9 of the Use Tax Act, Section 9 of
24    the Service Use Tax Act, Section 9 of the Service  Occupation
25    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
26    into the  McCormick  Place  Expansion  Project  Fund  in  the
27    specified fiscal years.
28             Fiscal Year                   Total Deposit
29                 1993                            $0
30                 1994                        53,000,000
31                 1995                        58,000,000
32                 1996                        61,000,000
33                 1997                        64,000,000
34                 1998                        68,000,000
HB0018 Enrolled             -18-               LRB9000201THgc
 1                 1999                        71,000,000
 2                 2000                        75,000,000
 3                 2001                        80,000,000
 4                 2002                        84,000,000
 5                 2003                        89,000,000
 6                 2004                        93,000,000
 7                 2005                        97,000,000
 8                 2006                       102,000,000
 9               2007 and                     106,000,000
10        each fiscal year
11        thereafter that bonds
12        are outstanding under
13        Section 13.2 of the
14        Metropolitan Pier and
15        Exposition Authority
16        Act, but not after fiscal year 2029.
17        Beginning  July 20, 1993 and in each month of each fiscal
18    year thereafter, one-eighth of the amount  requested  in  the
19    certificate  of  the  Chairman  of  the Metropolitan Pier and
20    Exposition Authority for that fiscal year,  less  the  amount
21    deposited  into the McCormick Place Expansion Project Fund by
22    the State Treasurer in the respective month under  subsection
23    (g)  of  Section  13  of the Metropolitan Pier and Exposition
24    Authority Act, plus cumulative deficiencies in  the  deposits
25    required  under  this  Section for previous months and years,
26    shall be deposited into the McCormick Place Expansion Project
27    Fund, until the full amount requested for  the  fiscal  year,
28    but  not  in  excess  of the amount specified above as "Total
29    Deposit", has been deposited.
30        Subject to payment of amounts  into  the  Build  Illinois
31    Fund  and the McCormick Place Expansion Project Fund pursuant
32    to the preceding  paragraphs  or  in  any  amendment  thereto
33    hereafter  enacted,  each month the Department shall pay into
34    the Local Government Distributive Fund .4% of the net revenue
HB0018 Enrolled             -19-               LRB9000201THgc
 1    realized for the preceding month from the 5% general rate, or
 2    .4% of 80% of the net  revenue  realized  for  the  preceding
 3    month from the 6.25% general rate, as the case may be, on the
 4    selling  price  of  tangible  personal  property which amount
 5    shall, subject to appropriation, be distributed  as  provided
 6    in Section 2 of the State Revenue Sharing Act. No payments or
 7    distributions pursuant to this paragraph shall be made if the
 8    tax  imposed  by  this  Act  on  photoprocessing  products is
 9    declared unconstitutional, or if the proceeds from  such  tax
10    are unavailable for distribution because of litigation.
11        Subject  to  payment  of  amounts into the Build Illinois
12    Fund, the McCormick Place Expansion  Project  Fund,  and  the
13    Local  Government Distributive Fund pursuant to the preceding
14    paragraphs or in any amendments  thereto  hereafter  enacted,
15    beginning  July  1, 1993, the Department shall each month pay
16    into the Illinois Tax Increment Fund 0.27% of 80% of the  net
17    revenue  realized  for  the  preceding  month  from the 6.25%
18    general rate  on  the  selling  price  of  tangible  personal
19    property.
20        Of the remainder of the moneys received by the Department
21    pursuant  to  this  Act,  75%  thereof shall be paid into the
22    State Treasury and 25% shall be reserved in a special account
23    and used only for the transfer to the Common School  Fund  as
24    part of the monthly transfer from the General Revenue Fund in
25    accordance with Section 8a of the State Finance Act.
26        As  soon  as  possible after the first day of each month,
27    upon  certification  of  the  Department  of   Revenue,   the
28    Comptroller  shall  order transferred and the Treasurer shall
29    transfer from the General Revenue Fund to the Motor Fuel  Tax
30    Fund  an  amount  equal  to  1.7%  of  80% of the net revenue
31    realized under this  Act  for  the  second  preceding  month;
32    except  that  this  transfer shall not be made for the months
33    February through June of 1992.
34        Net revenue realized for a month  shall  be  the  revenue
HB0018 Enrolled             -20-               LRB9000201THgc
 1    collected  by the State pursuant to this Act, less the amount
 2    paid out during  that  month  as  refunds  to  taxpayers  for
 3    overpayment of liability.
 4        For  greater simplicity of administration, manufacturers,
 5    importers and wholesalers whose products are sold  at  retail
 6    in Illinois by numerous retailers, and who wish to do so, may
 7    assume  the  responsibility  for accounting and paying to the
 8    Department all tax accruing under this Act  with  respect  to
 9    such  sales,  if  the  retailers who are affected do not make
10    written objection to the Department to this arrangement.
11    (Source: P.A. 89-379, eff. 1-1-96; 89-626, eff. 8-9-96.)
12        (Text of Section after amendment by P.A. 90-491)
13        Sec.  9.  Except  as  to  motor   vehicles,   watercraft,
14    aircraft,  and  trailers  that  are required to be registered
15    with an agency of  this  State,  each  retailer  required  or
16    authorized  to  collect the tax imposed by this Act shall pay
17    to the Department the amount of such tax (except as otherwise
18    provided) at the time when he is required to file his  return
19    for  the  period  during which such tax was collected, less a
20    discount of 2.1% prior to January 1, 1990, and 1.75%  on  and
21    after  January 1, 1990, or $5 per calendar year, whichever is
22    greater, which is  allowed  to  reimburse  the  retailer  for
23    expenses  incurred  in  collecting  the tax, keeping records,
24    preparing and filing returns, remitting the tax and supplying
25    data to the Department on request.  In the case of  retailers
26    who  report  and  pay the tax on a transaction by transaction
27    basis, as provided in this Section, such  discount  shall  be
28    taken  with  each  such  tax  remittance instead of when such
29    retailer files his periodic  return.   A  retailer  need  not
30    remit  that  part  of  any tax collected by him to the extent
31    that he is required to remit and does remit the  tax  imposed
32    by  the  Retailers'  Occupation  Tax Act, with respect to the
33    sale of the same property.
34        Where such tangible personal property  is  sold  under  a
HB0018 Enrolled             -21-               LRB9000201THgc
 1    conditional  sales  contract, or under any other form of sale
 2    wherein the payment of the principal sum, or a part  thereof,
 3    is  extended  beyond  the  close  of the period for which the
 4    return is filed, the retailer, in collecting the tax  (except
 5    as to motor vehicles, watercraft, aircraft, and trailers that
 6    are  required to be registered with an agency of this State),
 7    may  collect  for  each  tax  return  period,  only  the  tax
 8    applicable  to  that  part  of  the  selling  price  actually
 9    received during such tax return period.
10        Except as provided in this  Section,  on  or  before  the
11    twentieth  day  of  each  calendar month, such retailer shall
12    file a return for the preceding calendar month.  Such  return
13    shall  be  filed  on  forms  prescribed by the Department and
14    shall  furnish  such  information  as  the   Department   may
15    reasonably require.
16        The  Department  may  require  returns  to  be filed on a
17    quarterly basis.  If so required, a return for each  calendar
18    quarter  shall be filed on or before the twentieth day of the
19    calendar month following the end of  such  calendar  quarter.
20    The taxpayer shall also file a return with the Department for
21    each  of the first two months of each calendar quarter, on or
22    before the twentieth day of  the  following  calendar  month,
23    stating:
24             1.  The name of the seller;
25             2.  The  address  of the principal place of business
26        from which he engages in the business of selling tangible
27        personal property at retail in this State;
28             3.  The total amount of taxable receipts received by
29        him during the preceding calendar  month  from  sales  of
30        tangible  personal  property by him during such preceding
31        calendar month, including receipts from charge  and  time
32        sales, but less all deductions allowed by law;
33             4.  The  amount  of credit provided in Section 2d of
34        this Act;
HB0018 Enrolled             -22-               LRB9000201THgc
 1             5.  The amount of tax due;
 2             5-5.  The signature of the taxpayer; and
 3             6.  Such  other  reasonable   information   as   the
 4        Department may require.
 5        If a taxpayer fails to sign a return within 30 days after
 6    the proper notice and demand for signature by the Department,
 7    the  return shall be considered valid and any amount shown to
 8    be due on the return shall be deemed assessed.
 9        Beginning October 1, 1993, a taxpayer who has an  average
10    monthly  tax  liability  of  $150,000  or more shall make all
11    payments required by rules of the  Department  by  electronic
12    funds transfer. Beginning October 1, 1994, a taxpayer who has
13    an  average  monthly  tax liability of $100,000 or more shall
14    make all payments required by  rules  of  the  Department  by
15    electronic  funds  transfer.  Beginning  October  1,  1995, a
16    taxpayer who has an average monthly tax liability of  $50,000
17    or  more  shall  make  all  payments required by rules of the
18    Department by electronic funds transfer.  The  term  "average
19    monthly  tax  liability"  means  the  sum  of  the taxpayer's
20    liabilities under this Act, and under  all  other  State  and
21    local  occupation  and  use  tax  laws  administered  by  the
22    Department,  for  the  immediately  preceding  calendar  year
23    divided by 12.
24        Before  August  1  of  each  year  beginning in 1993, the
25    Department  shall  notify  all  taxpayers  required  to  make
26    payments by electronic funds transfer. All taxpayers required
27    to make payments by  electronic  funds  transfer  shall  make
28    those payments for a minimum of one year beginning on October
29    1.
30        Any  taxpayer not required to make payments by electronic
31    funds transfer may make payments by electronic funds transfer
32    with the permission of the Department.
33        All taxpayers required  to  make  payment  by  electronic
34    funds  transfer  and  any taxpayers authorized to voluntarily
HB0018 Enrolled             -23-               LRB9000201THgc
 1    make payments by electronic funds transfer shall  make  those
 2    payments in the manner authorized by the Department.
 3        The Department shall adopt such rules as are necessary to
 4    effectuate  a  program  of  electronic funds transfer and the
 5    requirements of this Section.
 6        If the taxpayer's average monthly tax  liability  to  the
 7    Department under this Act, the Retailers' Occupation Tax Act,
 8    the  Service  Occupation Tax Act, the Service Use Tax Act was
 9    $10,000 or more during  the  preceding  4  complete  calendar
10    quarters,  he  shall  file  a return with the Department each
11    month by the 20th day of the month next following  the  month
12    during  which  such  tax liability is incurred and shall make
13    payments to the Department on or before the 7th,  15th,  22nd
14    and  last  day  of  the  month during which such liability is
15    incurred.  If the month during which such  tax  liability  is
16    incurred  began  prior to January 1, 1985, each payment shall
17    be in an  amount  equal  to  1/4  of  the  taxpayer's  actual
18    liability  for  the  month or an amount set by the Department
19    not to exceed 1/4 of the average  monthly  liability  of  the
20    taxpayer  to  the  Department  for  the  preceding 4 complete
21    calendar quarters (excluding the month of  highest  liability
22    and  the month of lowest liability in such 4 quarter period).
23    If the month during which  such  tax  liability  is  incurred
24    begins  on  or after January 1, 1985, and prior to January 1,
25    1987, each payment shall be in an amount equal  to  22.5%  of
26    the taxpayer's actual liability for the month or 27.5% of the
27    taxpayer's  liability  for  the  same  calendar  month of the
28    preceding year.  If the month during which such tax liability
29    is incurred begins on or after January 1, 1987, and prior  to
30    January  1, 1988, each payment shall be in an amount equal to
31    22.5% of the taxpayer's actual liability  for  the  month  or
32    26.25%  of  the  taxpayer's  liability  for the same calendar
33    month of the preceding year.  If the month during which  such
34    tax liability is incurred begins on or after January 1, 1988,
HB0018 Enrolled             -24-               LRB9000201THgc
 1    and  prior  to January 1, 1989, or begins on or after January
 2    1, 1996, each payment shall be in an amount equal to 22.5% of
 3    the taxpayer's actual liability for the month or 25%  of  the
 4    taxpayer's  liability  for  the  same  calendar  month of the
 5    preceding year.  If the month during which such tax liability
 6    is incurred begins on or after January 1, 1989, and prior  to
 7    January  1, 1996, each payment shall be in an amount equal to
 8    22.5% of the taxpayer's actual liability for the month or 25%
 9    of the taxpayer's liability for the same  calendar  month  of
10    the preceding year or 100% of the taxpayer's actual liability
11    for the quarter monthly reporting period.  The amount of such
12    quarter  monthly payments shall be credited against the final
13    tax liability of the taxpayer's return for that month.   Once
14    applicable,  the requirement of the making of quarter monthly
15    payments  to  the  Department  shall  continue   until   such
16    taxpayer's average monthly liability to the Department during
17    the  preceding  4  complete  calendar quarters (excluding the
18    month of highest liability and the month of lowest liability)
19    is less than $9,000, or until such taxpayer's average monthly
20    liability to the Department as  computed  for  each  calendar
21    quarter  of  the 4 preceding complete calendar quarter period
22    is less than $10,000.  However, if a taxpayer  can  show  the
23    Department  that  a  substantial  change  in  the  taxpayer's
24    business has occurred which causes the taxpayer to anticipate
25    that  his  average  monthly  tax liability for the reasonably
26    foreseeable  future  will  fall  below  $10,000,  then   such
27    taxpayer  may  petition  the  Department  for  change in such
28    taxpayer's reporting status.   The  Department  shall  change
29    such  taxpayer's  reporting  status unless it finds that such
30    change is seasonal in nature and not likely to be long  term.
31    If  any  such quarter monthly payment is not paid at the time
32    or in the amount required by this Section, then the  taxpayer
33    shall  be liable for penalties and interest on the difference
34    between the minimum amount due and the amount of such quarter
HB0018 Enrolled             -25-               LRB9000201THgc
 1    monthly payment actually and timely paid, except  insofar  as
 2    the  taxpayer  has previously made payments for that month to
 3    the Department in excess of the minimum  payments  previously
 4    due  as  provided in this Section.  The Department shall make
 5    reasonable  rules  and  regulations  to  govern  the  quarter
 6    monthly payment amount and quarter monthly payment dates  for
 7    taxpayers who file on other than a calendar monthly basis.
 8        If  any such payment provided for in this Section exceeds
 9    the taxpayer's liabilities under  this  Act,  the  Retailers'
10    Occupation  Tax  Act,  the Service Occupation Tax Act and the
11    Service Use Tax Act, as shown by an original monthly  return,
12    the   Department   shall  issue  to  the  taxpayer  a  credit
13    memorandum no later than 30 days after the date  of  payment,
14    which  memorandum  may  be  submitted  by the taxpayer to the
15    Department in payment of tax  liability  subsequently  to  be
16    remitted  by the taxpayer to the Department or be assigned by
17    the taxpayer to  a  similar  taxpayer  under  this  Act,  the
18    Retailers' Occupation Tax Act, the Service Occupation Tax Act
19    or  the  Service  Use  Tax Act, in accordance with reasonable
20    rules and regulations to be  prescribed  by  the  Department,
21    except  that  if  such excess payment is shown on an original
22    monthly return and is made after December 31, 1986, no credit
23    memorandum shall be issued, unless requested by the taxpayer.
24    If no such request is made,  the  taxpayer  may  credit  such
25    excess  payment  against  tax  liability  subsequently  to be
26    remitted by the taxpayer to the Department  under  this  Act,
27    the Retailers' Occupation Tax Act, the Service Occupation Tax
28    Act or the Service Use Tax Act, in accordance with reasonable
29    rules  and  regulations prescribed by the Department.  If the
30    Department subsequently determines that all or  any  part  of
31    the  credit  taken  was not actually due to the taxpayer, the
32    taxpayer's 2.1% or 1.75% vendor's discount shall  be  reduced
33    by  2.1%  or 1.75% of the difference between the credit taken
34    and that actually due, and the taxpayer shall be  liable  for
HB0018 Enrolled             -26-               LRB9000201THgc
 1    penalties and interest on such difference.
 2        If  the  retailer is otherwise required to file a monthly
 3    return and if the retailer's average monthly tax liability to
 4    the Department does  not  exceed  $200,  the  Department  may
 5    authorize  his returns to be filed on a quarter annual basis,
 6    with the return for January, February, and March of  a  given
 7    year  being due by April 20 of such year; with the return for
 8    April, May and June of a given year being due by July  20  of
 9    such  year; with the return for July, August and September of
10    a given year being due by October 20 of such year,  and  with
11    the return for October, November and December of a given year
12    being due by January 20 of the following year.
13        If  the  retailer is otherwise required to file a monthly
14    or quarterly return and if the retailer's average monthly tax
15    liability  to  the  Department  does  not  exceed  $50,   the
16    Department may authorize his returns to be filed on an annual
17    basis,  with the return for a given year being due by January
18    20 of the following year.
19        Such quarter annual and annual returns, as  to  form  and
20    substance,  shall  be  subject  to  the  same requirements as
21    monthly returns.
22        Notwithstanding  any  other   provision   in   this   Act
23    concerning  the  time  within  which  a retailer may file his
24    return, in the case of any retailer who ceases to engage in a
25    kind of business  which  makes  him  responsible  for  filing
26    returns  under  this  Act,  such  retailer shall file a final
27    return under this Act with the Department not more  than  one
28    month after discontinuing such business.
29        In  addition, with respect to motor vehicles, watercraft,
30    aircraft, and trailers that are  required  to  be  registered
31    with  an  agency  of  this State, every retailer selling this
32    kind of tangible  personal  property  shall  file,  with  the
33    Department,  upon a form to be prescribed and supplied by the
34    Department, a separate return for each such item of  tangible
HB0018 Enrolled             -27-               LRB9000201THgc
 1    personal  property  which  the  retailer  sells,  except that
 2    where, in the  same  transaction,  a  retailer  of  aircraft,
 3    watercraft,  motor  vehicles  or trailers transfers more than
 4    one aircraft, watercraft, motor vehicle or trailer to another
 5    aircraft, watercraft, motor vehicle or trailer  retailer  for
 6    the  purpose of resale, that seller for resale may report the
 7    transfer of all the aircraft, watercraft, motor  vehicles  or
 8    trailers  involved  in  that transaction to the Department on
 9    the same uniform invoice-transaction reporting  return  form.
10    For  purposes  of this Section, "watercraft" means a Class 2,
11    Class 3, or Class 4 watercraft as defined in Section  3-2  of
12    the  Boat Registration and Safety Act, a personal watercraft,
13    or any boat equipped with an inboard motor.
14        The transaction reporting return in  the  case  of  motor
15    vehicles  or trailers that are required to be registered with
16    an agency of this State, shall be the same  document  as  the
17    Uniform  Invoice referred to in Section 5-402 of the Illinois
18    Vehicle Code and must  show  the  name  and  address  of  the
19    seller;  the name and address of the purchaser; the amount of
20    the  selling  price  including  the  amount  allowed  by  the
21    retailer for traded-in property, if any; the  amount  allowed
22    by the retailer for the traded-in tangible personal property,
23    if  any,  to the extent to which Section 2 of this Act allows
24    an exemption for the value of traded-in property; the balance
25    payable after deducting  such  trade-in  allowance  from  the
26    total  selling price; the amount of tax due from the retailer
27    with respect to such transaction; the amount of tax collected
28    from the purchaser by the retailer on  such  transaction  (or
29    satisfactory  evidence  that  such  tax  is  not  due in that
30    particular instance, if that is claimed to be the fact);  the
31    place  and  date  of the sale; a sufficient identification of
32    the property sold; such other information as is  required  in
33    Section  5-402  of  the Illinois Vehicle Code, and such other
34    information as the Department may reasonably require.
HB0018 Enrolled             -28-               LRB9000201THgc
 1        The  transaction  reporting  return  in   the   case   of
 2    watercraft and aircraft must show the name and address of the
 3    seller;  the name and address of the purchaser; the amount of
 4    the  selling  price  including  the  amount  allowed  by  the
 5    retailer for traded-in property, if any; the  amount  allowed
 6    by the retailer for the traded-in tangible personal property,
 7    if  any,  to the extent to which Section 2 of this Act allows
 8    an exemption for the value of traded-in property; the balance
 9    payable after deducting  such  trade-in  allowance  from  the
10    total  selling price; the amount of tax due from the retailer
11    with respect to such transaction; the amount of tax collected
12    from the purchaser by the retailer on  such  transaction  (or
13    satisfactory  evidence  that  such  tax  is  not  due in that
14    particular instance, if that is claimed to be the fact);  the
15    place  and  date  of the sale, a sufficient identification of
16    the  property  sold,  and  such  other  information  as   the
17    Department may reasonably require.
18        Such  transaction  reporting  return  shall  be filed not
19    later than 20 days after the date of  delivery  of  the  item
20    that  is  being sold, but may be filed by the retailer at any
21    time  sooner  than  that  if  he  chooses  to  do  so.    The
22    transaction  reporting  return and tax remittance or proof of
23    exemption from the tax that is imposed by  this  Act  may  be
24    transmitted to the Department by way of the State agency with
25    which,  or  State  officer  with  whom, the tangible personal
26    property  must  be  titled  or  registered  (if  titling   or
27    registration  is  required) if the Department and such agency
28    or State officer determine that this procedure will  expedite
29    the processing of applications for title or registration.
30        With each such transaction reporting return, the retailer
31    shall  remit  the  proper  amount of tax due (or shall submit
32    satisfactory evidence that the sale is not taxable if that is
33    the case), to the Department or  its  agents,  whereupon  the
34    Department  shall  issue,  in  the  purchaser's  name,  a tax
HB0018 Enrolled             -29-               LRB9000201THgc
 1    receipt (or a certificate of exemption if the  Department  is
 2    satisfied  that the particular sale is tax exempt) which such
 3    purchaser may submit to  the  agency  with  which,  or  State
 4    officer  with  whom,  he  must title or register the tangible
 5    personal  property  that   is   involved   (if   titling   or
 6    registration  is  required)  in  support  of such purchaser's
 7    application for an Illinois certificate or other evidence  of
 8    title or registration to such tangible personal property.
 9        No  retailer's failure or refusal to remit tax under this
10    Act precludes a user, who has paid  the  proper  tax  to  the
11    retailer,  from  obtaining  his certificate of title or other
12    evidence of title or registration (if titling or registration
13    is required) upon satisfying the Department  that  such  user
14    has paid the proper tax (if tax is due) to the retailer.  The
15    Department  shall  adopt  appropriate  rules to carry out the
16    mandate of this paragraph.
17        If the user who would otherwise pay tax to  the  retailer
18    wants  the transaction reporting return filed and the payment
19    of tax or proof of exemption made to  the  Department  before
20    the  retailer  is willing to take these actions and such user
21    has not paid the tax to the retailer, such user  may  certify
22    to  the fact of such delay by the retailer, and may (upon the
23    Department   being   satisfied   of   the   truth   of   such
24    certification)  transmit  the  information  required  by  the
25    transaction reporting return and the remittance  for  tax  or
26    proof  of exemption directly to the Department and obtain his
27    tax receipt or exemption determination, in  which  event  the
28    transaction  reporting  return  and  tax remittance (if a tax
29    payment was required) shall be credited by the Department  to
30    the  proper  retailer's  account  with  the  Department,  but
31    without  the  2.1%  or  1.75%  discount  provided for in this
32    Section being allowed.  When the user pays the  tax  directly
33    to  the  Department,  he shall pay the tax in the same amount
34    and in the same form in which it would be remitted if the tax
HB0018 Enrolled             -30-               LRB9000201THgc
 1    had been remitted to the Department by the retailer.
 2        Where a retailer collects the tax  with  respect  to  the
 3    selling  price  of  tangible personal property which he sells
 4    and the purchaser thereafter returns such  tangible  personal
 5    property  and  the retailer refunds the selling price thereof
 6    to the purchaser, such retailer shall  also  refund,  to  the
 7    purchaser,  the  tax  so  collected  from the purchaser. When
 8    filing his return for the period in which he refunds such tax
 9    to the purchaser, the retailer may deduct the amount  of  the
10    tax  so  refunded  by him to the purchaser from any other use
11    tax which such retailer may be required to pay  or  remit  to
12    the Department, as shown by such return, if the amount of the
13    tax  to be deducted was previously remitted to the Department
14    by  such  retailer.   If  the  retailer  has  not  previously
15    remitted the amount of such tax  to  the  Department,  he  is
16    entitled  to  no deduction under this Act upon refunding such
17    tax to the purchaser.
18        Any retailer filing a return  under  this  Section  shall
19    also  include  (for  the  purpose  of paying tax thereon) the
20    total tax covered by such return upon the  selling  price  of
21    tangible  personal property purchased by him at retail from a
22    retailer, but as to which the tax imposed by this Act was not
23    collected from the retailer  filing  such  return,  and  such
24    retailer shall remit the amount of such tax to the Department
25    when filing such return.
26        If  experience  indicates  such action to be practicable,
27    the Department may prescribe and  furnish  a  combination  or
28    joint return which will enable retailers, who are required to
29    file   returns   hereunder  and  also  under  the  Retailers'
30    Occupation Tax Act, to furnish  all  the  return  information
31    required by both Acts on the one form.
32        Where  the retailer has more than one business registered
33    with the Department under separate  registration  under  this
34    Act,  such retailer may not file each return that is due as a
HB0018 Enrolled             -31-               LRB9000201THgc
 1    single return covering all such  registered  businesses,  but
 2    shall   file   separate  returns  for  each  such  registered
 3    business.
 4        Beginning January 1,  1990,  each  month  the  Department
 5    shall  pay  into the State and Local Sales Tax Reform Fund, a
 6    special fund in the State Treasury which is  hereby  created,
 7    the  net revenue realized for the preceding month from the 1%
 8    tax on sales of food for human consumption  which  is  to  be
 9    consumed  off  the  premises  where  it  is  sold (other than
10    alcoholic beverages, soft drinks  and  food  which  has  been
11    prepared  for  immediate  consumption)  and  prescription and
12    nonprescription  medicines,  drugs,  medical  appliances  and
13    insulin, urine testing materials, syringes and  needles  used
14    by diabetics.
15        Beginning  January  1,  1990,  each  month the Department
16    shall pay into the County and Mass Transit District  Fund  4%
17    of  the net revenue realized for the preceding month from the
18    6.25% general rate on the selling price of tangible  personal
19    property which is purchased outside Illinois at retail from a
20    retailer  and  which  is titled or registered by an agency of
21    this State's government.
22        Beginning January 1,  1990,  each  month  the  Department
23    shall  pay  into the State and Local Sales Tax Reform Fund, a
24    special fund in the State Treasury, 20% of  the  net  revenue
25    realized  for the preceding month from the 6.25% general rate
26    on the selling price of  tangible  personal  property,  other
27    than  tangible  personal  property which is purchased outside
28    Illinois at retail from a retailer and  which  is  titled  or
29    registered by an agency of this State's government.
30        Beginning  January  1,  1990,  each  month the Department
31    shall pay into the Local Government Tax Fund 16% of  the  net
32    revenue  realized  for  the  preceding  month  from the 6.25%
33    general rate  on  the  selling  price  of  tangible  personal
34    property which is purchased outside Illinois at retail from a
HB0018 Enrolled             -32-               LRB9000201THgc
 1    retailer  and  which  is titled or registered by an agency of
 2    this State's government.
 3        Of the remainder of the moneys received by the Department
 4    pursuant to this Act, (a) 1.75% thereof shall  be  paid  into
 5    the  Build  Illinois Fund and (b) prior to July 1, 1989, 2.2%
 6    and on and after July 1, 1989, 3.8%  thereof  shall  be  paid
 7    into  the  Build Illinois Fund; provided, however, that if in
 8    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
 9    as the case may be, of the moneys received by the  Department
10    and required to be paid into the Build Illinois Fund pursuant
11    to  Section 3 of the Retailers' Occupation Tax Act, Section 9
12    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
13    Section 9 of the Service Occupation Tax Act, such Acts  being
14    hereinafter  called the "Tax Acts" and such aggregate of 2.2%
15    or 3.8%, as the case may  be,  of  moneys  being  hereinafter
16    called  the  "Tax Act Amount", and (2) the amount transferred
17    to the Build Illinois Fund from the State and Local Sales Tax
18    Reform Fund shall be less than the  Annual  Specified  Amount
19    (as  defined  in  Section  3 of the Retailers' Occupation Tax
20    Act), an amount equal to the difference shall be  immediately
21    paid  into the Build Illinois Fund from other moneys received
22    by the Department pursuant  to  the  Tax  Acts;  and  further
23    provided,  that  if on the last business day of any month the
24    sum of (1) the Tax Act Amount required to be  deposited  into
25    the  Build  Illinois  Bond Account in the Build Illinois Fund
26    during such month and (2) the amount transferred during  such
27    month  to  the  Build  Illinois Fund from the State and Local
28    Sales Tax Reform Fund shall have been less than 1/12  of  the
29    Annual  Specified  Amount,  an amount equal to the difference
30    shall be immediately paid into the Build Illinois  Fund  from
31    other  moneys  received by the Department pursuant to the Tax
32    Acts; and, further provided,  that  in  no  event  shall  the
33    payments  required  under  the  preceding  proviso  result in
34    aggregate payments into the Build Illinois Fund  pursuant  to
HB0018 Enrolled             -33-               LRB9000201THgc
 1    this  clause (b) for any fiscal year in excess of the greater
 2    of (i) the Tax Act Amount or (ii) the Annual Specified Amount
 3    for such fiscal year; and, further provided, that the amounts
 4    payable into the Build Illinois Fund under  this  clause  (b)
 5    shall be payable only until such time as the aggregate amount
 6    on  deposit  under each trust indenture securing Bonds issued
 7    and outstanding pursuant to the Build Illinois  Bond  Act  is
 8    sufficient, taking into account any future investment income,
 9    to  fully provide, in accordance with such indenture, for the
10    defeasance of or the payment of the principal of, premium, if
11    any, and interest on the Bonds secured by such indenture  and
12    on  any  Bonds  expected to be issued thereafter and all fees
13    and costs payable with respect thereto, all as  certified  by
14    the  Director  of  the  Bureau of the Budget.  If on the last
15    business day of any month  in  which  Bonds  are  outstanding
16    pursuant to the Build Illinois Bond Act, the aggregate of the
17    moneys  deposited  in  the Build Illinois Bond Account in the
18    Build Illinois Fund in such month  shall  be  less  than  the
19    amount  required  to  be  transferred  in such month from the
20    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
21    Retirement  and  Interest  Fund pursuant to Section 13 of the
22    Build Illinois Bond Act, an amount equal to  such  deficiency
23    shall  be  immediately paid from other moneys received by the
24    Department pursuant to the Tax Acts  to  the  Build  Illinois
25    Fund;  provided,  however, that any amounts paid to the Build
26    Illinois Fund in any fiscal year pursuant  to  this  sentence
27    shall be deemed to constitute payments pursuant to clause (b)
28    of  the  preceding  sentence  and  shall  reduce  the  amount
29    otherwise payable for such fiscal year pursuant to clause (b)
30    of  the  preceding  sentence.   The  moneys  received  by the
31    Department pursuant to this Act and required to be  deposited
32    into the Build Illinois Fund are subject to the pledge, claim
33    and charge set forth in Section 12 of the Build Illinois Bond
34    Act.
HB0018 Enrolled             -34-               LRB9000201THgc
 1        Subject  to  payment  of  amounts into the Build Illinois
 2    Fund as  provided  in  the  preceding  paragraph  or  in  any
 3    amendment  thereto hereafter enacted, the following specified
 4    monthly  installment  of  the   amount   requested   in   the
 5    certificate  of  the  Chairman  of  the Metropolitan Pier and
 6    Exposition Authority provided  under  Section  8.25f  of  the
 7    State  Finance  Act, but not in excess of the sums designated
 8    as "Total Deposit", shall be deposited in the aggregate  from
 9    collections  under Section 9 of the Use Tax Act, Section 9 of
10    the Service Use Tax Act, Section 9 of the Service  Occupation
11    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
12    into the  McCormick  Place  Expansion  Project  Fund  in  the
13    specified fiscal years.
14             Fiscal Year                   Total Deposit
15                 1993                            $0
16                 1994                        53,000,000
17                 1995                        58,000,000
18                 1996                        61,000,000
19                 1997                        64,000,000
20                 1998                        68,000,000
21                 1999                        71,000,000
22                 2000                        75,000,000
23                 2001                        80,000,000
24                 2002                        84,000,000
25                 2003                        89,000,000
26                 2004                        93,000,000
27                 2005                        97,000,000
28                 2006                       102,000,000
29               2007 and                     106,000,000
30        each fiscal year
31        thereafter that bonds
32        are outstanding under
33        Section 13.2 of the
34        Metropolitan Pier and
HB0018 Enrolled             -35-               LRB9000201THgc
 1        Exposition Authority
 2        Act, but not after fiscal year 2029.
 3        Beginning  July 20, 1993 and in each month of each fiscal
 4    year thereafter, one-eighth of the amount  requested  in  the
 5    certificate  of  the  Chairman  of  the Metropolitan Pier and
 6    Exposition Authority for that fiscal year,  less  the  amount
 7    deposited  into the McCormick Place Expansion Project Fund by
 8    the State Treasurer in the respective month under  subsection
 9    (g)  of  Section  13  of the Metropolitan Pier and Exposition
10    Authority Act, plus cumulative deficiencies in  the  deposits
11    required  under  this  Section for previous months and years,
12    shall be deposited into the McCormick Place Expansion Project
13    Fund, until the full amount requested for  the  fiscal  year,
14    but  not  in  excess  of the amount specified above as "Total
15    Deposit", has been deposited.
16        Subject to payment of amounts  into  the  Build  Illinois
17    Fund  and the McCormick Place Expansion Project Fund pursuant
18    to the preceding  paragraphs  or  in  any  amendment  thereto
19    hereafter  enacted,  each month the Department shall pay into
20    the Local Government Distributive Fund .4% of the net revenue
21    realized for the preceding month from the 5% general rate, or
22    .4% of 80% of the net  revenue  realized  for  the  preceding
23    month from the 6.25% general rate, as the case may be, on the
24    selling  price  of  tangible  personal  property which amount
25    shall, subject to appropriation, be distributed  as  provided
26    in Section 2 of the State Revenue Sharing Act. No payments or
27    distributions pursuant to this paragraph shall be made if the
28    tax  imposed  by  this  Act  on  photoprocessing  products is
29    declared unconstitutional, or if the proceeds from  such  tax
30    are unavailable for distribution because of litigation.
31        Subject  to  payment  of  amounts into the Build Illinois
32    Fund, the McCormick Place Expansion  Project  Fund,  and  the
33    Local  Government Distributive Fund pursuant to the preceding
34    paragraphs or in any amendments  thereto  hereafter  enacted,
HB0018 Enrolled             -36-               LRB9000201THgc
 1    beginning  July  1, 1993, the Department shall each month pay
 2    into the Illinois Tax Increment Fund 0.27% of 80% of the  net
 3    revenue  realized  for  the  preceding  month  from the 6.25%
 4    general rate  on  the  selling  price  of  tangible  personal
 5    property.
 6        Of the remainder of the moneys received by the Department
 7    pursuant  to  this  Act,  75%  thereof shall be paid into the
 8    State Treasury and 25% shall be reserved in a special account
 9    and used only for the transfer to the Common School  Fund  as
10    part of the monthly transfer from the General Revenue Fund in
11    accordance with Section 8a of the State Finance Act.
12        As  soon  as  possible after the first day of each month,
13    upon  certification  of  the  Department  of   Revenue,   the
14    Comptroller  shall  order transferred and the Treasurer shall
15    transfer from the General Revenue Fund to the Motor Fuel  Tax
16    Fund  an  amount  equal  to  1.7%  of  80% of the net revenue
17    realized under this  Act  for  the  second  preceding  month;
18    except  that  this  transfer shall not be made for the months
19    February through June of 1992.
20        Net revenue realized for a month  shall  be  the  revenue
21    collected  by the State pursuant to this Act, less the amount
22    paid out during  that  month  as  refunds  to  taxpayers  for
23    overpayment of liability.
24        For  greater simplicity of administration, manufacturers,
25    importers and wholesalers whose products are sold  at  retail
26    in Illinois by numerous retailers, and who wish to do so, may
27    assume  the  responsibility  for accounting and paying to the
28    Department all tax accruing under this Act  with  respect  to
29    such  sales,  if  the  retailers who are affected do not make
30    written objection to the Department to this arrangement.
31    (Source: P.A.  89-379,  eff.  1-1-96;  89-626,  eff.  8-9-96;
32    90-491, eff. 1-1-99.)
33        Section 15.  The  Service  Use  Tax  Act  is  amended  by
HB0018 Enrolled             -37-               LRB9000201THgc
 1    changing Section 9 as follows:
 2        (35 ILCS 110/9) (from Ch. 120, par. 439.39)
 3        Sec.   9.  Each  serviceman  required  or  authorized  to
 4    collect the tax herein imposed shall pay  to  the  Department
 5    the  amount of such tax (except as otherwise provided) at the
 6    time when he is required to file his return  for  the  period
 7    during  which such tax was collected, less a discount of 2.1%
 8    prior to January 1, 1990 and 1.75% on and  after  January  1,
 9    1990, or $5 per calendar year, whichever is greater, which is
10    allowed  to reimburse the serviceman for expenses incurred in
11    collecting the tax, keeping  records,  preparing  and  filing
12    returns,   remitting  the  tax  and  supplying  data  to  the
13    Department on request. A serviceman need not remit that  part
14    of any tax collected by him to the extent that he is required
15    to pay and does pay the tax imposed by the Service Occupation
16    Tax  Act  with  respect  to his sale of service involving the
17    incidental transfer by him of the same property.
18        Except as provided hereinafter in  this  Section,  on  or
19    before  the  twentieth  day  of  each  calendar  month,  such
20    serviceman  shall  file  a  return for the preceding calendar
21    month in accordance with reasonable Rules and Regulations  to
22    be  promulgated by the Department. Such return shall be filed
23    on a form prescribed by the Department and shall contain such
24    information as the Department may reasonably require.
25        The Department may require  returns  to  be  filed  on  a
26    quarterly  basis.  If so required, a return for each calendar
27    quarter shall be filed on or before the twentieth day of  the
28    calendar  month  following  the end of such calendar quarter.
29    The taxpayer shall also file a return with the Department for
30    each of the first two months of each calendar quarter, on  or
31    before  the  twentieth  day  of the following calendar month,
32    stating:
33             1.  The name of the seller;
HB0018 Enrolled             -38-               LRB9000201THgc
 1             2.  The address of the principal place  of  business
 2        from which he engages in business as a serviceman in this
 3        State;
 4             3.  The total amount of taxable receipts received by
 5        him   during  the  preceding  calendar  month,  including
 6        receipts  from  charge  and  time  sales,  but  less  all
 7        deductions allowed by law;
 8             4.  The amount of credit provided in Section  2d  of
 9        this Act;
10             5.  The amount of tax due;
11             5-5.  The signature of the taxpayer; and
12             6.  Such   other   reasonable   information  as  the
13        Department may require.
14        If a taxpayer fails to sign a return within 30 days after
15    the proper notice and demand for signature by the Department,
16    the return shall be considered valid and any amount shown  to
17    be due on the return shall be deemed assessed.
18        Beginning  October 1, 1993, a taxpayer who has an average
19    monthly tax liability of $150,000  or  more  shall  make  all
20    payments  required  by  rules of the Department by electronic
21    funds transfer.  Beginning October 1, 1994,  a  taxpayer  who
22    has  an  average  monthly  tax  liability of $100,000 or more
23    shall make all payments required by rules of  the  Department
24    by  electronic  funds transfer.  Beginning October 1, 1995, a
25    taxpayer who has an average monthly tax liability of  $50,000
26    or  more  shall  make  all  payments required by rules of the
27    Department by electronic funds transfer.  The  term  "average
28    monthly  tax  liability"  means  the  sum  of  the taxpayer's
29    liabilities under this Act, and under  all  other  State  and
30    local  occupation  and  use  tax  laws  administered  by  the
31    Department,  for  the  immediately  preceding  calendar  year
32    divided by 12.
33        Before  August  1  of  each  year  beginning in 1993, the
34    Department  shall  notify  all  taxpayers  required  to  make
HB0018 Enrolled             -39-               LRB9000201THgc
 1    payments by electronic funds transfer. All taxpayers required
 2    to make payments by  electronic  funds  transfer  shall  make
 3    those payments for a minimum of one year beginning on October
 4    1.
 5        Any  taxpayer not required to make payments by electronic
 6    funds transfer may make payments by electronic funds transfer
 7    with the permission of the Department.
 8        All taxpayers required  to  make  payment  by  electronic
 9    funds  transfer  and  any taxpayers authorized to voluntarily
10    make payments by electronic funds transfer shall  make  those
11    payments in the manner authorized by the Department.
12        The Department shall adopt such rules as are necessary to
13    effectuate  a  program  of  electronic funds transfer and the
14    requirements of this Section.
15        If the serviceman is otherwise required to file a monthly
16    return and if the serviceman's average monthly tax  liability
17    to  the  Department  does not exceed $200, the Department may
18    authorize his returns to be filed on a quarter annual  basis,
19    with  the  return  for January, February and March of a given
20    year being due by April 20 of such year; with the return  for
21    April,  May  and June of a given year being due by July 20 of
22    such year; with the return for July, August and September  of
23    a  given  year being due by October 20 of such year, and with
24    the return for October, November and December of a given year
25    being due by January 20 of the following year.
26        If the serviceman is otherwise required to file a monthly
27    or quarterly return and if the serviceman's  average  monthly
28    tax  liability  to  the  Department  does not exceed $50, the
29    Department may authorize his returns to be filed on an annual
30    basis, with the return for a given year being due by  January
31    20 of the following year.
32        Such  quarter  annual  and annual returns, as to form and
33    substance, shall be  subject  to  the  same  requirements  as
34    monthly returns.
HB0018 Enrolled             -40-               LRB9000201THgc
 1        Notwithstanding   any   other   provision   in  this  Act
 2    concerning the time within which a serviceman  may  file  his
 3    return, in the case of any serviceman who ceases to engage in
 4    a  kind  of  business  which makes him responsible for filing
 5    returns under this Act, such serviceman shall  file  a  final
 6    return  under  this  Act  with the Department not more than 1
 7    month after discontinuing such business.
 8        Where a serviceman collects the tax with respect  to  the
 9    selling  price  of  property which he sells and the purchaser
10    thereafter returns such property and the  serviceman  refunds
11    the  selling  price thereof to the purchaser, such serviceman
12    shall also refund, to the purchaser,  the  tax  so  collected
13    from  the purchaser. When filing his return for the period in
14    which he refunds such tax to the  purchaser,  the  serviceman
15    may  deduct  the  amount of the tax so refunded by him to the
16    purchaser from any other Service Use Tax, Service  Occupation
17    Tax,   retailers'  occupation  tax  or  use  tax  which  such
18    serviceman may be required to pay or remit to the Department,
19    as shown by such return, provided that the amount of the  tax
20    to  be  deducted  shall  previously have been remitted to the
21    Department by such serviceman. If the  serviceman  shall  not
22    previously  have  remitted  the  amount  of  such  tax to the
23    Department, he shall be entitled to  no  deduction  hereunder
24    upon refunding such tax to the purchaser.
25        Any  serviceman  filing  a  return  hereunder  shall also
26    include the total tax upon  the  selling  price  of  tangible
27    personal  property purchased for use by him as an incident to
28    a sale of service, and such serviceman shall remit the amount
29    of such tax to the Department when filing such return.
30        If experience indicates such action  to  be  practicable,
31    the  Department  may  prescribe  and furnish a combination or
32    joint return which will enable servicemen, who  are  required
33    to   file  returns  hereunder  and  also  under  the  Service
34    Occupation Tax Act, to furnish  all  the  return  information
HB0018 Enrolled             -41-               LRB9000201THgc
 1    required by both Acts on the one form.
 2        Where   the   serviceman   has  more  than  one  business
 3    registered with the Department  under  separate  registration
 4    hereunder, such serviceman shall not file each return that is
 5    due   as   a  single  return  covering  all  such  registered
 6    businesses, but shall file separate  returns  for  each  such
 7    registered business.
 8        Beginning  January  1,  1990,  each  month the Department
 9    shall pay into the State and Local Tax Reform Fund, a special
10    fund in the State Treasury, the net revenue realized for  the
11    preceding  month  from  the 1% tax on sales of food for human
12    consumption which is to be consumed off the premises where it
13    is sold (other than alcoholic beverages, soft drinks and food
14    which  has  been  prepared  for  immediate  consumption)  and
15    prescription and nonprescription  medicines,  drugs,  medical
16    appliances and insulin, urine testing materials, syringes and
17    needles used by diabetics.
18        Beginning  January  1,  1990,  each  month the Department
19    shall pay into the State and Local Sales Tax Reform Fund  20%
20    of  the net revenue realized for the preceding month from the
21    6.25%  general  rate  on  transfers  of   tangible   personal
22    property,  other  than  tangible  personal  property which is
23    purchased outside Illinois at  retail  from  a  retailer  and
24    which  is  titled  or registered by an agency of this State's
25    government.
26        Of the remainder of the moneys received by the Department
27    pursuant to this Act, (a)  1.75% thereof shall be  paid  into
28    the  Build  Illinois Fund and (b) prior to July 1, 1989, 2.2%
29    and on and after July 1, 1989, 3.8% thereof  shall  be   paid
30    into  the  Build Illinois Fund; provided, however, that if in
31    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
32    as the case may be, of the moneys received by the  Department
33    and required to be paid into the Build Illinois Fund pursuant
34    to  Section 3 of the Retailers' Occupation Tax Act, Section 9
HB0018 Enrolled             -42-               LRB9000201THgc
 1    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
 2    Section 9 of the Service Occupation Tax Act, such Acts  being
 3    hereinafter  called the "Tax Acts" and such aggregate of 2.2%
 4    or 3.8%, as the case may  be,  of  moneys  being  hereinafter
 5    called  the  "Tax Act Amount", and (2) the amount transferred
 6    to the Build Illinois Fund from the State and Local Sales Tax
 7    Reform Fund shall be less than the Annual  Specified   Amount
 8    (as  defined  in  Section  3 of the Retailers' Occupation Tax
 9    Act), an amount equal to the difference shall be  immediately
10    paid  into the Build Illinois Fund from other moneys received
11    by the Department pursuant  to  the  Tax  Acts;  and  further
12    provided,  that  if on the last business day of any month the
13    sum of (1) the Tax Act Amount required to be  deposited  into
14    the  Build  Illinois  Bond Account in the Build Illinois Fund
15    during such month and (2) the amount transferred during  such
16    month  to  the  Build  Illinois Fund from the State and Local
17    Sales Tax Reform Fund shall have been less than 1/12  of  the
18    Annual  Specified  Amount,  an amount equal to the difference
19    shall be immediately paid into the Build Illinois  Fund  from
20    other  moneys  received by the Department pursuant to the Tax
21    Acts; and, further provided,  that  in  no  event  shall  the
22    payments  required  under  the  preceding  proviso  result in
23    aggregate payments into the Build Illinois Fund  pursuant  to
24    this  clause (b) for any fiscal year in excess of the greater
25    of (i) the Tax Act Amount or (ii) the Annual Specified Amount
26    for such fiscal year; and, further provided, that the amounts
27    payable into the Build Illinois Fund under  this  clause  (b)
28    shall be payable only until such time as the aggregate amount
29    on  deposit  under each trust indenture securing Bonds issued
30    and outstanding pursuant to the Build Illinois  Bond  Act  is
31    sufficient, taking into account any future investment income,
32    to  fully provide, in accordance with such indenture, for the
33    defeasance of or the payment of the principal of, premium, if
34    any, and interest on the Bonds secured by such indenture  and
HB0018 Enrolled             -43-               LRB9000201THgc
 1    on  any  Bonds  expected to be issued thereafter and all fees
 2    and costs payable with respect thereto, all as  certified  by
 3    the  Director  of  the  Bureau of the Budget.  If on the last
 4    business day of any month  in  which  Bonds  are  outstanding
 5    pursuant to the Build Illinois Bond Act, the aggregate of the
 6    moneys  deposited  in  the Build Illinois Bond Account in the
 7    Build Illinois Fund in such month  shall  be  less  than  the
 8    amount  required  to  be  transferred  in such month from the
 9    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
10    Retirement  and  Interest  Fund pursuant to Section 13 of the
11    Build Illinois Bond Act, an amount equal to  such  deficiency
12    shall  be  immediately paid from other moneys received by the
13    Department pursuant to the Tax Acts  to  the  Build  Illinois
14    Fund;  provided,  however, that any amounts paid to the Build
15    Illinois Fund in any fiscal year pursuant  to  this  sentence
16    shall be deemed to constitute payments pursuant to clause (b)
17    of  the  preceding  sentence  and  shall  reduce  the  amount
18    otherwise payable for such fiscal year pursuant to clause (b)
19    of  the  preceding  sentence.   The  moneys  received  by the
20    Department pursuant to this Act and required to be  deposited
21    into the Build Illinois Fund are subject to the pledge, claim
22    and charge set forth in Section 12 of the Build Illinois Bond
23    Act.
24        Subject  to  payment  of  amounts into the Build Illinois
25    Fund as  provided  in  the  preceding  paragraph  or  in  any
26    amendment  thereto hereafter enacted, the following specified
27    monthly  installment  of  the   amount   requested   in   the
28    certificate  of  the  Chairman  of  the Metropolitan Pier and
29    Exposition Authority provided  under  Section  8.25f  of  the
30    State  Finance  Act, but not in excess of the sums designated
31    as "Total Deposit", shall be deposited in the aggregate  from
32    collections  under Section 9 of the Use Tax Act, Section 9 of
33    the Service Use Tax Act, Section 9 of the Service  Occupation
34    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
HB0018 Enrolled             -44-               LRB9000201THgc
 1    into the  McCormick  Place  Expansion  Project  Fund  in  the
 2    specified fiscal years.
 3          Fiscal Year                     Total Deposit
 4             1993                                   $0
 5             1994                           53,000,000
 6             1995                           58,000,000
 7             1996                           61,000,000
 8             1997                           64,000,000
 9             1998                           68,000,000
10             1999                           71,000,000
11             2000                           75,000,000
12             2001                           80,000,000
13             2002                           84,000,000
14             2003                           89,000,000
15             2004                           93,000,000
16             2005                           97,000,000
17             2006                           102,000,000
18             2007 and                       106,000,000
19        each fiscal year
20        thereafter that bonds
21        are outstanding under
22        Section 13.2 of the
23        Metropolitan Pier and
24        Exposition Authority Act,
25        but not after fiscal year 2029.
26        Beginning  July 20, 1993 and in each month of each fiscal
27    year thereafter, one-eighth of the amount  requested  in  the
28    certificate  of  the  Chairman  of  the Metropolitan Pier and
29    Exposition Authority for that fiscal year,  less  the  amount
30    deposited  into the McCormick Place Expansion Project Fund by
31    the State Treasurer in the respective month under  subsection
32    (g)  of  Section  13  of the Metropolitan Pier and Exposition
33    Authority Act, plus cumulative deficiencies in  the  deposits
34    required  under  this  Section for previous months and years,
HB0018 Enrolled             -45-               LRB9000201THgc
 1    shall be deposited into the McCormick Place Expansion Project
 2    Fund, until the full amount requested for  the  fiscal  year,
 3    but  not  in  excess  of the amount specified above as "Total
 4    Deposit", has been deposited.
 5        Subject to payment of amounts  into  the  Build  Illinois
 6    Fund  and the McCormick Place Expansion Project Fund pursuant
 7    to the preceding  paragraphs  or  in  any  amendment  thereto
 8    hereafter  enacted,  each month the Department shall pay into
 9    the Local  Government  Distributive  Fund  0.4%  of  the  net
10    revenue  realized for the preceding month from the 5% general
11    rate or 0.4% of 80% of  the  net  revenue  realized  for  the
12    preceding  month from the 6.25% general rate, as the case may
13    be, on the selling price of tangible personal property  which
14    amount  shall,  subject  to  appropriation, be distributed as
15    provided in Section 2 of the State Revenue  Sharing  Act.  No
16    payments or distributions pursuant to this paragraph shall be
17    made  if  the  tax  imposed  by  this Act on photo processing
18    products is declared unconstitutional,  or  if  the  proceeds
19    from  such  tax  are  unavailable for distribution because of
20    litigation.
21        Subject to payment of amounts  into  the  Build  Illinois
22    Fund,  the  McCormick  Place  Expansion Project Fund, and the
23    Local Government Distributive Fund pursuant to the  preceding
24    paragraphs  or  in  any amendments thereto hereafter enacted,
25    beginning July 1, 1993, the Department shall each  month  pay
26    into  the Illinois Tax Increment Fund 0.27% of 80% of the net
27    revenue realized for  the  preceding  month  from  the  6.25%
28    general  rate  on  the  selling  price  of  tangible personal
29    property.
30        All remaining moneys received by the Department  pursuant
31    to  this  Act  shall be paid into the General Revenue Fund of
32    the State Treasury.
33        As soon as possible after the first day  of  each  month,
34    upon   certification   of  the  Department  of  Revenue,  the
HB0018 Enrolled             -46-               LRB9000201THgc
 1    Comptroller shall order transferred and the  Treasurer  shall
 2    transfer  from the General Revenue Fund to the Motor Fuel Tax
 3    Fund an amount equal to  1.7%  of  80%  of  the  net  revenue
 4    realized  under  this  Act  for  the  second preceding month;
 5    except that this transfer shall not be made  for  the  months
 6    February through June, 1992.
 7        Net  revenue  realized  for  a month shall be the revenue
 8    collected by the State pursuant to this Act, less the  amount
 9    paid  out  during  that  month  as  refunds  to taxpayers for
10    overpayment of liability.
11    (Source: P.A. 88-45; 88-116; 88-669, eff.  11-29-94;  89-379,
12    eff. 1-1-96.)
13        Section 20.  The Service Occupation Tax Act is amended by
14    changing Section 9 as follows:
15        (35 ILCS 115/9) (from Ch. 120, par. 439.109)
16        Sec.  9.   Each  serviceman  required  or  authorized  to
17    collect  the  tax  herein imposed shall pay to the Department
18    the amount of such tax at the time when  he  is  required  to
19    file  his  return  for  the  period during which such tax was
20    collectible, less a discount of  2.1%  prior  to  January  1,
21    1990,  and  1.75%  on  and  after  January 1, 1990, or $5 per
22    calendar year, whichever is  greater,  which  is  allowed  to
23    reimburse  the serviceman for expenses incurred in collecting
24    the tax,  keeping  records,  preparing  and  filing  returns,
25    remitting  the  tax  and  supplying data to the Department on
26    request.
27        Where such tangible personal property  is  sold  under  a
28    conditional  sales  contract, or under any other form of sale
29    wherein the payment of the principal sum, or a part  thereof,
30    is  extended  beyond  the  close  of the period for which the
31    return is filed, the serviceman, in collecting  the  tax  may
32    collect,  for each tax return period, only the tax applicable
HB0018 Enrolled             -47-               LRB9000201THgc
 1    to the part of the selling  price  actually  received  during
 2    such tax return period.
 3        Except  as  provided  hereinafter  in this Section, on or
 4    before  the  twentieth  day  of  each  calendar  month,  such
 5    serviceman shall file a return  for  the  preceding  calendar
 6    month  in accordance with reasonable rules and regulations to
 7    be promulgated by the Department of  Revenue.    Such  return
 8    shall  be  filed  on  a form prescribed by the Department and
 9    shall  contain  such  information  as  the   Department   may
10    reasonably require.
11        The  Department  may  require  returns  to  be filed on a
12    quarterly basis.  If so required, a return for each  calendar
13    quarter  shall be filed on or before the twentieth day of the
14    calendar month following the end of  such  calendar  quarter.
15    The taxpayer shall also file a return with the Department for
16    each  of the first two months of each calendar quarter, on or
17    before the twentieth day of  the  following  calendar  month,
18    stating:
19             1.  The name of the seller;
20             2.  The  address  of the principal place of business
21        from which he engages in business as a serviceman in this
22        State;
23             3.  The total amount of taxable receipts received by
24        him  during  the  preceding  calendar  month,   including
25        receipts  from  charge  and  time  sales,  but  less  all
26        deductions allowed by law;
27             4.  The  amount  of credit provided in Section 2d of
28        this Act;
29             5.  The amount of tax due;
30             5-5.  The signature of the taxpayer; and
31             6.  Such  other  reasonable   information   as   the
32        Department may require.
33        If a taxpayer fails to sign a return within 30 days after
34    the proper notice and demand for signature by the Department,
HB0018 Enrolled             -48-               LRB9000201THgc
 1    the  return shall be considered valid and any amount shown to
 2    be due on the return shall be deemed assessed.
 3        A serviceman may accept a Manufacturer's Purchase  Credit
 4    certification from a purchaser in satisfaction of Service Use
 5    Tax as provided in Section 3-70 of the Service Use Tax Act if
 6    the  purchaser  provides  the  appropriate  documentation  as
 7    required  by  Section  3-70  of  the  Service Use Tax Act.  A
 8    Manufacturer's Purchase Credit certification, accepted  by  a
 9    serviceman as provided in Section 3-70 of the Service Use Tax
10    Act,  may  be  used  by  that  serviceman  to satisfy Service
11    Occupation  Tax  liability  in  the  amount  claimed  in  the
12    certification, not to exceed 6.25% of the receipts subject to
13    tax from a qualifying purchase.
14        If the serviceman's average monthly tax liability to  the
15    Department does not exceed $200, the Department may authorize
16    his  returns  to be filed on a quarter annual basis, with the
17    return for January, February and March of a given year  being
18    due  by April 20 of such year; with the return for April, May
19    and June of a given year being due by July 20 of  such  year;
20    with  the  return  for  July, August and September of a given
21    year being due by October 20  of  such  year,  and  with  the
22    return  for  October,  November  and December of a given year
23    being due by January 20 of the following year.
24        If the serviceman's average monthly tax liability to  the
25    Department  does not exceed $50, the Department may authorize
26    his returns to be filed on an annual basis, with  the  return
27    for  a  given  year  being due by January 20 of the following
28    year.
29        Such quarter annual and annual returns, as  to  form  and
30    substance,  shall  be  subject  to  the  same requirements as
31    monthly returns.
32        Notwithstanding  any  other   provision   in   this   Act
33    concerning  the  time  within which a serviceman may file his
34    return, in the case of any serviceman who ceases to engage in
HB0018 Enrolled             -49-               LRB9000201THgc
 1    a kind of business which makes  him  responsible  for  filing
 2    returns  under  this  Act, such serviceman shall file a final
 3    return under this Act with the Department  not  more  than  1
 4    month after discontinuing such business.
 5        Beginning  October 1, 1993, a taxpayer who has an average
 6    monthly tax liability of $150,000  or  more  shall  make  all
 7    payments  required  by  rules of the Department by electronic
 8    funds transfer.  Beginning October 1, 1994,  a  taxpayer  who
 9    has  an  average  monthly  tax  liability of $100,000 or more
10    shall make all payments required by rules of  the  Department
11    by  electronic  funds transfer.  Beginning October 1, 1995, a
12    taxpayer who has an average monthly tax liability of  $50,000
13    or  more  shall  make  all  payments required by rules of the
14    Department by electronic funds transfer.  The  term  "average
15    monthly  tax  liability"  means  the  sum  of  the taxpayer's
16    liabilities under this Act, and under  all  other  State  and
17    local  occupation  and  use  tax  laws  administered  by  the
18    Department,  for  the  immediately  preceding  calendar  year
19    divided by 12.
20        Before  August  1  of  each  year  beginning in 1993, the
21    Department  shall  notify  all  taxpayers  required  to  make
22    payments  by  electronic  funds  transfer.    All   taxpayers
23    required  to make payments by electronic funds transfer shall
24    make those payments for a minimum of one  year  beginning  on
25    October 1.
26        Any  taxpayer not required to make payments by electronic
27    funds transfer may make payments by electronic funds transfer
28    with the permission of the Department.
29        All taxpayers required  to  make  payment  by  electronic
30    funds  transfer  and  any taxpayers authorized to voluntarily
31    make payments by electronic funds transfer shall  make  those
32    payments in the manner authorized by the Department.
33        The Department shall adopt such rules as are necessary to
34    effectuate  a  program  of  electronic funds transfer and the
HB0018 Enrolled             -50-               LRB9000201THgc
 1    requirements of this Section.
 2        Where a serviceman collects the tax with respect  to  the
 3    selling  price  of  tangible personal property which he sells
 4    and the purchaser thereafter returns such  tangible  personal
 5    property and the serviceman refunds the selling price thereof
 6    to  the  purchaser, such serviceman shall also refund, to the
 7    purchaser, the tax so collected  from  the  purchaser.   When
 8    filing his return for the period in which he refunds such tax
 9    to the purchaser, the serviceman may deduct the amount of the
10    tax  so  refunded  by  him  to  the  purchaser from any other
11    Service  Occupation  Tax,   Service   Use   Tax,   Retailers'
12    Occupation  Tax  or  Use  Tax  which  such  serviceman may be
13    required to pay or remit to the Department, as shown by  such
14    return,  provided  that  the amount of the tax to be deducted
15    shall previously have been remitted to the Department by such
16    serviceman.  If the  serviceman  shall  not  previously  have
17    remitted  the  amount of such tax to the Department, he shall
18    be entitled to no deduction hereunder upon refunding such tax
19    to the purchaser.
20        If experience indicates such action  to  be  practicable,
21    the  Department  may  prescribe  and furnish a combination or
22    joint return which will enable servicemen, who  are  required
23    to  file  returns  hereunder  and  also  under the Retailers'
24    Occupation Tax Act, the Use Tax Act or the  Service  Use  Tax
25    Act,  to  furnish  all the return information required by all
26    said Acts on the one form.
27        Where  the  serviceman  has  more   than   one   business
28    registered  with  the Department under separate registrations
29    hereunder, such serviceman shall file  separate  returns  for
30    each registered business.
31        Beginning  January  1,  1990,  each  month the Department
32    shall pay into the Local  Government  Tax  Fund  the  revenue
33    realized  for the preceding month from the 1% tax on sales of
34    food for human consumption which is to be  consumed  off  the
HB0018 Enrolled             -51-               LRB9000201THgc
 1    premises  where  it  is sold (other than alcoholic beverages,
 2    soft drinks and food which has been  prepared  for  immediate
 3    consumption)  and prescription and nonprescription medicines,
 4    drugs,  medical  appliances  and   insulin,   urine   testing
 5    materials, syringes and needles used by diabetics.
 6        Beginning  January  1,  1990,  each  month the Department
 7    shall pay into the County and Mass Transit District  Fund  4%
 8    of  the  revenue  realized  for  the preceding month from the
 9    6.25% general rate.
10        Beginning January 1,  1990,  each  month  the  Department
11    shall  pay  into  the  Local  Government  Tax Fund 16% of the
12    revenue realized for  the  preceding  month  from  the  6.25%
13    general rate on transfers of tangible personal property.
14        Of the remainder of the moneys received by the Department
15    pursuant  to  this  Act, (a) 1.75% thereof shall be paid into
16    the Build Illinois Fund and (b) prior to July 1,  1989,  2.2%
17    and  on  and  after  July 1, 1989, 3.8% thereof shall be paid
18    into the Build Illinois Fund; provided, however, that  if  in
19    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
20    as  the case may be, of the moneys received by the Department
21    and required to be paid into the Build Illinois Fund pursuant
22    to Section 3 of the Retailers' Occupation Tax Act, Section  9
23    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
24    Section  9 of the Service Occupation Tax Act, such Acts being
25    hereinafter called the "Tax Acts" and such aggregate of  2.2%
26    or  3.8%,  as  the  case  may be, of moneys being hereinafter
27    called the "Tax Act Amount", and (2) the  amount  transferred
28    to the Build Illinois Fund from the State and Local Sales Tax
29    Reform  Fund  shall  be less than the Annual Specified Amount
30    (as defined in Section 3 of  the  Retailers'  Occupation  Tax
31    Act),  an amount equal to the difference shall be immediately
32    paid into the Build Illinois Fund from other moneys  received
33    by  the  Department  pursuant  to  the  Tax Acts; and further
34    provided, that if on the last business day of any  month  the
HB0018 Enrolled             -52-               LRB9000201THgc
 1    sum  of  (1) the Tax Act Amount required to be deposited into
 2    the Build Illinois Account in the Build Illinois Fund  during
 3    such  month  and (2) the amount transferred during such month
 4    to the Build Illinois Fund from the State and Local Sales Tax
 5    Reform Fund shall have been less  than  1/12  of  the  Annual
 6    Specified  Amount, an amount equal to the difference shall be
 7    immediately paid into the  Build  Illinois  Fund  from  other
 8    moneys  received  by the Department pursuant to the Tax Acts;
 9    and, further provided, that in no event  shall  the  payments
10    required  under  the  preceding  proviso  result in aggregate
11    payments into the Build Illinois Fund pursuant to this clause
12    (b) for any fiscal year in excess of the greater of  (i)  the
13    Tax  Act  Amount or (ii) the Annual Specified Amount for such
14    fiscal year; and, further provided, that the amounts  payable
15    into  the  Build Illinois Fund under this clause (b) shall be
16    payable only until such  time  as  the  aggregate  amount  on
17    deposit  under each trust indenture securing Bonds issued and
18    outstanding pursuant  to  the  Build  Illinois  Bond  Act  is
19    sufficient, taking into account any future investment income,
20    to  fully provide, in accordance with such indenture, for the
21    defeasance of or the payment of the principal of, premium, if
22    any, and interest on the Bonds secured by such indenture  and
23    on  any  Bonds  expected to be issued thereafter and all fees
24    and costs payable with respect thereto, all as  certified  by
25    the  Director  of  the  Bureau of the Budget.  If on the last
26    business day of any month  in  which  Bonds  are  outstanding
27    pursuant to the Build Illinois Bond Act, the aggregate of the
28    moneys  deposited  in  the Build Illinois Bond Account in the
29    Build Illinois Fund in such month  shall  be  less  than  the
30    amount  required  to  be  transferred  in such month from the
31    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
32    Retirement  and  Interest  Fund pursuant to Section 13 of the
33    Build Illinois Bond Act, an amount equal to  such  deficiency
34    shall  be  immediately paid from other moneys received by the
HB0018 Enrolled             -53-               LRB9000201THgc
 1    Department pursuant to the Tax Acts  to  the  Build  Illinois
 2    Fund;  provided,  however, that any amounts paid to the Build
 3    Illinois Fund in any fiscal year pursuant  to  this  sentence
 4    shall be deemed to constitute payments pursuant to clause (b)
 5    of  the  preceding  sentence  and  shall  reduce  the  amount
 6    otherwise payable for such fiscal year pursuant to clause (b)
 7    of  the  preceding  sentence.   The  moneys  received  by the
 8    Department pursuant to this Act and required to be  deposited
 9    into the Build Illinois Fund are subject to the pledge, claim
10    and charge set forth in Section 12 of the Build Illinois Bond
11    Act.
12        Subject  to  payment  of  amounts into the Build Illinois
13    Fund as  provided  in  the  preceding  paragraph  or  in  any
14    amendment  thereto hereafter enacted, the following specified
15    monthly  installment  of  the   amount   requested   in   the
16    certificate  of  the  Chairman  of  the Metropolitan Pier and
17    Exposition Authority provided  under  Section  8.25f  of  the
18    State  Finance  Act, but not in excess of the sums designated
19    as "Total Deposit", shall be deposited in the aggregate  from
20    collections  under Section 9 of the Use Tax Act, Section 9 of
21    the Service Use Tax Act, Section 9 of the Service  Occupation
22    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
23    into the  McCormick  Place  Expansion  Project  Fund  in  the
24    specified fiscal years.
25             Fiscal Year                   Total Deposit
26                 1993                            $0
27                 1994                        53,000,000
28                 1995                        58,000,000
29                 1996                        61,000,000
30                 1997                        64,000,000
31                 1998                        68,000,000
32                 1999                        71,000,000
33                 2000                        75,000,000
34                 2001                        80,000,000
HB0018 Enrolled             -54-               LRB9000201THgc
 1                 2002                        84,000,000
 2                 2003                        89,000,000
 3                 2004                        93,000,000
 4                 2005                        97,000,000
 5                 2006                       102,000,000
 6               2007 and                     106,000,000
 7        each fiscal year
 8        thereafter that bonds
 9        are outstanding under
10        Section 13.2 of the
11        Metropolitan Pier and
12        Exposition Authority
13        Act, but not after fiscal year 2029.
14        Beginning  July 20, 1993 and in each month of each fiscal
15    year thereafter, one-eighth of the amount  requested  in  the
16    certificate  of  the  Chairman  of  the Metropolitan Pier and
17    Exposition Authority for that fiscal year,  less  the  amount
18    deposited  into the McCormick Place Expansion Project Fund by
19    the State Treasurer in the respective month under  subsection
20    (g)  of  Section  13  of the Metropolitan Pier and Exposition
21    Authority Act, plus cumulative deficiencies in  the  deposits
22    required  under  this  Section for previous months and years,
23    shall be deposited into the McCormick Place Expansion Project
24    Fund, until the full amount requested for  the  fiscal  year,
25    but  not  in  excess  of the amount specified above as "Total
26    Deposit", has been deposited.
27        Subject to payment of amounts  into  the  Build  Illinois
28    Fund  and the McCormick Place Expansion Project Fund pursuant
29    to the preceding  paragraphs  or  in  any  amendment  thereto
30    hereafter  enacted,  each month the Department shall pay into
31    the Local  Government  Distributive  Fund  0.4%  of  the  net
32    revenue  realized for the preceding month from the 5% general
33    rate or 0.4% of 80% of  the  net  revenue  realized  for  the
34    preceding  month from the 6.25% general rate, as the case may
HB0018 Enrolled             -55-               LRB9000201THgc
 1    be, on the selling price of tangible personal property  which
 2    amount  shall,  subject  to  appropriation, be distributed as
 3    provided in Section 2 of the State Revenue Sharing  Act.   No
 4    payments or distributions pursuant to this paragraph shall be
 5    made  if  the  tax  imposed  by  this  Act on photoprocessing
 6    products is declared unconstitutional,  or  if  the  proceeds
 7    from  such  tax  are  unavailable for distribution because of
 8    litigation.
 9        Subject to payment of amounts  into  the  Build  Illinois
10    Fund,  the  McCormick  Place  Expansion Project Fund, and the
11    Local Government Distributive Fund pursuant to the  preceding
12    paragraphs  or  in  any amendments thereto hereafter enacted,
13    beginning July 1, 1993, the Department shall each  month  pay
14    into  the Illinois Tax Increment Fund 0.27% of 80% of the net
15    revenue realized for  the  preceding  month  from  the  6.25%
16    general  rate  on  the  selling  price  of  tangible personal
17    property.
18        Remaining moneys received by the Department  pursuant  to
19    this  Act  shall be paid into the General Revenue Fund of the
20    State Treasury.
21        The Department may, upon separate  written  notice  to  a
22    taxpayer,  require  the taxpayer to prepare and file with the
23    Department on a form prescribed by the Department within  not
24    less  than  60  days  after  receipt  of the notice an annual
25    information return for the tax year specified in the  notice.
26    Such   annual  return  to  the  Department  shall  include  a
27    statement of gross receipts as shown by the  taxpayer's  last
28    Federal  income  tax  return.   If  the total receipts of the
29    business as reported in the Federal income tax return do  not
30    agree  with  the gross receipts reported to the Department of
31    Revenue for the same period, the taxpayer shall attach to his
32    annual return a schedule showing a reconciliation  of  the  2
33    amounts  and  the reasons for the difference.  The taxpayer's
34    annual return to the Department shall also disclose the  cost
HB0018 Enrolled             -56-               LRB9000201THgc
 1    of goods sold by the taxpayer during the year covered by such
 2    return,  opening  and  closing  inventories of such goods for
 3    such year, cost of goods used from stock or taken from  stock
 4    and  given  away  by  the taxpayer during such year, pay roll
 5    information of the taxpayer's business during such  year  and
 6    any  additional  reasonable  information which the Department
 7    deems would be helpful in determining  the  accuracy  of  the
 8    monthly,  quarterly  or annual returns filed by such taxpayer
 9    as hereinbefore provided for in this Section.
10        If the annual information return required by this Section
11    is not filed when and as  required,  the  taxpayer  shall  be
12    liable as follows:
13             (i)  Until  January  1,  1994, the taxpayer shall be
14        liable for a penalty equal to 1/6 of 1% of  the  tax  due
15        from such taxpayer under this Act during the period to be
16        covered  by  the annual return for each month or fraction
17        of a month until such return is filed  as  required,  the
18        penalty  to  be assessed and collected in the same manner
19        as any other penalty provided for in this Act.
20             (ii)  On and after January  1,  1994,  the  taxpayer
21        shall be liable for a penalty as described in Section 3-4
22        of the Uniform Penalty and Interest Act.
23        The chief executive officer, proprietor, owner or highest
24    ranking  manager  shall sign the annual return to certify the
25    accuracy of the information contained  therein.   Any  person
26    who  willfully  signs  the  annual return containing false or
27    inaccurate  information  shall  be  guilty  of  perjury   and
28    punished  accordingly.   The annual return form prescribed by
29    the Department  shall  include  a  warning  that  the  person
30    signing the return may be liable for perjury.
31        The  foregoing  portion  of  this  Section concerning the
32    filing of an annual information return shall not apply  to  a
33    serviceman  who  is not required to file an income tax return
34    with the United States Government.
HB0018 Enrolled             -57-               LRB9000201THgc
 1        As soon as possible after the first day  of  each  month,
 2    upon   certification   of  the  Department  of  Revenue,  the
 3    Comptroller shall order transferred and the  Treasurer  shall
 4    transfer  from the General Revenue Fund to the Motor Fuel Tax
 5    Fund an amount equal to  1.7%  of  80%  of  the  net  revenue
 6    realized  under  this  Act  for  the  second preceding month;
 7    except that this transfer shall not be made  for  the  months
 8    February through June, 1992.
 9        Net  revenue  realized  for  a month shall be the revenue
10    collected by the State pursuant to this Act, less the  amount
11    paid  out  during  that  month  as  refunds  to taxpayers for
12    overpayment of liability.
13        For greater simplicity of  administration,  it  shall  be
14    permissible  for  manufacturers,  importers  and  wholesalers
15    whose  products  are sold by numerous servicemen in Illinois,
16    and who wish to do  so,  to  assume  the  responsibility  for
17    accounting  and  paying  to  the  Department all tax accruing
18    under this Act with respect to such sales, if the  servicemen
19    who  are  affected  do  not  make  written  objection  to the
20    Department to this arrangement.
21    (Source: P.A. 88-45; 88-116; 88-547,  eff.  6-30-94;  88-669,
22    eff.  11-29-94;  89-89,  eff.  6-30-95;  89-235, eff. 8-4-95;
23    89-379, eff. 1-1-96; 89-626, eff. 8-9-96.)
24        Section 25.  The Retailer's Occupation Tax Act is amended
25    by changing Section 3 as follows:
26        (35 ILCS 120/3) (from Ch. 120, par. 442)
27        (Text of Section before amendment by P.A. 90-491)
28        Sec. 3.  Except as provided in this Section, on or before
29    the twentieth  day  of  each  calendar  month,  every  person
30    engaged in the business of selling tangible personal property
31    at  retail  in this State during the preceding calendar month
32    shall file a return with the Department, stating:
HB0018 Enrolled             -58-               LRB9000201THgc
 1             1.  The name of the seller;
 2             2.  His residence address and  the  address  of  his
 3        principal  place  of  business  and  the  address  of the
 4        principal place of  business  (if  that  is  a  different
 5        address) from which he engages in the business of selling
 6        tangible personal property at retail in this State;
 7             3.  Total  amount of receipts received by him during
 8        the preceding calendar month or quarter, as the case  may
 9        be,  from  sales  of tangible personal property, and from
10        services furnished, by him during such preceding calendar
11        month or quarter;
12             4.  Total  amount  received  by   him   during   the
13        preceding  calendar  month  or quarter on charge and time
14        sales of tangible personal property,  and  from  services
15        furnished, by him prior to the month or quarter for which
16        the return is filed;
17             5.  Deductions allowed by law;
18             6.  Gross receipts which were received by him during
19        the  preceding  calendar  month  or  quarter and upon the
20        basis of which the tax is imposed;
21             7.  The amount of credit provided in Section  2d  of
22        this Act;
23             8.  The amount of tax due;
24             9.  The signature of the taxpayer; and
25             10.  Such   other   reasonable  information  as  the
26        Department may require.
27        If a taxpayer fails to sign a return within 30 days after
28    the proper notice and demand for signature by the Department,
29    the return shall be considered valid and any amount shown  to
30    be due on the return shall be deemed assessed.
31        Each  return  shall  be  accompanied  by the statement of
32    prepaid tax issued pursuant to Section 2e for which credit is
33    claimed.
34        A retailer may accept a  Manufacturer's  Purchase  Credit
HB0018 Enrolled             -59-               LRB9000201THgc
 1    certification  from a purchaser in satisfaction of Use Tax as
 2    provided in Section 3-85 of the Use Tax Act if the  purchaser
 3    provides the appropriate documentation as required by Section
 4    3-85  of  the  Use Tax Act.  A Manufacturer's Purchase Credit
 5    certification, accepted by a retailer as provided in  Section
 6    3-85  of  the  Use  Tax  Act, may be used by that retailer to
 7    satisfy Retailers' Occupation Tax  liability  in  the  amount
 8    claimed  in  the  certification,  not  to exceed 6.25% of the
 9    receipts subject to tax from a qualifying purchase.
10        The Department may require  returns  to  be  filed  on  a
11    quarterly  basis.  If so required, a return for each calendar
12    quarter shall be filed on or before the twentieth day of  the
13    calendar  month  following  the end of such calendar quarter.
14    The taxpayer shall also file a return with the Department for
15    each of the first two months of each calendar quarter, on  or
16    before  the  twentieth  day  of the following calendar month,
17    stating:
18             1.  The name of the seller;
19             2.  The address of the principal place  of  business
20        from which he engages in the business of selling tangible
21        personal property at retail in this State;
22             3.  The total amount of taxable receipts received by
23        him  during  the  preceding  calendar month from sales of
24        tangible personal property by him during  such  preceding
25        calendar  month,  including receipts from charge and time
26        sales, but less all deductions allowed by law;
27             4.  The amount of credit provided in Section  2d  of
28        this Act;
29             5.  The amount of tax due; and
30             6.  Such   other   reasonable   information  as  the
31        Department may require.
32        If a total amount of less than $1 is payable,  refundable
33    or creditable, such amount shall be disregarded if it is less
34    than  50 cents and shall be increased to $1 if it is 50 cents
HB0018 Enrolled             -60-               LRB9000201THgc
 1    or more.
 2        Beginning October 1, 1993, a taxpayer who has an  average
 3    monthly  tax  liability  of  $150,000  or more shall make all
 4    payments required by rules of the  Department  by  electronic
 5    funds  transfer.   Beginning  October 1, 1994, a taxpayer who
 6    has an average monthly tax  liability  of  $100,000  or  more
 7    shall  make  all payments required by rules of the Department
 8    by electronic funds transfer.  Beginning October 1,  1995,  a
 9    taxpayer  who has an average monthly tax liability of $50,000
10    or more shall make all payments  required  by  rules  of  the
11    Department  by  electronic funds transfer.  The term "average
12    monthly tax liability" shall be the  sum  of  the  taxpayer's
13    liabilities  under  this  Act,  and under all other State and
14    local  occupation  and  use  tax  laws  administered  by  the
15    Department,  for  the  immediately  preceding  calendar  year
16    divided by 12.
17        Before August 1 of  each  year  beginning  in  1993,  the
18    Department  shall  notify  all  taxpayers  required  to  make
19    payments   by   electronic  funds  transfer.   All  taxpayers
20    required to make payments by electronic funds transfer  shall
21    make  those  payments  for a minimum of one year beginning on
22    October 1.
23        Any taxpayer not required to make payments by  electronic
24    funds transfer may make payments by electronic funds transfer
25    with the permission of the Department.
26        All  taxpayers  required  to  make  payment by electronic
27    funds transfer and any taxpayers  authorized  to  voluntarily
28    make  payments  by electronic funds transfer shall make those
29    payments in the manner authorized by the Department.
30        The Department shall adopt such rules as are necessary to
31    effectuate a program of electronic  funds  transfer  and  the
32    requirements of this Section.
33        Any  amount  which is required to be shown or reported on
34    any return or other document under this Act  shall,  if  such
HB0018 Enrolled             -61-               LRB9000201THgc
 1    amount  is  not  a  whole-dollar  amount, be increased to the
 2    nearest whole-dollar amount in any case where the  fractional
 3    part  of  a  dollar is 50 cents or more, and decreased to the
 4    nearest whole-dollar amount where the fractional  part  of  a
 5    dollar is less than 50 cents.
 6        If  the  retailer is otherwise required to file a monthly
 7    return and if the retailer's average monthly tax liability to
 8    the Department does  not  exceed  $200,  the  Department  may
 9    authorize  his returns to be filed on a quarter annual basis,
10    with the return for January, February and March  of  a  given
11    year  being due by April 20 of such year; with the return for
12    April, May and June of a given year being due by July  20  of
13    such  year; with the return for July, August and September of
14    a given year being due by October 20 of such year,  and  with
15    the return for October, November and December of a given year
16    being due by January 20 of the following year.
17        If  the  retailer is otherwise required to file a monthly
18    or quarterly return and if the retailer's average monthly tax
19    liability with  the  Department  does  not  exceed  $50,  the
20    Department may authorize his returns to be filed on an annual
21    basis,  with the return for a given year being due by January
22    20 of the following year.
23        Such quarter annual and annual returns, as  to  form  and
24    substance,  shall  be  subject  to  the  same requirements as
25    monthly returns.
26        Notwithstanding  any  other   provision   in   this   Act
27    concerning  the  time  within  which  a retailer may file his
28    return, in the case of any retailer who ceases to engage in a
29    kind of business  which  makes  him  responsible  for  filing
30    returns  under  this  Act,  such  retailer shall file a final
31    return under this Act with the Department not more  than  one
32    month after discontinuing such business.
33        Where   the  same  person  has  more  than  one  business
34    registered with the Department under  separate  registrations
HB0018 Enrolled             -62-               LRB9000201THgc
 1    under  this Act, such person may not file each return that is
 2    due  as  a  single  return  covering  all   such   registered
 3    businesses,  but  shall  file  separate returns for each such
 4    registered business.
 5        In addition, with respect to motor vehicles,  watercraft,
 6    aircraft,  and  trailers  that  are required to be registered
 7    with an agency of this State,  every  retailer  selling  this
 8    kind  of  tangible  personal  property  shall  file, with the
 9    Department, upon a form to be prescribed and supplied by  the
10    Department,  a separate return for each such item of tangible
11    personal property  which  the  retailer  sells,  except  that
12    where,  in  the  same  transaction,  a  retailer of aircraft,
13    watercraft, motor vehicles or trailers  transfers  more  than
14    one aircraft, watercraft, motor vehicle or trailer to another
15    aircraft,  watercraft,  motor  vehicle  retailer  or  trailer
16    retailer  for  the  purpose of resale, that seller for resale
17    may report the transfer of all  aircraft,  watercraft,  motor
18    vehicles  or  trailers  involved  in  that transaction to the
19    Department on the same uniform invoice-transaction  reporting
20    return  form.   For  purposes  of  this Section, "watercraft"
21    means a Class 2, Class 3, or Class 4 watercraft as defined in
22    Section 3-2 of  the  Boat  Registration  and  Safety  Act,  a
23    personal  watercraft,  or  any  boat equipped with an inboard
24    motor.
25        Any retailer who sells only motor  vehicles,  watercraft,
26    aircraft, or trailers that are required to be registered with
27    an  agency  of  this State, so that all retailers' occupation
28    tax liability is required to be reported, and is reported, on
29    such transaction reporting returns and who is  not  otherwise
30    required  to file monthly or quarterly returns, need not file
31    monthly or quarterly returns.  However, those retailers shall
32    be required to file returns on an annual basis.
33        The transaction reporting return, in the  case  of  motor
34    vehicles  or trailers that are required to be registered with
HB0018 Enrolled             -63-               LRB9000201THgc
 1    an agency of this State, shall be the same  document  as  the
 2    Uniform  Invoice referred to in Section 5-402 of The Illinois
 3    Vehicle Code and must  show  the  name  and  address  of  the
 4    seller;  the name and address of the purchaser; the amount of
 5    the  selling  price  including  the  amount  allowed  by  the
 6    retailer for traded-in property, if any; the  amount  allowed
 7    by the retailer for the traded-in tangible personal property,
 8    if  any,  to the extent to which Section 1 of this Act allows
 9    an exemption for the value of traded-in property; the balance
10    payable after deducting  such  trade-in  allowance  from  the
11    total  selling price; the amount of tax due from the retailer
12    with respect to such transaction; the amount of tax collected
13    from the purchaser by the retailer on  such  transaction  (or
14    satisfactory  evidence  that  such  tax  is  not  due in that
15    particular instance, if that is claimed to be the fact);  the
16    place  and  date  of the sale; a sufficient identification of
17    the property sold; such other information as is  required  in
18    Section  5-402  of  The Illinois Vehicle Code, and such other
19    information as the Department may reasonably require.
20        The  transaction  reporting  return  in   the   case   of
21    watercraft  or aircraft must show the name and address of the
22    seller; the name and address of the purchaser; the amount  of
23    the  selling  price  including  the  amount  allowed  by  the
24    retailer  for  traded-in property, if any; the amount allowed
25    by the retailer for the traded-in tangible personal property,
26    if any, to the extent to which Section 1 of this  Act  allows
27    an exemption for the value of traded-in property; the balance
28    payable  after  deducting  such  trade-in  allowance from the
29    total selling price; the amount of tax due from the  retailer
30    with respect to such transaction; the amount of tax collected
31    from  the  purchaser  by the retailer on such transaction (or
32    satisfactory evidence that  such  tax  is  not  due  in  that
33    particular  instance, if that is claimed to be the fact); the
34    place and date of the sale, a  sufficient  identification  of
HB0018 Enrolled             -64-               LRB9000201THgc
 1    the   property  sold,  and  such  other  information  as  the
 2    Department may reasonably require.
 3        Such transaction reporting  return  shall  be  filed  not
 4    later than 20 days after the day of delivery of the item that
 5    is  being  sold, but may be filed by the retailer at any time
 6    sooner than that if he chooses to  do  so.   The  transaction
 7    reporting  return  and  tax  remittance or proof of exemption
 8    from  the  Illinois  use  tax  may  be  transmitted  to   the
 9    Department  by  way  of the State agency with which, or State
10    officer with whom the  tangible  personal  property  must  be
11    titled or registered (if titling or registration is required)
12    if  the Department and such agency or State officer determine
13    that  this  procedure  will  expedite   the   processing   of
14    applications for title or registration.
15        With each such transaction reporting return, the retailer
16    shall  remit  the  proper  amount of tax due (or shall submit
17    satisfactory evidence that the sale is not taxable if that is
18    the case), to the Department or  its  agents,  whereupon  the
19    Department  shall  issue,  in the purchaser's name, a use tax
20    receipt (or a certificate of exemption if the  Department  is
21    satisfied  that the particular sale is tax exempt) which such
22    purchaser may submit to  the  agency  with  which,  or  State
23    officer  with  whom,  he  must title or register the tangible
24    personal  property  that   is   involved   (if   titling   or
25    registration  is  required)  in  support  of such purchaser's
26    application for an Illinois certificate or other evidence  of
27    title or registration to such tangible personal property.
28        No  retailer's failure or refusal to remit tax under this
29    Act precludes a user, who has paid  the  proper  tax  to  the
30    retailer,  from  obtaining  his certificate of title or other
31    evidence of title or registration (if titling or registration
32    is required) upon satisfying the Department  that  such  user
33    has paid the proper tax (if tax is due) to the retailer.  The
34    Department  shall  adopt  appropriate  rules to carry out the
HB0018 Enrolled             -65-               LRB9000201THgc
 1    mandate of this paragraph.
 2        If the user who would otherwise pay tax to  the  retailer
 3    wants  the transaction reporting return filed and the payment
 4    of the tax or proof  of  exemption  made  to  the  Department
 5    before the retailer is willing to take these actions and such
 6    user  has  not  paid  the  tax to the retailer, such user may
 7    certify to the fact of such delay by  the  retailer  and  may
 8    (upon  the  Department  being  satisfied of the truth of such
 9    certification)  transmit  the  information  required  by  the
10    transaction reporting return and the remittance  for  tax  or
11    proof  of exemption directly to the Department and obtain his
12    tax receipt or exemption determination, in  which  event  the
13    transaction  reporting  return  and  tax remittance (if a tax
14    payment was required) shall be credited by the Department  to
15    the  proper  retailer's  account  with  the  Department,  but
16    without  the  2.1%  or  1.75%  discount  provided for in this
17    Section being allowed.  When the user pays the  tax  directly
18    to  the  Department,  he shall pay the tax in the same amount
19    and in the same form in which it would be remitted if the tax
20    had been remitted to the Department by the retailer.
21        Refunds made by the seller during  the  preceding  return
22    period   to  purchasers,  on  account  of  tangible  personal
23    property returned to  the  seller,  shall  be  allowed  as  a
24    deduction  under  subdivision  5  of his monthly or quarterly
25    return,  as  the  case  may  be,  in  case  the  seller   had
26    theretofore  included  the  receipts  from  the  sale of such
27    tangible personal property in a return filed by him  and  had
28    paid  the  tax  imposed  by  this  Act  with  respect to such
29    receipts.
30        Where the seller is a corporation, the  return  filed  on
31    behalf  of such corporation shall be signed by the president,
32    vice-president, secretary or treasurer  or  by  the  properly
33    accredited agent of such corporation.
34        Where  the  seller  is  a  limited liability company, the
HB0018 Enrolled             -66-               LRB9000201THgc
 1    return filed on behalf of the limited liability company shall
 2    be signed by a manager, member, or properly accredited  agent
 3    of the limited liability company.
 4        Except  as  provided in this Section, the retailer filing
 5    the return under this Section shall, at the  time  of  filing
 6    such  return, pay to the Department the amount of tax imposed
 7    by this Act less a discount of 2.1% prior to January 1,  1990
 8    and  1.75%  on  and after January 1, 1990, or $5 per calendar
 9    year, whichever is greater, which is allowed to reimburse the
10    retailer  for  the  expenses  incurred  in  keeping  records,
11    preparing and filing returns, remitting the tax and supplying
12    data to the  Department  on  request.   Any  prepayment  made
13    pursuant  to  Section 2d of this Act shall be included in the
14    amount on which such 2.1% or 1.75% discount is computed.   In
15    the  case  of  retailers  who  report  and  pay  the tax on a
16    transaction  by  transaction  basis,  as  provided  in   this
17    Section,  such  discount  shall  be  taken with each such tax
18    remittance instead of when such retailer files  his  periodic
19    return.
20        If  the  taxpayer's  average monthly tax liability to the
21    Department under this Act,  the  Use  Tax  Act,  the  Service
22    Occupation  Tax  Act,  and the Service Use Tax Act, excluding
23    any liability  for  prepaid  sales  tax  to  be  remitted  in
24    accordance  with  Section 2d of this Act, was $10,000 or more
25    during the preceding 4 complete calendar quarters,  he  shall
26    file  a return with the Department each month by the 20th day
27    of the month next following the month during which  such  tax
28    liability   is  incurred  and  shall  make  payments  to  the
29    Department on or before the 7th, 15th, 22nd and last  day  of
30    the  month  during  which such liability is incurred.  If the
31    month during which such tax liability is incurred began prior
32    to January 1, 1985, each payment shall be in an amount  equal
33    to 1/4 of the taxpayer's actual liability for the month or an
34    amount set by the Department not to exceed 1/4 of the average
HB0018 Enrolled             -67-               LRB9000201THgc
 1    monthly  liability  of the taxpayer to the Department for the
 2    preceding 4 complete calendar quarters (excluding  the  month
 3    of  highest  liability  and  the month of lowest liability in
 4    such 4 quarter period).  If the month during which  such  tax
 5    liability  is incurred begins on or after January 1, 1985 and
 6    prior to January 1, 1987, each payment shall be in an  amount
 7    equal  to  22.5%  of  the taxpayer's actual liability for the
 8    month or 27.5% of  the  taxpayer's  liability  for  the  same
 9    calendar  month  of  the preceding year.  If the month during
10    which such tax liability  is  incurred  begins  on  or  after
11    January  1,  1987  and prior to January 1, 1988, each payment
12    shall be in an amount equal to 22.5% of the taxpayer's actual
13    liability for the month or 26.25% of the taxpayer's liability
14    for the same calendar month of the preceding  year.   If  the
15    month  during  which such tax liability is incurred begins on
16    or after January 1, 1988, and prior to January  1,  1989,  or
17    begins  on or after January 1, 1996, each payment shall be in
18    an amount equal to 22.5% of the taxpayer's  actual  liability
19    for the month or 25% of the taxpayer's liability for the same
20    calendar  month  of  the  preceding year. If the month during
21    which such tax liability  is  incurred  begins  on  or  after
22    January  1,  1989, and prior to January 1, 1996, each payment
23    shall be in an amount equal to 22.5% of the taxpayer's actual
24    liability for the month or 25% of  the  taxpayer's  liability
25    for  the same calendar month of the preceding year or 100% of
26    the taxpayer's  actual  liability  for  the  quarter  monthly
27    reporting   period.   The  amount  of  such  quarter  monthly
28    payments shall be credited against the final tax liability of
29    the taxpayer's return for that month.  Once  applicable,  the
30    requirement  of the making of quarter monthly payments to the
31    Department  by  taxpayers  having  an  average  monthly   tax
32    liability  of  $10,000  or  more  as determined in the manner
33    provided above shall continue until such  taxpayer's  average
34    monthly  liability  to  the Department during the preceding 4
HB0018 Enrolled             -68-               LRB9000201THgc
 1    complete calendar quarters (excluding the  month  of  highest
 2    liability  and  the  month  of lowest liability) is less than
 3    $9,000, or until such taxpayer's average monthly liability to
 4    the Department as computed for each calendar quarter of the 4
 5    preceding complete  calendar  quarter  period  is  less  than
 6    $10,000.  However, if a taxpayer can show the Department that
 7    a  substantial change in the taxpayer's business has occurred
 8    which causes the taxpayer  to  anticipate  that  his  average
 9    monthly  tax  liability for the reasonably foreseeable future
10    will fall below $10,000, then such taxpayer may petition  the
11    Department  for a change in such taxpayer's reporting status.
12    The Department shall change such taxpayer's reporting  status
13    unless  it  finds  that such change is seasonal in nature and
14    not likely to be long term.   If  any  such  quarter  monthly
15    payment  is not paid at the time or in the amount required by
16    this Section, then the  taxpayer's  2.1%  or  1.75%  vendors'
17    discount  shall be reduced by 2.1% or 1.75% of the difference
18    between the minimum amount due as a payment and the amount of
19    such quarter monthly payment actually and  timely  paid,  and
20    the  taxpayer  shall  be liable for penalties and interest on
21    such  difference,  except  insofar  as   the   taxpayer   has
22    previously  made payments for that month to the Department in
23    excess of the minimum payments previously due as provided  in
24    this Section.  The Department shall make reasonable rules and
25    regulations  to govern the quarter monthly payment amount and
26    quarter monthly payment dates for taxpayers who file on other
27    than a calendar monthly basis.
28        Without regard to whether a taxpayer is required to  make
29    quarter monthly payments as specified above, any taxpayer who
30    is  required  by  Section 2d of this Act to collect and remit
31    prepaid taxes and has collected prepaid taxes  which  average
32    in  excess  of  $25,000  per  month  during  the  preceding 2
33    complete calendar quarters, shall  file  a  return  with  the
34    Department  as required by Section 2f and shall make payments
HB0018 Enrolled             -69-               LRB9000201THgc
 1    to the Department on or before the 7th, 15th, 22nd  and  last
 2    day of the month during which such liability is incurred.  If
 3    the  month  during which such tax liability is incurred began
 4    prior to the effective date of this amendatory Act  of  1985,
 5    each payment shall be in an amount not less than 22.5% of the
 6    taxpayer's  actual  liability under Section 2d.  If the month
 7    during which such tax liability  is  incurred  begins  on  or
 8    after  January  1,  1986,  each payment shall be in an amount
 9    equal to 22.5% of the taxpayer's  actual  liability  for  the
10    month  or  27.5%  of  the  taxpayer's  liability for the same
11    calendar month of the preceding calendar year.  If the  month
12    during  which  such  tax  liability  is incurred begins on or
13    after January 1, 1987, each payment shall  be  in  an  amount
14    equal  to  22.5%  of  the taxpayer's actual liability for the
15    month or 26.25% of the  taxpayer's  liability  for  the  same
16    calendar  month  of  the  preceding year.  The amount of such
17    quarter monthly payments shall be credited against the  final
18    tax  liability  of the taxpayer's return for that month filed
19    under this Section or Section 2f, as the case may  be.   Once
20    applicable,  the requirement of the making of quarter monthly
21    payments to the Department pursuant to this  paragraph  shall
22    continue  until  such  taxpayer's average monthly prepaid tax
23    collections during the preceding 2 complete calendar quarters
24    is $25,000 or less.  If any such quarter monthly  payment  is
25    not  paid at the time or in the amount required, the taxpayer
26    shall  be  liable  for  penalties  and   interest   on   such
27    difference,  except  insofar  as  the taxpayer has previously
28    made payments  for  that  month  in  excess  of  the  minimum
29    payments previously due.
30        If  any  payment provided for in this Section exceeds the
31    taxpayer's liabilities under this Act, the Use Tax  Act,  the
32    Service  Occupation  Tax  Act and the Service Use Tax Act, as
33    shown on an original monthly return, the Department shall, if
34    requested by the taxpayer, issue to  the  taxpayer  a  credit
HB0018 Enrolled             -70-               LRB9000201THgc
 1    memorandum  no  later than 30 days after the date of payment.
 2    The  credit  evidenced  by  such  credit  memorandum  may  be
 3    assigned by the taxpayer to a  similar  taxpayer  under  this
 4    Act,  the  Use Tax Act, the Service Occupation Tax Act or the
 5    Service Use Tax Act, in accordance with reasonable rules  and
 6    regulations  to  be prescribed by the Department.  If no such
 7    request is made, the taxpayer may credit such excess  payment
 8    against  tax  liability  subsequently  to  be remitted to the
 9    Department under this Act,  the  Use  Tax  Act,  the  Service
10    Occupation  Tax Act or the Service Use Tax Act, in accordance
11    with reasonable  rules  and  regulations  prescribed  by  the
12    Department.   If  the Department subsequently determined that
13    all or any part of the credit taken was not actually  due  to
14    the taxpayer, the taxpayer's 2.1% and 1.75% vendor's discount
15    shall  be  reduced by 2.1% or 1.75% of the difference between
16    the credit taken and that actually  due,  and  that  taxpayer
17    shall   be   liable   for  penalties  and  interest  on  such
18    difference.
19        If a retailer of motor fuel is entitled to a credit under
20    Section 2d of this Act which exceeds the taxpayer's liability
21    to the Department under this Act  for  the  month  which  the
22    taxpayer  is  filing a return, the Department shall issue the
23    taxpayer a credit memorandum for the excess.
24        Beginning January 1,  1990,  each  month  the  Department
25    shall  pay into the Local Government Tax Fund, a special fund
26    in the State  treasury  which  is  hereby  created,  the  net
27    revenue  realized  for the preceding month from the 1% tax on
28    sales of food for human consumption which is to  be  consumed
29    off  the  premises  where  it  is  sold (other than alcoholic
30    beverages, soft drinks and food which has been  prepared  for
31    immediate  consumption)  and prescription and nonprescription
32    medicines,  drugs,  medical  appliances  and  insulin,  urine
33    testing materials, syringes and needles used by diabetics.
34        Beginning January 1,  1990,  each  month  the  Department
HB0018 Enrolled             -71-               LRB9000201THgc
 1    shall  pay  into the County and Mass Transit District Fund, a
 2    special fund in the State treasury which is  hereby  created,
 3    4%  of  the net revenue realized for the preceding month from
 4    the 6.25% general rate.
 5        Beginning January 1,  1990,  each  month  the  Department
 6    shall  pay  into the Local Government Tax Fund 16% of the net
 7    revenue realized for  the  preceding  month  from  the  6.25%
 8    general  rate  on  the  selling  price  of  tangible personal
 9    property.
10        Of the remainder of the moneys received by the Department
11    pursuant to this Act, (a) 1.75% thereof shall  be  paid  into
12    the  Build  Illinois Fund and (b) prior to July 1, 1989, 2.2%
13    and on and after July 1, 1989, 3.8%  thereof  shall  be  paid
14    into  the  Build Illinois Fund; provided, however, that if in
15    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
16    as the case may be, of the moneys received by the  Department
17    and required to be paid into the Build Illinois Fund pursuant
18    to  this  Act, Section 9 of the Use Tax Act, Section 9 of the
19    Service Use Tax Act, and Section 9 of the Service  Occupation
20    Tax  Act,  such  Acts being hereinafter called the "Tax Acts"
21    and such aggregate of 2.2% or 3.8%, as the case  may  be,  of
22    moneys being hereinafter called the "Tax Act Amount", and (2)
23    the  amount  transferred  to the Build Illinois Fund from the
24    State and Local Sales Tax Reform Fund shall be less than  the
25    Annual  Specified  Amount (as hereinafter defined), an amount
26    equal to the difference shall be immediately  paid  into  the
27    Build  Illinois  Fund  from  other  moneys  received  by  the
28    Department  pursuant  to  the Tax Acts; the "Annual Specified
29    Amount" means the amounts specified below  for  fiscal  years
30    1986 through 1993:
31             Fiscal Year              Annual Specified Amount
32                 1986                       $54,800,000
33                 1987                       $76,650,000
34                 1988                       $80,480,000
HB0018 Enrolled             -72-               LRB9000201THgc
 1                 1989                       $88,510,000
 2                 1990                       $115,330,000
 3                 1991                       $145,470,000
 4                 1992                       $182,730,000
 5                 1993                      $206,520,000;
 6    and  means  the Certified Annual Debt Service Requirement (as
 7    defined in Section 13 of the Build Illinois Bond Act) or  the
 8    Tax  Act  Amount,  whichever is greater, for fiscal year 1994
 9    and each fiscal year thereafter; and further  provided,  that
10    if  on  the last business day of any month the sum of (1) the
11    Tax Act Amount  required  to  be  deposited  into  the  Build
12    Illinois  Bond Account in the Build Illinois Fund during such
13    month and (2) the amount transferred to  the  Build  Illinois
14    Fund  from  the  State  and Local Sales Tax Reform Fund shall
15    have been less than 1/12 of the Annual Specified  Amount,  an
16    amount equal to the difference shall be immediately paid into
17    the  Build  Illinois  Fund  from other moneys received by the
18    Department pursuant to the Tax Acts; and,  further  provided,
19    that  in  no  event  shall  the  payments  required under the
20    preceding proviso result in aggregate payments into the Build
21    Illinois Fund pursuant to this clause (b) for any fiscal year
22    in excess of the greater of (i) the Tax Act  Amount  or  (ii)
23    the  Annual  Specified  Amount  for  such  fiscal  year.  The
24    amounts payable into the Build Illinois Fund under clause (b)
25    of the first sentence in this paragraph shall be payable only
26    until such time as the aggregate amount on deposit under each
27    trust  indenture  securing  Bonds  issued   and   outstanding
28    pursuant to the Build Illinois Bond Act is sufficient, taking
29    into  account any future investment income, to fully provide,
30    in accordance with such indenture, for the defeasance  of  or
31    the  payment  of  the  principal  of,  premium,  if  any, and
32    interest on the Bonds secured by such indenture  and  on  any
33    Bonds expected to be issued thereafter and all fees and costs
34    payable  with  respect  thereto,  all  as  certified  by  the
HB0018 Enrolled             -73-               LRB9000201THgc
 1    Director  of  the  Bureau  of  the  Budget.   If  on the last
 2    business day of any month  in  which  Bonds  are  outstanding
 3    pursuant  to  the  Build  Illinois Bond Act, the aggregate of
 4    moneys deposited in the Build Illinois Bond  Account  in  the
 5    Build  Illinois  Fund  in  such  month shall be less than the
 6    amount required to be transferred  in  such  month  from  the
 7    Build  Illinois  Bond  Account  to  the  Build  Illinois Bond
 8    Retirement and Interest Fund pursuant to Section  13  of  the
 9    Build  Illinois  Bond Act, an amount equal to such deficiency
10    shall be immediately paid from other moneys received  by  the
11    Department  pursuant  to  the  Tax Acts to the Build Illinois
12    Fund; provided, however, that any amounts paid to  the  Build
13    Illinois  Fund  in  any fiscal year pursuant to this sentence
14    shall be deemed to constitute payments pursuant to clause (b)
15    of the first sentence of this paragraph and shall reduce  the
16    amount  otherwise  payable  for  such fiscal year pursuant to
17    that clause (b).   The  moneys  received  by  the  Department
18    pursuant  to  this  Act and required to be deposited into the
19    Build Illinois Fund are subject  to  the  pledge,  claim  and
20    charge  set  forth  in  Section 12 of the Build Illinois Bond
21    Act.
22        Subject to payment of amounts  into  the  Build  Illinois
23    Fund  as  provided  in  the  preceding  paragraph  or  in any
24    amendment thereto hereafter enacted, the following  specified
25    monthly   installment   of   the   amount  requested  in  the
26    certificate of the Chairman  of  the  Metropolitan  Pier  and
27    Exposition  Authority  provided  under  Section  8.25f of the
28    State Finance Act, but not in excess of  sums  designated  as
29    "Total  Deposit",  shall  be  deposited in the aggregate from
30    collections under Section 9 of the Use Tax Act, Section 9  of
31    the  Service Use Tax Act, Section 9 of the Service Occupation
32    Tax Act, and Section 3 of the Retailers' Occupation  Tax  Act
33    into  the  McCormick  Place  Expansion  Project  Fund  in the
34    specified fiscal years.
HB0018 Enrolled             -74-               LRB9000201THgc
 1             Fiscal Year                   Total Deposit
 2                 1993                            $0
 3                 1994                        53,000,000
 4                 1995                        58,000,000
 5                 1996                        61,000,000
 6                 1997                        64,000,000
 7                 1998                        68,000,000
 8                 1999                        71,000,000
 9                 2000                        75,000,000
10                 2001                        80,000,000
11                 2002                        84,000,000
12                 2003                        89,000,000
13                 2004                        93,000,000
14                 2005                        97,000,000
15                 2006                       102,000,000
16               2007 and                     106,000,000
17        each fiscal year
18        thereafter that bonds
19        are outstanding under
20        Section 13.2 of the
21        Metropolitan Pier and
22        Exposition Authority
23        Act, but not after fiscal year 2029.
24        Beginning July 20, 1993 and in each month of each  fiscal
25    year  thereafter,  one-eighth  of the amount requested in the
26    certificate of the Chairman  of  the  Metropolitan  Pier  and
27    Exposition  Authority  for  that fiscal year, less the amount
28    deposited into the McCormick Place Expansion Project Fund  by
29    the  State Treasurer in the respective month under subsection
30    (g) of Section 13 of the  Metropolitan  Pier  and  Exposition
31    Authority  Act,  plus cumulative deficiencies in the deposits
32    required under this Section for previous  months  and  years,
33    shall be deposited into the McCormick Place Expansion Project
34    Fund,  until  the  full amount requested for the fiscal year,
HB0018 Enrolled             -75-               LRB9000201THgc
 1    but not in excess of the amount  specified  above  as  "Total
 2    Deposit", has been deposited.
 3        Subject  to  payment  of  amounts into the Build Illinois
 4    Fund and the McCormick Place Expansion Project Fund  pursuant
 5    to  the  preceding  paragraphs  or  in  any amendment thereto
 6    hereafter enacted, each month the Department shall  pay  into
 7    the  Local  Government  Distributive  Fund  0.4%  of  the net
 8    revenue realized for the preceding month from the 5%  general
 9    rate  or  0.4%  of  80%  of  the net revenue realized for the
10    preceding month from the 6.25% general rate, as the case  may
11    be,  on the selling price of tangible personal property which
12    amount shall, subject to  appropriation,  be  distributed  as
13    provided  in  Section 2 of the State Revenue Sharing Act.  No
14    payments or distributions pursuant to this paragraph shall be
15    made if the  tax  imposed  by  this  Act  on  photoprocessing
16    products  is  declared  unconstitutional,  or if the proceeds
17    from such tax are unavailable  for  distribution  because  of
18    litigation.
19        Subject  to  payment  of  amounts into the Build Illinois
20    Fund, the McCormick Place Expansion Project to the  preceding
21    paragraphs  or  in  any amendments thereto hereafter enacted,
22    beginning July 1, 1993, the Department shall each  month  pay
23    into  the Illinois Tax Increment Fund 0.27% of 80% of the net
24    revenue realized for  the  preceding  month  from  the  6.25%
25    general  rate  on  the  selling  price  of  tangible personal
26    property.
27        Of the remainder of the moneys received by the Department
28    pursuant to this Act, 75% thereof  shall  be  paid  into  the
29    State Treasury and 25% shall be reserved in a special account
30    and  used  only for the transfer to the Common School Fund as
31    part of the monthly transfer from the General Revenue Fund in
32    accordance with Section 8a of the State Finance Act.
33        The Department may, upon separate  written  notice  to  a
34    taxpayer,  require  the taxpayer to prepare and file with the
HB0018 Enrolled             -76-               LRB9000201THgc
 1    Department on a form prescribed by the Department within  not
 2    less  than  60  days  after  receipt  of the notice an annual
 3    information return for the tax year specified in the  notice.
 4    Such   annual  return  to  the  Department  shall  include  a
 5    statement of gross receipts as shown by the  retailer's  last
 6    Federal  income  tax  return.   If  the total receipts of the
 7    business as reported in the Federal income tax return do  not
 8    agree  with  the gross receipts reported to the Department of
 9    Revenue for the same period, the retailer shall attach to his
10    annual return a schedule showing a reconciliation  of  the  2
11    amounts  and  the reasons for the difference.  The retailer's
12    annual return to the Department shall also disclose the  cost
13    of goods sold by the retailer during the year covered by such
14    return,  opening  and  closing  inventories of such goods for
15    such year, costs of goods used from stock or taken from stock
16    and given away by the  retailer  during  such  year,  payroll
17    information  of  the retailer's business during such year and
18    any additional reasonable information  which  the  Department
19    deems  would  be  helpful  in determining the accuracy of the
20    monthly, quarterly or annual returns filed by  such  retailer
21    as provided for in this Section.
22        If the annual information return required by this Section
23    is  not  filed  when  and  as required, the taxpayer shall be
24    liable as follows:
25             (i)  Until January 1, 1994, the  taxpayer  shall  be
26        liable  for  a  penalty equal to 1/6 of 1% of the tax due
27        from such taxpayer under this Act during the period to be
28        covered by the annual return for each month  or  fraction
29        of  a  month  until such return is filed as required, the
30        penalty to be assessed and collected in the  same  manner
31        as any other penalty provided for in this Act.
32             (ii)  On  and  after  January  1, 1994, the taxpayer
33        shall be liable for a penalty as described in Section 3-4
34        of the Uniform Penalty and Interest Act.
HB0018 Enrolled             -77-               LRB9000201THgc
 1        The chief executive officer, proprietor, owner or highest
 2    ranking manager shall sign the annual return to  certify  the
 3    accuracy  of  the information contained therein.   Any person
 4    who willfully signs the annual  return  containing  false  or
 5    inaccurate   information  shall  be  guilty  of  perjury  and
 6    punished accordingly.  The annual return form  prescribed  by
 7    the  Department  shall  include  a  warning  that  the person
 8    signing the return may be liable for perjury.
 9        The provisions of this Section concerning the  filing  of
10    an  annual  information return do not apply to a retailer who
11    is not required to file an income tax return with the  United
12    States Government.
13        As  soon  as  possible after the first day of each month,
14    upon  certification  of  the  Department  of   Revenue,   the
15    Comptroller  shall  order transferred and the Treasurer shall
16    transfer from the General Revenue Fund to the Motor Fuel  Tax
17    Fund  an  amount  equal  to  1.7%  of  80% of the net revenue
18    realized under this  Act  for  the  second  preceding  month;
19    except  that  this  transfer shall not be made for the months
20    February through June, 1992.
21        Net revenue realized for a month  shall  be  the  revenue
22    collected  by the State pursuant to this Act, less the amount
23    paid out during  that  month  as  refunds  to  taxpayers  for
24    overpayment of liability.
25        For  greater simplicity of administration, manufacturers,
26    importers and wholesalers whose products are sold  at  retail
27    in Illinois by numerous retailers, and who wish to do so, may
28    assume  the  responsibility  for accounting and paying to the
29    Department all tax accruing under this Act  with  respect  to
30    such  sales,  if  the  retailers who are affected do not make
31    written objection to the Department to this arrangement.
32        Any  person  who  promotes,  organizes,  provides  retail
33    selling space for concessionaires or other types  of  sellers
34    at the Illinois State Fair, DuQuoin State Fair, county fairs,
HB0018 Enrolled             -78-               LRB9000201THgc
 1    local  fairs, art shows, flea markets and similar exhibitions
 2    or events, including any transient  merchant  as  defined  by
 3    Section  2 of the Transient Merchant Act of 1987, is required
 4    to file a report with the Department providing  the  name  of
 5    the  merchant's  business,  the name of the person or persons
 6    engaged in merchant's business,  the  permanent  address  and
 7    Illinois  Retailers Occupation Tax Registration Number of the
 8    merchant, the dates and  location  of  the  event  and  other
 9    reasonable  information that the Department may require.  The
10    report must be filed not later than the 20th day of the month
11    next following the month during which the event  with  retail
12    sales  was  held.   Any  person  who  fails  to file a report
13    required by this Section commits a business  offense  and  is
14    subject to a fine not to exceed $250.
15        Any  person  engaged  in the business of selling tangible
16    personal property at retail as a concessionaire or other type
17    of seller at the  Illinois  State  Fair,  county  fairs,  art
18    shows, flea markets and similar exhibitions or events, or any
19    transient merchants, as defined by Section 2 of the Transient
20    Merchant  Act of 1987, may be required to make a daily report
21    of the amount of such sales to the Department and to  make  a
22    daily  payment of the full amount of tax due.  The Department
23    shall impose this requirement when it finds that there  is  a
24    significant  risk  of loss of revenue to the State at such an
25    exhibition or event.   Such  a  finding  shall  be  based  on
26    evidence  that  a  substantial  number  of concessionaires or
27    other sellers who are  not  residents  of  Illinois  will  be
28    engaging   in  the  business  of  selling  tangible  personal
29    property at retail at  the  exhibition  or  event,  or  other
30    evidence  of  a  significant  risk  of loss of revenue to the
31    State.  The Department shall notify concessionaires and other
32    sellers affected by the imposition of this  requirement.   In
33    the   absence   of   notification   by  the  Department,  the
34    concessionaires and other sellers shall file their returns as
HB0018 Enrolled             -79-               LRB9000201THgc
 1    otherwise required in this Section.
 2    (Source: P.A. 88-45; 88-116;  88-194;  88-480;  88-547,  eff.
 3    6-30-94; 88-660, eff. 9-16-94; 88-669, eff. 11-29-94; 88-670,
 4    eff.  12-2-94;  89-89,  eff.  6-30-95;  89-235,  eff. 8-4-95;
 5    89-379, eff. 1-1-96; 89-626, eff. 8-9-96.)
 6        (Text of Section after amendment by P.A. 90-491)
 7        Sec. 3.  Except as provided in this Section, on or before
 8    the twentieth  day  of  each  calendar  month,  every  person
 9    engaged in the business of selling tangible personal property
10    at  retail  in this State during the preceding calendar month
11    shall file a return with the Department, stating:
12             1.  The name of the seller;
13             2.  His residence address and  the  address  of  his
14        principal  place  of  business  and  the  address  of the
15        principal place of  business  (if  that  is  a  different
16        address) from which he engages in the business of selling
17        tangible personal property at retail in this State;
18             3.  Total  amount of receipts received by him during
19        the preceding calendar month or quarter, as the case  may
20        be,  from  sales  of tangible personal property, and from
21        services furnished, by him during such preceding calendar
22        month or quarter;
23             4.  Total  amount  received  by   him   during   the
24        preceding  calendar  month  or quarter on charge and time
25        sales of tangible personal property,  and  from  services
26        furnished, by him prior to the month or quarter for which
27        the return is filed;
28             5.  Deductions allowed by law;
29             6.  Gross receipts which were received by him during
30        the  preceding  calendar  month  or  quarter and upon the
31        basis of which the tax is imposed;
32             7.  The amount of credit provided in Section  2d  of
33        this Act;
34             8.  The amount of tax due;
HB0018 Enrolled             -80-               LRB9000201THgc
 1             9.  The signature of the taxpayer; and
 2             10.  Such   other   reasonable  information  as  the
 3        Department may require.
 4        If a taxpayer fails to sign a return within 30 days after
 5    the proper notice and demand for signature by the Department,
 6    the return shall be considered valid and any amount shown  to
 7    be due on the return shall be deemed assessed.
 8        Each  return  shall  be  accompanied  by the statement of
 9    prepaid tax issued pursuant to Section 2e for which credit is
10    claimed.
11        A retailer may accept a  Manufacturer's  Purchase  Credit
12    certification  from a purchaser in satisfaction of Use Tax as
13    provided in Section 3-85 of the Use Tax Act if the  purchaser
14    provides the appropriate documentation as required by Section
15    3-85  of  the  Use Tax Act.  A Manufacturer's Purchase Credit
16    certification, accepted by a retailer as provided in  Section
17    3-85  of  the  Use  Tax  Act, may be used by that retailer to
18    satisfy Retailers' Occupation Tax  liability  in  the  amount
19    claimed  in  the  certification,  not  to exceed 6.25% of the
20    receipts subject to tax from a qualifying purchase.
21        The Department may require  returns  to  be  filed  on  a
22    quarterly  basis.  If so required, a return for each calendar
23    quarter shall be filed on or before the twentieth day of  the
24    calendar  month  following  the end of such calendar quarter.
25    The taxpayer shall also file a return with the Department for
26    each of the first two months of each calendar quarter, on  or
27    before  the  twentieth  day  of the following calendar month,
28    stating:
29             1.  The name of the seller;
30             2.  The address of the principal place  of  business
31        from which he engages in the business of selling tangible
32        personal property at retail in this State;
33             3.  The total amount of taxable receipts received by
34        him  during  the  preceding  calendar month from sales of
HB0018 Enrolled             -81-               LRB9000201THgc
 1        tangible personal property by him during  such  preceding
 2        calendar  month,  including receipts from charge and time
 3        sales, but less all deductions allowed by law;
 4             4.  The amount of credit provided in Section  2d  of
 5        this Act;
 6             5.  The amount of tax due; and
 7             6.  Such   other   reasonable   information  as  the
 8        Department may require.
 9        If a total amount of less than $1 is payable,  refundable
10    or creditable, such amount shall be disregarded if it is less
11    than  50 cents and shall be increased to $1 if it is 50 cents
12    or more.
13        Beginning October 1, 1993, a taxpayer who has an  average
14    monthly  tax  liability  of  $150,000  or more shall make all
15    payments required by rules of the  Department  by  electronic
16    funds  transfer.   Beginning  October 1, 1994, a taxpayer who
17    has an average monthly tax  liability  of  $100,000  or  more
18    shall  make  all payments required by rules of the Department
19    by electronic funds transfer.  Beginning October 1,  1995,  a
20    taxpayer  who has an average monthly tax liability of $50,000
21    or more shall make all payments  required  by  rules  of  the
22    Department  by  electronic funds transfer.  The term "average
23    monthly tax liability" shall be the  sum  of  the  taxpayer's
24    liabilities  under  this  Act,  and under all other State and
25    local  occupation  and  use  tax  laws  administered  by  the
26    Department,  for  the  immediately  preceding  calendar  year
27    divided by 12.
28        Before August 1 of  each  year  beginning  in  1993,  the
29    Department  shall  notify  all  taxpayers  required  to  make
30    payments   by   electronic  funds  transfer.   All  taxpayers
31    required to make payments by electronic funds transfer  shall
32    make  those  payments  for a minimum of one year beginning on
33    October 1.
34        Any taxpayer not required to make payments by  electronic
HB0018 Enrolled             -82-               LRB9000201THgc
 1    funds transfer may make payments by electronic funds transfer
 2    with the permission of the Department.
 3        All  taxpayers  required  to  make  payment by electronic
 4    funds transfer and any taxpayers  authorized  to  voluntarily
 5    make  payments  by electronic funds transfer shall make those
 6    payments in the manner authorized by the Department.
 7        The Department shall adopt such rules as are necessary to
 8    effectuate a program of electronic  funds  transfer  and  the
 9    requirements of this Section.
10        Any  amount  which is required to be shown or reported on
11    any return or other document under this Act  shall,  if  such
12    amount  is  not  a  whole-dollar  amount, be increased to the
13    nearest whole-dollar amount in any case where the  fractional
14    part  of  a  dollar is 50 cents or more, and decreased to the
15    nearest whole-dollar amount where the fractional  part  of  a
16    dollar is less than 50 cents.
17        If  the  retailer is otherwise required to file a monthly
18    return and if the retailer's average monthly tax liability to
19    the Department does  not  exceed  $200,  the  Department  may
20    authorize  his returns to be filed on a quarter annual basis,
21    with the return for January, February and March  of  a  given
22    year  being due by April 20 of such year; with the return for
23    April, May and June of a given year being due by July  20  of
24    such  year; with the return for July, August and September of
25    a given year being due by October 20 of such year,  and  with
26    the return for October, November and December of a given year
27    being due by January 20 of the following year.
28        If  the  retailer is otherwise required to file a monthly
29    or quarterly return and if the retailer's average monthly tax
30    liability with  the  Department  does  not  exceed  $50,  the
31    Department may authorize his returns to be filed on an annual
32    basis,  with the return for a given year being due by January
33    20 of the following year.
34        Such quarter annual and annual returns, as  to  form  and
HB0018 Enrolled             -83-               LRB9000201THgc
 1    substance,  shall  be  subject  to  the  same requirements as
 2    monthly returns.
 3        Notwithstanding  any  other   provision   in   this   Act
 4    concerning  the  time  within  which  a retailer may file his
 5    return, in the case of any retailer who ceases to engage in a
 6    kind of business  which  makes  him  responsible  for  filing
 7    returns  under  this  Act,  such  retailer shall file a final
 8    return under this Act with the Department not more  than  one
 9    month after discontinuing such business.
10        Where   the  same  person  has  more  than  one  business
11    registered with the Department under  separate  registrations
12    under  this Act, such person may not file each return that is
13    due  as  a  single  return  covering  all   such   registered
14    businesses,  but  shall  file  separate returns for each such
15    registered business.
16        In addition, with respect to motor vehicles,  watercraft,
17    aircraft,  and  trailers  that  are required to be registered
18    with an agency of this State,  every  retailer  selling  this
19    kind  of  tangible  personal  property  shall  file, with the
20    Department, upon a form to be prescribed and supplied by  the
21    Department,  a separate return for each such item of tangible
22    personal property  which  the  retailer  sells,  except  that
23    where,  in  the  same  transaction,  a  retailer of aircraft,
24    watercraft, motor vehicles or trailers  transfers  more  than
25    one aircraft, watercraft, motor vehicle or trailer to another
26    aircraft,  watercraft,  motor  vehicle  retailer  or  trailer
27    retailer  for  the  purpose of resale, that seller for resale
28    may report the transfer of all  aircraft,  watercraft,  motor
29    vehicles  or  trailers  involved  in  that transaction to the
30    Department on the same uniform invoice-transaction  reporting
31    return  form.   For  purposes  of  this Section, "watercraft"
32    means a Class 2, Class 3, or Class 4 watercraft as defined in
33    Section 3-2 of  the  Boat  Registration  and  Safety  Act,  a
34    personal  watercraft,  or  any  boat equipped with an inboard
HB0018 Enrolled             -84-               LRB9000201THgc
 1    motor.
 2        Any retailer who sells only motor  vehicles,  watercraft,
 3    aircraft, or trailers that are required to be registered with
 4    an  agency  of  this State, so that all retailers' occupation
 5    tax liability is required to be reported, and is reported, on
 6    such transaction reporting returns and who is  not  otherwise
 7    required  to file monthly or quarterly returns, need not file
 8    monthly or quarterly returns.  However, those retailers shall
 9    be required to file returns on an annual basis.
10        The transaction reporting return, in the  case  of  motor
11    vehicles  or trailers that are required to be registered with
12    an agency of this State, shall be the same  document  as  the
13    Uniform  Invoice referred to in Section 5-402 of The Illinois
14    Vehicle Code and must  show  the  name  and  address  of  the
15    seller;  the name and address of the purchaser; the amount of
16    the  selling  price  including  the  amount  allowed  by  the
17    retailer for traded-in property, if any; the  amount  allowed
18    by the retailer for the traded-in tangible personal property,
19    if  any,  to the extent to which Section 1 of this Act allows
20    an exemption for the value of traded-in property; the balance
21    payable after deducting  such  trade-in  allowance  from  the
22    total  selling price; the amount of tax due from the retailer
23    with respect to such transaction; the amount of tax collected
24    from the purchaser by the retailer on  such  transaction  (or
25    satisfactory  evidence  that  such  tax  is  not  due in that
26    particular instance, if that is claimed to be the fact);  the
27    place  and  date  of the sale; a sufficient identification of
28    the property sold; such other information as is  required  in
29    Section  5-402  of  The Illinois Vehicle Code, and such other
30    information as the Department may reasonably require.
31        The  transaction  reporting  return  in   the   case   of
32    watercraft  or aircraft must show the name and address of the
33    seller; the name and address of the purchaser; the amount  of
34    the  selling  price  including  the  amount  allowed  by  the
HB0018 Enrolled             -85-               LRB9000201THgc
 1    retailer  for  traded-in property, if any; the amount allowed
 2    by the retailer for the traded-in tangible personal property,
 3    if any, to the extent to which Section 1 of this  Act  allows
 4    an exemption for the value of traded-in property; the balance
 5    payable  after  deducting  such  trade-in  allowance from the
 6    total selling price; the amount of tax due from the  retailer
 7    with respect to such transaction; the amount of tax collected
 8    from  the  purchaser  by the retailer on such transaction (or
 9    satisfactory evidence that  such  tax  is  not  due  in  that
10    particular  instance, if that is claimed to be the fact); the
11    place and date of the sale, a  sufficient  identification  of
12    the   property  sold,  and  such  other  information  as  the
13    Department may reasonably require.
14        Such transaction reporting  return  shall  be  filed  not
15    later than 20 days after the day of delivery of the item that
16    is  being  sold, but may be filed by the retailer at any time
17    sooner than that if he chooses to  do  so.   The  transaction
18    reporting  return  and  tax  remittance or proof of exemption
19    from  the  Illinois  use  tax  may  be  transmitted  to   the
20    Department  by  way  of the State agency with which, or State
21    officer with whom the  tangible  personal  property  must  be
22    titled or registered (if titling or registration is required)
23    if  the Department and such agency or State officer determine
24    that  this  procedure  will  expedite   the   processing   of
25    applications for title or registration.
26        With each such transaction reporting return, the retailer
27    shall  remit  the  proper  amount of tax due (or shall submit
28    satisfactory evidence that the sale is not taxable if that is
29    the case), to the Department or  its  agents,  whereupon  the
30    Department  shall  issue,  in the purchaser's name, a use tax
31    receipt (or a certificate of exemption if the  Department  is
32    satisfied  that the particular sale is tax exempt) which such
33    purchaser may submit to  the  agency  with  which,  or  State
34    officer  with  whom,  he  must title or register the tangible
HB0018 Enrolled             -86-               LRB9000201THgc
 1    personal  property  that   is   involved   (if   titling   or
 2    registration  is  required)  in  support  of such purchaser's
 3    application for an Illinois certificate or other evidence  of
 4    title or registration to such tangible personal property.
 5        No  retailer's failure or refusal to remit tax under this
 6    Act precludes a user, who has paid  the  proper  tax  to  the
 7    retailer,  from  obtaining  his certificate of title or other
 8    evidence of title or registration (if titling or registration
 9    is required) upon satisfying the Department  that  such  user
10    has paid the proper tax (if tax is due) to the retailer.  The
11    Department  shall  adopt  appropriate  rules to carry out the
12    mandate of this paragraph.
13        If the user who would otherwise pay tax to  the  retailer
14    wants  the transaction reporting return filed and the payment
15    of the tax or proof  of  exemption  made  to  the  Department
16    before the retailer is willing to take these actions and such
17    user  has  not  paid  the  tax to the retailer, such user may
18    certify to the fact of such delay by  the  retailer  and  may
19    (upon  the  Department  being  satisfied of the truth of such
20    certification)  transmit  the  information  required  by  the
21    transaction reporting return and the remittance  for  tax  or
22    proof  of exemption directly to the Department and obtain his
23    tax receipt or exemption determination, in  which  event  the
24    transaction  reporting  return  and  tax remittance (if a tax
25    payment was required) shall be credited by the Department  to
26    the  proper  retailer's  account  with  the  Department,  but
27    without  the  2.1%  or  1.75%  discount  provided for in this
28    Section being allowed.  When the user pays the  tax  directly
29    to  the  Department,  he shall pay the tax in the same amount
30    and in the same form in which it would be remitted if the tax
31    had been remitted to the Department by the retailer.
32        Refunds made by the seller during  the  preceding  return
33    period   to  purchasers,  on  account  of  tangible  personal
34    property returned to  the  seller,  shall  be  allowed  as  a
HB0018 Enrolled             -87-               LRB9000201THgc
 1    deduction  under  subdivision  5  of his monthly or quarterly
 2    return,  as  the  case  may  be,  in  case  the  seller   had
 3    theretofore  included  the  receipts  from  the  sale of such
 4    tangible personal property in a return filed by him  and  had
 5    paid  the  tax  imposed  by  this  Act  with  respect to such
 6    receipts.
 7        Where the seller is a corporation, the  return  filed  on
 8    behalf  of such corporation shall be signed by the president,
 9    vice-president, secretary or treasurer  or  by  the  properly
10    accredited agent of such corporation.
11        Where  the  seller  is  a  limited liability company, the
12    return filed on behalf of the limited liability company shall
13    be signed by a manager, member, or properly accredited  agent
14    of the limited liability company.
15        Except  as  provided in this Section, the retailer filing
16    the return under this Section shall, at the  time  of  filing
17    such  return, pay to the Department the amount of tax imposed
18    by this Act less a discount of 2.1% prior to January 1,  1990
19    and  1.75%  on  and after January 1, 1990, or $5 per calendar
20    year, whichever is greater, which is allowed to reimburse the
21    retailer  for  the  expenses  incurred  in  keeping  records,
22    preparing and filing returns, remitting the tax and supplying
23    data to the  Department  on  request.   Any  prepayment  made
24    pursuant  to  Section 2d of this Act shall be included in the
25    amount on which such 2.1% or 1.75% discount is computed.   In
26    the  case  of  retailers  who  report  and  pay  the tax on a
27    transaction  by  transaction  basis,  as  provided  in   this
28    Section,  such  discount  shall  be  taken with each such tax
29    remittance instead of when such retailer files  his  periodic
30    return.
31        If  the  taxpayer's  average monthly tax liability to the
32    Department under this Act,  the  Use  Tax  Act,  the  Service
33    Occupation  Tax  Act,  and the Service Use Tax Act, excluding
34    any liability  for  prepaid  sales  tax  to  be  remitted  in
HB0018 Enrolled             -88-               LRB9000201THgc
 1    accordance  with  Section 2d of this Act, was $10,000 or more
 2    during the preceding 4 complete calendar quarters,  he  shall
 3    file  a return with the Department each month by the 20th day
 4    of the month next following the month during which  such  tax
 5    liability   is  incurred  and  shall  make  payments  to  the
 6    Department on or before the 7th, 15th, 22nd and last  day  of
 7    the  month  during  which such liability is incurred.  If the
 8    month during which such tax liability is incurred began prior
 9    to January 1, 1985, each payment shall be in an amount  equal
10    to 1/4 of the taxpayer's actual liability for the month or an
11    amount set by the Department not to exceed 1/4 of the average
12    monthly  liability  of the taxpayer to the Department for the
13    preceding 4 complete calendar quarters (excluding  the  month
14    of  highest  liability  and  the month of lowest liability in
15    such 4 quarter period).  If the month during which  such  tax
16    liability  is incurred begins on or after January 1, 1985 and
17    prior to January 1, 1987, each payment shall be in an  amount
18    equal  to  22.5%  of  the taxpayer's actual liability for the
19    month or 27.5% of  the  taxpayer's  liability  for  the  same
20    calendar  month  of  the preceding year.  If the month during
21    which such tax liability  is  incurred  begins  on  or  after
22    January  1,  1987  and prior to January 1, 1988, each payment
23    shall be in an amount equal to 22.5% of the taxpayer's actual
24    liability for the month or 26.25% of the taxpayer's liability
25    for the same calendar month of the preceding  year.   If  the
26    month  during  which such tax liability is incurred begins on
27    or after January 1, 1988, and prior to January  1,  1989,  or
28    begins  on or after January 1, 1996, each payment shall be in
29    an amount equal to 22.5% of the taxpayer's  actual  liability
30    for the month or 25% of the taxpayer's liability for the same
31    calendar  month  of  the  preceding year. If the month during
32    which such tax liability  is  incurred  begins  on  or  after
33    January  1,  1989, and prior to January 1, 1996, each payment
34    shall be in an amount equal to 22.5% of the taxpayer's actual
HB0018 Enrolled             -89-               LRB9000201THgc
 1    liability for the month or 25% of  the  taxpayer's  liability
 2    for  the same calendar month of the preceding year or 100% of
 3    the taxpayer's  actual  liability  for  the  quarter  monthly
 4    reporting   period.   The  amount  of  such  quarter  monthly
 5    payments shall be credited against the final tax liability of
 6    the taxpayer's return for that month.  Once  applicable,  the
 7    requirement  of the making of quarter monthly payments to the
 8    Department  by  taxpayers  having  an  average  monthly   tax
 9    liability  of  $10,000  or  more  as determined in the manner
10    provided above shall continue until such  taxpayer's  average
11    monthly  liability  to  the Department during the preceding 4
12    complete calendar quarters (excluding the  month  of  highest
13    liability  and  the  month  of lowest liability) is less than
14    $9,000, or until such taxpayer's average monthly liability to
15    the Department as computed for each calendar quarter of the 4
16    preceding complete  calendar  quarter  period  is  less  than
17    $10,000.  However, if a taxpayer can show the Department that
18    a  substantial change in the taxpayer's business has occurred
19    which causes the taxpayer  to  anticipate  that  his  average
20    monthly  tax  liability for the reasonably foreseeable future
21    will fall below $10,000, then such taxpayer may petition  the
22    Department  for a change in such taxpayer's reporting status.
23    The Department shall change such taxpayer's reporting  status
24    unless  it  finds  that such change is seasonal in nature and
25    not likely to be long term.   If  any  such  quarter  monthly
26    payment  is not paid at the time or in the amount required by
27    this Section, then the taxpayer shall be liable for penalties
28    and interest on the difference between the minimum amount due
29    as a payment and the amount of such quarter  monthly  payment
30    actually  and timely paid, except insofar as the taxpayer has
31    previously made payments for that month to the Department  in
32    excess  of the minimum payments previously due as provided in
33    this Section. The Department shall make reasonable rules  and
34    regulations  to govern the quarter monthly payment amount and
HB0018 Enrolled             -90-               LRB9000201THgc
 1    quarter monthly payment dates for taxpayers who file on other
 2    than a calendar monthly basis.
 3        Without regard to whether a taxpayer is required to  make
 4    quarter monthly payments as specified above, any taxpayer who
 5    is  required  by  Section 2d of this Act to collect and remit
 6    prepaid taxes and has collected prepaid taxes  which  average
 7    in  excess  of  $25,000  per  month  during  the  preceding 2
 8    complete calendar quarters, shall  file  a  return  with  the
 9    Department  as required by Section 2f and shall make payments
10    to the Department on or before the 7th, 15th, 22nd  and  last
11    day of the month during which such liability is incurred.  If
12    the  month  during which such tax liability is incurred began
13    prior to the effective date of this amendatory Act  of  1985,
14    each payment shall be in an amount not less than 22.5% of the
15    taxpayer's  actual  liability under Section 2d.  If the month
16    during which such tax liability  is  incurred  begins  on  or
17    after  January  1,  1986,  each payment shall be in an amount
18    equal to 22.5% of the taxpayer's  actual  liability  for  the
19    month  or  27.5%  of  the  taxpayer's  liability for the same
20    calendar month of the preceding calendar year.  If the  month
21    during  which  such  tax  liability  is incurred begins on or
22    after January 1, 1987, each payment shall  be  in  an  amount
23    equal  to  22.5%  of  the taxpayer's actual liability for the
24    month or 26.25% of the  taxpayer's  liability  for  the  same
25    calendar  month  of  the  preceding year.  The amount of such
26    quarter monthly payments shall be credited against the  final
27    tax  liability  of the taxpayer's return for that month filed
28    under this Section or Section 2f, as the case may  be.   Once
29    applicable,  the requirement of the making of quarter monthly
30    payments to the Department pursuant to this  paragraph  shall
31    continue  until  such  taxpayer's average monthly prepaid tax
32    collections during the preceding 2 complete calendar quarters
33    is $25,000 or less.  If any such quarter monthly  payment  is
34    not  paid at the time or in the amount required, the taxpayer
HB0018 Enrolled             -91-               LRB9000201THgc
 1    shall  be  liable  for  penalties  and   interest   on   such
 2    difference,  except  insofar  as  the taxpayer has previously
 3    made payments  for  that  month  in  excess  of  the  minimum
 4    payments previously due.
 5        If  any  payment provided for in this Section exceeds the
 6    taxpayer's liabilities under this Act, the Use Tax  Act,  the
 7    Service  Occupation  Tax  Act and the Service Use Tax Act, as
 8    shown on an original monthly return, the Department shall, if
 9    requested by the taxpayer, issue to  the  taxpayer  a  credit
10    memorandum  no  later than 30 days after the date of payment.
11    The  credit  evidenced  by  such  credit  memorandum  may  be
12    assigned by the taxpayer to a  similar  taxpayer  under  this
13    Act,  the  Use Tax Act, the Service Occupation Tax Act or the
14    Service Use Tax Act, in accordance with reasonable rules  and
15    regulations  to  be prescribed by the Department.  If no such
16    request is made, the taxpayer may credit such excess  payment
17    against  tax  liability  subsequently  to  be remitted to the
18    Department under this Act,  the  Use  Tax  Act,  the  Service
19    Occupation  Tax Act or the Service Use Tax Act, in accordance
20    with reasonable  rules  and  regulations  prescribed  by  the
21    Department.   If  the Department subsequently determined that
22    all or any part of the credit taken was not actually  due  to
23    the taxpayer, the taxpayer's 2.1% and 1.75% vendor's discount
24    shall  be  reduced by 2.1% or 1.75% of the difference between
25    the credit taken and that actually  due,  and  that  taxpayer
26    shall   be   liable   for  penalties  and  interest  on  such
27    difference.
28        If a retailer of motor fuel is entitled to a credit under
29    Section 2d of this Act which exceeds the taxpayer's liability
30    to the Department under this Act  for  the  month  which  the
31    taxpayer  is  filing a return, the Department shall issue the
32    taxpayer a credit memorandum for the excess.
33        Beginning January 1,  1990,  each  month  the  Department
34    shall  pay into the Local Government Tax Fund, a special fund
HB0018 Enrolled             -92-               LRB9000201THgc
 1    in the State  treasury  which  is  hereby  created,  the  net
 2    revenue  realized  for the preceding month from the 1% tax on
 3    sales of food for human consumption which is to  be  consumed
 4    off  the  premises  where  it  is  sold (other than alcoholic
 5    beverages, soft drinks and food which has been  prepared  for
 6    immediate  consumption)  and prescription and nonprescription
 7    medicines,  drugs,  medical  appliances  and  insulin,  urine
 8    testing materials, syringes and needles used by diabetics.
 9        Beginning January 1,  1990,  each  month  the  Department
10    shall  pay  into the County and Mass Transit District Fund, a
11    special fund in the State treasury which is  hereby  created,
12    4%  of  the net revenue realized for the preceding month from
13    the 6.25% general rate.
14        Beginning January 1,  1990,  each  month  the  Department
15    shall  pay  into the Local Government Tax Fund 16% of the net
16    revenue realized for  the  preceding  month  from  the  6.25%
17    general  rate  on  the  selling  price  of  tangible personal
18    property.
19        Of the remainder of the moneys received by the Department
20    pursuant to this Act, (a) 1.75% thereof shall  be  paid  into
21    the  Build  Illinois Fund and (b) prior to July 1, 1989, 2.2%
22    and on and after July 1, 1989, 3.8%  thereof  shall  be  paid
23    into  the  Build Illinois Fund; provided, however, that if in
24    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
25    as the case may be, of the moneys received by the  Department
26    and required to be paid into the Build Illinois Fund pursuant
27    to  this  Act, Section 9 of the Use Tax Act, Section 9 of the
28    Service Use Tax Act, and Section 9 of the Service  Occupation
29    Tax  Act,  such  Acts being hereinafter called the "Tax Acts"
30    and such aggregate of 2.2% or 3.8%, as the case  may  be,  of
31    moneys being hereinafter called the "Tax Act Amount", and (2)
32    the  amount  transferred  to the Build Illinois Fund from the
33    State and Local Sales Tax Reform Fund shall be less than  the
34    Annual  Specified  Amount (as hereinafter defined), an amount
HB0018 Enrolled             -93-               LRB9000201THgc
 1    equal to the difference shall be immediately  paid  into  the
 2    Build  Illinois  Fund  from  other  moneys  received  by  the
 3    Department  pursuant  to  the Tax Acts; the "Annual Specified
 4    Amount" means the amounts specified below  for  fiscal  years
 5    1986 through 1993:
 6             Fiscal Year              Annual Specified Amount
 7                 1986                       $54,800,000
 8                 1987                       $76,650,000
 9                 1988                       $80,480,000
10                 1989                       $88,510,000
11                 1990                       $115,330,000
12                 1991                       $145,470,000
13                 1992                       $182,730,000
14                 1993                      $206,520,000;
15    and  means  the Certified Annual Debt Service Requirement (as
16    defined in Section 13 of the Build Illinois Bond Act) or  the
17    Tax  Act  Amount,  whichever is greater, for fiscal year 1994
18    and each fiscal year thereafter; and further  provided,  that
19    if  on  the last business day of any month the sum of (1) the
20    Tax Act Amount  required  to  be  deposited  into  the  Build
21    Illinois  Bond Account in the Build Illinois Fund during such
22    month and (2) the amount transferred to  the  Build  Illinois
23    Fund  from  the  State  and Local Sales Tax Reform Fund shall
24    have been less than 1/12 of the Annual Specified  Amount,  an
25    amount equal to the difference shall be immediately paid into
26    the  Build  Illinois  Fund  from other moneys received by the
27    Department pursuant to the Tax Acts; and,  further  provided,
28    that  in  no  event  shall  the  payments  required under the
29    preceding proviso result in aggregate payments into the Build
30    Illinois Fund pursuant to this clause (b) for any fiscal year
31    in excess of the greater of (i) the Tax Act  Amount  or  (ii)
32    the  Annual  Specified  Amount  for  such  fiscal  year.  The
33    amounts payable into the Build Illinois Fund under clause (b)
34    of the first sentence in this paragraph shall be payable only
HB0018 Enrolled             -94-               LRB9000201THgc
 1    until such time as the aggregate amount on deposit under each
 2    trust  indenture  securing  Bonds  issued   and   outstanding
 3    pursuant to the Build Illinois Bond Act is sufficient, taking
 4    into  account any future investment income, to fully provide,
 5    in accordance with such indenture, for the defeasance  of  or
 6    the  payment  of  the  principal  of,  premium,  if  any, and
 7    interest on the Bonds secured by such indenture  and  on  any
 8    Bonds expected to be issued thereafter and all fees and costs
 9    payable  with  respect  thereto,  all  as  certified  by  the
10    Director  of  the  Bureau  of  the  Budget.   If  on the last
11    business day of any month  in  which  Bonds  are  outstanding
12    pursuant  to  the  Build  Illinois Bond Act, the aggregate of
13    moneys deposited in the Build Illinois Bond  Account  in  the
14    Build  Illinois  Fund  in  such  month shall be less than the
15    amount required to be transferred  in  such  month  from  the
16    Build  Illinois  Bond  Account  to  the  Build  Illinois Bond
17    Retirement and Interest Fund pursuant to Section  13  of  the
18    Build  Illinois  Bond Act, an amount equal to such deficiency
19    shall be immediately paid from other moneys received  by  the
20    Department  pursuant  to  the  Tax Acts to the Build Illinois
21    Fund; provided, however, that any amounts paid to  the  Build
22    Illinois  Fund  in  any fiscal year pursuant to this sentence
23    shall be deemed to constitute payments pursuant to clause (b)
24    of the first sentence of this paragraph and shall reduce  the
25    amount  otherwise  payable  for  such fiscal year pursuant to
26    that clause (b).   The  moneys  received  by  the  Department
27    pursuant  to  this  Act and required to be deposited into the
28    Build Illinois Fund are subject  to  the  pledge,  claim  and
29    charge  set  forth  in  Section 12 of the Build Illinois Bond
30    Act.
31        Subject to payment of amounts  into  the  Build  Illinois
32    Fund  as  provided  in  the  preceding  paragraph  or  in any
33    amendment thereto hereafter enacted, the following  specified
34    monthly   installment   of   the   amount  requested  in  the
HB0018 Enrolled             -95-               LRB9000201THgc
 1    certificate of the Chairman  of  the  Metropolitan  Pier  and
 2    Exposition  Authority  provided  under  Section  8.25f of the
 3    State Finance Act, but not in excess of  sums  designated  as
 4    "Total  Deposit",  shall  be  deposited in the aggregate from
 5    collections under Section 9 of the Use Tax Act, Section 9  of
 6    the  Service Use Tax Act, Section 9 of the Service Occupation
 7    Tax Act, and Section 3 of the Retailers' Occupation  Tax  Act
 8    into  the  McCormick  Place  Expansion  Project  Fund  in the
 9    specified fiscal years.
10             Fiscal Year                   Total Deposit
11                 1993                            $0
12                 1994                        53,000,000
13                 1995                        58,000,000
14                 1996                        61,000,000
15                 1997                        64,000,000
16                 1998                        68,000,000
17                 1999                        71,000,000
18                 2000                        75,000,000
19                 2001                        80,000,000
20                 2002                        84,000,000
21                 2003                        89,000,000
22                 2004                        93,000,000
23                 2005                        97,000,000
24                 2006                       102,000,000
25               2007 and                     106,000,000
26        each fiscal year
27        thereafter that bonds
28        are outstanding under
29        Section 13.2 of the
30        Metropolitan Pier and
31        Exposition Authority
32        Act, but not after fiscal year 2029.
33        Beginning July 20, 1993 and in each month of each  fiscal
34    year  thereafter,  one-eighth  of the amount requested in the
HB0018 Enrolled             -96-               LRB9000201THgc
 1    certificate of the Chairman  of  the  Metropolitan  Pier  and
 2    Exposition  Authority  for  that fiscal year, less the amount
 3    deposited into the McCormick Place Expansion Project Fund  by
 4    the  State Treasurer in the respective month under subsection
 5    (g) of Section 13 of the  Metropolitan  Pier  and  Exposition
 6    Authority  Act,  plus cumulative deficiencies in the deposits
 7    required under this Section for previous  months  and  years,
 8    shall be deposited into the McCormick Place Expansion Project
 9    Fund,  until  the  full amount requested for the fiscal year,
10    but not in excess of the amount  specified  above  as  "Total
11    Deposit", has been deposited.
12        Subject  to  payment  of  amounts into the Build Illinois
13    Fund and the McCormick Place Expansion Project Fund  pursuant
14    to  the  preceding  paragraphs  or  in  any amendment thereto
15    hereafter enacted, each month the Department shall  pay  into
16    the  Local  Government  Distributive  Fund  0.4%  of  the net
17    revenue realized for the preceding month from the 5%  general
18    rate  or  0.4%  of  80%  of  the net revenue realized for the
19    preceding month from the 6.25% general rate, as the case  may
20    be,  on the selling price of tangible personal property which
21    amount shall, subject to  appropriation,  be  distributed  as
22    provided  in  Section 2 of the State Revenue Sharing Act.  No
23    payments or distributions pursuant to this paragraph shall be
24    made if the  tax  imposed  by  this  Act  on  photoprocessing
25    products  is  declared  unconstitutional,  or if the proceeds
26    from such tax are unavailable  for  distribution  because  of
27    litigation.
28        Subject  to  payment  of  amounts into the Build Illinois
29    Fund, the McCormick Place Expansion Project to the  preceding
30    paragraphs  or  in  any amendments thereto hereafter enacted,
31    beginning July 1, 1993, the Department shall each  month  pay
32    into  the Illinois Tax Increment Fund 0.27% of 80% of the net
33    revenue realized for  the  preceding  month  from  the  6.25%
34    general  rate  on  the  selling  price  of  tangible personal
HB0018 Enrolled             -97-               LRB9000201THgc
 1    property.
 2        Of the remainder of the moneys received by the Department
 3    pursuant to this Act, 75% thereof  shall  be  paid  into  the
 4    State Treasury and 25% shall be reserved in a special account
 5    and  used  only for the transfer to the Common School Fund as
 6    part of the monthly transfer from the General Revenue Fund in
 7    accordance with Section 8a of the State Finance Act.
 8        The Department may, upon separate  written  notice  to  a
 9    taxpayer,  require  the taxpayer to prepare and file with the
10    Department on a form prescribed by the Department within  not
11    less  than  60  days  after  receipt  of the notice an annual
12    information return for the tax year specified in the  notice.
13    Such   annual  return  to  the  Department  shall  include  a
14    statement of gross receipts as shown by the  retailer's  last
15    Federal  income  tax  return.   If  the total receipts of the
16    business as reported in the Federal income tax return do  not
17    agree  with  the gross receipts reported to the Department of
18    Revenue for the same period, the retailer shall attach to his
19    annual return a schedule showing a reconciliation  of  the  2
20    amounts  and  the reasons for the difference.  The retailer's
21    annual return to the Department shall also disclose the  cost
22    of goods sold by the retailer during the year covered by such
23    return,  opening  and  closing  inventories of such goods for
24    such year, costs of goods used from stock or taken from stock
25    and given away by the  retailer  during  such  year,  payroll
26    information  of  the retailer's business during such year and
27    any additional reasonable information  which  the  Department
28    deems  would  be  helpful  in determining the accuracy of the
29    monthly, quarterly or annual returns filed by  such  retailer
30    as provided for in this Section.
31        If the annual information return required by this Section
32    is  not  filed  when  and  as required, the taxpayer shall be
33    liable as follows:
34             (i)  Until January 1, 1994, the  taxpayer  shall  be
HB0018 Enrolled             -98-               LRB9000201THgc
 1        liable  for  a  penalty equal to 1/6 of 1% of the tax due
 2        from such taxpayer under this Act during the period to be
 3        covered by the annual return for each month  or  fraction
 4        of  a  month  until such return is filed as required, the
 5        penalty to be assessed and collected in the  same  manner
 6        as any other penalty provided for in this Act.
 7             (ii)  On  and  after  January  1, 1994, the taxpayer
 8        shall be liable for a penalty as described in Section 3-4
 9        of the Uniform Penalty and Interest Act.
10        The chief executive officer, proprietor, owner or highest
11    ranking manager shall sign the annual return to  certify  the
12    accuracy  of  the information contained therein.   Any person
13    who willfully signs the annual  return  containing  false  or
14    inaccurate   information  shall  be  guilty  of  perjury  and
15    punished accordingly.  The annual return form  prescribed  by
16    the  Department  shall  include  a  warning  that  the person
17    signing the return may be liable for perjury.
18        The provisions of this Section concerning the  filing  of
19    an  annual  information return do not apply to a retailer who
20    is not required to file an income tax return with the  United
21    States Government.
22        As  soon  as  possible after the first day of each month,
23    upon  certification  of  the  Department  of   Revenue,   the
24    Comptroller  shall  order transferred and the Treasurer shall
25    transfer from the General Revenue Fund to the Motor Fuel  Tax
26    Fund  an  amount  equal  to  1.7%  of  80% of the net revenue
27    realized under this  Act  for  the  second  preceding  month;
28    except  that  this  transfer shall not be made for the months
29    February through June, 1992.
30        Net revenue realized for a month  shall  be  the  revenue
31    collected  by the State pursuant to this Act, less the amount
32    paid out during  that  month  as  refunds  to  taxpayers  for
33    overpayment of liability.
34        For  greater simplicity of administration, manufacturers,
HB0018 Enrolled             -99-               LRB9000201THgc
 1    importers and wholesalers whose products are sold  at  retail
 2    in Illinois by numerous retailers, and who wish to do so, may
 3    assume  the  responsibility  for accounting and paying to the
 4    Department all tax accruing under this Act  with  respect  to
 5    such  sales,  if  the  retailers who are affected do not make
 6    written objection to the Department to this arrangement.
 7        Any  person  who  promotes,  organizes,  provides  retail
 8    selling space for concessionaires or other types  of  sellers
 9    at the Illinois State Fair, DuQuoin State Fair, county fairs,
10    local  fairs, art shows, flea markets and similar exhibitions
11    or events, including any transient  merchant  as  defined  by
12    Section  2 of the Transient Merchant Act of 1987, is required
13    to file a report with the Department providing  the  name  of
14    the  merchant's  business,  the name of the person or persons
15    engaged in merchant's business,  the  permanent  address  and
16    Illinois  Retailers Occupation Tax Registration Number of the
17    merchant, the dates and  location  of  the  event  and  other
18    reasonable  information that the Department may require.  The
19    report must be filed not later than the 20th day of the month
20    next following the month during which the event  with  retail
21    sales  was  held.   Any  person  who  fails  to file a report
22    required by this Section commits a business  offense  and  is
23    subject to a fine not to exceed $250.
24        Any  person  engaged  in the business of selling tangible
25    personal property at retail as a concessionaire or other type
26    of seller at the  Illinois  State  Fair,  county  fairs,  art
27    shows, flea markets and similar exhibitions or events, or any
28    transient merchants, as defined by Section 2 of the Transient
29    Merchant  Act of 1987, may be required to make a daily report
30    of the amount of such sales to the Department and to  make  a
31    daily  payment of the full amount of tax due.  The Department
32    shall impose this requirement when it finds that there  is  a
33    significant  risk  of loss of revenue to the State at such an
34    exhibition or event.   Such  a  finding  shall  be  based  on
HB0018 Enrolled             -100-              LRB9000201THgc
 1    evidence  that  a  substantial  number  of concessionaires or
 2    other sellers who are  not  residents  of  Illinois  will  be
 3    engaging   in  the  business  of  selling  tangible  personal
 4    property at retail at  the  exhibition  or  event,  or  other
 5    evidence  of  a  significant  risk  of loss of revenue to the
 6    State.  The Department shall notify concessionaires and other
 7    sellers affected by the imposition of this  requirement.   In
 8    the   absence   of   notification   by  the  Department,  the
 9    concessionaires and other sellers shall file their returns as
10    otherwise required in this Section.
11    (Source: P.A.  89-89,  eff.  6-30-95;  89-235,  eff.  8-4-95;
12    89-379,  eff.  1-1-96;  89-626,  eff.  8-9-96;  90-491,  eff.
13    1-1-99.)
14        Section  30.  The  Metropolitan   Pier   and   Exposition
15    Authority  Act  is amended by changing Sections 13, 13.2, and
16    20 as follows:
17        (70 ILCS 210/13) (from Ch. 85, par. 1233)
18        Sec. 13. (a) The Authority shall not have power  to  levy
19    taxes for any purpose, except as provided in subsections (b),
20    (c), (d), (e), and (f).
21        (b)  By   ordinance  the  Authority  shall,  as  soon  as
22    practicable after the effective date of this  amendatory  Act
23    of  1991, impose a Metropolitan Pier and Exposition Authority
24    Retailers' Occupation Tax upon all  persons  engaged  in  the
25    business  of  selling  tangible  personal  property at retail
26    within the territory described in this subsection at the rate
27    of 1.0% of the gross receipts (i)  from  the  sale  of  food,
28    alcoholic  beverages, and soft drinks sold for consumption on
29    the premises where sold and  (ii)  from  the  sale  of  food,
30    alcoholic beverages, and soft drinks sold for consumption off
31    the  premises where sold by a retailer whose principal source
32    of gross  receipts  is  from  the  sale  of  food,  alcoholic
HB0018 Enrolled             -101-              LRB9000201THgc
 1    beverages,   and   soft   drinks   prepared   for   immediate
 2    consumption.
 3        The  tax  imposed  under  this  subsection  and all civil
 4    penalties that may be assessed as an  incident  to  that  tax
 5    shall be collected and enforced by the Illinois Department of
 6    Revenue.  The  Department shall have full power to administer
 7    and  enforce  this  subsection,  to  collect  all  taxes  and
 8    penalties  so  collected  in  the  manner  provided  in  this
 9    subsection, and to determine all rights to  credit  memoranda
10    arising on account of the erroneous payment of tax or penalty
11    under   this   subsection.   In  the  administration  of  and
12    compliance with this subsection, the Department  and  persons
13    who  are  subject  to  this  subsection  shall  have the same
14    rights, remedies, privileges, immunities, powers, and duties,
15    shall  be  subject  to  the  same  conditions,  restrictions,
16    limitations,   penalties,   exclusions,    exemptions,    and
17    definitions  of  terms,  and  shall  employ the same modes of
18    procedure applicable to this Retailers' Occupation Tax as are
19    prescribed in Sections 1, 2 through 2-65 (in respect  to  all
20    provisions  of  those  Sections  other than the State rate of
21    taxes), 2c, 2h, 2i, 3 (except as to the disposition of  taxes
22    and  penalties  collected), 4, 5, 5a, 5b, 5c, 5d, 5e, 5f, 5g,
23    5i, 5j, 6, 6a, 6b, 6c, 7, 8, 9, 10, 11, 12, 13 and, and until
24    January 1, 1994, 13.5 of the Retailers' Occupation  Tax  Act,
25    and,  on and after January 1, 1994, all applicable provisions
26    of  the  Uniform  Penalty  and  Interest  Act  that  are  not
27    inconsistent  with  this  Act,  as  fully  as  if  provisions
28    contained in those Sections of the Retailers' Occupation  Tax
29    Act were set forth in this subsection.
30        Persons  subject  to  any tax imposed under the authority
31    granted in this subsection may reimburse themselves for their
32    seller's tax liability under this  subsection  by  separately
33    stating that tax as an additional charge, which charge may be
34    stated  in  combination, in a single amount, with State taxes
HB0018 Enrolled             -102-              LRB9000201THgc
 1    that sellers are required to collect under the Use  Tax  Act,
 2    pursuant   to   bracket   schedules  as  the  Department  may
 3    prescribe. The retailer filing the return shall, at the  time
 4    of filing the return, pay to the Department the amount of tax
 5    imposed  under  this  subsection,  less  a discount of 1.75%,
 6    which is allowed to reimburse the retailer for  the  expenses
 7    incurred  in  keeping  records, preparing and filing returns,
 8    remitting the tax, and supplying data to  the  Department  on
 9    request.
10        Whenever  the  Department determines that a refund should
11    be made under  this  subsection  to  a  claimant  instead  of
12    issuing  a credit memorandum, the Department shall notify the
13    State Comptroller, who shall cause a warrant to be drawn  for
14    the   amount  specified  and  to  the  person  named  in  the
15    notification from the Department. The refund shall be paid by
16    the  State  Treasurer  out  of  the  Metropolitan  Pier   and
17    Exposition  Authority  trust fund held by the State Treasurer
18    as trustee for the Authority.
19        Nothing in this subsection authorizes  the  Authority  to
20    impose  a  tax upon the privilege of engaging in any business
21    that under the Constitution of the United States may  not  be
22    made the subject of taxation by this State.
23        The  Department  shall  forthwith  pay  over to the State
24    Treasurer, ex officio, as  trustee  for  the  Authority,  all
25    taxes  and  penalties  collected  under  this  subsection for
26    deposit into a trust fund held outside of the State Treasury.
27    On or before  the  25th  day  of  each  calendar  month,  the
28    Department  shall  prepare and certify to the Comptroller the
29    amounts to be paid under  subsection  (g)  of  this  Section,
30    which  shall  be the amounts, not including credit memoranda,
31    collected under this subsection during the  second  preceding
32    calendar month by the Department, less any amounts determined
33    by  the Department to be necessary for the payment of refunds
34    and less 2% of such balance, which sum shall be deposited  by
HB0018 Enrolled             -103-              LRB9000201THgc
 1    the   State   Treasurer   into   the   Tax   Compliance   and
 2    Administration Fund in the State Treasury from which it shall
 3    be  appropriated  to the Department to cover the costs of the
 4    Department in administering and enforcing the  provisions  of
 5    this  subsection.   Within  10  days  after  receipt  by  the
 6    Comptroller of the certification, the Comptroller shall cause
 7    the  orders  to  be  drawn for the remaining amounts, and the
 8    Treasurer shall  administer  those  amounts  as  required  in
 9    subsection (g).
10        A  certificate  of  registration  issued  by the Illinois
11    Department of Revenue to  a  retailer  under  the  Retailers'
12    Occupation Tax Act shall permit the registrant to engage in a
13    business  that  is  taxed  under  the  tax imposed under this
14    subsection, and no additional registration shall be  required
15    under   the   ordinance   imposing  the  tax  or  under  this
16    subsection.
17        A  certified  copy   of   any   ordinance   imposing   or
18    discontinuing  any  tax  under this subsection or effecting a
19    change in the rate of  that  tax  shall  be  filed  with  the
20    Department,   whereupon   the  Department  shall  proceed  to
21    administer and enforce  this  subsection  on  behalf  of  the
22    Authority  as  of  the  first day of the third calendar month
23    following the date of filing.
24        The tax authorized to be levied under this subsection may
25    be levied within all or any part of the  following  described
26    portions of the metropolitan area:
27             (1)  that  portion  of  the  City of Chicago located
28        within the following area:  Beginning  at  the  point  of
29        intersection  of the Cook County - DuPage County line and
30        York Road, then North along York Road to its intersection
31        with Touhy Avenue, then east along Touhy  Avenue  to  its
32        intersection  with  the Northwest Tollway, then southeast
33        along the Northwest Tollway to its intersection with  Lee
34        Street, then south along Lee Street to Higgins Road, then
HB0018 Enrolled             -104-              LRB9000201THgc
 1        south  and  east  along  Higgins Road to its intersection
 2        with Mannheim Road, then south along Mannheim Road to its
 3        intersection with  Irving  Park  Road,  then  west  along
 4        Irving Park Road to its intersection with the Cook County
 5        -  DuPage  County  line,  then  north  and west along the
 6        county line to the point of beginning; and
 7             (2)  that portion of the  City  of  Chicago  located
 8        within the following area:  Beginning at the intersection
 9        of  West 55th Street with Central Avenue, then east along
10        West 55th Street to its intersection  with  South  Cicero
11        Avenue,  then  south  along  South  Cicero  Avenue to its
12        intersection with West 63rd Street, then west along  West
13        63rd  Street  to  its  intersection  with  South  Central
14        Avenue,  then  north  along  South  Central Avenue to the
15        point of beginning; and
16             (3)  that portion of the  City  of  Chicago  located
17        within  the  following  area:  Beginning at the point 150
18        feet west of the intersection of the west line  of  North
19        Ashland  Avenue  and  the  north  line  of  West Diversey
20        Avenue, then north 150 feet, then east along a  line  150
21        feet  north  of  the  north  line of West Diversey Avenue
22        extended  to  the  shoreline  of  Lake   Michigan,   then
23        following  the shoreline of Lake Michigan (including Navy
24        Pier and all other improvements fixed to land, docks,  or
25        piers)  to the point where the shoreline of Lake Michigan
26        and the Adlai E. Stevenson Expressway  extended  east  to
27        that  shoreline  intersect,  then west along the Adlai E.
28        Stevenson Expressway to a point 150 feet west of the west
29        line of South Ashland Avenue, then north along a line 150
30        feet west of the west line of  South  and  North  Ashland
31        Avenue to the point of beginning.
32        The tax authorized to be levied under this subsection may
33    also  be levied on food, alcoholic beverages, and soft drinks
34    sold  on  boats  and  other  watercraft  departing  from  and
HB0018 Enrolled             -105-              LRB9000201THgc
 1    returning to the shoreline of Lake Michigan  (including  Navy
 2    Pier  and  all  other  improvements  fixed to land, docks, or
 3    piers) described in item (3).
 4        (c)  By  ordinance  the  Authority  shall,  as  soon   as
 5    practicable  after  the effective date of this amendatory Act
 6    of 1991, impose an occupation tax upon all persons engaged in
 7    the corporate limits of the City of Chicago in  the  business
 8    of  renting, leasing, or letting rooms in a hotel, as defined
 9    in the Hotel Operators' Occupation Tax Act, at a rate of 2.5%
10    of the gross rental receipts from the  renting,  leasing,  or
11    letting of hotel rooms within the City of Chicago, excluding,
12    however,  from gross rental receipts the proceeds of renting,
13    leasing, or letting to permanent residents  of  a  hotel,  as
14    defined in that Act.  Gross rental receipts shall not include
15    charges  that  are  added on account of the liability arising
16    from any tax imposed by the State or any governmental  agency
17    on  the occupation of renting, leasing, or letting rooms in a
18    hotel.
19        The tax imposed by the Authority  under  this  subsection
20    and  all  civil penalties that may be assessed as an incident
21    to that tax shall be collected and enforced by  the  Illinois
22    Department  of Revenue.  The certificate of registration that
23    is issued by the Department  to  a  lessor  under  the  Hotel
24    Operators' Occupation Tax Act shall permit that registrant to
25    engage  in  a  business  that  is taxable under any ordinance
26    enacted under this subsection without registering  separately
27    with  the  Department  under  that  ordinance  or  under this
28    subsection.   The  Department  shall  have  full   power   to
29    administer  and enforce this subsection, to collect all taxes
30    and penalties due under this subsection, to dispose of  taxes
31    and  penalties  so  collected  in the manner provided in this
32    subsection, and to determine all rights to  credit  memoranda
33    arising on account of the erroneous payment of tax or penalty
34    under   this   subsection.   In  the  administration  of  and
HB0018 Enrolled             -106-              LRB9000201THgc
 1    compliance with this subsection, the Department  and  persons
 2    who  are  subject  to  this  subsection  shall  have the same
 3    rights, remedies, privileges, immunities, powers, and duties,
 4    shall  be  subject  to  the  same  conditions,  restrictions,
 5    limitations, penalties, and definitions of terms,  and  shall
 6    employ  the  same modes of procedure as are prescribed in the
 7    Hotel Operators' Occupation Tax Act (except where that Act is
 8    inconsistent with  this  subsection),  as  fully  as  if  the
 9    provisions  contained  in the Hotel Operators' Occupation Tax
10    Act were set out in this subsection.
11        Whenever the Department determines that a  refund  should
12    be  made  under  this  subsection  to  a  claimant instead of
13    issuing a credit memorandum, the Department shall notify  the
14    State  Comptroller, who shall cause a warrant to be drawn for
15    the  amount  specified  and  to  the  person  named  in   the
16    notification from the Department. The refund shall be paid by
17    the   State  Treasurer  out  of  the  Metropolitan  Pier  and
18    Exposition Authority trust fund held by the  State  Treasurer
19    as trustee for the Authority.
20        Persons  subject  to  any tax imposed under the authority
21    granted in this subsection may reimburse themselves for their
22    tax liability for that tax by separately stating that tax  as
23    an   additional   charge,  which  charge  may  be  stated  in
24    combination, in a single amount,  with  State  taxes  imposed
25    under  the Hotel Operators' Occupation Tax Act, the municipal
26    tax imposed under Section 8-3-13 of  the  Illinois  Municipal
27    Code,  and  the  tax imposed under Section 19 of the Illinois
28    Sports Facilities Authority Act.
29        The person filing the return shall, at the time of filing
30    the return, pay to the Department the amount of tax,  less  a
31    discount  of  2.1%  or  $25  per  calendar year, whichever is
32    greater, which is allowed to reimburse the operator  for  the
33    expenses  incurred  in  keeping records, preparing and filing
34    returns,  remitting  the  tax,  and  supplying  data  to  the
HB0018 Enrolled             -107-              LRB9000201THgc
 1    Department on request.
 2        The Department shall forthwith  pay  over  to  the  State
 3    Treasurer,  ex  officio,  as  trustee  for the Authority, all
 4    taxes and  penalties  collected  under  this  subsection  for
 5    deposit into a trust fund held outside the State Treasury. On
 6    or before the 25th day of each calendar month, the Department
 7    shall certify to the Comptroller the amounts to be paid under
 8    subsection  (g)  of  this Section, which shall be the amounts
 9    (not  including  credit  memoranda)  collected   under   this
10    subsection  during the second preceding calendar month by the
11    Department, less any amounts determined by the Department  to
12    be  necessary  for  payment of refunds.  Within 10 days after
13    receipt by the Comptroller of the Department's certification,
14    the Comptroller shall cause the orders to be drawn  for  such
15    amounts,  and the Treasurer shall administer those amounts as
16    required in subsection (g).
17        A  certified  copy  of   any    ordinance   imposing   or
18    discontinuing  a  tax  under  this  subsection or effecting a
19    change in the rate of  that  tax  shall  be  filed  with  the
20    Illinois  Department  of  Revenue,  whereupon  the Department
21    shall proceed to administer and enforce  this  subsection  on
22    behalf  of  the  Authority  as  of the first day of the third
23    calendar month following the date of filing.
24        (d)  By  ordinance  the  Authority  shall,  as  soon   as
25    practicable  after  the effective date of this amendatory Act
26    of 1991, impose  a  tax  upon  all  persons  engaged  in  the
27    business  of  renting automobiles in the metropolitan area at
28    the rate of 6% of the  gross  receipts  from  that  business,
29    except  that  no  tax  shall  be  imposed  on the business of
30    renting automobiles for use as taxicabs or in livery service.
31    The tax imposed under this subsection and all civil penalties
32    that may be assessed as an incident  to  that  tax  shall  be
33    collected and enforced by the Illinois Department of Revenue.
34    The certificate of registration issued by the Department to a
HB0018 Enrolled             -108-              LRB9000201THgc
 1    retailer under the Retailers' Occupation Tax Act or under the
 2    Automobile  Renting  Occupation  and Use Tax Act shall permit
 3    that person to engage in a business that is taxable under any
 4    ordinance enacted under this subsection  without  registering
 5    separately  with the Department under that ordinance or under
 6    this subsection.  The Department shall  have  full  power  to
 7    administer  and enforce this subsection, to collect all taxes
 8    and penalties due under this subsection, to dispose of  taxes
 9    and  penalties  so  collected  in the manner provided in this
10    subsection, and to determine all rights to  credit  memoranda
11    arising on account of the erroneous payment of tax or penalty
12    under   this   subsection.   In  the  administration  of  and
13    compliance with this subsection, the Department  and  persons
14    who  are  subject  to  this  subsection  shall  have the same
15    rights, remedies, privileges, immunities, powers, and duties,
16    be subject to the same conditions, restrictions, limitations,
17    penalties, and definitions of  terms,  and  employ  the  same
18    modes  of procedure as are prescribed in Sections 2 and 3 (in
19    respect to all provisions of those Sections  other  than  the
20    State  rate  of  tax; and in respect to the provisions of the
21    Retailers' Occupation Tax Act referred to in those  Sections,
22    except   as   to  the  disposition  of  taxes  and  penalties
23    collected, except for  the  provision  allowing  retailers  a
24    deduction  from  the  tax  to cover certain costs, and except
25    that credit memoranda issued under this subsection may not be
26    used to discharge any State tax liability) of the  Automobile
27    Renting Occupation and Use Tax Act, as fully as if provisions
28    contained  in  those  Sections  of that Act were set forth in
29    this subsection.
30        Persons subject to any tax imposed  under  the  authority
31    granted in this subsection may reimburse themselves for their
32    tax  liability  under  this  subsection by separately stating
33    that tax as an additional charge, which charge may be  stated
34    in  combination,  in  a  single  amount,  with State tax that
HB0018 Enrolled             -109-              LRB9000201THgc
 1    sellers are required to collect under the Automobile  Renting
 2    Occupation  and Use Tax Act, pursuant to bracket schedules as
 3    the Department may prescribe.
 4        Whenever the Department determines that a  refund  should
 5    be  made  under  this  subsection  to  a  claimant instead of
 6    issuing a credit memorandum, the Department shall notify  the
 7    State  Comptroller, who shall cause a warrant to be drawn for
 8    the  amount  specified  and  to  the  person  named  in   the
 9    notification  from  the Department.  The refund shall be paid
10    by the State Treasurer  out  of  the  Metropolitan  Pier  and
11    Exposition  Authority  trust fund held by the State Treasurer
12    as trustee for the Authority.
13        The Department shall forthwith  pay  over  to  the  State
14    Treasurer,  ex  officio,  as trustee, all taxes and penalties
15    collected under this subsection for deposit into a trust fund
16    held outside the State Treasury. On or before the 25th day of
17    each calendar month, the  Department  shall  certify  to  the
18    Comptroller  the  amounts  to be paid under subsection (g) of
19    this Section (not including credit memoranda) collected under
20    this subsection during the second preceding calendar month by
21    the Department, less any amount determined by the  Department
22    to  be necessary for payment of refunds. Within 10 days after
23    receipt by the Comptroller of the Department's certification,
24    the Comptroller shall cause the orders to be drawn  for  such
25    amounts,  and the Treasurer shall administer those amounts as
26    required in subsection (g).
27        Nothing in this subsection authorizes  the  Authority  to
28    impose  a  tax upon the privilege of engaging in any business
29    that under the Constitution of the United States may  not  be
30    made the subject of taxation by this State.
31        A   certified   copy   of   any   ordinance  imposing  or
32    discontinuing a tax under  this  subsection  or  effecting  a
33    change  in  the  rate  of  that  tax  shall be filed with the
34    Illinois Department  of  Revenue,  whereupon  the  Department
HB0018 Enrolled             -110-              LRB9000201THgc
 1    shall  proceed  to  administer and enforce this subsection on
 2    behalf of the Authority as of the  first  day  of  the  third
 3    calendar month following the date of filing.
 4        (e)  By   ordinance  the  Authority  shall,  as  soon  as
 5    practicable after the effective date of this  amendatory  Act
 6    of  1991,  impose  a  tax  upon the privilege of using in the
 7    metropolitan area an automobile that is rented from a  rentor
 8    outside  Illinois  and is titled or registered with an agency
 9    of this State's government at a rate  of  6%  of  the  rental
10    price of that automobile, except that no tax shall be imposed
11    on  the  privilege  of  using  automobiles  rented for use as
12    taxicabs or in livery service.  The tax  shall  be  collected
13    from   persons   whose   Illinois   address  for  titling  or
14    registration purposes is given as being in  the  metropolitan
15    area.   The  tax  shall  be  collected  by  the Department of
16    Revenue for the Authority.  The tax must be paid to the State
17    or an exemption  determination  must  be  obtained  from  the
18    Department  of  Revenue  before  the  title or certificate of
19    registration for the property may  be  issued.   The  tax  or
20    proof  of  exemption  may be transmitted to the Department by
21    way of the State agency with which or State officer with whom
22    the tangible personal property must be titled  or  registered
23    if  the Department and that agency or State officer determine
24    that  this  procedure  will  expedite   the   processing   of
25    applications for title or registration.
26        The  Department  shall  have full power to administer and
27    enforce this subsection, to collect all taxes, penalties, and
28    interest due under this  subsection,  to  dispose  of  taxes,
29    penalties,  and  interest so collected in the manner provided
30    in this subsection, and to determine  all  rights  to  credit
31    memoranda  or  refunds  arising  on  account of the erroneous
32    payment of tax, penalty, or interest under  this  subsection.
33    In the administration of and compliance with this subsection,
34    the Department and persons who are subject to this subsection
HB0018 Enrolled             -111-              LRB9000201THgc
 1    shall have the same rights, remedies, privileges, immunities,
 2    powers,  and  duties,  be  subject  to  the  same conditions,
 3    restrictions,  limitations,  penalties,  and  definitions  of
 4    terms,  and  employ  the  same  modes  of  procedure  as  are
 5    prescribed in Sections 2 and 4 (except provisions  pertaining
 6    to the State rate of tax; and in respect to the provisions of
 7    the   Use  Tax  Act  referred  to  in  that  Section,  except
 8    provisions concerning collection or refunding of the  tax  by
 9    retailers,  except the provisions of Section 19 pertaining to
10    claims by retailers, except  the  last  paragraph  concerning
11    refunds,  and  except that credit memoranda issued under this
12    subsection may  not  be  used  to  discharge  any  State  tax
13    liability)  of  the Automobile Renting Occupation and Use Tax
14    Act, as fully as if provisions contained in those Sections of
15    that Act were set forth in this subsection.
16        Whenever the Department determines that a  refund  should
17    be  made  under  this  subsection  to  a  claimant instead of
18    issuing a credit memorandum, the Department shall notify  the
19    State  Comptroller, who shall cause a warrant to be drawn for
20    the  amount  specified  and  to  the  person  named  in   the
21    notification  from  the Department.  The refund shall be paid
22    by the State Treasurer  out  of  the  Metropolitan  Pier  and
23    Exposition  Authority  trust fund held by the State Treasurer
24    as trustee for the Authority.
25        The Department shall forthwith  pay  over  to  the  State
26    Treasurer,  ex officio, as trustee, all taxes, penalties, and
27    interest collected under this subsection for deposit  into  a
28    trust  fund held outside the State Treasury. On or before the
29    25th day of each calendar month, the Department shall certify
30    to the  State  Comptroller  the  amounts  to  be  paid  under
31    subsection  (g)  of  this Section, which shall be the amounts
32    (not  including  credit  memoranda)  collected   under   this
33    subsection  during the second preceding calendar month by the
34    Department, less any amounts determined by the Department  to
HB0018 Enrolled             -112-              LRB9000201THgc
 1    be  necessary  for  payment  of refunds. Within 10 days after
 2    receipt  by  the  State  Comptroller  of   the   Department's
 3    certification,  the  Comptroller shall cause the orders to be
 4    drawn for such amounts, and the  Treasurer  shall  administer
 5    those amounts as required in subsection (g).
 6        A   certified   copy   of   any   ordinance  imposing  or
 7    discontinuing a tax or effecting a change in the rate of that
 8    tax shall be filed with the Illinois Department  of  Revenue,
 9    whereupon  the  Department  shall  proceed  to administer and
10    enforce this subsection on behalf of the Authority as of  the
11    first  day  of the third calendar month following the date of
12    filing.
13        (f)  By  ordinance  the  Authority  shall,  as  soon   as
14    practicable  after  the effective date of this amendatory Act
15    of 1991, impose an occupation tax on all persons, other  than
16    a  governmental  agency, engaged in the business of providing
17    ground  transportation  for  hire  to   passengers   in   the
18    metropolitan  area  at  a  rate  of (i) $2 per taxi or livery
19    vehicle departure with passengers for  hire  from  commercial
20    service  airports  in  the  metropolitan  area, (ii) for each
21    departure with passengers for hire from a commercial  service
22    airport  in the metropolitan area in a bus or van operated by
23    a person other than a person described in item (iii):  $9 per
24    bus or van with a capacity of 1-12 passengers, $18 per bus or
25    van with a capacity of 13-24 passengers, and $27 per  bus  or
26    van with a capacity of over 24 passengers, and (iii) for each
27    departure  with passengers for hire from a commercial service
28    airport in the metropolitan area in a bus or van operated  by
29    a  person  regulated by the Interstate Commerce Commission or
30    Illinois Commerce  Commission,  operating  scheduled  service
31    from  the  airport,  and  charging  fares  on a per passenger
32    basis:  $1 per passenger for hire in each  bus  or  van.  The
33    term  "commercial  service  airports"  means  those  airports
34    receiving scheduled passenger service and enplaning more than
HB0018 Enrolled             -113-              LRB9000201THgc
 1    100,000 passengers per year.
 2        In  the  ordinance  imposing  the  tax, the Authority may
 3    provide for the administration and enforcement of the tax and
 4    the collection of the tax from persons subject to the tax  as
 5    the  Authority  determines to be necessary or practicable for
 6    the effective administration of the tax.  The  Authority  may
 7    enter  into  agreements  as  it  deems  appropriate  with any
 8    governmental agency providing for that agency to act  as  the
 9    Authority's agent to collect the tax.
10        In  the  ordinance  imposing  the  tax, the Authority may
11    designate a method or methods for persons subject to the  tax
12    to  reimburse  themselves for the tax liability arising under
13    the ordinance (i) by separately stating the  full  amount  of
14    the  tax  liability  as  an  additional  charge to passengers
15    departing the airports, (ii) by separately  stating  one-half
16    of  the  tax  liability  as  an  additional  charge  to  both
17    passengers  departing  from and to passengers arriving at the
18    airports, or (iii) by some other  method  determined  by  the
19    Authority.
20        All  taxes,  penalties,  and interest collected under any
21    ordinance adopted under this  subsection,  less  any  amounts
22    determined  to be necessary for the payment of refunds, shall
23    be paid forthwith to the State  Treasurer,  ex  officio,  for
24    deposit into a trust fund held outside the State Treasury and
25    shall  be  administered by the State Treasurer as provided in
26    subsection (g) of this Section.
27        (g)  Amounts deposited from the proceeds of taxes imposed
28    by the Authority under subsections (b), (c),  (d),  (e),  and
29    (f) of this Section and amounts deposited under Section 19 of
30    the Illinois Sports Facilities Authority Act shall be held in
31    a  trust  fund  outside  the  State  Treasury  and  shall  be
32    administered  by  the Treasurer as follows:  first, an amount
33    necessary for the payment of refunds shall be retained in the
34    trust fund; second, the balance of the proceeds deposited  in
HB0018 Enrolled             -114-              LRB9000201THgc
 1    the  trust  fund during fiscal year 1993 shall be retained in
 2    the trust fund during  that  year  and  thereafter  shall  be
 3    administered  as  a  reserve to fund the deposits required in
 4    item "third"; third, beginning July 20, 1993, and  continuing
 5    each  month thereafter, provided that the amount requested in
 6    the certificate of the Chairman of the Authority filed  under
 7    Section  8.25f of the State Finance Act has been appropriated
 8    for payment to  the  Authority,  1/8  of  the  annual  amount
 9    requested  in  that  certificate together with any cumulative
10    deficiencies shall be transferred from the  trust  fund  into
11    the  McCormick  Place  Expansion  Project  Fund  in the State
12    Treasury  until  100%  of  the  amount  requested   in   that
13    certificate  plus  any cumulative deficiencies in the amounts
14    transferred into the McCormick Place Expansion  Project  Fund
15    under  this  item  "third", have been so transferred; fourth,
16    the balance shall be maintained in the trust fund; fifth,  on
17    July  20,  1994,  and  on July 20 of each year thereafter the
18    Treasurer shall calculate for the previous  fiscal  year  the
19    surplus revenues in the trust fund and pay that amount to the
20    Authority.    "Surplus  revenues"  shall  mean the difference
21    between the amount in the trust fund on June 30 of the fiscal
22    year previous to the current fiscal year  (excluding  amounts
23    retained  for  refunds  under  item "first") minus the amount
24    deposited in the trust fund during  fiscal  year  1993  under
25    item  "second".  Moneys  received by the Authority under item
26    "fifth" may be used solely for the purposes  of  paying  debt
27    service  on  the  bonds  and  notes  issued by the Authority,
28    including early redemption of those bonds or notes,  and  for
29    the  purposes of capital repair, replacement, and improvement
30    and rehabilitation of the grounds, buildings, and  facilities
31    of  the Authority Expansion Project; provided that any moneys
32    in excess of $50,000,000 held by the Authority as of June  30
33    in  any  fiscal year and received by the Authority under item
34    "fifth" shall be used solely for paying the debt  service  on
HB0018 Enrolled             -115-              LRB9000201THgc
 1    or early redemption of the  Authority's bonds or notes.  When
 2    bonds  and notes issued under Section 13.2, or bonds or notes
 3    issued to  refund  those  bonds  and  notes,  are  no  longer
 4    outstanding,  the  balance in the trust fund shall be paid to
 5    the Authority.
 6        (h)  The ordinances imposing the taxes authorized by this
 7    Section shall be repealed when bonds and notes  issued  under
 8    Section  13.2 or bonds and notes issued to refund those bonds
 9    and notes are no longer outstanding.
10    (Source: P.A.  87-733;  87-879;  87-895;  87-1175;   87-1189;
11    88-45.)
12        (70 ILCS 210/13.2) (from Ch. 85, par. 1233.2)
13        Sec. 13.2.  The McCormick Place Expansion Project Fund is
14    created  in  the State Treasury.  All moneys in the McCormick
15    Place Expansion Project Fund are allocated to  and  shall  be
16    appropriated and used only for the purposes authorized by and
17    subject to the limitations and conditions of this subsection.
18    Those amounts may be appropriated by law to the Authority for
19    the  purposes  of paying the debt service requirements on all
20    bonds  and  notes,  including  refunding  bonds  and   notes,
21    (collectively  referred  to  as  "bonds") to be issued by the
22    Authority  under  this  Section  in  an  aggregate   original
23    principal amount (excluding the amount of any refunding bonds
24    and  notes) not to exceed $1,037,000,000 $937,000,000 for the
25    purposes of  carrying  out  and  performing  its  duties  and
26    exercising  its  powers  under  this  Act. No refunding bonds
27    issued under this Section may mature later than  the  longest
28    maturity  date  of the series of bonds being refunded.  After
29    the aggregate original principal amount of  bonds  authorized
30    in  this  subsection  has  been  issued,  the  payment of any
31    principal  amount  of  such  bonds  does  not  authorize  the
32    issuance of additional bonds (except refunding bonds).
33        On the first day of each month commencing after  July  1,
HB0018 Enrolled             -116-              LRB9000201THgc
 1    1993,  amounts,  if  any,  on  deposit in the McCormick Place
 2    Expansion Project Fund shall, subject  to  appropriation,  be
 3    paid  in full to the Authority or, upon its direction, to the
 4    trustee or trustees for bondholders of bonds  that  by  their
 5    terms are payable from the moneys received from the McCormick
 6    Place  Expansion  Project Fund, until an amount equal to 100%
 7    of the aggregate amount of the principal and interest in  the
 8    fiscal   year,   including  that  pursuant  to  sinking  fund
 9    requirements, has been so paid and deficiencies  in  reserves
10    shall have been remedied.
11        The  State  of  Illinois  pledges  to and agrees with the
12    holders of the bonds of the Metropolitan Pier and  Exposition
13    Authority  issued  under this Section that the State will not
14    limit or alter the rights and powers vested in the  Authority
15    by this Act so as to impair the terms of any contract made by
16    the  Authority  with  those  holders or in any way impair the
17    rights  and  remedies  of  those  holders  until  the  bonds,
18    together  with  interest  thereon,  interest  on  any  unpaid
19    installments of interest,  and  all  costs  and  expenses  in
20    connection  with any action or proceedings by or on behalf of
21    those holders are fully met and discharged; provided that any
22    increase in the Tax Act Amounts specified in Section 3 of the
23    Retailers' Occupation Tax Act, Section 9 of the Use Tax  Act,
24    Section  9  of  the Service Use Tax Act, and Section 9 of the
25    Service Occupation Tax Act required to be deposited into  the
26    Build  Illinois  Bond  Account  in  the  Build  Illinois Fund
27    pursuant to any law hereafter enacted shall not be deemed  to
28    impair  the  rights  of  such holders so long as the increase
29    does not result in the aggregate debt service payable in  the
30    current  or  any future fiscal year of the State on all bonds
31    issued pursuant to  the  Build  Illinois  Bond  Act  and  the
32    Metropolitan  Pier  and  Exposition Authority Act and payable
33    from tax revenues specified in Section 3  of  the  Retailers'
34    Occupation  Tax  Act, Section 9 of the Use Tax Act, Section 9
HB0018 Enrolled             -117-              LRB9000201THgc
 1    of the Service Use Tax Act, and  Section  9  of  the  Service
 2    Occupation Tax Act exceeding 33 1/3% of such tax revenues for
 3    the  most  recently completed fiscal year of the State at the
 4    time of such increase. In addition, the State pledges to  and
 5    agrees  with the holders of the bonds of the Authority issued
 6    under this Section that the State will not limit or alter the
 7    basis on which State funds are to be paid to the Authority as
 8    provided in this Act or the use  of  those  funds  so  as  to
 9    impair  the  terms  of  any  such contract; provided that any
10    increase in the Tax Act Amounts specified in Section 3 of the
11    Retailers' Occupation Tax Act, Section 9 of the Use Tax  Act,
12    Section  9  of  the Service Use Tax Act, and Section 9 of the
13    Service Occupation Tax Act required to be deposited into  the
14    Build  Illinois  Bond  Account  in  the  Build  Illinois Fund
15    pursuant to any law hereafter enacted shall not be deemed  to
16    impair the terms of any such contract so long as the increase
17    does  not result in the aggregate debt service payable in the
18    current or any future fiscal year of the State on  all  bonds
19    issued  pursuant  to  the  Build  Illinois  Bond  Act and the
20    Metropolitan Pier and Exposition Authority  Act  and  payable
21    from  tax  revenues  specified in Section 3 of the Retailers'
22    Occupation Tax Act, Section 9 of the Use Tax Act,  Section  9
23    of  the  Service  Use  Tax  Act, and Section 9 of the Service
24    Occupation Tax Act exceeding 33 1/3% of such tax revenues for
25    the most recently completed fiscal year of the State  at  the
26    time of such increase. The Authority is authorized to include
27    these  pledges  and agreements with the State in any contract
28    with the holders of bonds issued under this Section.
29        The State shall not be liable on bonds of  the  Authority
30    issued  under this Section those bonds shall not be a debt of
31    the State, and this Act shall not be construed as a guarantee
32    by the State of the debts of the Authority. The  bonds  shall
33    contain a statement to this effect on the face of the bonds.
34    (Source: P.A. 87-733.)
HB0018 Enrolled             -118-              LRB9000201THgc
 1        (70 ILCS 210/20) (from Ch. 85, par. 1240)
 2        Sec.  20.  Except  as otherwise provided in this Section,
 3    all funds deposited by the secretary-treasurer in any bank or
 4    savings and loan association shall be placed in the  name  of
 5    the  Authority  and  shall  be  withdrawn or paid out only by
 6    check or draft upon the bank or savings and loan  association
 7    according to procedures adopted by the Board.
 8        Notwithstanding  any other provision of this Section, the
 9    Board may designate any of its  members  or  any  officer  or
10    employee  of  the Authority to authorize the wire transfer of
11    funds deposited by  the  secretary-treasurer  in  a  bank  or
12    savings  and  loan association for the payment of payroll and
13    employee benefits-related expenses.
14        No bank or savings and  loan  association  shall  receive
15    public  funds  as  permitted  by  this Section, unless it has
16    complied  with  the  requirements  established  pursuant   to
17    Section  6  of  "An  Act  relating  to certain investments of
18    public funds by public agencies", approved July 23, 1943,  as
19    now or hereafter amended.
20    (Source: P.A. 88-193.)
21        Section  95.   No  acceleration or delay.  Where this Act
22    makes changes in a statute that is represented in this Act by
23    text that is not yet or no longer in effect (for  example,  a
24    Section  represented  by  multiple versions), the use of that
25    text does not accelerate or delay the taking  effect  of  (i)
26    the  changes made by this Act or (ii) provisions derived from
27    any other Public Act.
28        Section 99.  Effective date.  This Act takes effect  upon
29    becoming law.

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