State of Illinois
90th General Assembly
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90_HB2154

      35 ILCS 120/3a new
          Amends the Retailers' Occupation Tax Act.  Provides  that
      on  July  1,  1997, no tax under that Act shall be imposed on
      persons engaged in the business of selling tangible  personal
      property  at  retail.   Allows units of local government that
      impose a retailers' occupation tax to choose  not  to  impose
      that tax on July 1, 1997.  Effective immediately.
                                                     LRB9004721KDks
                                               LRB9004721KDks
 1        AN  ACT  to amend the Retailers' Occupation Tax by adding
 2    Section 3a.
 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:
 5        Section  5.  The Retailers' Occupation Tax Act is amended
 6    by adding Section 3a as follows:
 7        (35 ILCS 120/3a new)
 8        Sec. 3a.  One day moratorium on tax.  Notwithstanding any
 9    other provision to the contrary, on  July  1,  1997,  no  tax
10    shall  be  imposed  under  this Act on persons engaged in the
11    business of selling tangible personal property at retail.  In
12    addition,  any  unit  of  local  government  that  imposes  a
13    retailers' occupation tax may choose not to impose  that  tax
14    on July 1, 1997.
15        Section  99.  Effective date.  This Act takes effect upon
16    becoming law.

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