JOHNSON,TOM, KLINGLER, HOEFT, LINDNER, ZICKUS, STEPHENS,
PARKE, CROSS AND RIGHTER.
USE-OCC TAX-REDUCE PROPANE-OIL
Synopsis of Bill as introduced:
Amends the Use Tax Act, the Service Use Tax Act, the Service
Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides
that, beginning December 1, 2000 and through May 31, 2001, the tax
with respect to propane and home heating oil is imposed under these
Acts at the rate of 1.25% (eliminating the State's portion of the
tax). Provides that a taxpayer who paid taxes under one or more of
these Acts on propane or home heating oil on or after July 1, 2000 and
before the effective date of this amendatory Act of the 91st General
Assembly is eligible for a refund of 80% of the tax paid under these
Acts during that period. Amends the State Finance Act to provide for
the distribution of the 1.25% tax on propane and home heating oil.
Effective December 1, 2000.
Last action on Bill: SESSION SINE DIE
Last action date: 01-01-09
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status