91st General Assembly
Summary of SB0546
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Senate Sponsors:
LAUZEN.

House Sponsors:
PARKE

Short description: 
TAXES-TRUST FOR THE STATE                                                  

Synopsis of Bill as introduced:
        Amends the Use  Tax  Act,  the  Service  Use  Tax  Act,  and  the      
   Telecommunications Excise Tax Act.  Deletes current provisions stating      
   that  amounts  due  under  the  Act  constitute  a  debt to the State.      
   Provides that a retailer or serviceman authorized to collect the taxes      
   is liable for those taxes unless the retailer or serviceman  pays  the      
   tax  under  the  Retailers'  Occupation Tax Act or the Service Use Tax      
   Act.  Provides that to the extent the retailer or serviceman  collects      
   the  taxes,  the  taxes  are  held  in  trust  for  the benefit of the      
   Department of Revenue. Amends the Uniform Penalty  and  Interest  Act.      
   Provides  that  any  person who collects, withholds, or receives a tax      
   under the Act holds the amount collected in trust for  the  Department      
   of Revenue. Effective immediately.                                          
 
Last action on Bill: PUBLIC ACT.............................. 91-0203

   Last action date: 99-07-20

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status