State of Illinois
92nd General Assembly
Legislation

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[ Introduced ][ Engrossed ][ Senate Amendment 001 ]
[ Senate Amendment 002 ]


92_HB0263enr

 
HB0263 Enrolled                                LRB9203561MWpk

 1        AN ACT in relation to the local governments.

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

 4        Section  5.  The State Finance Act is amended by changing
 5    Section 8.25f and adding Sections 5.545 and 6z-51 as follows:

 6        (30 ILCS 105/5.545 new)
 7        Sec. 5.545.  The Statewide Economic Development Fund.

 8        (30 ILCS 105/6z-51 new)
 9        Sec. 6z-51.  Statewide Economic Development Fund.
10        (a)  The Statewide Economic Development Fund  is  created
11    as  a special fund in the State treasury.  Moneys in the Fund
12    shall be used, subject to appropriation, for the  purpose  of
13    statewide economic development activities.

14        (30 ILCS 105/8.25f) (from Ch. 127, par. 144.25f)
15        Sec. 8.25f.  McCormick Place Expansion Project Fund.
16        (a)  Deposits.   The following amounts shall be deposited
17    into the McCormick Place Expansion Project Fund in the  State
18    Treasury:  (i)  the  moneys required to be deposited into the
19    Fund under Section 9 of the Use Tax Act,  Section  9  of  the
20    Service  Occupation Tax Act, Section 9 of the Service Use Tax
21    Act, and Section 3 of the Retailers' Occupation Tax  Act  and
22    (ii)  the moneys required to be deposited into the Fund under
23    Section 13 of the Metropolitan Pier and Exposition  Authority
24    Act.  Notwithstanding  the foregoing, the maximum amount that
25    may be deposited into the McCormick Place  Expansion  Project
26    Fund  from  item  (i)  shall not exceed the following amounts
27    with respect to the following fiscal years:
28               Fiscal Year                           Total Deposit
29                   1993                                        $0
 
HB0263 Enrolled            -2-                 LRB9203561MWpk
 1                   1994                                53,000,000
 2                   1995                                58,000,000
 3                   1996                                61,000,000
 4                   1997                                64,000,000
 5                   1998                                68,000,000
 6                   1999                                71,000,000
 7                   2000                                75,000,000
 8                   2001                                80,000,000
 9                   2002                  93,000,000    84,000,000
10                   2003                  99,000,000    89,000,000
11                   2004                 103,000,000    93,000,000
12                   2005                 108,000,000    97,000,000
13                   2006                 113,000,000   102,000,000
14                   2007                 119,000,000   108,000,000
15                   2008                 126,000,000   115,000,000
16                   2009                 132,000,000   120,000,000
17                   2010                 139,000,000   126,000,000
18                   2011                 146,000,000   132,000,000
19                   2012                 153,000,000   138,000,000
20                   2013                               161,000,000
21                   2014                               170,000,000
22                   2015                               179,000,000
23                   2016                               189,000,000
24                   2017                               199,000,000
25                   2018                               210,000,000
26                   2019                               221,000,000
27                   2020                               233,000,000
28                   2021                               246,000,000
29                   2022                               260,000,000
30                 2023 and                             275,000,000
31                                                      145,000,000
32    each fiscal year thereafter
33    that bonds are outstanding
34    under Section 13.2 of the
 
HB0263 Enrolled            -3-                 LRB9203561MWpk
 1    Metropolitan Pier and Exposition
 2    Authority Act, but not after
 3    fiscal year 2042 2029.
 4        Provided that all  amounts  deposited  in  the  Fund  and
 5    requested  in  the  Authority's certificate have been paid to
 6    the Authority, all amounts remaining in the  McCormick  Place
 7    Expansion  Project Fund on the last day of any month shall be
 8    transferred to the General Revenue Fund.
 9        (b)  Authority certificate.  Beginning with  fiscal  year
10    1994  and  continuing  for  each  fiscal year thereafter, the
11    Chairman of the Metropolitan Pier  and  Exposition  Authority
12    shall annually certify to the State Comptroller and the State
13    Treasurer  the  amount  necessary  and  required,  during the
14    fiscal year with respect to which the certification is  made,
15    to pay the debt service requirements (including amounts to be
16    paid  with  respect  to  arrangements  to  provide additional
17    security or liquidity) on all outstanding  bonds  and  notes,
18    including  refunding  bonds,  (collectively  referred  to  as
19    "bonds")  in  an  amount  issued by the Authority pursuant to
20    Section  13.2  of  the  Metropolitan  Pier   and   Exposition
21    Authority  Act.  The  certificate may be amended from time to
22    time as necessary.
23    (Source: P.A. 90-612, eff. 7-8-98; 91-101, eff. 7-12-99.)

24        Section 15.  The Use  Tax  Act  is  amended  by  changing
25    Section 9 as follows:

26        (35 ILCS 105/9) (from Ch. 120, par. 439.9)
27        Sec.   9.  Except   as  to  motor  vehicles,  watercraft,
28    aircraft, and trailers that are  required  to  be  registered
29    with  an  agency  of  this  State,  each retailer required or
30    authorized to collect the tax imposed by this Act  shall  pay
31    to the Department the amount of such tax (except as otherwise
32    provided)  at the time when he is required to file his return
 
HB0263 Enrolled            -4-                 LRB9203561MWpk
 1    for the period during which such tax was  collected,  less  a
 2    discount  of  2.1% prior to January 1, 1990, and 1.75% on and
 3    after January 1, 1990, or $5 per calendar year, whichever  is
 4    greater,  which  is  allowed  to  reimburse  the retailer for
 5    expenses incurred in collecting  the  tax,  keeping  records,
 6    preparing and filing returns, remitting the tax and supplying
 7    data  to the Department on request.  In the case of retailers
 8    who report and pay the tax on a  transaction  by  transaction
 9    basis,  as  provided  in this Section, such discount shall be
10    taken with each such tax  remittance  instead  of  when  such
11    retailer  files  his  periodic  return.   A retailer need not
12    remit that part of any tax collected by  him  to  the  extent
13    that  he  is required to remit and does remit the tax imposed
14    by the Retailers' Occupation Tax Act,  with  respect  to  the
15    sale of the same property.
16        Where  such  tangible  personal  property is sold under a
17    conditional sales contract, or under any other form  of  sale
18    wherein  the payment of the principal sum, or a part thereof,
19    is extended beyond the close of  the  period  for  which  the
20    return  is filed, the retailer, in collecting the tax (except
21    as to motor vehicles, watercraft, aircraft, and trailers that
22    are required to be registered with an agency of this  State),
23    may  collect  for  each  tax  return  period,  only  the  tax
24    applicable  to  that  part  of  the  selling  price  actually
25    received during such tax return period.
26        Except  as  provided  in  this  Section, on or before the
27    twentieth day of each calendar  month,  such  retailer  shall
28    file  a return for the preceding calendar month.  Such return
29    shall be filed on forms  prescribed  by  the  Department  and
30    shall   furnish   such  information  as  the  Department  may
31    reasonably require.
32        The Department may require  returns  to  be  filed  on  a
33    quarterly  basis.  If so required, a return for each calendar
34    quarter shall be filed on or before the twentieth day of  the
 
HB0263 Enrolled            -5-                 LRB9203561MWpk
 1    calendar  month  following  the end of such calendar quarter.
 2    The taxpayer shall also file a return with the Department for
 3    each of the first two months of each calendar quarter, on  or
 4    before  the  twentieth  day  of the following calendar month,
 5    stating:
 6             1.  The name of the seller;
 7             2.  The address of the principal place  of  business
 8        from which he engages in the business of selling tangible
 9        personal property at retail in this State;
10             3.  The total amount of taxable receipts received by
11        him  during  the  preceding  calendar month from sales of
12        tangible personal property by him during  such  preceding
13        calendar  month,  including receipts from charge and time
14        sales, but less all deductions allowed by law;
15             4.  The amount of credit provided in Section  2d  of
16        this Act;
17             5.  The amount of tax due;
18             5-5.  The signature of the taxpayer; and
19             6.  Such   other   reasonable   information  as  the
20        Department may require.
21        If a taxpayer fails to sign a return within 30 days after
22    the proper notice and demand for signature by the Department,
23    the return shall be considered valid and any amount shown  to
24    be due on the return shall be deemed assessed.
25        Beginning  October 1, 1993, a taxpayer who has an average
26    monthly tax liability of $150,000  or  more  shall  make  all
27    payments  required  by  rules of the Department by electronic
28    funds transfer. Beginning October 1, 1994, a taxpayer who has
29    an average monthly tax liability of $100,000  or  more  shall
30    make  all  payments  required  by  rules of the Department by
31    electronic funds  transfer.  Beginning  October  1,  1995,  a
32    taxpayer  who has an average monthly tax liability of $50,000
33    or more shall make all payments  required  by  rules  of  the
34    Department by electronic funds transfer. Beginning October 1,
 
HB0263 Enrolled            -6-                 LRB9203561MWpk
 1    2000,  a taxpayer who has an annual tax liability of $200,000
 2    or more shall make all payments  required  by  rules  of  the
 3    Department  by  electronic  funds transfer.  The term "annual
 4    tax liability" shall be the sum of the taxpayer's liabilities
 5    under  this  Act,  and  under  all  other  State  and   local
 6    occupation  and  use tax laws administered by the Department,
 7    for  the  immediately  preceding  calendar  year.  The   term
 8    "average   monthly  tax  liability"  means  the  sum  of  the
 9    taxpayer's liabilities under this Act, and  under  all  other
10    State  and  local occupation and use tax laws administered by
11    the Department, for the immediately preceding  calendar  year
12    divided by 12.
13        Before  August  1  of  each  year  beginning in 1993, the
14    Department  shall  notify  all  taxpayers  required  to  make
15    payments by electronic funds transfer. All taxpayers required
16    to make payments by  electronic  funds  transfer  shall  make
17    those payments for a minimum of one year beginning on October
18    1.
19        Any  taxpayer not required to make payments by electronic
20    funds transfer may make payments by electronic funds transfer
21    with the permission of the Department.
22        All taxpayers required  to  make  payment  by  electronic
23    funds  transfer  and  any taxpayers authorized to voluntarily
24    make payments by electronic funds transfer shall  make  those
25    payments in the manner authorized by the Department.
26        The Department shall adopt such rules as are necessary to
27    effectuate  a  program  of  electronic funds transfer and the
28    requirements of this Section.
29        Before October 1, 2000, if the taxpayer's average monthly
30    tax  liability  to  the  Department  under  this   Act,   the
31    Retailers'  Occupation  Tax  Act,  the Service Occupation Tax
32    Act, the Service Use Tax Act was $10,000 or more  during  the
33    preceding  4  complete  calendar  quarters,  he  shall file a
34    return with the Department each month by the 20th day of  the
 
HB0263 Enrolled            -7-                 LRB9203561MWpk
 1    month   next  following  the  month  during  which  such  tax
 2    liability  is  incurred  and  shall  make  payments  to   the
 3    Department  on  or before the 7th, 15th, 22nd and last day of
 4    the month during which such liability  is  incurred.  On  and
 5    after  October 1, 2000, if the taxpayer's average monthly tax
 6    liability to the Department under this  Act,  the  Retailers'
 7    Occupation  Tax  Act, the Service Occupation Tax Act, and the
 8    Service Use Tax Act was $20,000 or more during the  preceding
 9    4 complete calendar quarters, he shall file a return with the
10    Department  each  month  by  the  20th  day of the month next
11    following the  month  during  which  such  tax  liability  is
12    incurred  and  shall  make  payment  to  the Department on or
13    before the 7th, 15th, 22nd and last day of the  month  during
14    which  such  liability is incurred. If the month during which
15    such tax liability is incurred  began  prior  to  January  1,
16    1985,  each payment shall be in an amount equal to 1/4 of the
17    taxpayer's actual liability for the month or an amount set by
18    the Department not to  exceed  1/4  of  the  average  monthly
19    liability of the taxpayer to the Department for the preceding
20    4  complete calendar quarters (excluding the month of highest
21    liability and the month of lowest liability in such 4 quarter
22    period).  If the month during which  such  tax  liability  is
23    incurred  begins  on  or  after January 1, 1985, and prior to
24    January 1, 1987, each payment shall be in an amount equal  to
25    22.5%  of  the  taxpayer's  actual liability for the month or
26    27.5% of the taxpayer's liability for the same calendar month
27    of the preceding year.  If the month during  which  such  tax
28    liability is incurred begins on or after January 1, 1987, and
29    prior  to January 1, 1988, each payment shall be in an amount
30    equal to 22.5% of the taxpayer's  actual  liability  for  the
31    month  or  26.25%  of  the  taxpayer's liability for the same
32    calendar month of the preceding year.  If  the  month  during
33    which  such  tax  liability  is  incurred  begins on or after
34    January 1, 1988, and prior to January 1, 1989, or  begins  on
 
HB0263 Enrolled            -8-                 LRB9203561MWpk
 1    or  after January 1, 1996, each payment shall be in an amount
 2    equal to 22.5% of the taxpayer's  actual  liability  for  the
 3    month  or  25%  of  the  taxpayer's  liability  for  the same
 4    calendar month of the preceding year.  If  the  month  during
 5    which  such  tax  liability  is  incurred  begins on or after
 6    January 1, 1989, and prior to January 1, 1996,  each  payment
 7    shall be in an amount equal to 22.5% of the taxpayer's actual
 8    liability  for  the  month or 25% of the taxpayer's liability
 9    for the same calendar month of the preceding year or 100%  of
10    the  taxpayer's  actual  liability  for  the  quarter monthly
11    reporting  period.   The  amount  of  such  quarter   monthly
12    payments shall be credited against the final tax liability of
13    the  taxpayer's  return  for  that  month.  Before October 1,
14    2000, once applicable,  the  requirement  of  the  making  of
15    quarter  monthly  payments  to  the Department shall continue
16    until  such  taxpayer's  average  monthly  liability  to  the
17    Department during the preceding 4 complete calendar  quarters
18    (excluding  the  month  of highest liability and the month of
19    lowest  liability)  is  less  than  $9,000,  or  until   such
20    taxpayer's  average  monthly  liability  to the Department as
21    computed  for  each  calendar  quarter  of  the  4  preceding
22    complete  calendar  quarter  period  is  less  than  $10,000.
23    However, if  a  taxpayer  can  show  the  Department  that  a
24    substantial  change  in  the taxpayer's business has occurred
25    which causes the taxpayer  to  anticipate  that  his  average
26    monthly  tax  liability for the reasonably foreseeable future
27    will fall below the $10,000 threshold stated above, then such
28    taxpayer may petition  the  Department  for  change  in  such
29    taxpayer's  reporting  status.  On and after October 1, 2000,
30    once applicable, the requirement of  the  making  of  quarter
31    monthly  payments to the Department shall continue until such
32    taxpayer's average monthly liability to the Department during
33    the preceding 4 complete  calendar  quarters  (excluding  the
34    month of highest liability and the month of lowest liability)
 
HB0263 Enrolled            -9-                 LRB9203561MWpk
 1    is less than $19,000 or until such taxpayer's average monthly
 2    liability  to  the  Department  as computed for each calendar
 3    quarter of the 4 preceding complete calendar  quarter  period
 4    is  less  than  $20,000.  However, if a taxpayer can show the
 5    Department  that  a  substantial  change  in  the  taxpayer's
 6    business has occurred which causes the taxpayer to anticipate
 7    that his average monthly tax  liability  for  the  reasonably
 8    foreseeable  future  will  fall  below  the $20,000 threshold
 9    stated above, then such taxpayer may petition the  Department
10    for  a  change  in  such  taxpayer's  reporting  status.  The
11    Department shall  change  such  taxpayer's  reporting  status
12    unless  it  finds  that such change is seasonal in nature and
13    not likely to be long  term.  If  any  such  quarter  monthly
14    payment  is not paid at the time or in the amount required by
15    this Section, then the taxpayer shall be liable for penalties
16    and interest on the difference between the minimum amount due
17    and the amount of such quarter monthly payment  actually  and
18    timely  paid,  except  insofar as the taxpayer has previously
19    made payments for that month to the Department in  excess  of
20    the  minimum  payments  previously  due  as  provided in this
21    Section.  The Department  shall  make  reasonable  rules  and
22    regulations  to govern the quarter monthly payment amount and
23    quarter monthly payment dates for taxpayers who file on other
24    than a calendar monthly basis.
25        If any such payment provided for in this Section  exceeds
26    the  taxpayer's  liabilities  under  this Act, the Retailers'
27    Occupation Tax Act, the Service Occupation Tax  Act  and  the
28    Service  Use Tax Act, as shown by an original monthly return,
29    the  Department  shall  issue  to  the  taxpayer   a   credit
30    memorandum  no  later than 30 days after the date of payment,
31    which memorandum may be submitted  by  the  taxpayer  to  the
32    Department  in  payment  of  tax liability subsequently to be
33    remitted by the taxpayer to the Department or be assigned  by
34    the  taxpayer  to  a  similar  taxpayer  under  this Act, the
 
HB0263 Enrolled            -10-                LRB9203561MWpk
 1    Retailers' Occupation Tax Act, the Service Occupation Tax Act
 2    or the Service Use Tax Act,  in  accordance  with  reasonable
 3    rules  and  regulations  to  be prescribed by the Department,
 4    except that if such excess payment is shown  on  an  original
 5    monthly return and is made after December 31, 1986, no credit
 6    memorandum shall be issued, unless requested by the taxpayer.
 7    If  no  such  request  is  made, the taxpayer may credit such
 8    excess payment  against  tax  liability  subsequently  to  be
 9    remitted  by  the  taxpayer to the Department under this Act,
10    the Retailers' Occupation Tax Act, the Service Occupation Tax
11    Act or the Service Use Tax Act, in accordance with reasonable
12    rules and regulations prescribed by the Department.   If  the
13    Department  subsequently  determines  that all or any part of
14    the credit taken was not actually due to  the  taxpayer,  the
15    taxpayer's  2.1%  or 1.75% vendor's discount shall be reduced
16    by 2.1% or 1.75% of the difference between the  credit  taken
17    and  that  actually due, and the taxpayer shall be liable for
18    penalties and interest on such difference.
19        If the retailer is otherwise required to file  a  monthly
20    return and if the retailer's average monthly tax liability to
21    the  Department  does  not  exceed  $200,  the Department may
22    authorize his returns to be filed on a quarter annual  basis,
23    with  the  return for January, February, and March of a given
24    year being due by April 20 of such year; with the return  for
25    April,  May  and June of a given year being due by July 20 of
26    such year; with the return for July, August and September  of
27    a  given  year being due by October 20 of such year, and with
28    the return for October, November and December of a given year
29    being due by January 20 of the following year.
30        If the retailer is otherwise required to file  a  monthly
31    or quarterly return and if the retailer's average monthly tax
32    liability   to  the  Department  does  not  exceed  $50,  the
33    Department may authorize his returns to be filed on an annual
34    basis, with the return for a given year being due by  January
 
HB0263 Enrolled            -11-                LRB9203561MWpk
 1    20 of the following year.
 2        Such  quarter  annual  and annual returns, as to form and
 3    substance, shall be  subject  to  the  same  requirements  as
 4    monthly returns.
 5        Notwithstanding   any   other   provision   in  this  Act
 6    concerning the time within which  a  retailer  may  file  his
 7    return, in the case of any retailer who ceases to engage in a
 8    kind  of  business  which  makes  him  responsible for filing
 9    returns under this Act, such  retailer  shall  file  a  final
10    return  under  this Act with the Department not more than one
11    month after discontinuing such business.
12        In addition, with respect to motor vehicles,  watercraft,
13    aircraft,  and  trailers  that  are required to be registered
14    with an agency of this State,  every  retailer  selling  this
15    kind  of  tangible  personal  property  shall  file, with the
16    Department, upon a form to be prescribed and supplied by  the
17    Department,  a separate return for each such item of tangible
18    personal property which the retailer sells, except  that  if,
19    in   the  same  transaction,  (i)  a  retailer  of  aircraft,
20    watercraft, motor vehicles or trailers  transfers  more  than
21    one aircraft, watercraft, motor vehicle or trailer to another
22    aircraft,  watercraft,  motor vehicle or trailer retailer for
23    the purpose  of  resale  or  (ii)  a  retailer  of  aircraft,
24    watercraft,  motor  vehicles, or trailers transfers more than
25    one aircraft, watercraft, motor  vehicle,  or  trailer  to  a
26    purchaser  for  use as a qualifying rolling stock as provided
27    in Section 3-55 of this Act, then that seller may report  the
28    transfer  of  all the aircraft, watercraft, motor vehicles or
29    trailers involved in that transaction to  the  Department  on
30    the  same  uniform invoice-transaction reporting return form.
31    For purposes of this Section, "watercraft" means a  Class  2,
32    Class  3,  or Class 4 watercraft as defined in Section 3-2 of
33    the Boat Registration and Safety Act, a personal  watercraft,
34    or any boat equipped with an inboard motor.
 
HB0263 Enrolled            -12-                LRB9203561MWpk
 1        The  transaction  reporting  return  in the case of motor
 2    vehicles or trailers that are required to be registered  with
 3    an  agency  of  this State, shall be the same document as the
 4    Uniform Invoice referred to in Section 5-402 of the  Illinois
 5    Vehicle  Code  and  must  show  the  name  and address of the
 6    seller; the name and address of the purchaser; the amount  of
 7    the  selling  price  including  the  amount  allowed  by  the
 8    retailer  for  traded-in property, if any; the amount allowed
 9    by the retailer for the traded-in tangible personal property,
10    if any, to the extent to which Section 2 of this  Act  allows
11    an exemption for the value of traded-in property; the balance
12    payable  after  deducting  such  trade-in  allowance from the
13    total selling price; the amount of tax due from the  retailer
14    with respect to such transaction; the amount of tax collected
15    from  the  purchaser  by the retailer on such transaction (or
16    satisfactory evidence that  such  tax  is  not  due  in  that
17    particular  instance, if that is claimed to be the fact); the
18    place and date of the sale; a  sufficient  identification  of
19    the  property  sold; such other information as is required in
20    Section 5-402 of the Illinois Vehicle Code,  and  such  other
21    information as the Department may reasonably require.
22        The   transaction   reporting   return  in  the  case  of
23    watercraft and aircraft must show the name and address of the
24    seller; the name and address of the purchaser; the amount  of
25    the  selling  price  including  the  amount  allowed  by  the
26    retailer  for  traded-in property, if any; the amount allowed
27    by the retailer for the traded-in tangible personal property,
28    if any, to the extent to which Section 2 of this  Act  allows
29    an exemption for the value of traded-in property; the balance
30    payable  after  deducting  such  trade-in  allowance from the
31    total selling price; the amount of tax due from the  retailer
32    with respect to such transaction; the amount of tax collected
33    from  the  purchaser  by the retailer on such transaction (or
34    satisfactory evidence that  such  tax  is  not  due  in  that
 
HB0263 Enrolled            -13-                LRB9203561MWpk
 1    particular  instance, if that is claimed to be the fact); the
 2    place and date of the sale, a  sufficient  identification  of
 3    the   property  sold,  and  such  other  information  as  the
 4    Department may reasonably require.
 5        Such transaction reporting  return  shall  be  filed  not
 6    later  than  20  days  after the date of delivery of the item
 7    that is being sold, but may be filed by the retailer  at  any
 8    time   sooner  than  that  if  he  chooses  to  do  so.   The
 9    transaction reporting return and tax remittance or  proof  of
10    exemption  from  the  tax  that is imposed by this Act may be
11    transmitted to the Department by way of the State agency with
12    which, or State officer  with  whom,  the  tangible  personal
13    property   must  be  titled  or  registered  (if  titling  or
14    registration is required) if the Department and  such  agency
15    or  State officer determine that this procedure will expedite
16    the processing of applications for title or registration.
17        With each such transaction reporting return, the retailer
18    shall remit the proper amount of tax  due  (or  shall  submit
19    satisfactory evidence that the sale is not taxable if that is
20    the  case),  to  the  Department or its agents, whereupon the
21    Department shall  issue,  in  the  purchaser's  name,  a  tax
22    receipt  (or  a certificate of exemption if the Department is
23    satisfied that the particular sale is tax exempt) which  such
24    purchaser  may  submit  to  the  agency  with which, or State
25    officer with whom, he must title  or  register  the  tangible
26    personal   property   that   is   involved   (if  titling  or
27    registration is required)  in  support  of  such  purchaser's
28    application  for an Illinois certificate or other evidence of
29    title or registration to such tangible personal property.
30        No retailer's failure or refusal to remit tax under  this
31    Act  precludes  a  user,  who  has paid the proper tax to the
32    retailer, from obtaining his certificate of  title  or  other
33    evidence of title or registration (if titling or registration
34    is  required)  upon  satisfying the Department that such user
 
HB0263 Enrolled            -14-                LRB9203561MWpk
 1    has paid the proper tax (if tax is due) to the retailer.  The
 2    Department shall adopt appropriate rules  to  carry  out  the
 3    mandate of this paragraph.
 4        If  the  user who would otherwise pay tax to the retailer
 5    wants the transaction reporting return filed and the  payment
 6    of  tax  or  proof of exemption made to the Department before
 7    the retailer is willing to take these actions and  such  user
 8    has  not  paid the tax to the retailer, such user may certify
 9    to the fact of such delay by the retailer, and may (upon  the
10    Department   being   satisfied   of   the   truth   of   such
11    certification)  transmit  the  information  required  by  the
12    transaction  reporting  return  and the remittance for tax or
13    proof of exemption directly to the Department and obtain  his
14    tax  receipt  or  exemption determination, in which event the
15    transaction reporting return and tax  remittance  (if  a  tax
16    payment  was required) shall be credited by the Department to
17    the  proper  retailer's  account  with  the  Department,  but
18    without the 2.1% or  1.75%  discount  provided  for  in  this
19    Section  being  allowed.  When the user pays the tax directly
20    to the Department, he shall pay the tax in  the  same  amount
21    and in the same form in which it would be remitted if the tax
22    had been remitted to the Department by the retailer.
23        Where  a  retailer  collects  the tax with respect to the
24    selling price of tangible personal property  which  he  sells
25    and  the  purchaser thereafter returns such tangible personal
26    property and the retailer refunds the selling  price  thereof
27    to  the  purchaser,  such  retailer shall also refund, to the
28    purchaser, the tax so  collected  from  the  purchaser.  When
29    filing his return for the period in which he refunds such tax
30    to  the  purchaser, the retailer may deduct the amount of the
31    tax so refunded by him to the purchaser from  any  other  use
32    tax  which  such  retailer may be required to pay or remit to
33    the Department, as shown by such return, if the amount of the
34    tax to be deducted was previously remitted to the  Department
 
HB0263 Enrolled            -15-                LRB9203561MWpk
 1    by  such  retailer.   If  the  retailer  has  not  previously
 2    remitted  the  amount  of  such  tax to the Department, he is
 3    entitled to no deduction under this Act upon  refunding  such
 4    tax to the purchaser.
 5        Any  retailer  filing  a  return under this Section shall
 6    also include (for the purpose  of  paying  tax  thereon)  the
 7    total  tax  covered  by such return upon the selling price of
 8    tangible personal property purchased by him at retail from  a
 9    retailer, but as to which the tax imposed by this Act was not
10    collected  from  the  retailer  filing  such return, and such
11    retailer shall remit the amount of such tax to the Department
12    when filing such return.
13        If experience indicates such action  to  be  practicable,
14    the  Department  may  prescribe  and furnish a combination or
15    joint return which will enable retailers, who are required to
16    file  returns  hereunder  and  also  under   the   Retailers'
17    Occupation  Tax  Act,  to  furnish all the return information
18    required by both Acts on the one form.
19        Where the retailer has more than one business  registered
20    with  the  Department  under separate registration under this
21    Act, such retailer may not file each return that is due as  a
22    single  return  covering  all such registered businesses, but
23    shall  file  separate  returns  for  each   such   registered
24    business.
25        Beginning  January  1,  1990,  each  month the Department
26    shall pay into the State and Local Sales Tax Reform  Fund,  a
27    special  fund  in the State Treasury which is hereby created,
28    the net revenue realized for the preceding month from the  1%
29    tax  on  sales  of  food for human consumption which is to be
30    consumed off the  premises  where  it  is  sold  (other  than
31    alcoholic  beverages,  soft  drinks  and  food which has been
32    prepared for  immediate  consumption)  and  prescription  and
33    nonprescription  medicines,  drugs,  medical  appliances  and
34    insulin,  urine  testing materials, syringes and needles used
 
HB0263 Enrolled            -16-                LRB9203561MWpk
 1    by diabetics.
 2        Beginning January 1,  1990,  each  month  the  Department
 3    shall  pay  into the County and Mass Transit District Fund 4%
 4    of the net revenue realized for the preceding month from  the
 5    6.25%  general rate on the selling price of tangible personal
 6    property which is purchased outside Illinois at retail from a
 7    retailer and which is titled or registered by  an  agency  of
 8    this State's government.
 9        Beginning  January  1,  1990,  each  month the Department
10    shall pay into the State and Local Sales Tax Reform  Fund,  a
11    special  fund  in  the State Treasury, 20% of the net revenue
12    realized for the preceding month from the 6.25% general  rate
13    on  the  selling  price  of tangible personal property, other
14    than tangible personal property which  is  purchased  outside
15    Illinois  at  retail  from  a retailer and which is titled or
16    registered by an agency of this State's government.
17        Beginning August 1, 2000, each month the Department shall
18    pay into the State and Local Sales Tax Reform  Fund  100%  of
19    the  net  revenue  realized  for the preceding month from the
20    1.25% rate on the selling price of motor fuel and gasohol.
21        Beginning January 1,  1990,  each  month  the  Department
22    shall  pay  into the Local Government Tax Fund 16% of the net
23    revenue realized for  the  preceding  month  from  the  6.25%
24    general  rate  on  the  selling  price  of  tangible personal
25    property which is purchased outside Illinois at retail from a
26    retailer and which is titled or registered by  an  agency  of
27    this State's government.
28        Of the remainder of the moneys received by the Department
29    pursuant  to  this  Act, (a) 1.75% thereof shall be paid into
30    the Build Illinois Fund and (b) prior to July 1,  1989,  2.2%
31    and  on  and  after  July 1, 1989, 3.8% thereof shall be paid
32    into the Build Illinois Fund; provided, however, that  if  in
33    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
34    as  the case may be, of the moneys received by the Department
 
HB0263 Enrolled            -17-                LRB9203561MWpk
 1    and required to be paid into the Build Illinois Fund pursuant
 2    to Section 3 of the Retailers' Occupation Tax Act, Section  9
 3    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
 4    Section  9 of the Service Occupation Tax Act, such Acts being
 5    hereinafter called the "Tax Acts" and such aggregate of  2.2%
 6    or  3.8%,  as  the  case  may be, of moneys being hereinafter
 7    called the "Tax Act Amount", and (2) the  amount  transferred
 8    to the Build Illinois Fund from the State and Local Sales Tax
 9    Reform  Fund  shall  be less than the Annual Specified Amount
10    (as defined in Section 3 of  the  Retailers'  Occupation  Tax
11    Act),  an amount equal to the difference shall be immediately
12    paid into the Build Illinois Fund from other moneys  received
13    by  the  Department  pursuant  to  the  Tax Acts; and further
14    provided, that if on the last business day of any  month  the
15    sum  of  (1) the Tax Act Amount required to be deposited into
16    the Build Illinois Bond Account in the  Build  Illinois  Fund
17    during  such month and (2) the amount transferred during such
18    month to the Build Illinois Fund from  the  State  and  Local
19    Sales  Tax  Reform Fund shall have been less than 1/12 of the
20    Annual Specified Amount, an amount equal  to  the  difference
21    shall  be  immediately paid into the Build Illinois Fund from
22    other moneys received by the Department pursuant to  the  Tax
23    Acts;  and,  further  provided,  that  in  no event shall the
24    payments required  under  the  preceding  proviso  result  in
25    aggregate  payments  into the Build Illinois Fund pursuant to
26    this clause (b) for any fiscal year in excess of the  greater
27    of (i) the Tax Act Amount or (ii) the Annual Specified Amount
28    for such fiscal year; and, further provided, that the amounts
29    payable  into  the  Build Illinois Fund under this clause (b)
30    shall be payable only until such time as the aggregate amount
31    on deposit under each trust indenture securing  Bonds  issued
32    and  outstanding  pursuant  to the Build Illinois Bond Act is
33    sufficient, taking into account any future investment income,
34    to fully provide, in accordance with such indenture, for  the
 
HB0263 Enrolled            -18-                LRB9203561MWpk
 1    defeasance of or the payment of the principal of, premium, if
 2    any,  and interest on the Bonds secured by such indenture and
 3    on any Bonds expected to be issued thereafter  and  all  fees
 4    and  costs  payable with respect thereto, all as certified by
 5    the Director of the Bureau of the Budget.   If  on  the  last
 6    business  day  of  any  month  in which Bonds are outstanding
 7    pursuant to the Build Illinois Bond Act, the aggregate of the
 8    moneys deposited in the Build Illinois Bond  Account  in  the
 9    Build  Illinois  Fund  in  such  month shall be less than the
10    amount required to be transferred  in  such  month  from  the
11    Build  Illinois  Bond  Account  to  the  Build  Illinois Bond
12    Retirement and Interest Fund pursuant to Section  13  of  the
13    Build  Illinois  Bond Act, an amount equal to such deficiency
14    shall be immediately paid from other moneys received  by  the
15    Department  pursuant  to  the  Tax Acts to the Build Illinois
16    Fund; provided, however, that any amounts paid to  the  Build
17    Illinois  Fund  in  any fiscal year pursuant to this sentence
18    shall be deemed to constitute payments pursuant to clause (b)
19    of  the  preceding  sentence  and  shall  reduce  the  amount
20    otherwise payable for such fiscal year pursuant to clause (b)
21    of the  preceding  sentence.   The  moneys  received  by  the
22    Department  pursuant to this Act and required to be deposited
23    into the Build Illinois Fund are subject to the pledge, claim
24    and charge set forth in Section 12 of the Build Illinois Bond
25    Act.
26        Subject to payment of amounts  into  the  Build  Illinois
27    Fund  as  provided  in  the  preceding  paragraph  or  in any
28    amendment thereto hereafter enacted, the following  specified
29    monthly   installment   of   the   amount  requested  in  the
30    certificate of the Chairman  of  the  Metropolitan  Pier  and
31    Exposition  Authority  provided  under  Section  8.25f of the
32    State Finance Act, but not in excess of the  sums  designated
33    as  "Total Deposit", shall be deposited in the aggregate from
34    collections under Section 9 of the Use Tax Act, Section 9  of
 
HB0263 Enrolled            -19-                LRB9203561MWpk
 1    the  Service Use Tax Act, Section 9 of the Service Occupation
 2    Tax Act, and Section 3 of the Retailers' Occupation  Tax  Act
 3    into  the  McCormick  Place  Expansion  Project  Fund  in the
 4    specified fiscal years.
 5               Fiscal Year                           Total Deposit
 6                   1993                                        $0
 7                   1994                                53,000,000
 8                   1995                                58,000,000
 9                   1996                                61,000,000
10                   1997                                64,000,000
11                   1998                                68,000,000
12                   1999                                71,000,000
13                   2000                                75,000,000
14                   2001                                80,000,000
15                   2002                  93,000,000    84,000,000
16                   2003                  99,000,000    89,000,000
17                   2004                 103,000,000    93,000,000
18                   2005                 108,000,000    97,000,000
19                   2006                 113,000,000   102,000,000
20                   2007                 119,000,000   108,000,000
21                   2008                 126,000,000   115,000,000
22                   2009                 132,000,000   120,000,000
23                   2010                 139,000,000   126,000,000
24                   2011                 146,000,000   132,000,000
25                   2012                 153,000,000   138,000,000
26                   2013                               161,000,000
27                   2014                               170,000,000
28                   2015                               179,000,000
29                   2016                               189,000,000
30                   2017                               199,000,000
31                   2018                               210,000,000
32                   2019                               221,000,000
33                   2020                               233,000,000
34                   2021                               246,000,000
 
HB0263 Enrolled            -20-                LRB9203561MWpk
 1                   2022                               260,000,000
 2                 2023 and                             275,000,000
 3                                                      145,000,000
 4    each fiscal year
 5    thereafter that bonds
 6    are outstanding under
 7    Section 13.2 of the
 8    Metropolitan Pier and
 9    Exposition Authority
10    Act, but not after fiscal year 2042 2029.
11        Beginning July 20, 1993 and in each month of each  fiscal
12    year  thereafter,  one-eighth  of the amount requested in the
13    certificate of the Chairman  of  the  Metropolitan  Pier  and
14    Exposition  Authority  for  that fiscal year, less the amount
15    deposited into the McCormick Place Expansion Project Fund  by
16    the  State Treasurer in the respective month under subsection
17    (g) of Section 13 of the  Metropolitan  Pier  and  Exposition
18    Authority  Act,  plus cumulative deficiencies in the deposits
19    required under this Section for previous  months  and  years,
20    shall be deposited into the McCormick Place Expansion Project
21    Fund,  until  the  full amount requested for the fiscal year,
22    but not in excess of the amount  specified  above  as  "Total
23    Deposit", has been deposited.
24        Subject  to  payment  of  amounts into the Build Illinois
25    Fund and the McCormick Place Expansion Project Fund  pursuant
26    to  the  preceding  paragraphs  or  in  any amendment thereto
27    hereafter enacted, each month the Department shall  pay  into
28    the Local Government Distributive Fund .4% of the net revenue
29    realized for the preceding month from the 5% general rate, or
30    .4%  of  80%  of  the  net revenue realized for the preceding
31    month from the 6.25% general rate, as the case may be, on the
32    selling price of  tangible  personal  property  which  amount
33    shall,  subject  to appropriation, be distributed as provided
34    in Section 2 of the State Revenue Sharing Act. No payments or
 
HB0263 Enrolled            -21-                LRB9203561MWpk
 1    distributions pursuant to this paragraph shall be made if the
 2    tax imposed  by  this  Act  on  photoprocessing  products  is
 3    declared  unconstitutional,  or if the proceeds from such tax
 4    are unavailable for distribution because of litigation.
 5        Subject to payment of amounts  into  the  Build  Illinois
 6    Fund,  the  McCormick  Place  Expansion Project Fund, and the
 7    Local Government Distributive Fund pursuant to the  preceding
 8    paragraphs  or  in  any amendments thereto hereafter enacted,
 9    beginning July 1, 1993, the Department shall each  month  pay
10    into  the Illinois Tax Increment Fund 0.27% of 80% of the net
11    revenue realized for  the  preceding  month  from  the  6.25%
12    general  rate  on  the  selling  price  of  tangible personal
13    property.
14        Of the remainder of the moneys received by the Department
15    pursuant to this Act, 75% thereof  shall  be  paid  into  the
16    State Treasury and 25% shall be reserved in a special account
17    and  used  only for the transfer to the Common School Fund as
18    part of the monthly transfer from the General Revenue Fund in
19    accordance with Section 8a of the State Finance Act.
20        As soon as possible after the first day  of  each  month,
21    upon   certification   of  the  Department  of  Revenue,  the
22    Comptroller shall order transferred and the  Treasurer  shall
23    transfer  from the General Revenue Fund to the Motor Fuel Tax
24    Fund an amount equal to  1.7%  of  80%  of  the  net  revenue
25    realized  under  this  Act  for  the  second preceding month.
26    Beginning April 1, 2000, this transfer is no longer  required
27    and shall not be made.
28        Net  revenue  realized  for  a month shall be the revenue
29    collected by the State pursuant to this Act, less the  amount
30    paid  out  during  that  month  as  refunds  to taxpayers for
31    overpayment of liability.
32        For greater simplicity of administration,  manufacturers,
33    importers  and  wholesalers whose products are sold at retail
34    in Illinois by numerous retailers, and who wish to do so, may
 
HB0263 Enrolled            -22-                LRB9203561MWpk
 1    assume the responsibility for accounting and  paying  to  the
 2    Department  all  tax  accruing under this Act with respect to
 3    such sales, if the retailers who are  affected  do  not  make
 4    written objection to the Department to this arrangement.
 5    (Source: P.A.  90-491,  eff.  1-1-99;  90-612,  eff.  7-8-98;
 6    91-37,   eff.  7-1-99;  91-51,  eff.  6-30-99;  91-101,  eff.
 7    7-12-99; 91-541, eff. 8-13-99; 91-872, eff.  7-1-00;  91-901,
 8    eff. 1-1-01; revised 8-30-00.)

 9        Section  20.   The  Service  Use  Tax  Act  is amended by
10    changing Section 9 as follows:

11        (35 ILCS 110/9) (from Ch. 120, par. 439.39)
12        Sec.  9.  Each  serviceman  required  or  authorized   to
13    collect  the  tax  herein imposed shall pay to the Department
14    the amount of such tax (except as otherwise provided) at  the
15    time  when  he  is required to file his return for the period
16    during which such tax was collected, less a discount of  2.1%
17    prior  to  January  1, 1990 and 1.75% on and after January 1,
18    1990, or $5 per calendar year, whichever is greater, which is
19    allowed to reimburse the serviceman for expenses incurred  in
20    collecting  the  tax,  keeping  records, preparing and filing
21    returns,  remitting  the  tax  and  supplying  data  to   the
22    Department  on request. A serviceman need not remit that part
23    of any tax collected by him to the extent that he is required
24    to pay and does pay the tax imposed by the Service Occupation
25    Tax Act with respect to his sale  of  service  involving  the
26    incidental transfer by him of the same property.
27        Except  as  provided  hereinafter  in this Section, on or
28    before  the  twentieth  day  of  each  calendar  month,  such
29    serviceman shall file a return  for  the  preceding  calendar
30    month  in accordance with reasonable Rules and Regulations to
31    be promulgated by the Department. Such return shall be  filed
32    on a form prescribed by the Department and shall contain such
 
HB0263 Enrolled            -23-                LRB9203561MWpk
 1    information as the Department may reasonably require.
 2        The  Department  may  require  returns  to  be filed on a
 3    quarterly basis.  If so required, a return for each  calendar
 4    quarter  shall be filed on or before the twentieth day of the
 5    calendar month following the end of  such  calendar  quarter.
 6    The taxpayer shall also file a return with the Department for
 7    each  of the first two months of each calendar quarter, on or
 8    before the twentieth day of  the  following  calendar  month,
 9    stating:
10             1.  The name of the seller;
11             2.  The  address  of the principal place of business
12        from which he engages in business as a serviceman in this
13        State;
14             3.  The total amount of taxable receipts received by
15        him  during  the  preceding  calendar  month,   including
16        receipts  from  charge  and  time  sales,  but  less  all
17        deductions allowed by law;
18             4.  The  amount  of credit provided in Section 2d of
19        this Act;
20             5.  The amount of tax due;
21             5-5.  The signature of the taxpayer; and
22             6.  Such  other  reasonable   information   as   the
23        Department may require.
24        If a taxpayer fails to sign a return within 30 days after
25    the proper notice and demand for signature by the Department,
26    the  return shall be considered valid and any amount shown to
27    be due on the return shall be deemed assessed.
28        Beginning October 1, 1993, a taxpayer who has an  average
29    monthly  tax  liability  of  $150,000  or more shall make all
30    payments required by rules of the  Department  by  electronic
31    funds  transfer.   Beginning  October 1, 1994, a taxpayer who
32    has an average monthly tax  liability  of  $100,000  or  more
33    shall  make  all payments required by rules of the Department
34    by electronic funds transfer.  Beginning October 1,  1995,  a
 
HB0263 Enrolled            -24-                LRB9203561MWpk
 1    taxpayer  who has an average monthly tax liability of $50,000
 2    or more shall make all payments  required  by  rules  of  the
 3    Department by electronic funds transfer. Beginning October 1,
 4    2000,  a taxpayer who has an annual tax liability of $200,000
 5    or more shall make all payments  required  by  rules  of  the
 6    Department  by  electronic  funds transfer.  The term "annual
 7    tax liability" shall be the sum of the taxpayer's liabilities
 8    under  this  Act,  and  under  all  other  State  and   local
 9    occupation  and  use tax laws administered by the Department,
10    for the  immediately  preceding  calendar  year.    The  term
11    "average   monthly  tax  liability"  means  the  sum  of  the
12    taxpayer's liabilities under this Act, and  under  all  other
13    State  and  local occupation and use tax laws administered by
14    the Department, for the immediately preceding  calendar  year
15    divided by 12.
16        Before  August  1  of  each  year  beginning in 1993, the
17    Department  shall  notify  all  taxpayers  required  to  make
18    payments by electronic funds transfer. All taxpayers required
19    to make payments by  electronic  funds  transfer  shall  make
20    those payments for a minimum of one year beginning on October
21    1.
22        Any  taxpayer not required to make payments by electronic
23    funds transfer may make payments by electronic funds transfer
24    with the permission of the Department.
25        All taxpayers required  to  make  payment  by  electronic
26    funds  transfer  and  any taxpayers authorized to voluntarily
27    make payments by electronic funds transfer shall  make  those
28    payments in the manner authorized by the Department.
29        The Department shall adopt such rules as are necessary to
30    effectuate  a  program  of  electronic funds transfer and the
31    requirements of this Section.
32        If the serviceman is otherwise required to file a monthly
33    return and if the serviceman's average monthly tax  liability
34    to  the  Department  does not exceed $200, the Department may
 
HB0263 Enrolled            -25-                LRB9203561MWpk
 1    authorize his returns to be filed on a quarter annual  basis,
 2    with  the  return  for January, February and March of a given
 3    year being due by April 20 of such year; with the return  for
 4    April,  May  and June of a given year being due by July 20 of
 5    such year; with the return for July, August and September  of
 6    a  given  year being due by October 20 of such year, and with
 7    the return for October, November and December of a given year
 8    being due by January 20 of the following year.
 9        If the serviceman is otherwise required to file a monthly
10    or quarterly return and if the serviceman's  average  monthly
11    tax  liability  to  the  Department  does not exceed $50, the
12    Department may authorize his returns to be filed on an annual
13    basis, with the return for a given year being due by  January
14    20 of the following year.
15        Such  quarter  annual  and annual returns, as to form and
16    substance, shall be  subject  to  the  same  requirements  as
17    monthly returns.
18        Notwithstanding   any   other   provision   in  this  Act
19    concerning the time within which a serviceman  may  file  his
20    return, in the case of any serviceman who ceases to engage in
21    a  kind  of  business  which makes him responsible for filing
22    returns under this Act, such serviceman shall  file  a  final
23    return  under  this  Act  with the Department not more than 1
24    month after discontinuing such business.
25        Where a serviceman collects the tax with respect  to  the
26    selling  price  of  property which he sells and the purchaser
27    thereafter returns such property and the  serviceman  refunds
28    the  selling  price thereof to the purchaser, such serviceman
29    shall also refund, to the purchaser,  the  tax  so  collected
30    from  the purchaser. When filing his return for the period in
31    which he refunds such tax to the  purchaser,  the  serviceman
32    may  deduct  the  amount of the tax so refunded by him to the
33    purchaser from any other Service Use Tax, Service  Occupation
34    Tax,   retailers'  occupation  tax  or  use  tax  which  such
 
HB0263 Enrolled            -26-                LRB9203561MWpk
 1    serviceman may be required to pay or remit to the Department,
 2    as shown by such return, provided that the amount of the  tax
 3    to  be  deducted  shall  previously have been remitted to the
 4    Department by such serviceman. If the  serviceman  shall  not
 5    previously  have  remitted  the  amount  of  such  tax to the
 6    Department, he shall be entitled to  no  deduction  hereunder
 7    upon refunding such tax to the purchaser.
 8        Any  serviceman  filing  a  return  hereunder  shall also
 9    include the total tax upon  the  selling  price  of  tangible
10    personal  property purchased for use by him as an incident to
11    a sale of service, and such serviceman shall remit the amount
12    of such tax to the Department when filing such return.
13        If experience indicates such action  to  be  practicable,
14    the  Department  may  prescribe  and furnish a combination or
15    joint return which will enable servicemen, who  are  required
16    to   file  returns  hereunder  and  also  under  the  Service
17    Occupation Tax Act, to furnish  all  the  return  information
18    required by both Acts on the one form.
19        Where   the   serviceman   has  more  than  one  business
20    registered with the Department  under  separate  registration
21    hereunder, such serviceman shall not file each return that is
22    due   as   a  single  return  covering  all  such  registered
23    businesses, but shall file separate  returns  for  each  such
24    registered business.
25        Beginning  January  1,  1990,  each  month the Department
26    shall pay into the State and Local Tax Reform Fund, a special
27    fund in the State Treasury, the net revenue realized for  the
28    preceding  month  from  the 1% tax on sales of food for human
29    consumption which is to be consumed off the premises where it
30    is sold (other than alcoholic beverages, soft drinks and food
31    which  has  been  prepared  for  immediate  consumption)  and
32    prescription and nonprescription  medicines,  drugs,  medical
33    appliances and insulin, urine testing materials, syringes and
34    needles used by diabetics.
 
HB0263 Enrolled            -27-                LRB9203561MWpk
 1        Beginning  January  1,  1990,  each  month the Department
 2    shall pay into the State and Local Sales Tax Reform Fund  20%
 3    of  the net revenue realized for the preceding month from the
 4    6.25%  general  rate  on  transfers  of   tangible   personal
 5    property,  other  than  tangible  personal  property which is
 6    purchased outside Illinois at  retail  from  a  retailer  and
 7    which  is  titled  or registered by an agency of this State's
 8    government.
 9        Beginning August 1, 2000, each month the Department shall
10    pay into the State and Local Sales Tax Reform  Fund  100%  of
11    the  net  revenue  realized  for the preceding month from the
12    1.25% rate on the selling price of motor fuel and gasohol.
13        Of the remainder of the moneys received by the Department
14    pursuant to this Act, (a)  1.75% thereof shall be  paid  into
15    the  Build  Illinois Fund and (b) prior to July 1, 1989, 2.2%
16    and on and after July 1, 1989, 3.8% thereof  shall  be   paid
17    into  the  Build Illinois Fund; provided, however, that if in
18    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
19    as the case may be, of the moneys received by the  Department
20    and required to be paid into the Build Illinois Fund pursuant
21    to  Section 3 of the Retailers' Occupation Tax Act, Section 9
22    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
23    Section 9 of the Service Occupation Tax Act, such Acts  being
24    hereinafter  called the "Tax Acts" and such aggregate of 2.2%
25    or 3.8%, as the case may  be,  of  moneys  being  hereinafter
26    called  the  "Tax Act Amount", and (2) the amount transferred
27    to the Build Illinois Fund from the State and Local Sales Tax
28    Reform Fund shall be less than the Annual  Specified   Amount
29    (as  defined  in  Section  3 of the Retailers' Occupation Tax
30    Act), an amount equal to the difference shall be  immediately
31    paid  into the Build Illinois Fund from other moneys received
32    by the Department pursuant  to  the  Tax  Acts;  and  further
33    provided,  that  if on the last business day of any month the
34    sum of (1) the Tax Act Amount required to be  deposited  into
 
HB0263 Enrolled            -28-                LRB9203561MWpk
 1    the  Build  Illinois  Bond Account in the Build Illinois Fund
 2    during such month and (2) the amount transferred during  such
 3    month  to  the  Build  Illinois Fund from the State and Local
 4    Sales Tax Reform Fund shall have been less than 1/12  of  the
 5    Annual  Specified  Amount,  an amount equal to the difference
 6    shall be immediately paid into the Build Illinois  Fund  from
 7    other  moneys  received by the Department pursuant to the Tax
 8    Acts; and, further provided,  that  in  no  event  shall  the
 9    payments  required  under  the  preceding  proviso  result in
10    aggregate payments into the Build Illinois Fund  pursuant  to
11    this  clause (b) for any fiscal year in excess of the greater
12    of (i) the Tax Act Amount or (ii) the Annual Specified Amount
13    for such fiscal year; and, further provided, that the amounts
14    payable into the Build Illinois Fund under  this  clause  (b)
15    shall be payable only until such time as the aggregate amount
16    on  deposit  under each trust indenture securing Bonds issued
17    and outstanding pursuant to the Build Illinois  Bond  Act  is
18    sufficient, taking into account any future investment income,
19    to  fully provide, in accordance with such indenture, for the
20    defeasance of or the payment of the principal of, premium, if
21    any, and interest on the Bonds secured by such indenture  and
22    on  any  Bonds  expected to be issued thereafter and all fees
23    and costs payable with respect thereto, all as  certified  by
24    the  Director  of  the  Bureau of the Budget.  If on the last
25    business day of any month  in  which  Bonds  are  outstanding
26    pursuant to the Build Illinois Bond Act, the aggregate of the
27    moneys  deposited  in  the Build Illinois Bond Account in the
28    Build Illinois Fund in such month  shall  be  less  than  the
29    amount  required  to  be  transferred  in such month from the
30    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
31    Retirement  and  Interest  Fund pursuant to Section 13 of the
32    Build Illinois Bond Act, an amount equal to  such  deficiency
33    shall  be  immediately paid from other moneys received by the
34    Department pursuant to the Tax Acts  to  the  Build  Illinois
 
HB0263 Enrolled            -29-                LRB9203561MWpk
 1    Fund;  provided,  however, that any amounts paid to the Build
 2    Illinois Fund in any fiscal year pursuant  to  this  sentence
 3    shall be deemed to constitute payments pursuant to clause (b)
 4    of  the  preceding  sentence  and  shall  reduce  the  amount
 5    otherwise payable for such fiscal year pursuant to clause (b)
 6    of  the  preceding  sentence.   The  moneys  received  by the
 7    Department pursuant to this Act and required to be  deposited
 8    into the Build Illinois Fund are subject to the pledge, claim
 9    and charge set forth in Section 12 of the Build Illinois Bond
10    Act.
11        Subject  to  payment  of  amounts into the Build Illinois
12    Fund as  provided  in  the  preceding  paragraph  or  in  any
13    amendment  thereto hereafter enacted, the following specified
14    monthly  installment  of  the   amount   requested   in   the
15    certificate  of  the  Chairman  of  the Metropolitan Pier and
16    Exposition Authority provided  under  Section  8.25f  of  the
17    State  Finance  Act, but not in excess of the sums designated
18    as "Total Deposit", shall be deposited in the aggregate  from
19    collections  under Section 9 of the Use Tax Act, Section 9 of
20    the Service Use Tax Act, Section 9 of the Service  Occupation
21    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
22    into the  McCormick  Place  Expansion  Project  Fund  in  the
23    specified fiscal years.
24               Fiscal Year                           Total Deposit
25                   1993                                        $0
26                   1994                                53,000,000
27                   1995                                58,000,000
28                   1996                                61,000,000
29                   1997                                64,000,000
30                   1998                                68,000,000
31                   1999                                71,000,000
32                   2000                                75,000,000
33                   2001                                80,000,000
34                   2002                  93,000,000    84,000,000
 
HB0263 Enrolled            -30-                LRB9203561MWpk
 1                   2003                  99,000,000    89,000,000
 2                   2004                 103,000,000    93,000,000
 3                   2005                 108,000,000    97,000,000
 4                   2006                 113,000,000   102,000,000
 5                   2007                 119,000,000   108,000,000
 6                   2008                 126,000,000   115,000,000
 7                   2009                 132,000,000   120,000,000
 8                   2010                 139,000,000   126,000,000
 9                   2011                 146,000,000   132,000,000
10                   2012                 153,000,000   138,000,000
11                   2013                               161,000,000
12                   2014                               170,000,000
13                   2015                               179,000,000
14                   2016                               189,000,000
15                   2017                               199,000,000
16                   2018                               210,000,000
17                   2019                               221,000,000
18                   2020                               233,000,000
19                   2021                               246,000,000
20                   2022                               260,000,000
21                 2023 and                             275,000,000
22                                                      145,000,000
23    each fiscal year
24    thereafter that bonds
25    are outstanding under
26    Section 13.2 of the
27    Metropolitan Pier and
28    Exposition Authority Act,
29    but not after fiscal year 2042 2029.
30        Beginning  July 20, 1993 and in each month of each fiscal
31    year thereafter, one-eighth of the amount  requested  in  the
32    certificate  of  the  Chairman  of  the Metropolitan Pier and
33    Exposition Authority for that fiscal year,  less  the  amount
34    deposited  into the McCormick Place Expansion Project Fund by
 
HB0263 Enrolled            -31-                LRB9203561MWpk
 1    the State Treasurer in the respective month under  subsection
 2    (g)  of  Section  13  of the Metropolitan Pier and Exposition
 3    Authority Act, plus cumulative deficiencies in  the  deposits
 4    required  under  this  Section for previous months and years,
 5    shall be deposited into the McCormick Place Expansion Project
 6    Fund, until the full amount requested for  the  fiscal  year,
 7    but  not  in  excess  of the amount specified above as "Total
 8    Deposit", has been deposited.
 9        Subject to payment of amounts  into  the  Build  Illinois
10    Fund  and the McCormick Place Expansion Project Fund pursuant
11    to the preceding  paragraphs  or  in  any  amendment  thereto
12    hereafter  enacted,  each month the Department shall pay into
13    the Local  Government  Distributive  Fund  0.4%  of  the  net
14    revenue  realized for the preceding month from the 5% general
15    rate or 0.4% of 80% of  the  net  revenue  realized  for  the
16    preceding  month from the 6.25% general rate, as the case may
17    be, on the selling price of tangible personal property  which
18    amount  shall,  subject  to  appropriation, be distributed as
19    provided in Section 2 of the State Revenue  Sharing  Act.  No
20    payments or distributions pursuant to this paragraph shall be
21    made  if  the  tax  imposed  by  this Act on photo processing
22    products is declared unconstitutional,  or  if  the  proceeds
23    from  such  tax  are  unavailable for distribution because of
24    litigation.
25        Subject to payment of amounts  into  the  Build  Illinois
26    Fund,  the  McCormick  Place  Expansion Project Fund, and the
27    Local Government Distributive Fund pursuant to the  preceding
28    paragraphs  or  in  any amendments thereto hereafter enacted,
29    beginning July 1, 1993, the Department shall each  month  pay
30    into  the Illinois Tax Increment Fund 0.27% of 80% of the net
31    revenue realized for  the  preceding  month  from  the  6.25%
32    general  rate  on  the  selling  price  of  tangible personal
33    property.
34        All remaining moneys received by the Department  pursuant
 
HB0263 Enrolled            -32-                LRB9203561MWpk
 1    to  this  Act  shall be paid into the General Revenue Fund of
 2    the State Treasury.
 3        As soon as possible after the first day  of  each  month,
 4    upon   certification   of  the  Department  of  Revenue,  the
 5    Comptroller shall order transferred and the  Treasurer  shall
 6    transfer  from the General Revenue Fund to the Motor Fuel Tax
 7    Fund an amount equal to  1.7%  of  80%  of  the  net  revenue
 8    realized  under  this  Act  for  the  second preceding month.
 9    Beginning April 1, 2000, this transfer is no longer  required
10    and shall not be made.
11        Net  revenue  realized  for  a month shall be the revenue
12    collected by the State pursuant to this Act, less the  amount
13    paid  out  during  that  month  as  refunds  to taxpayers for
14    overpayment of liability.
15    (Source: P.A. 90-612, eff. 7-8-98; 91-37, eff. 7-1-99; 91-51,
16    eff. 6-30-99; 91-101, eff.  7-12-99;  91-541,  eff.  8-13-99;
17    91-872, eff. 7-1-00.)

18        Section 25.  The Service Occupation Tax Act is amended by
19    changing Section 9 as follows:

20        (35 ILCS 115/9) (from Ch. 120, par. 439.109)
21        Sec.  9.   Each  serviceman  required  or  authorized  to
22    collect  the  tax  herein imposed shall pay to the Department
23    the amount of such tax at the time when  he  is  required  to
24    file  his  return  for  the  period during which such tax was
25    collectible, less a discount of  2.1%  prior  to  January  1,
26    1990,  and  1.75%  on  and  after  January 1, 1990, or $5 per
27    calendar year, whichever is  greater,  which  is  allowed  to
28    reimburse  the serviceman for expenses incurred in collecting
29    the tax,  keeping  records,  preparing  and  filing  returns,
30    remitting  the  tax  and  supplying data to the Department on
31    request.
32        Where such tangible personal property  is  sold  under  a
 
HB0263 Enrolled            -33-                LRB9203561MWpk
 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 serviceman, in collecting  the  tax  may
 5    collect,  for each tax return period, only the tax applicable
 6    to the part of the selling  price  actually  received  during
 7    such tax return period.
 8        Except  as  provided  hereinafter  in this Section, on or
 9    before  the  twentieth  day  of  each  calendar  month,  such
10    serviceman shall file a return  for  the  preceding  calendar
11    month  in accordance with reasonable rules and regulations to
12    be promulgated by the Department of  Revenue.    Such  return
13    shall  be  filed  on  a form prescribed by the Department and
14    shall  contain  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 business as a serviceman in this
27        State;
28             3.  The total amount of taxable receipts received by
29        him  during  the  preceding  calendar  month,   including
30        receipts  from  charge  and  time  sales,  but  less  all
31        deductions allowed by law;
32             4.  The  amount  of credit provided in Section 2d of
33        this Act;
34             5.  The amount of tax due;
 
HB0263 Enrolled            -34-                LRB9203561MWpk
 1             5-5.  The signature of the taxpayer; and
 2             6.  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        A serviceman may accept a Manufacturer's Purchase  Credit
 9    certification from a purchaser in satisfaction of Service Use
10    Tax as provided in Section 3-70 of the Service Use Tax Act if
11    the  purchaser  provides  the  appropriate  documentation  as
12    required  by  Section  3-70  of  the  Service Use Tax Act.  A
13    Manufacturer's Purchase Credit certification, accepted  by  a
14    serviceman as provided in Section 3-70 of the Service Use Tax
15    Act,  may  be  used  by  that  serviceman  to satisfy Service
16    Occupation  Tax  liability  in  the  amount  claimed  in  the
17    certification, not to exceed 6.25% of the receipts subject to
18    tax from a qualifying purchase.
19        If the serviceman's average monthly tax liability to  the
20    Department does not exceed $200, the Department may authorize
21    his  returns  to be filed on a quarter annual basis, with the
22    return for January, February and March of a given year  being
23    due  by April 20 of such year; with the return for April, May
24    and June of a given year being due by July 20 of  such  year;
25    with  the  return  for  July, August and September of a given
26    year being due by October 20  of  such  year,  and  with  the
27    return  for  October,  November  and December of a given year
28    being due by January 20 of the following year.
29        If the serviceman's average monthly tax liability to  the
30    Department  does not exceed $50, the Department may authorize
31    his returns to be filed on an annual basis, with  the  return
32    for  a  given  year  being due by January 20 of the following
33    year.
34        Such quarter annual and annual returns, as  to  form  and
 
HB0263 Enrolled            -35-                LRB9203561MWpk
 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 serviceman may file his
 5    return, in the case of any serviceman who ceases to engage in
 6    a kind of business which makes  him  responsible  for  filing
 7    returns  under  this  Act, such serviceman shall file a final
 8    return under this Act with the Department  not  more  than  1
 9    month after discontinuing such business.
10        Beginning  October 1, 1993, a taxpayer who has an average
11    monthly tax liability of $150,000  or  more  shall  make  all
12    payments  required  by  rules of the Department by electronic
13    funds transfer.  Beginning October 1, 1994,  a  taxpayer  who
14    has  an  average  monthly  tax  liability of $100,000 or more
15    shall make all payments required by rules of  the  Department
16    by  electronic  funds transfer.  Beginning October 1, 1995, a
17    taxpayer who has an average monthly tax liability of  $50,000
18    or  more  shall  make  all  payments required by rules of the
19    Department by electronic funds transfer.   Beginning  October
20    1,  2000,  a  taxpayer  who  has  an  annual tax liability of
21    $200,000 or more shall make all payments required by rules of
22    the  Department  by  electronic  funds  transfer.   The  term
23    "annual 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.  The
27    term  "average  monthly  tax  liability" means the sum of the
28    taxpayer's liabilities under this Act, and  under  all  other
29    State  and  local occupation and use tax laws administered by
30    the Department, for the immediately preceding  calendar  year
31    divided by 12.
32        Before  August  1  of  each  year  beginning in 1993, the
33    Department  shall  notify  all  taxpayers  required  to  make
34    payments  by  electronic  funds  transfer.    All   taxpayers
 
HB0263 Enrolled            -36-                LRB9203561MWpk
 1    required  to make payments by electronic funds transfer shall
 2    make those payments for a minimum of one  year  beginning  on
 3    October 1.
 4        Any  taxpayer not required to make payments by electronic
 5    funds transfer may make payments by electronic funds transfer
 6    with the permission of the Department.
 7        All taxpayers required  to  make  payment  by  electronic
 8    funds  transfer  and  any taxpayers authorized to voluntarily
 9    make payments by electronic funds transfer shall  make  those
10    payments in the manner authorized by the Department.
11        The Department shall adopt such rules as are necessary to
12    effectuate  a  program  of  electronic funds transfer and the
13    requirements of this Section.
14        Where a serviceman collects the tax with respect  to  the
15    selling  price  of  tangible personal property which he sells
16    and the purchaser thereafter returns such  tangible  personal
17    property and the serviceman refunds the selling price thereof
18    to  the  purchaser, such serviceman shall also refund, to the
19    purchaser, the tax so collected  from  the  purchaser.   When
20    filing his return for the period in which he refunds such tax
21    to the purchaser, the serviceman may deduct the amount of the
22    tax  so  refunded  by  him  to  the  purchaser from any other
23    Service  Occupation  Tax,   Service   Use   Tax,   Retailers'
24    Occupation  Tax  or  Use  Tax  which  such  serviceman may be
25    required to pay or remit to the Department, as shown by  such
26    return,  provided  that  the amount of the tax to be deducted
27    shall previously have been remitted to the Department by such
28    serviceman.  If the  serviceman  shall  not  previously  have
29    remitted  the  amount of such tax to the Department, he shall
30    be entitled to no deduction hereunder upon refunding such tax
31    to the purchaser.
32        If experience indicates such action  to  be  practicable,
33    the  Department  may  prescribe  and furnish a combination or
34    joint return which will enable servicemen, who  are  required
 
HB0263 Enrolled            -37-                LRB9203561MWpk
 1    to  file  returns  hereunder  and  also  under the Retailers'
 2    Occupation Tax Act, the Use Tax Act or the  Service  Use  Tax
 3    Act,  to  furnish  all the return information required by all
 4    said Acts on the one form.
 5        Where  the  serviceman  has  more   than   one   business
 6    registered  with  the Department under separate registrations
 7    hereunder, such serviceman shall file  separate  returns  for
 8    each registered business.
 9        Beginning  January  1,  1990,  each  month the Department
10    shall pay into the Local  Government  Tax  Fund  the  revenue
11    realized  for the preceding month from the 1% tax on sales of
12    food for human consumption which is to be  consumed  off  the
13    premises  where  it  is sold (other than alcoholic beverages,
14    soft drinks and food which has been  prepared  for  immediate
15    consumption)  and prescription and nonprescription medicines,
16    drugs,  medical  appliances  and   insulin,   urine   testing
17    materials, syringes and needles used by diabetics.
18        Beginning  January  1,  1990,  each  month the Department
19    shall pay into the County and Mass Transit District  Fund  4%
20    of  the  revenue  realized  for  the preceding month from the
21    6.25% general rate.
22        Beginning August 1, 2000, each month the Department shall
23    pay into the County and Mass Transit District Fund 20% of the
24    net revenue realized for the preceding month from  the  1.25%
25    rate on the selling price of motor fuel and gasohol.
26        Beginning  January  1,  1990,  each  month the Department
27    shall pay into the Local  Government  Tax  Fund  16%  of  the
28    revenue  realized  for  the  preceding  month  from the 6.25%
29    general rate on transfers of tangible personal property.
30        Beginning August 1, 2000, each month the Department shall
31    pay into the Local Government Tax Fund 80% of the net revenue
32    realized for the preceding month from the 1.25% rate  on  the
33    selling price of motor fuel and gasohol.
34        Of the remainder of the moneys received by the Department
 
HB0263 Enrolled            -38-                LRB9203561MWpk
 1    pursuant  to  this  Act, (a) 1.75% thereof shall be paid into
 2    the Build Illinois Fund and (b) prior to July 1,  1989,  2.2%
 3    and  on  and  after  July 1, 1989, 3.8% thereof shall be paid
 4    into the Build Illinois Fund; provided, however, that  if  in
 5    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
 6    as  the case may be, of the moneys received by the Department
 7    and required to be paid into the Build Illinois Fund pursuant
 8    to Section 3 of the Retailers' Occupation Tax Act, Section  9
 9    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
10    Section  9 of the Service Occupation Tax Act, such Acts being
11    hereinafter called the "Tax Acts" and such aggregate of  2.2%
12    or  3.8%,  as  the  case  may be, of moneys being hereinafter
13    called the "Tax Act Amount", and (2) the  amount  transferred
14    to the Build Illinois Fund from the State and Local Sales Tax
15    Reform  Fund  shall  be less than the Annual Specified Amount
16    (as defined in Section 3 of  the  Retailers'  Occupation  Tax
17    Act),  an amount equal to the difference shall be immediately
18    paid into the Build Illinois Fund from other moneys  received
19    by  the  Department  pursuant  to  the  Tax Acts; and further
20    provided, that if on the last business day of any  month  the
21    sum  of  (1) the Tax Act Amount required to be deposited into
22    the Build Illinois Account in the Build Illinois Fund  during
23    such  month  and (2) the amount transferred during such month
24    to the Build Illinois Fund from the State and Local Sales Tax
25    Reform Fund shall have been less  than  1/12  of  the  Annual
26    Specified  Amount, an amount equal to the difference shall be
27    immediately paid into the  Build  Illinois  Fund  from  other
28    moneys  received  by the Department pursuant to the Tax Acts;
29    and, further provided, that in no event  shall  the  payments
30    required  under  the  preceding  proviso  result in aggregate
31    payments into the Build Illinois Fund pursuant to this clause
32    (b) for any fiscal year in excess of the greater of  (i)  the
33    Tax  Act  Amount or (ii) the Annual Specified Amount for such
34    fiscal year; and, further provided, that the amounts  payable
 
HB0263 Enrolled            -39-                LRB9203561MWpk
 1    into  the  Build Illinois Fund under this clause (b) shall be
 2    payable only until such  time  as  the  aggregate  amount  on
 3    deposit  under each trust indenture securing Bonds issued and
 4    outstanding pursuant  to  the  Build  Illinois  Bond  Act  is
 5    sufficient, taking into account any future investment income,
 6    to  fully provide, in accordance with such indenture, for the
 7    defeasance of or the payment of the principal of, premium, if
 8    any, and interest on the Bonds secured by such indenture  and
 9    on  any  Bonds  expected to be issued thereafter and all fees
10    and costs payable with respect thereto, all as  certified  by
11    the  Director  of  the  Bureau of the Budget.  If on the last
12    business day of any month  in  which  Bonds  are  outstanding
13    pursuant to the Build Illinois Bond Act, the aggregate of the
14    moneys  deposited  in  the Build Illinois Bond Account in the
15    Build Illinois Fund in such month  shall  be  less  than  the
16    amount  required  to  be  transferred  in such month from the
17    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
18    Retirement  and  Interest  Fund pursuant to Section 13 of the
19    Build Illinois Bond Act, an amount equal to  such  deficiency
20    shall  be  immediately paid from other moneys received by the
21    Department pursuant to the Tax Acts  to  the  Build  Illinois
22    Fund;  provided,  however, that any amounts paid to the Build
23    Illinois Fund in any fiscal year pursuant  to  this  sentence
24    shall be deemed to constitute payments pursuant to clause (b)
25    of  the  preceding  sentence  and  shall  reduce  the  amount
26    otherwise payable for such fiscal year pursuant to clause (b)
27    of  the  preceding  sentence.   The  moneys  received  by the
28    Department pursuant to this Act and required to be  deposited
29    into the Build Illinois Fund are subject to the pledge, claim
30    and charge set forth in Section 12 of the Build Illinois Bond
31    Act.
32        Subject  to  payment  of  amounts into the Build Illinois
33    Fund as  provided  in  the  preceding  paragraph  or  in  any
34    amendment  thereto hereafter enacted, the following specified
 
HB0263 Enrolled            -40-                LRB9203561MWpk
 1    monthly  installment  of  the   amount   requested   in   the
 2    certificate  of  the  Chairman  of  the Metropolitan Pier and
 3    Exposition Authority provided  under  Section  8.25f  of  the
 4    State  Finance  Act, but not in excess of the sums designated
 5    as "Total Deposit", shall be deposited in the aggregate  from
 6    collections  under Section 9 of the Use Tax Act, Section 9 of
 7    the Service Use Tax Act, Section 9 of the Service  Occupation
 8    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
 9    into the  McCormick  Place  Expansion  Project  Fund  in  the
10    specified fiscal years.
11               Fiscal Year                           Total Deposit
12                   1993                                        $0
13                   1994                                53,000,000
14                   1995                                58,000,000
15                   1996                                61,000,000
16                   1997                                64,000,000
17                   1998                                68,000,000
18                   1999                                71,000,000
19                   2000                                75,000,000
20                   2001                                80,000,000
21                   2002                  93,000,000    84,000,000
22                   2003                  99,000,000    89,000,000
23                   2004                 103,000,000    93,000,000
24                   2005                 108,000,000    97,000,000
25                   2006                 113,000,000   102,000,000
26                   2007                 119,000,000   108,000,000
27                   2008                 126,000,000   115,000,000
28                   2009                 132,000,000   120,000,000
29                   2010                 139,000,000   126,000,000
30                   2011                 146,000,000   132,000,000
31                   2012                 153,000,000   138,000,000
32                   2013                               161,000,000
33                   2014                               170,000,000
34                   2015                               179,000,000
 
HB0263 Enrolled            -41-                LRB9203561MWpk
 1                   2016                               189,000,000
 2                   2017                               199,000,000
 3                   2018                               210,000,000
 4                   2019                               221,000,000
 5                   2020                               233,000,000
 6                   2021                               246,000,000
 7                   2022                               260,000,000
 8                 2023 and                             275,000,000
 9                                                      145,000,000
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 2042 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  0.4%  of  the  net
 
HB0263 Enrolled            -42-                LRB9203561MWpk
 1    revenue  realized for the preceding month from the 5% general
 2    rate or 0.4% of 80% of  the  net  revenue  realized  for  the
 3    preceding  month from the 6.25% general rate, as the case may
 4    be, on the selling price of tangible personal property  which
 5    amount  shall,  subject  to  appropriation, be distributed as
 6    provided in Section 2 of the State Revenue Sharing  Act.   No
 7    payments or distributions pursuant to this paragraph shall be
 8    made  if  the  tax  imposed  by  this  Act on photoprocessing
 9    products is declared unconstitutional,  or  if  the  proceeds
10    from  such  tax  are  unavailable for distribution because of
11    litigation.
12        Subject to payment of amounts  into  the  Build  Illinois
13    Fund,  the  McCormick  Place  Expansion Project Fund, and the
14    Local Government Distributive Fund pursuant to the  preceding
15    paragraphs  or  in  any amendments thereto hereafter enacted,
16    beginning July 1, 1993, the Department shall each  month  pay
17    into  the Illinois Tax Increment Fund 0.27% of 80% of the net
18    revenue realized for  the  preceding  month  from  the  6.25%
19    general  rate  on  the  selling  price  of  tangible personal
20    property.
21        Remaining moneys received by the Department  pursuant  to
22    this  Act  shall be paid into the General Revenue Fund of the
23    State Treasury.
24        The Department may, upon separate  written  notice  to  a
25    taxpayer,  require  the taxpayer to prepare and file with the
26    Department on a form prescribed by the Department within  not
27    less  than  60  days  after  receipt  of the notice an annual
28    information return for the tax year specified in the  notice.
29    Such   annual  return  to  the  Department  shall  include  a
30    statement of gross receipts as shown by the  taxpayer's  last
31    Federal  income  tax  return.   If  the total receipts of the
32    business as reported in the Federal income tax return do  not
33    agree  with  the gross receipts reported to the Department of
34    Revenue for the same period, the taxpayer shall attach to his
 
HB0263 Enrolled            -43-                LRB9203561MWpk
 1    annual return a schedule showing a reconciliation  of  the  2
 2    amounts  and  the reasons for the difference.  The taxpayer's
 3    annual return to the Department shall also disclose the  cost
 4    of goods sold by the taxpayer during the year covered by such
 5    return,  opening  and  closing  inventories of such goods for
 6    such year, cost of goods used from stock or taken from  stock
 7    and  given  away  by  the taxpayer during such year, pay roll
 8    information of the taxpayer's business during such  year  and
 9    any  additional  reasonable  information which the Department
10    deems would be helpful in determining  the  accuracy  of  the
11    monthly,  quarterly  or annual returns filed by such taxpayer
12    as hereinbefore provided for in this Section.
13        If the annual information return required by this Section
14    is not filed when and as  required,  the  taxpayer  shall  be
15    liable as follows:
16             (i)  Until  January  1,  1994, the taxpayer shall be
17        liable for a penalty equal to 1/6 of 1% of  the  tax  due
18        from such taxpayer under this Act during the period to be
19        covered  by  the annual return for each month or fraction
20        of a month until such return is filed  as  required,  the
21        penalty  to  be assessed and collected in the same manner
22        as any other penalty provided for in this Act.
23             (ii)  On and after January  1,  1994,  the  taxpayer
24        shall be liable for a penalty as described in Section 3-4
25        of the Uniform Penalty and Interest Act.
26        The chief executive officer, proprietor, owner or highest
27    ranking  manager  shall sign the annual return to certify the
28    accuracy of the information contained  therein.   Any  person
29    who  willfully  signs  the  annual return containing false or
30    inaccurate  information  shall  be  guilty  of  perjury   and
31    punished  accordingly.   The annual return form prescribed by
32    the Department  shall  include  a  warning  that  the  person
33    signing the return may be liable for perjury.
34        The  foregoing  portion  of  this  Section concerning the
 
HB0263 Enrolled            -44-                LRB9203561MWpk
 1    filing of an annual information return shall not apply  to  a
 2    serviceman  who  is not required to file an income tax return
 3    with the United States Government.
 4        As soon as possible after the first day  of  each  month,
 5    upon   certification   of  the  Department  of  Revenue,  the
 6    Comptroller shall order transferred and the  Treasurer  shall
 7    transfer  from the General Revenue Fund to the Motor Fuel Tax
 8    Fund an amount equal to  1.7%  of  80%  of  the  net  revenue
 9    realized  under  this  Act  for  the  second preceding month.
10    Beginning April 1, 2000, this transfer is no longer  required
11    and shall not be made.
12        Net  revenue  realized  for  a month shall be the revenue
13    collected by the State pursuant to this Act, less the  amount
14    paid  out  during  that  month  as  refunds  to taxpayers for
15    overpayment of liability.
16        For greater simplicity of  administration,  it  shall  be
17    permissible  for  manufacturers,  importers  and  wholesalers
18    whose  products  are sold by numerous servicemen in Illinois,
19    and who wish to do  so,  to  assume  the  responsibility  for
20    accounting  and  paying  to  the  Department all tax accruing
21    under this Act with respect to such sales, if the  servicemen
22    who  are  affected  do  not  make  written  objection  to the
23    Department to this arrangement.
24    (Source: P.A. 90-612, eff. 7-8-98; 91-37, eff. 7-1-99; 91-51,
25    eff. 6-30-99; 91-101, eff.  7-12-99;  91-541,  eff.  8-13-99;
26    91-872, eff. 7-1-00.)

27        Section 30.  The Retailers' Occupation Tax Act is amended
28    by changing Section 3 as follows:

29        (35 ILCS 120/3) (from Ch. 120, par. 442)
30        Sec. 3.  Except as provided in this Section, on or before
31    the  twentieth  day  of  each  calendar  month,  every person
32    engaged in the business of selling tangible personal property
 
HB0263 Enrolled            -45-                LRB9203561MWpk
 1    at retail in this State during the preceding  calendar  month
 2    shall file a return with the Department, stating:
 3             1.  The name of the seller;
 4             2.  His  residence  address  and  the address of his
 5        principal place  of  business  and  the  address  of  the
 6        principal  place  of  business  (if  that  is a different
 7        address) from which he engages in the business of selling
 8        tangible personal property at retail in this State;
 9             3.  Total amount of receipts received by him  during
10        the  preceding calendar month or quarter, as the case may
11        be, from sales of tangible personal  property,  and  from
12        services furnished, by him during such preceding calendar
13        month or quarter;
14             4.  Total   amount   received   by  him  during  the
15        preceding calendar month or quarter on  charge  and  time
16        sales  of  tangible  personal property, and from services
17        furnished, by him prior to the month or quarter for which
18        the return is filed;
19             5.  Deductions allowed by law;
20             6.  Gross receipts which were received by him during
21        the preceding calendar month  or  quarter  and  upon  the
22        basis of which the tax is imposed;
23             7.  The  amount  of credit provided in Section 2d of
24        this Act;
25             8.  The amount of tax due;
26             9.  The signature of the taxpayer; and
27             10.  Such  other  reasonable  information   as   the
28        Department may require.
29        If a taxpayer fails to sign a return within 30 days after
30    the proper notice and demand for signature by the Department,
31    the  return shall be considered valid and any amount shown to
32    be due on the return shall be deemed assessed.
33        Each return shall be  accompanied  by  the  statement  of
34    prepaid tax issued pursuant to Section 2e for which credit is
 
HB0263 Enrolled            -46-                LRB9203561MWpk
 1    claimed.
 2        A  retailer  may  accept a Manufacturer's Purchase Credit
 3    certification from a purchaser in satisfaction of Use Tax  as
 4    provided  in Section 3-85 of the Use Tax Act if the purchaser
 5    provides the appropriate documentation as required by Section
 6    3-85 of the Use Tax Act.  A  Manufacturer's  Purchase  Credit
 7    certification,  accepted by a retailer as provided in Section
 8    3-85 of the Use Tax Act, may be  used  by  that  retailer  to
 9    satisfy  Retailers'  Occupation  Tax  liability in the amount
10    claimed in the certification, not  to  exceed  6.25%  of  the
11    receipts subject to tax from a qualifying purchase.
12        The  Department  may  require  returns  to  be filed on a
13    quarterly basis.  If so required, a return for each  calendar
14    quarter  shall be filed on or before the twentieth day of the
15    calendar month following the end of  such  calendar  quarter.
16    The taxpayer shall also file a return with the Department for
17    each  of the first two months of each calendar quarter, on or
18    before the twentieth day of  the  following  calendar  month,
19    stating:
20             1.  The name of the seller;
21             2.  The  address  of the principal place of business
22        from which he engages in the business of selling tangible
23        personal property at retail in this State;
24             3.  The total amount of taxable receipts received by
25        him during the preceding calendar  month  from  sales  of
26        tangible  personal  property by him during such preceding
27        calendar month, including receipts from charge  and  time
28        sales, but less all deductions allowed by law;
29             4.  The  amount  of credit provided in Section 2d of
30        this Act;
31             5.  The amount of tax due; and
32             6.  Such  other  reasonable   information   as   the
33        Department may require.
34        If  a total amount of less than $1 is payable, refundable
 
HB0263 Enrolled            -47-                LRB9203561MWpk
 1    or creditable, such amount shall be disregarded if it is less
 2    than 50 cents and shall be increased to $1 if it is 50  cents
 3    or more.
 4        Beginning  October 1, 1993, a taxpayer who has an average
 5    monthly tax liability of $150,000  or  more  shall  make  all
 6    payments  required  by  rules of the Department by electronic
 7    funds transfer.  Beginning October 1, 1994,  a  taxpayer  who
 8    has  an  average  monthly  tax  liability of $100,000 or more
 9    shall make all payments required by rules of  the  Department
10    by  electronic  funds transfer.  Beginning October 1, 1995, a
11    taxpayer who has an average monthly tax liability of  $50,000
12    or  more  shall  make  all  payments required by rules of the
13    Department by electronic funds transfer.   Beginning  October
14    1,  2000,  a  taxpayer  who  has  an  annual tax liability of
15    $200,000 or more shall make all payments required by rules of
16    the  Department  by  electronic  funds  transfer.   The  term
17    "annual tax liability" shall be the  sum  of  the  taxpayer's
18    liabilities  under  this  Act,  and under all other State and
19    local  occupation  and  use  tax  laws  administered  by  the
20    Department, for the immediately preceding calendar year.  The
21    term  "average monthly tax liability" shall be the sum of the
22    taxpayer's liabilities under this Act, and  under  all  other
23    State  and  local occupation and use tax laws administered by
24    the Department, for the immediately preceding  calendar  year
25    divided by 12.
26        Before  August  1  of  each  year  beginning in 1993, the
27    Department  shall  notify  all  taxpayers  required  to  make
28    payments  by  electronic  funds  transfer.    All   taxpayers
29    required  to make payments by electronic funds transfer shall
30    make those payments for a minimum of one  year  beginning  on
31    October 1.
32        Any  taxpayer not required to make payments by electronic
33    funds transfer may make payments by electronic funds transfer
34    with the permission of the Department.
 
HB0263 Enrolled            -48-                LRB9203561MWpk
 1        All taxpayers required  to  make  payment  by  electronic
 2    funds  transfer  and  any taxpayers authorized to voluntarily
 3    make payments by electronic funds transfer shall  make  those
 4    payments in the manner authorized by the Department.
 5        The Department shall adopt such rules as are necessary to
 6    effectuate  a  program  of  electronic funds transfer and the
 7    requirements of this Section.
 8        Any amount which is required to be shown or  reported  on
 9    any  return  or  other document under this Act shall, if such
10    amount is not a whole-dollar  amount,  be  increased  to  the
11    nearest  whole-dollar amount in any case where the fractional
12    part of a dollar is 50 cents or more, and  decreased  to  the
13    nearest  whole-dollar  amount  where the fractional part of a
14    dollar is less than 50 cents.
15        If the retailer is otherwise required to file  a  monthly
16    return and if the retailer's average monthly tax liability to
17    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 retailer is otherwise required to file  a  monthly
27    or quarterly return and if the retailer's average monthly tax
28    liability  with  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.
 
HB0263 Enrolled            -49-                LRB9203561MWpk
 1        Notwithstanding   any   other   provision   in  this  Act
 2    concerning the time within which  a  retailer  may  file  his
 3    return, in the case of any retailer who ceases to engage in a
 4    kind  of  business  which  makes  him  responsible for filing
 5    returns under this Act, such  retailer  shall  file  a  final
 6    return  under  this Act with the Department not more than one
 7    month after discontinuing such business.
 8        Where  the  same  person  has  more  than  one   business
 9    registered  with  the Department under separate registrations
10    under this Act, such person may not file each return that  is
11    due   as   a  single  return  covering  all  such  registered
12    businesses, but shall file separate  returns  for  each  such
13    registered business.
14        In  addition, with respect to motor vehicles, watercraft,
15    aircraft, and trailers that are  required  to  be  registered
16    with  an  agency  of  this State, every retailer selling this
17    kind of tangible  personal  property  shall  file,  with  the
18    Department,  upon a form to be prescribed and supplied by the
19    Department, a separate return for each such item of  tangible
20    personal  property  which the retailer sells, except that if,
21    in  the  same  transaction,  (i)  a  retailer  of   aircraft,
22    watercraft,  motor  vehicles  or trailers transfers more than
23    one aircraft, watercraft, motor vehicle or trailer to another
24    aircraft,  watercraft,  motor  vehicle  retailer  or  trailer
25    retailer for the purpose of resale  or  (ii)  a  retailer  of
26    aircraft,  watercraft,  motor vehicles, or trailers transfers
27    more than one aircraft, watercraft, motor vehicle, or trailer
28    to a purchaser for use  as  a  qualifying  rolling  stock  as
29    provided  in  Section  2-5  of this Act, then that seller may
30    report  the  transfer  of  all  aircraft,  watercraft,  motor
31    vehicles or trailers involved  in  that  transaction  to  the
32    Department  on the same uniform invoice-transaction reporting
33    return form.  For  purposes  of  this  Section,  "watercraft"
34    means a Class 2, Class 3, or Class 4 watercraft as defined in
 
HB0263 Enrolled            -50-                LRB9203561MWpk
 1    Section  3-2  of  the  Boat  Registration  and  Safety Act, a
 2    personal watercraft, or any boat  equipped  with  an  inboard
 3    motor.
 4        Any  retailer  who sells only motor vehicles, watercraft,
 5    aircraft, or trailers that are required to be registered with
 6    an agency of this State, so that  all  retailers'  occupation
 7    tax liability is required to be reported, and is reported, on
 8    such  transaction  reporting returns and who is not otherwise
 9    required to file monthly or quarterly returns, need not  file
10    monthly or quarterly returns.  However, those retailers shall
11    be required to file returns on an annual basis.
12        The  transaction  reporting  return, in the case of motor
13    vehicles or trailers that are required to be registered  with
14    an  agency  of  this State, shall be the same document as the
15    Uniform Invoice referred to in Section 5-402 of The  Illinois
16    Vehicle  Code  and  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 1 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; such other information as is required in
31    Section 5-402 of The Illinois Vehicle Code,  and  such  other
32    information as the Department may reasonably require.
33        The   transaction   reporting   return  in  the  case  of
34    watercraft or aircraft must show the name and address of  the
 
HB0263 Enrolled            -51-                LRB9203561MWpk
 1    seller;  the name and address of the purchaser; the amount of
 2    the  selling  price  including  the  amount  allowed  by  the
 3    retailer for traded-in property, if any; the  amount  allowed
 4    by the retailer for the traded-in tangible personal property,
 5    if  any,  to the extent to which Section 1 of this Act allows
 6    an exemption for the value of traded-in property; the balance
 7    payable after deducting  such  trade-in  allowance  from  the
 8    total  selling price; the amount of tax due from the retailer
 9    with respect to such transaction; the amount of tax collected
10    from the purchaser by the retailer on  such  transaction  (or
11    satisfactory  evidence  that  such  tax  is  not  due in that
12    particular instance, if that is claimed to be the fact);  the
13    place  and  date  of the sale, a sufficient identification of
14    the  property  sold,  and  such  other  information  as   the
15    Department may reasonably require.
16        Such  transaction  reporting  return  shall  be filed not
17    later than 20 days after the day of delivery of the item that
18    is being sold, but may be filed by the retailer at  any  time
19    sooner  than  that  if  he chooses to do so.  The transaction
20    reporting return and tax remittance  or  proof  of  exemption
21    from   the  Illinois  use  tax  may  be  transmitted  to  the
22    Department by way of the State agency with  which,  or  State
23    officer  with  whom  the  tangible  personal property must be
24    titled or registered (if titling or registration is required)
25    if the Department and such agency or State officer  determine
26    that   this   procedure   will  expedite  the  processing  of
27    applications for title or registration.
28        With each such transaction reporting return, the retailer
29    shall remit the proper amount of tax  due  (or  shall  submit
30    satisfactory evidence that the sale is not taxable if that is
31    the  case),  to  the  Department or its agents, whereupon the
32    Department shall issue, in the purchaser's name,  a  use  tax
33    receipt  (or  a certificate of exemption if the Department is
34    satisfied that the particular sale is tax exempt) which  such
 
HB0263 Enrolled            -52-                LRB9203561MWpk
 1    purchaser  may  submit  to  the  agency  with which, or State
 2    officer with whom, he must title  or  register  the  tangible
 3    personal   property   that   is   involved   (if  titling  or
 4    registration is required)  in  support  of  such  purchaser's
 5    application  for an Illinois certificate or other evidence of
 6    title or registration to such tangible personal property.
 7        No retailer's failure or refusal to remit tax under  this
 8    Act  precludes  a  user,  who  has paid the proper tax to the
 9    retailer, from obtaining his certificate of  title  or  other
10    evidence of title or registration (if titling or registration
11    is  required)  upon  satisfying the Department that such user
12    has paid the proper tax (if tax is due) to the retailer.  The
13    Department shall adopt appropriate rules  to  carry  out  the
14    mandate of this paragraph.
15        If  the  user who would otherwise pay tax to the retailer
16    wants the transaction reporting return filed and the  payment
17    of  the  tax  or  proof  of  exemption made to the Department
18    before the retailer is willing to take these actions and such
19    user has not paid the tax to  the  retailer,  such  user  may
20    certify  to  the  fact  of such delay by the retailer and may
21    (upon the Department being satisfied of  the  truth  of  such
22    certification)  transmit  the  information  required  by  the
23    transaction  reporting  return  and the remittance for tax or
24    proof of exemption directly to the Department and obtain  his
25    tax  receipt  or  exemption determination, in which event the
26    transaction reporting return and tax  remittance  (if  a  tax
27    payment  was required) shall be credited by the Department to
28    the  proper  retailer's  account  with  the  Department,  but
29    without the 2.1% or  1.75%  discount  provided  for  in  this
30    Section  being  allowed.  When the user pays the tax directly
31    to the Department, he shall pay the tax in  the  same  amount
32    and in the same form in which it would be remitted if the tax
33    had been remitted to the Department by the retailer.
34        Refunds  made  by  the seller during the preceding return
 
HB0263 Enrolled            -53-                LRB9203561MWpk
 1    period  to  purchasers,  on  account  of  tangible   personal
 2    property  returned  to  the  seller,  shall  be  allowed as a
 3    deduction under subdivision 5 of  his  monthly  or  quarterly
 4    return,   as  the  case  may  be,  in  case  the  seller  had
 5    theretofore included the  receipts  from  the  sale  of  such
 6    tangible  personal  property in a return filed by him and had
 7    paid the tax  imposed  by  this  Act  with  respect  to  such
 8    receipts.
 9        Where  the  seller  is a corporation, the return filed on
10    behalf of such corporation shall be signed by the  president,
11    vice-president,  secretary  or  treasurer  or by the properly
12    accredited agent of such corporation.
13        Where the seller is  a  limited  liability  company,  the
14    return filed on behalf of the limited liability company shall
15    be  signed by a manager, member, or properly accredited agent
16    of the limited liability company.
17        Except as provided in this Section, the  retailer  filing
18    the  return  under  this Section shall, at the time of filing
19    such return, pay to the Department the amount of tax  imposed
20    by  this Act less a discount of 2.1% prior to January 1, 1990
21    and 1.75% on and after January 1, 1990, or  $5  per  calendar
22    year, whichever is greater, which is allowed to reimburse the
23    retailer  for  the  expenses  incurred  in  keeping  records,
24    preparing and filing returns, remitting the tax and supplying
25    data  to  the  Department  on  request.   Any prepayment made
26    pursuant to Section 2d of this Act shall be included  in  the
27    amount  on which such 2.1% or 1.75% discount is computed.  In
28    the case of retailers  who  report  and  pay  the  tax  on  a
29    transaction   by  transaction  basis,  as  provided  in  this
30    Section, such discount shall be  taken  with  each  such  tax
31    remittance  instead  of when such retailer files his periodic
32    return.
33        Before October 1, 2000, if the taxpayer's average monthly
34    tax liability to the Department under this Act, the  Use  Tax
 
HB0263 Enrolled            -54-                LRB9203561MWpk
 1    Act,  the Service Occupation Tax Act, and the Service Use Tax
 2    Act, excluding any liability for  prepaid  sales  tax  to  be
 3    remitted  in  accordance  with  Section  2d  of this Act, was
 4    $10,000 or more during  the  preceding  4  complete  calendar
 5    quarters,  he  shall  file  a return with the Department each
 6    month by the 20th day of the month next following  the  month
 7    during  which  such  tax liability is incurred and shall make
 8    payments to the Department on or before the 7th,  15th,  22nd
 9    and  last  day  of  the  month during which such liability is
10    incurred. On and after October 1,  2000,  if  the  taxpayer's
11    average  monthly  tax  liability to the Department under this
12    Act, the Use Tax Act, the Service Occupation Tax Act, and the
13    Service Use Tax Act,  excluding  any  liability  for  prepaid
14    sales  tax  to  be  remitted in accordance with Section 2d of
15    this Act, was $20,000 or more during the preceding 4 complete
16    calendar quarters, he shall file a return with the Department
17    each month by the 20th day of the month  next  following  the
18    month  during  which such tax liability is incurred and shall
19    make payment to the Department on or before  the  7th,  15th,
20    22nd and last day of the month during which such liability is
21    incurred.    If  the month during which such tax liability is
22    incurred began prior to January 1, 1985, each  payment  shall
23    be  in  an  amount  equal  to  1/4  of  the taxpayer's actual
24    liability for the month or an amount set  by  the  Department
25    not  to  exceed  1/4  of the average monthly liability of the
26    taxpayer to the  Department  for  the  preceding  4  complete
27    calendar  quarters  (excluding the month of highest liability
28    and the month of lowest liability in such 4 quarter  period).
29    If  the  month  during  which  such tax liability is incurred
30    begins on or after January 1, 1985 and prior  to  January  1,
31    1987,  each  payment  shall be in an amount equal to 22.5% of
32    the taxpayer's actual liability for the month or 27.5% of the
33    taxpayer's liability for  the  same  calendar  month  of  the
34    preceding year.  If the month during which such tax liability
 
HB0263 Enrolled            -55-                LRB9203561MWpk
 1    is  incurred  begins on or after January 1, 1987 and prior to
 2    January 1, 1988, each payment shall be in an amount equal  to
 3    22.5%  of  the  taxpayer's  actual liability for the month or
 4    26.25% of the taxpayer's  liability  for  the  same  calendar
 5    month  of the preceding year.  If the month during which such
 6    tax liability is incurred begins on or after January 1, 1988,
 7    and prior to January 1, 1989, or begins on or  after  January
 8    1, 1996, each payment shall be in an amount equal to 22.5% of
 9    the  taxpayer's  actual liability for the month or 25% of the
10    taxpayer's liability for  the  same  calendar  month  of  the
11    preceding  year. If the month during which such tax liability
12    is incurred begins on or after January 1, 1989, and prior  to
13    January  1, 1996, each payment shall be in an amount equal to
14    22.5% of the taxpayer's actual liability for the month or 25%
15    of the taxpayer's liability for the same  calendar  month  of
16    the preceding year or 100% of the taxpayer's actual liability
17    for the quarter monthly reporting period.  The amount of such
18    quarter  monthly payments shall be credited against the final
19    tax liability  of  the  taxpayer's  return  for  that  month.
20    Before  October  1, 2000, once applicable, the requirement of
21    the making of quarter monthly payments to the  Department  by
22    taxpayers  having an average monthly tax liability of $10,000
23    or more as determined in  the  manner  provided  above  shall
24    continue  until  such taxpayer's average monthly liability to
25    the Department  during  the  preceding  4  complete  calendar
26    quarters  (excluding  the  month of highest liability and the
27    month of lowest liability) is less than $9,000, or until such
28    taxpayer's average monthly liability  to  the  Department  as
29    computed  for  each  calendar  quarter  of  the  4  preceding
30    complete  calendar  quarter  period  is  less  than  $10,000.
31    However,  if  a  taxpayer  can  show  the  Department  that a
32    substantial change in the taxpayer's  business  has  occurred
33    which  causes  the  taxpayer  to  anticipate that his average
34    monthly tax liability for the reasonably  foreseeable  future
 
HB0263 Enrolled            -56-                LRB9203561MWpk
 1    will fall below the $10,000 threshold stated above, then such
 2    taxpayer  may  petition  the  Department for a change in such
 3    taxpayer's reporting status.  On and after October  1,  2000,
 4    once  applicable,  the  requirement  of the making of quarter
 5    monthly payments to the Department  by  taxpayers  having  an
 6    average   monthly   tax  liability  of  $20,000  or  more  as
 7    determined in the manner provided above shall continue  until
 8    such  taxpayer's  average monthly liability to the Department
 9    during the preceding 4 complete calendar quarters  (excluding
10    the  month  of  highest  liability  and  the  month of lowest
11    liability) is less than  $19,000  or  until  such  taxpayer's
12    average  monthly  liability to the Department as computed for
13    each calendar quarter of the 4  preceding  complete  calendar
14    quarter  period is less than $20,000.  However, if a taxpayer
15    can show the Department that  a  substantial  change  in  the
16    taxpayer's business has occurred which causes the taxpayer to
17    anticipate  that  his  average  monthly tax liability for the
18    reasonably foreseeable future will  fall  below  the  $20,000
19    threshold  stated  above, then such taxpayer may petition the
20    Department for a change in such taxpayer's reporting  status.
21    The  Department shall change such taxpayer's reporting status
22    unless it finds that such change is seasonal  in  nature  and
23    not  likely  to  be  long  term.  If any such quarter monthly
24    payment is not paid at the time or in the amount required  by
25    this Section, then the taxpayer shall be liable for penalties
26    and interest on the difference between the minimum amount due
27    as  a  payment and the amount of such quarter monthly payment
28    actually and timely paid, except insofar as the taxpayer  has
29    previously  made payments for that month to the Department in
30    excess of the minimum payments previously due as provided  in
31    this  Section. The Department shall make reasonable rules and
32    regulations to govern the quarter monthly payment amount  and
33    quarter monthly payment dates for taxpayers who file on other
34    than a calendar monthly basis.
 
HB0263 Enrolled            -57-                LRB9203561MWpk
 1        Without  regard to whether a taxpayer is required to make
 2    quarter monthly payments as specified above, any taxpayer who
 3    is required by Section 2d of this Act to  collect  and  remit
 4    prepaid  taxes  and has collected prepaid taxes which average
 5    in excess  of  $25,000  per  month  during  the  preceding  2
 6    complete  calendar  quarters,  shall  file  a return with the
 7    Department as required by Section 2f and shall make  payments
 8    to  the  Department on or before the 7th, 15th, 22nd and last
 9    day of the month during which such liability is incurred.  If
10    the month during which such tax liability is  incurred  began
11    prior  to  the effective date of this amendatory Act of 1985,
12    each payment shall be in an amount not less than 22.5% of the
13    taxpayer's actual liability under Section 2d.  If  the  month
14    during  which  such  tax  liability  is incurred begins on or
15    after January 1, 1986, each payment shall  be  in  an  amount
16    equal  to  22.5%  of  the taxpayer's actual liability for the
17    month or 27.5% of  the  taxpayer's  liability  for  the  same
18    calendar  month of the preceding calendar year.  If the month
19    during which such tax liability  is  incurred  begins  on  or
20    after  January  1,  1987,  each payment shall be in an amount
21    equal to 22.5% of the taxpayer's  actual  liability  for  the
22    month  or  26.25%  of  the  taxpayer's liability for the same
23    calendar month of the preceding year.   The  amount  of  such
24    quarter  monthly payments shall be credited against the final
25    tax liability of the taxpayer's return for that  month  filed
26    under  this  Section or Section 2f, as the case may be.  Once
27    applicable, the requirement of the making of quarter  monthly
28    payments  to  the Department pursuant to this paragraph shall
29    continue until such taxpayer's average  monthly  prepaid  tax
30    collections during the preceding 2 complete calendar quarters
31    is  $25,000  or less.  If any such quarter monthly payment is
32    not paid at the time or in the amount required, the  taxpayer
33    shall   be   liable   for  penalties  and  interest  on  such
34    difference, except insofar as  the  taxpayer  has  previously
 
HB0263 Enrolled            -58-                LRB9203561MWpk
 1    made  payments  for  that  month  in  excess  of  the minimum
 2    payments previously due.
 3        If any payment provided for in this Section  exceeds  the
 4    taxpayer's  liabilities  under this Act, the Use Tax Act, the
 5    Service Occupation Tax Act and the Service Use  Tax  Act,  as
 6    shown on an original monthly return, the Department shall, if
 7    requested  by  the  taxpayer,  issue to the taxpayer a credit
 8    memorandum no later than 30 days after the date  of  payment.
 9    The  credit  evidenced  by  such  credit  memorandum  may  be
10    assigned  by  the  taxpayer  to a similar taxpayer under this
11    Act, the Use Tax Act, the Service Occupation Tax Act  or  the
12    Service  Use Tax Act, in accordance with reasonable rules and
13    regulations to be prescribed by the Department.  If  no  such
14    request  is made, the taxpayer may credit such excess payment
15    against tax liability subsequently  to  be  remitted  to  the
16    Department  under  this  Act,  the  Use  Tax Act, the Service
17    Occupation Tax Act or the Service Use Tax Act, in  accordance
18    with  reasonable  rules  and  regulations  prescribed  by the
19    Department.  If the Department subsequently  determined  that
20    all  or  any part of the credit taken was not actually due to
21    the taxpayer, the taxpayer's 2.1% and 1.75% vendor's discount
22    shall be reduced by 2.1% or 1.75% of the  difference  between
23    the  credit  taken  and  that actually due, and that taxpayer
24    shall  be  liable  for  penalties  and   interest   on   such
25    difference.
26        If a retailer of motor fuel is entitled to a credit under
27    Section 2d of this Act which exceeds the taxpayer's liability
28    to  the  Department  under  this  Act for the month which the
29    taxpayer is filing a return, the Department shall  issue  the
30    taxpayer a credit memorandum for the excess.
31        Beginning  January  1,  1990,  each  month the Department
32    shall pay into the Local Government Tax Fund, a special  fund
33    in  the  State  treasury  which  is  hereby  created, the net
34    revenue realized for the preceding month from the 1%  tax  on
 
HB0263 Enrolled            -59-                LRB9203561MWpk
 1    sales  of  food for human consumption which is to be consumed
 2    off the premises where  it  is  sold  (other  than  alcoholic
 3    beverages,  soft  drinks and food which has been prepared for
 4    immediate consumption) and prescription  and  nonprescription
 5    medicines,  drugs,  medical  appliances  and  insulin,  urine
 6    testing materials, syringes and needles used by diabetics.
 7        Beginning  January  1,  1990,  each  month the Department
 8    shall pay into the County and Mass Transit District  Fund,  a
 9    special  fund  in the State treasury which is hereby created,
10    4% of the net revenue realized for the preceding  month  from
11    the 6.25% general rate.
12        Beginning August 1, 2000, each month the Department shall
13    pay into the County and Mass Transit District Fund 20% of the
14    net  revenue  realized for the preceding month from the 1.25%
15    rate on the selling price of motor fuel and gasohol.
16        Beginning January 1,  1990,  each  month  the  Department
17    shall  pay  into the Local Government Tax Fund 16% of the net
18    revenue realized for  the  preceding  month  from  the  6.25%
19    general  rate  on  the  selling  price  of  tangible personal
20    property.
21        Beginning August 1, 2000, each month the Department shall
22    pay into the Local Government Tax Fund 80% of the net revenue
23    realized for the preceding month from the 1.25% rate  on  the
24    selling price of motor fuel and gasohol.
25        Of the remainder of the moneys received by the Department
26    pursuant  to  this  Act, (a) 1.75% thereof shall be paid into
27    the Build Illinois Fund and (b) prior to July 1,  1989,  2.2%
28    and  on  and  after  July 1, 1989, 3.8% thereof shall be paid
29    into the Build Illinois Fund; provided, however, that  if  in
30    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
31    as  the case may be, of the moneys received by the Department
32    and required to be paid into the Build Illinois Fund pursuant
33    to this Act, Section 9 of the Use Tax Act, Section 9  of  the
34    Service  Use Tax Act, and Section 9 of the Service Occupation
 
HB0263 Enrolled            -60-                LRB9203561MWpk
 1    Tax Act, such Acts being hereinafter called  the  "Tax  Acts"
 2    and  such  aggregate  of 2.2% or 3.8%, as the case may be, of
 3    moneys being hereinafter called the "Tax Act Amount", and (2)
 4    the amount transferred to the Build Illinois  Fund  from  the
 5    State  and Local Sales Tax Reform Fund shall be less than the
 6    Annual Specified Amount (as hereinafter defined),  an  amount
 7    equal  to  the  difference shall be immediately paid into the
 8    Build  Illinois  Fund  from  other  moneys  received  by  the
 9    Department pursuant to the Tax Acts;  the  "Annual  Specified
10    Amount"  means  the  amounts specified below for fiscal years
11    1986 through 1993:
12             Fiscal Year              Annual Specified Amount
13                 1986                       $54,800,000
14                 1987                       $76,650,000
15                 1988                       $80,480,000
16                 1989                       $88,510,000
17                 1990                       $115,330,000
18                 1991                       $145,470,000
19                 1992                       $182,730,000
20                 1993                      $206,520,000;
21    and means the Certified Annual Debt Service  Requirement  (as
22    defined  in Section 13 of the Build Illinois Bond Act) or the
23    Tax Act Amount, whichever is greater, for  fiscal  year  1994
24    and  each  fiscal year thereafter; and further provided, that
25    if on the last business day of any month the sum of  (1)  the
26    Tax  Act  Amount  required  to  be  deposited  into the Build
27    Illinois Bond Account in the Build Illinois Fund during  such
28    month  and  (2)  the amount transferred to the Build Illinois
29    Fund from the State and Local Sales  Tax  Reform  Fund  shall
30    have  been  less than 1/12 of the Annual Specified Amount, an
31    amount equal to the difference shall be immediately paid into
32    the Build Illinois Fund from other  moneys  received  by  the
33    Department  pursuant  to the Tax Acts; and, further provided,
34    that in no  event  shall  the  payments  required  under  the
 
HB0263 Enrolled            -61-                LRB9203561MWpk
 1    preceding proviso result in aggregate payments into the Build
 2    Illinois Fund pursuant to this clause (b) for any fiscal year
 3    in  excess  of  the greater of (i) the Tax Act Amount or (ii)
 4    the Annual  Specified  Amount  for  such  fiscal  year.   The
 5    amounts payable into the Build Illinois Fund under clause (b)
 6    of the first sentence in this paragraph shall be payable only
 7    until such time as the aggregate amount on deposit under each
 8    trust   indenture   securing  Bonds  issued  and  outstanding
 9    pursuant to the Build Illinois Bond Act is sufficient, taking
10    into account any future investment income, to fully  provide,
11    in  accordance  with such indenture, for the defeasance of or
12    the payment  of  the  principal  of,  premium,  if  any,  and
13    interest  on  the  Bonds secured by such indenture and on any
14    Bonds expected to be issued thereafter and all fees and costs
15    payable  with  respect  thereto,  all  as  certified  by  the
16    Director of the  Bureau  of  the  Budget.   If  on  the  last
17    business  day  of  any  month  in which Bonds are outstanding
18    pursuant to the Build Illinois Bond  Act,  the  aggregate  of
19    moneys  deposited  in  the Build Illinois Bond Account in the
20    Build Illinois Fund in such month  shall  be  less  than  the
21    amount  required  to  be  transferred  in such month from the
22    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
23    Retirement  and  Interest  Fund pursuant to Section 13 of the
24    Build Illinois Bond Act, an amount equal to  such  deficiency
25    shall  be  immediately paid from other moneys received by the
26    Department pursuant to the Tax Acts  to  the  Build  Illinois
27    Fund;  provided,  however, that any amounts paid to the Build
28    Illinois Fund in any fiscal year pursuant  to  this  sentence
29    shall be deemed to constitute payments pursuant to clause (b)
30    of  the first sentence of this paragraph and shall reduce the
31    amount otherwise payable for such  fiscal  year  pursuant  to
32    that  clause  (b).   The  moneys  received  by the Department
33    pursuant to this Act and required to be  deposited  into  the
34    Build  Illinois  Fund  are  subject  to the pledge, claim and
 
HB0263 Enrolled            -62-                LRB9203561MWpk
 1    charge set forth in Section 12 of  the  Build  Illinois  Bond
 2    Act.
 3        Subject  to  payment  of  amounts into the Build Illinois
 4    Fund as  provided  in  the  preceding  paragraph  or  in  any
 5    amendment  thereto hereafter enacted, the following specified
 6    monthly  installment  of  the   amount   requested   in   the
 7    certificate  of  the  Chairman  of  the Metropolitan Pier and
 8    Exposition Authority provided  under  Section  8.25f  of  the
 9    State  Finance  Act,  but not in excess of sums designated as
10    "Total Deposit", shall be deposited  in  the  aggregate  from
11    collections  under Section 9 of the Use Tax Act, Section 9 of
12    the Service Use Tax Act, Section 9 of the Service  Occupation
13    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
14    into the  McCormick  Place  Expansion  Project  Fund  in  the
15    specified fiscal years.
16               Fiscal Year                           Total Deposit
17                   1993                                        $0
18                   1994                                53,000,000
19                   1995                                58,000,000
20                   1996                                61,000,000
21                   1997                                64,000,000
22                   1998                                68,000,000
23                   1999                                71,000,000
24                   2000                                75,000,000
25                   2001                                80,000,000
26                   2002                  93,000,000    84,000,000
27                   2003                  99,000,000    89,000,000
28                   2004                 103,000,000    93,000,000
29                   2005                 108,000,000    97,000,000
30                   2006                 113,000,000   102,000,000
31                   2007                 119,000,000   108,000,000
32                   2008                 126,000,000   115,000,000
33                   2009                 132,000,000   120,000,000
34                   2010                 139,000,000   126,000,000
 
HB0263 Enrolled            -63-                LRB9203561MWpk
 1                   2011                 146,000,000   132,000,000
 2                   2012                 153,000,000   138,000,000
 3                   2013                               161,000,000
 4                   2014                               170,000,000
 5                   2015                               179,000,000
 6                   2016                               189,000,000
 7                   2017                               199,000,000
 8                   2018                               210,000,000
 9                   2019                               221,000,000
10                   2020                               233,000,000
11                   2021                               246,000,000
12                   2022                               260,000,000
13                 2023 and                             275,000,000
14                                                      145,000,000
15    each fiscal year
16    thereafter that bonds
17    are outstanding under
18    Section 13.2 of the
19    Metropolitan Pier and
20    Exposition Authority
21    Act, but not after fiscal year 2042 2029.
22        Beginning  July 20, 1993 and in each month of each fiscal
23    year thereafter, one-eighth of the amount  requested  in  the
24    certificate  of  the  Chairman  of  the Metropolitan Pier and
25    Exposition Authority for that fiscal year,  less  the  amount
26    deposited  into the McCormick Place Expansion Project Fund by
27    the State Treasurer in the respective month under  subsection
28    (g)  of  Section  13  of the Metropolitan Pier and Exposition
29    Authority Act, plus cumulative deficiencies in  the  deposits
30    required  under  this  Section for previous months and years,
31    shall be deposited into the McCormick Place Expansion Project
32    Fund, until the full amount requested for  the  fiscal  year,
33    but  not  in  excess  of the amount specified above as "Total
34    Deposit", has been deposited.
 
HB0263 Enrolled            -64-                LRB9203561MWpk
 1        Subject to payment of amounts  into  the  Build  Illinois
 2    Fund  and the McCormick Place Expansion Project Fund pursuant
 3    to the preceding  paragraphs  or  in  any  amendment  thereto
 4    hereafter  enacted,  each month the Department shall pay into
 5    the Local  Government  Distributive  Fund  0.4%  of  the  net
 6    revenue  realized for the preceding month from the 5% general
 7    rate or 0.4% of 80% of  the  net  revenue  realized  for  the
 8    preceding  month from the 6.25% general rate, as the case may
 9    be, on the selling price of tangible personal property  which
10    amount  shall,  subject  to  appropriation, be distributed as
11    provided in Section 2 of the State Revenue Sharing  Act.   No
12    payments or distributions pursuant to this paragraph shall be
13    made  if  the  tax  imposed  by  this  Act on photoprocessing
14    products is declared unconstitutional,  or  if  the  proceeds
15    from  such  tax  are  unavailable for distribution because of
16    litigation.
17        Subject to payment of amounts  into  the  Build  Illinois
18    Fund and, the McCormick Place Expansion Project Fund pursuant
19    to  the  preceding  paragraphs  or  in any amendments thereto
20    hereafter enacted, beginning July  1,  1993,  the  Department
21    shall  each  month  pay  into the Illinois Tax Increment Fund
22    0.27% of 80% of the net revenue realized  for  the  preceding
23    month  from  the  6.25%  general rate on the selling price of
24    tangible personal property.
25        Of the remainder of the moneys received by the Department
26    pursuant to this Act, 75% thereof  shall  be  paid  into  the
27    State Treasury and 25% shall be reserved in a special account
28    and  used  only for the transfer to the Common School Fund as
29    part of the monthly transfer from the General Revenue Fund in
30    accordance with Section 8a of the State Finance Act.
31        The Department may, upon separate  written  notice  to  a
32    taxpayer,  require  the taxpayer to prepare and file with the
33    Department on a form prescribed by the Department within  not
34    less  than  60  days  after  receipt  of the notice an annual
 
HB0263 Enrolled            -65-                LRB9203561MWpk
 1    information return for the tax year specified in the  notice.
 2    Such   annual  return  to  the  Department  shall  include  a
 3    statement of gross receipts as shown by the  retailer's  last
 4    Federal  income  tax  return.   If  the total receipts of the
 5    business as reported in the Federal income tax return do  not
 6    agree  with  the gross receipts reported to the Department of
 7    Revenue for the same period, the retailer shall attach to his
 8    annual return a schedule showing a reconciliation  of  the  2
 9    amounts  and  the reasons for the difference.  The retailer's
10    annual return to the Department shall also disclose the  cost
11    of goods sold by the retailer during the year covered by such
12    return,  opening  and  closing  inventories of such goods for
13    such year, costs of goods used from stock or taken from stock
14    and given away by the  retailer  during  such  year,  payroll
15    information  of  the retailer's business during such year and
16    any additional reasonable information  which  the  Department
17    deems  would  be  helpful  in determining the accuracy of the
18    monthly, quarterly or annual returns filed by  such  retailer
19    as provided for in this Section.
20        If the annual information return required by this Section
21    is  not  filed  when  and  as required, the taxpayer shall be
22    liable as follows:
23             (i)  Until January 1, 1994, the  taxpayer  shall  be
24        liable  for  a  penalty equal to 1/6 of 1% of the tax due
25        from such taxpayer under this Act during the period to be
26        covered by the annual return for each month  or  fraction
27        of  a  month  until such return is filed as required, the
28        penalty to be assessed and collected in the  same  manner
29        as any other penalty provided for in this Act.
30             (ii)  On  and  after  January  1, 1994, the taxpayer
31        shall be liable for a penalty as described in Section 3-4
32        of the Uniform Penalty and Interest Act.
33        The chief executive officer, proprietor, owner or highest
34    ranking manager shall sign the annual return to  certify  the
 
HB0263 Enrolled            -66-                LRB9203561MWpk
 1    accuracy  of  the information contained therein.   Any person
 2    who willfully signs the annual  return  containing  false  or
 3    inaccurate   information  shall  be  guilty  of  perjury  and
 4    punished accordingly.  The annual return form  prescribed  by
 5    the  Department  shall  include  a  warning  that  the person
 6    signing the return may be liable for perjury.
 7        The provisions of this Section concerning the  filing  of
 8    an  annual  information return do not apply to a retailer who
 9    is not required to file an income tax return with the  United
10    States Government.
11        As  soon  as  possible after the first day of each month,
12    upon  certification  of  the  Department  of   Revenue,   the
13    Comptroller  shall  order transferred and the Treasurer shall
14    transfer from the General Revenue Fund to the Motor Fuel  Tax
15    Fund  an  amount  equal  to  1.7%  of  80% of the net revenue
16    realized under this  Act  for  the  second  preceding  month.
17    Beginning  April 1, 2000, this transfer is no longer required
18    and shall not be made.
19        Net revenue realized for a month  shall  be  the  revenue
20    collected  by the State pursuant to this Act, less the amount
21    paid out during  that  month  as  refunds  to  taxpayers  for
22    overpayment of liability.
23        For  greater simplicity of administration, manufacturers,
24    importers and wholesalers whose products are sold  at  retail
25    in Illinois by numerous retailers, and who wish to do so, may
26    assume  the  responsibility  for accounting and paying to the
27    Department all tax accruing under this Act  with  respect  to
28    such  sales,  if  the  retailers who are affected do not make
29    written objection to the Department to this arrangement.
30        Any  person  who  promotes,  organizes,  provides  retail
31    selling space for concessionaires or other types  of  sellers
32    at the Illinois State Fair, DuQuoin State Fair, county fairs,
33    local  fairs, art shows, flea markets and similar exhibitions
34    or events, including any transient  merchant  as  defined  by
 
HB0263 Enrolled            -67-                LRB9203561MWpk
 1    Section  2 of the Transient Merchant Act of 1987, is required
 2    to file a report with the Department providing  the  name  of
 3    the  merchant's  business,  the name of the person or persons
 4    engaged in merchant's business,  the  permanent  address  and
 5    Illinois  Retailers Occupation Tax Registration Number of the
 6    merchant, the dates and  location  of  the  event  and  other
 7    reasonable  information that the Department may require.  The
 8    report must be filed not later than the 20th day of the month
 9    next following the month during which the event  with  retail
10    sales  was  held.   Any  person  who  fails  to file a report
11    required by this Section commits a business  offense  and  is
12    subject to a fine not to exceed $250.
13        Any  person  engaged  in the business of selling tangible
14    personal property at retail as a concessionaire or other type
15    of seller at the  Illinois  State  Fair,  county  fairs,  art
16    shows, flea markets and similar exhibitions or events, or any
17    transient merchants, as defined by Section 2 of the Transient
18    Merchant  Act of 1987, may be required to make a daily report
19    of the amount of such sales to the Department and to  make  a
20    daily  payment of the full amount of tax due.  The Department
21    shall impose this requirement when it finds that there  is  a
22    significant  risk  of loss of revenue to the State at such an
23    exhibition or event.   Such  a  finding  shall  be  based  on
24    evidence  that  a  substantial  number  of concessionaires or
25    other sellers who are  not  residents  of  Illinois  will  be
26    engaging   in  the  business  of  selling  tangible  personal
27    property at retail at  the  exhibition  or  event,  or  other
28    evidence  of  a  significant  risk  of loss of revenue to the
29    State.  The Department shall notify concessionaires and other
30    sellers affected by the imposition of this  requirement.   In
31    the   absence   of   notification   by  the  Department,  the
32    concessionaires and other sellers shall file their returns as
33    otherwise required in this Section.
34    (Source: P.A.  90-491,  eff.  1-1-99;  90-612,  eff.  7-8-98;
 
HB0263 Enrolled            -68-                LRB9203561MWpk
 1    91-37,  eff.  7-1-99;  91-51,  eff.  6-30-99;  91-101,   eff.
 2    7-12-99;  91-541,  eff. 8-13-99; 91-872, eff. 7-1-00; 91-901,
 3    eff. 1-1-01; revised.)

 4        Section 35.  The Cigarette Tax Act is amended by changing
 5    Section 29 as follows:

 6        (35 ILCS 130/29) (from Ch. 120, par. 453.29)
 7        Sec. 29. All moneys received by the Department  from  the
 8    one-half   mill  tax  imposed  by  the  Sixty-fourth  General
 9    Assembly  and  all  interest  and  penalties,   received   in
10    connection  therewith  under the provisions of this Act shall
11    be paid into the Metropolitan Fair and  Exposition  Authority
12    Reconstruction   Fund.  All  other  moneys  received  by  the
13    Department under this Act shall  be  paid  into  the  General
14    Revenue Fund in the State treasury. After there has been paid
15    into   the   Metropolitan   Fair   and  Exposition  Authority
16    Reconstruction Fund sufficient money  to  pay  in  full  both
17    principal  and  interest, all of the outstanding bonds issued
18    pursuant to the "Fair and Exposition Authority Reconstruction
19    Act", the State Treasurer and Comptroller shall  transfer  to
20    the  General  Revenue Fund the balance of moneys remaining in
21    the Metropolitan Fair and Exposition Authority Reconstruction
22    Fund  except  for  $2,500,000  which  shall  remain  in   the
23    Metropolitan  Fair  and  Exposition  Authority Reconstruction
24    Fund and which may be appropriated by  the  General  Assembly
25    for  the  corporate  purposes  of  the  Metropolitan Pier and
26    Exposition Authority. All monies received by  the  Department
27    in fiscal year 1978 and thereafter from the one-half mill tax
28    imposed   by  the  Sixty-fourth  General  Assembly,  and  all
29    interest and penalties received in connection therewith under
30    the provisions of this Act, shall be paid  into  the  General
31    Revenue  Fund, except that the Department shall pay the first
32    $4,800,000 received in fiscal years year  1979  through  2001
 
HB0263 Enrolled            -69-                LRB9203561MWpk
 1    and  each  fiscal year thereafter from that one-half mill tax
 2    into  the  Metropolitan   Fair   and   Exposition   Authority
 3    Reconstruction  Fund  which monies may be appropriated by the
 4    General  Assembly  for  the   corporate   purposes   of   the
 5    Metropolitan Pier and Exposition Authority.
 6        In  fiscal year 2002 and each fiscal year thereafter, the
 7    first $4,800,000 from the one-half mill  tax  shall  be  paid
 8    into the Statewide Economic Development Fund.
 9    (Source: P.A. 87-895.)

10        Section   40.    The  Metropolitan  Pier  and  Exposition
11    Authority Act is amended by changing Sections  5,  10,  13.2,
12    and 23.1 as follows:

13        (70 ILCS 210/5) (from Ch. 85, par. 1225)
14        Sec.  5.  The  Metropolitan Pier and Exposition Authority
15    shall also have the following rights and powers:
16             (a)  To   accept   from   Chicago   Park   Fair,   a
17        corporation, an assignment of whatever sums of  money  it
18        may  have  received  from  the  Fair and Exposition Fund,
19        allocated by the Department of Agriculture of  the  State
20        of  Illinois,  and Chicago Park Fair is hereby authorized
21        to assign, set over and transfer any of  those  funds  to
22        the  Metropolitan  Pier  and  Exposition  Authority.  The
23        Authority  has  the  right and power hereafter to receive
24        sums as may be distributed to it  by  the  Department  of
25        Agriculture  of  the  State of Illinois from the Fair and
26        Exposition Fund pursuant to the provisions of Sections 5,
27        6i, and 28 of the State Finance Act.  All  sums  received
28        by the Authority shall be held in the sole custody of the
29        secretary-treasurer   of   the   Metropolitan   Pier  and
30        Exposition Board.
31             (b)  To accept the assignment of, assume and execute
32        any contracts heretofore entered  into  by  Chicago  Park
 
HB0263 Enrolled            -70-                LRB9203561MWpk
 1        Fair.
 2             (c)  To   acquire,  own,  construct,  equip,  lease,
 3        operate and maintain grounds, buildings and facilities to
 4        carry out its corporate purposes and duties, and to carry
 5        out or otherwise provide for the recreational,  cultural,
 6        commercial  or  residential development of Navy Pier, and
 7        to fix and collect just, reasonable and nondiscriminatory
 8        charges for the use thereof.  The  charges  so  collected
 9        shall be made available to defray the reasonable expenses
10        of  the  Authority  and  to  pay the principal of and the
11        interest upon any revenue bonds issued by the  Authority.
12        The  Authority  shall  be  subject to and comply with the
13        Lake Michigan and Chicago Lakefront Protection Ordinance,
14        the Chicago Building Code, the Chicago Zoning  Ordinance,
15        and all ordinances and regulations of the City of Chicago
16        contained  in  the following Titles of the Municipal Code
17        of  Chicago:    Businesses,  Occupations   and   Consumer
18        Protection;  Health  and  Safety; Fire Prevention; Public
19        Peace, Morals and Welfare;  Utilities  and  Environmental
20        Protection;  Streets,  Public  Ways,  Parks, Airports and
21        Harbors; Electrical Equipment and  Installation;  Housing
22        and  Economic Development (only Chapter 5-4 thereof); and
23        Revenue and Finance (only so far as such  Title  pertains
24        to the Authority's duty to collect taxes on behalf of the
25        City of Chicago).
26             (d)  To  enter into contracts treating in any manner
27        with the objects and purposes of this Act.
28             (e)  To lease any buildings to the Adjutant  General
29        of  the  State  of  Illinois  for the use of the Illinois
30        National Guard or the Illinois Naval Militia.
31             (f)  To exercise the  right  of  eminent  domain  by
32        condemnation   proceedings  in  the  manner  provided  by
33        Article VII of the Code of  Civil  Procedure,  including,
34        with  respect  to  Site B only, the authority to exercise
 
HB0263 Enrolled            -71-                LRB9203561MWpk
 1        quick take condemnation by  immediate  vesting  of  title
 2        under  Sections  7-103 through 7-112 of the Code of Civil
 3        Procedure,  to  acquire  any  privately  owned  real   or
 4        personal  property  and,  with  respect  to  Site B only,
 5        public property used  for  rail  transportation  purposes
 6        (but no such taking of such public property shall, in the
 7        reasonable  judgment  of  the  owner, interfere with such
 8        rail transportation)  for  the  lawful  purposes  of  the
 9        Authority  in  Site A, at Navy Pier, and at Site B.  Just
10        compensation for property taken or  acquired  under  this
11        paragraph  shall be paid in money or, notwithstanding any
12        other provision of this Act and with the agreement of the
13        owner of the  property  to  be  taken  or  acquired,  the
14        Authority  may convey substitute property or interests in
15        property or  enter  into  agreements  with  the  property
16        owner,  including  leases, licenses, or concessions, with
17        respect to any property owned by the  Authority,  or  may
18        provide  for  other  lawful forms of just compensation to
19        the  owner.  Any  property   acquired   in   condemnation
20        proceedings  shall  be used only as provided in this Act.
21        Except as otherwise provided by law, the City of  Chicago
22        shall  have a right of first refusal prior to any sale of
23        any such property by the Authority to a third party other
24        than substitute property. The Authority shall develop and
25        implement a relocation plan for businesses displaced as a
26        result of the Authority's acquisition  of  property.  The
27        relocation   plan   shall  be  substantially  similar  to
28        provisions of the Uniform Relocation Assistance and  Real
29        Property  Acquisition  Act  and  regulations  promulgated
30        under  that  Act  relating  to  assistance  to  displaced
31        businesses.   To   implement   the  relocation  plan  the
32        Authority may acquire property by purchase or gift or may
33        exercise the powers authorized in  this  subsection  (f),
34        except  the  immediate  vesting  of  title under Sections
 
HB0263 Enrolled            -72-                LRB9203561MWpk
 1        7-103 through 7-112 of the Code of  Civil  Procedure,  to
 2        acquire  substitute  private  property within one mile of
 3        Site B for the benefit of displaced businesses located on
 4        property being acquired by the  Authority.   However,  no
 5        such substitute property may be acquired by the Authority
 6        unless  the  mayor  of  the  municipality  in  which  the
 7        property   is  located  certifies  in  writing  that  the
 8        acquisition is consistent with  the  municipality's  land
 9        use  and  economic  development  policies  and goals. The
10        acquisition of substitute property is declared to be  for
11        public  use.  In exercising the powers authorized in this
12        subsection (f), the Authority shall use its best  efforts
13        to relocate businesses within the area of McCormick Place
14        or, failing that, within the City of Chicago.
15             (g)  To    enter    into   contracts   relating   to
16        construction projects which provide for the  delivery  by
17        the   contractor   of  a  completed  project,  structure,
18        improvement, or specific portion  thereof,  for  a  fixed
19        maximum  price,  which  contract  may  provide  that  the
20        delivery  of  the  project,  structure,  improvement,  or
21        specific  portion thereof, for the fixed maximum price is
22        insured  or  guaranteed  by  a  third  party  capable  of
23        completing the construction.
24             (h)  To enter into agreements with any  person  with
25        respect   to  the  use  and  occupancy  of  the  grounds,
26        buildings, and facilities  of  the  Authority,  including
27        concession,  license,  and  lease agreements on terms and
28        conditions as the Authority  determines.  Notwithstanding
29        Section  24,  agreements  with  respect  to  the  use and
30        occupancy of the grounds, buildings,  and  facilities  of
31        the  Authority  for a term of more than one year shall be
32        entered into in accordance with the  procurement  process
33        provided for in Section 25.1.
34             (i)  To  enter  into agreements with any person with
 
HB0263 Enrolled            -73-                LRB9203561MWpk
 1        respect to the operation and management of  the  grounds,
 2        buildings,   and  facilities  of  the  Authority  or  the
 3        provision of goods and services on terms  and  conditions
 4        as the Authority determines.
 5             (j)  After   conducting   the   procurement  process
 6        provided for in Section 25.1, to enter into one  or  more
 7        contracts  to  provide for the design and construction of
 8        all or part of the Authority's Expansion Project grounds,
 9        buildings, and facilities.  Any contract for  design  and
10        construction  of  the  Expansion  Project shall be in the
11        form authorized by subsection (g), shall be for  a  fixed
12        maximum  price  not  in  excess  of  the  funds  that are
13        authorized to be made available under the  provisions  of
14        this amendatory Act of 1991 for those purposes during the
15        term  of  the  contract, and shall be entered into before
16        commencement of construction.
17             (k)  To enter  into  agreements,  including  project
18        agreements  with  labor  unions, that the Authority deems
19        necessary to complete the Expansion Project or any  other
20        construction  or  improvement  project in the most timely
21        and efficient manner and without strikes,  picketing,  or
22        other  actions  that  might cause disruption or delay and
23        thereby add to the cost of the project.
24          Nothing in this Act shall be construed to authorize the
25    Authority to spend the proceeds of any bonds or notes  issued
26    under  Section  13.2  or any taxes levied under Section 13 to
27    construct a stadium to be leased to or used  by  professional
28    sports teams.
29    (Source: P.A. 91-101, eff. 7-12-99; 91-357, eff. 7-29-99.)

30        (70 ILCS 210/10) (from Ch. 85, par. 1230)
31        Sec.  10.   The Authority shall have the continuing power
32    to  borrow  money  for  the  purpose  of  carrying  out   and
33    performing  its  duties  and exercising its powers under this
 
HB0263 Enrolled            -74-                LRB9203561MWpk
 1    Act.
 2        For the purpose  of  evidencing  the  obligation  of  the
 3    Authority  to  repay  any  money  borrowed  as aforesaid, the
 4    Authority may, pursuant to ordinance adopted  by  the  Board,
 5    from  time to time issue and dispose of its revenue bonds and
 6    notes (herein collectively referred to  as  bonds),  and  may
 7    also from time to time issue and dispose of its revenue bonds
 8    to  refund  any  bonds  at maturity or pursuant to redemption
 9    provisions or at any time before maturity as provided for  in
10    Section 10.1. All such bonds shall be payable solely from any
11    one  or more of the following sources: the revenues or income
12    to be derived from  the  fairs,  expositions,  meetings,  and
13    conventions and other authorized activities of the Authority;
14    funds,  if  any, received and to be received by the Authority
15    from the Fair  and  Exposition  Fund,  as  allocated  by  the
16    Department   of   Agriculture   of   this   State;  from  the
17    Metropolitan Fair  and  Exposition  Authority  Reconstruction
18    Fund;  from  the  Metropolitan  Fair and Exposition Authority
19    Improvement  Bond  Fund  pursuant  to  appropriation  by  the
20    General Assembly; from the McCormick Place Expansion  Project
21    Fund  pursuant to appropriation by the General Assembly; from
22    any revenues or funds pledged or provided for  such  purposes
23    by   any  governmental  agency;  from  any  revenues  of  the
24    Authority from taxes it is authorized  to  impose;  from  the
25    proceeds  of refunding bonds issued for that purpose; or from
26    any other lawful source derived. Such  bonds  may  bear  such
27    date or dates, may mature at such time or times not exceeding
28    40 35 years from their respective dates, may bear interest at
29    such  rate  or  rates  payable  at such times, may be in such
30    form, may carry such registration privileges, may be executed
31    in such manner, may be payable at such place or  places,  may
32    be  made  subject  to redemption in such manner and upon such
33    terms, with or without premium  as  is  stated  on  the  face
34    thereof,  may be executed in such manner and may contain such
 
HB0263 Enrolled            -75-                LRB9203561MWpk
 1    terms and covenants, all as may be provided in the  ordinance
 2    adopted  by  the  Board providing for such bonds. In case any
 3    officer whose signature appears on  any  bond  ceases  (after
 4    attaching  his signature) to hold office, his signature shall
 5    nevertheless be valid and effective  for  all  purposes.  The
 6    holder   or   holders   of  any  bonds  or  interest  coupons
 7    appertaining thereto issued by the Authority or  any  trustee
 8    on  behalf  of  the holders may bring civil actions to compel
 9    the performance and observance by the Authority or any of its
10    officers, agents or employees of  any  contract  or  covenant
11    made  by  the  Authority  with  the  holders of such bonds or
12    interest coupons and to compel the Authority and any  of  its
13    officers,  agents or employees to perform any duties required
14    to be performed for the benefit of the holders  of  any  such
15    bonds  or interest coupons by the provisions of the ordinance
16    authorizing their issuance and to enjoin  the  Authority  and
17    any  of  its  officers,  agents  or employees from taking any
18    action in conflict with any such contract or covenant.
19        Notwithstanding the form and tenor of any such bonds  and
20    in  the  absence  of  any express recital on the face thereof
21    that it is non-negotiable, all such bonds shall be negotiable
22    instruments under the Uniform Commercial Code.
23        The bonds shall be sold by the corporate  authorities  of
24    the  Authority  in  such  manner as the corporate authorities
25    shall determine.
26        From and after  the  issuance  of  any  bonds  as  herein
27    provided it shall be the duty of the corporate authorities of
28    the  Authority to fix and establish rates, charges, rents and
29    fees for the use of its grounds,  buildings,  and  facilities
30    that  will  be  sufficient  at all times, together with other
31    revenues of the Authority available for that purpose, to pay:
32             (a)  The cost of maintaining, repairing,  regulating
33        and operating the grounds, buildings, and facilities; and
34             (b)  The  bonds  and  interest thereon as they shall
 
HB0263 Enrolled            -76-                LRB9203561MWpk
 1        become due, and all sinking fund requirements  and  other
 2        requirements  provided  by  the ordinance authorizing the
 3        issuance of  the  bonds  or  as  provided  by  any  trust
 4        agreement executed to secure payment thereof.
 5        The  Authority  may  provide that bonds issued under this
 6    Act shall be payable from and secured by  an  assignment  and
 7    pledge  of  and grant of a lien on and a security interest in
 8    unexpended bond  proceeds,  the  proceeds  of  any  refunding
 9    bonds, reserves or sinking funds and earnings thereon, or all
10    or  any part of the moneys, funds, income and revenues of the
11    Authority  from  any  source  derived,   including,   without
12    limitation,  any  revenues  of the Authority from taxes it is
13    authorized to impose, the net revenues of the Authority  from
14    its  operations,  payments  from  the  Metropolitan  Fair and
15    Exposition  Authority  Improvement  Bond  Fund  or  from  the
16    McCormick Place Expansion Project Fund to  the  Authority  or
17    upon its direction to any trustee or trustees under any trust
18    agreement securing such bonds, payments from any governmental
19    agency,  or  any  combination  of  the foregoing. In no event
20    shall  a  lien  or  security  interest  upon   the   physical
21    facilities  of  the  Authority  be  created by any such lien,
22    pledge or security interest.  The Authority may  execute  and
23    deliver a trust agreement or agreements to secure the payment
24    of  such bonds and for the purpose of setting forth covenants
25    and undertakings of the Authority in connection with issuance
26    thereof. Such pledge, assignment and  grant  of  a  lien  and
27    security  interest shall be effective immediately without any
28    further filing or action and shall be effective with  respect
29    to  all  persons  regardless of whether any such person shall
30    have notice of such  pledge,  assignment,  lien  or  security
31    interest.
32        In  connection  with  the  issuance  of  its  bonds,  the
33    Authority  may  enter into arrangements to provide additional
34    security and liquidity for  the  bonds.  These  may  include,
 
HB0263 Enrolled            -77-                LRB9203561MWpk
 1    without  limitation,  municipal  bond  insurance,  letters of
 2    credit, lines of credit by which  the  Authority  may  borrow
 3    funds  to pay or redeem its bonds and purchase or remarketing
 4    arrangements for  assuring  the  ability  of  owners  of  the
 5    Authority's  bonds  to  sell or to have redeemed their bonds.
 6    The Authority may enter into contracts and may agree  to  pay
 7    fees  to  persons providing such arrangements, including from
 8    bond proceeds.  No such  arrangement  or  contract  shall  be
 9    considered  a  bond or note for purposes of any limitation on
10    the issuance of bonds or notes by the Authority.
11        The ordinance of the Board authorizing  the  issuance  of
12    its  bonds may provide that interest rates may vary from time
13    to time depending upon criteria  established  by  the  Board,
14    which   may  include,  without  limitation,  a  variation  in
15    interest rates as may be  necessary  to  cause  bonds  to  be
16    remarketable  from  time  to  time  at a price equal to their
17    principal amount,  and  may  provide  for  appointment  of  a
18    national banking association, bank, trust company, investment
19    banker   or   other  financial  institution  to  serve  as  a
20    remarketing agent in that connection. The  ordinance  of  the
21    board  authorizing the issuance of its bonds may provide that
22    alternative interest rates or provisions  will  apply  during
23    such  times  as  the  bonds  are held by a person providing a
24    letter of credit or other credit enhancement arrangement  for
25    those bonds.
26        To secure the payment of any or all of such bonds and for
27    the  purpose  of setting forth the covenants and undertakings
28    of the Authority in connection with the issuance thereof  and
29    the  issuance  of  any  additional bonds payable from moneys,
30    funds, revenue and income of the Authority to be derived from
31    any source, the Authority may execute  and  deliver  a  trust
32    agreement  or agreements; provided that no lien upon any real
33    property of the Authority shall be created thereby.
34        A remedy for any breach or default of the  terms  of  any
 
HB0263 Enrolled            -78-                LRB9203561MWpk
 1    such  trust  agreement  by  the  Authority may be by mandamus
 2    proceedings in the circuit court to  compel  performance  and
 3    compliance  therewith,  but the trust agreement may prescribe
 4    by whom or on whose behalf such action may be instituted.
 5        In connection with the issuance of its bonds  under  this
 6    Act,   the   Authority  may  enter  into  contracts  that  it
 7    determines necessary or appropriate to permit  it  to  manage
 8    payment  or interest rate risk.  These contracts may include,
 9    but are not limited to, interest  rate  exchange  agreements;
10    contracts  providing for payment or receipt of funds based on
11    levels of or changes in interest rates; contracts to exchange
12    cash flows or series of payments; and contracts incorporating
13    interest rate caps, collars, floors, or locks.
14    (Source: P.A. 87-733.)

15        (70 ILCS 210/13.2) (from Ch. 85, par. 1233.2)
16        Sec. 13.2.  The McCormick Place Expansion Project Fund is
17    created in the State Treasury.  All moneys in  the  McCormick
18    Place  Expansion  Project  Fund are allocated to and shall be
19    appropriated and used only for the purposes authorized by and
20    subject to the limitations and conditions  of  this  Section.
21    Those amounts may be appropriated by law to the Authority for
22    the  purposes  of paying the debt service requirements on all
23    bonds and notes, including bonds and notes issued  to  refund
24    or  advance  refund bonds and notes issued under this Section
25    or issued  to  refund  or  advance  refund  bonds  and  notes
26    otherwise issued under this Act, (collectively referred to as
27    "bonds")  to be issued by the Authority under this Section in
28    an aggregate original principal amount (excluding the  amount
29    of  any  bonds  and  notes issued to refund or advance refund
30    bonds or notes issued  under  this  Section)  not  to  exceed
31    $2,107,000,000  $1,307,000,000  for  the purposes of carrying
32    out and performing its duties and exercising its powers under
33    this Act. No bonds issued to refund or advance  refund  bonds
 
HB0263 Enrolled            -79-                LRB9203561MWpk
 1    issued  under  this Section may mature later than the longest
 2    maturity date of the series of bonds being  refunded.   After
 3    the  aggregate  original principal amount of bonds authorized
 4    in this Section has been issued, the payment of any principal
 5    amount of such bonds  does  not  authorize  the  issuance  of
 6    additional bonds (except refunding bonds).
 7        On  the  first day of each month commencing after July 1,
 8    1993, amounts, if any, on  deposit  in  the  McCormick  Place
 9    Expansion  Project  Fund  shall, subject to appropriation, be
10    paid in full to the Authority or, upon its direction, to  the
11    trustee  or  trustees  for bondholders of bonds that by their
12    terms are payable from the moneys received from the McCormick
13    Place Expansion Project Fund, until an amount equal  to  100%
14    of  the aggregate amount of the principal and interest in the
15    fiscal  year,  including  that  pursuant  to   sinking   fund
16    requirements,  has  been so paid and deficiencies in reserves
17    shall have been remedied.
18        The State of Illinois pledges  to  and  agrees  with  the
19    holders  of the bonds of the Metropolitan Pier and Exposition
20    Authority issued under this Section that the State  will  not
21    limit  or alter the rights and powers vested in the Authority
22    by this Act so as to impair the terms of any contract made by
23    the Authority with those holders or in  any  way  impair  the
24    rights  and  remedies  of  those  holders  until  the  bonds,
25    together  with  interest  thereon,  interest  on  any  unpaid
26    installments  of  interest,  and  all  costs  and expenses in
27    connection with any action or proceedings by or on behalf  of
28    those holders are fully met and discharged; provided that any
29    increase in the Tax Act Amounts specified in Section 3 of the
30    Retailers'  Occupation Tax Act, Section 9 of the Use Tax Act,
31    Section 9 of the Service Use Tax Act, and Section  9  of  the
32    Service  Occupation Tax Act required to be deposited into the
33    Build Illinois  Bond  Account  in  the  Build  Illinois  Fund
34    pursuant  to any law hereafter enacted shall not be deemed to
 
HB0263 Enrolled            -80-                LRB9203561MWpk
 1    impair the rights of such holders so  long  as  the  increase
 2    does  not result in the aggregate debt service payable in the
 3    current or any future fiscal year of the State on  all  bonds
 4    issued  pursuant  to  the  Build  Illinois  Bond  Act and the
 5    Metropolitan Pier and Exposition Authority  Act  and  payable
 6    from  tax  revenues  specified in Section 3 of the Retailers'
 7    Occupation Tax Act, Section 9 of the Use Tax Act,  Section  9
 8    of  the  Service  Use  Tax  Act, and Section 9 of the Service
 9    Occupation Tax Act exceeding 33 1/3% of such tax revenues for
10    the most recently completed fiscal year of the State  at  the
11    time  of such increase. In addition, the State pledges to and
12    agrees with the holders of the bonds of the Authority  issued
13    under this Section that the State will not limit or alter the
14    basis on which State funds are to be paid to the Authority as
15    provided  in  this  Act  or  the  use of those funds so as to
16    impair the terms of any  such  contract;  provided  that  any
17    increase in the Tax Act Amounts specified in Section 3 of the
18    Retailers'  Occupation Tax Act, Section 9 of the Use Tax Act,
19    Section 9 of the Service Use Tax Act, and Section  9  of  the
20    Service  Occupation Tax Act required to be deposited into the
21    Build Illinois  Bond  Account  in  the  Build  Illinois  Fund
22    pursuant  to any law hereafter enacted shall not be deemed to
23    impair the terms of any such contract so long as the increase
24    does not result in the aggregate debt service payable in  the
25    current  or  any future fiscal year of the State on all bonds
26    issued pursuant to  the  Build  Illinois  Bond  Act  and  the
27    Metropolitan  Pier  and  Exposition Authority Act and payable
28    from tax revenues specified in Section 3  of  the  Retailers'
29    Occupation  Tax  Act, Section 9 of the Use Tax Act, Section 9
30    of the Service Use Tax Act, and  Section  9  of  the  Service
31    Occupation Tax Act exceeding 33 1/3% of such tax revenues for
32    the  most  recently completed fiscal year of the State at the
33    time of such increase. The Authority is authorized to include
34    these pledges and agreements with the State in  any  contract
 
HB0263 Enrolled            -81-                LRB9203561MWpk
 1    with the holders of bonds issued under this Section.
 2        The  State  shall not be liable on bonds of the Authority
 3    issued under this Section those bonds shall not be a debt  of
 4    the State, and this Act shall not be construed as a guarantee
 5    by  the  State of the debts of the Authority. The bonds shall
 6    contain a statement to this effect on the face of the bonds.
 7    (Source: P.A. 90-612, eff. 7-8-98; 91-101, eff. 7-12-99.)

 8        (70 ILCS 210/23.1) (from Ch. 85, par. 1243.1)
 9        Sec. 23.1.  Affirmative action.
10        (a)  The  Authority  shall,  within  90  days  after  the
11    effective date of this amendatory Act of 1984, establish  and
12    maintain  an  affirmative  action program designed to promote
13    equal employment opportunity and  eliminate  the  effects  of
14    past  discrimination.   Such  program  shall  include a plan,
15    including timetables where appropriate, which  shall  specify
16    goals  and  methods for increasing participation by women and
17    minorities in employment by  the  Authority  and  by  parties
18    which  contract  with  the  Authority.    The Authority shall
19    submit a detailed plan with the  General  Assembly  prior  to
20    September  1 of each year.  Such program shall also establish
21    procedures and sanctions  (including  debarment),  which  the
22    Authority  shall  enforce  to ensure compliance with the plan
23    established pursuant to  this  Section  and  with  State  and
24    federal  laws  and  regulations relating to the employment of
25    women and minorities.  A determination by the Authority as to
26    whether a party to a contract with the Authority has achieved
27    the  goals   or   employed   the   methods   for   increasing
28    participation  by women and minorities shall be determined in
29    accordance with the terms of such contracts or the applicable
30    provisions of rules and regulations of the Authority existing
31    at  the  time  such  contract  was  executed,  including  any
32    provisions  for  consideration  of  good  faith  efforts   at
33    compliance which the Authority may reasonably adopt.
 
HB0263 Enrolled            -82-                LRB9203561MWpk
 1        (b)  The  Authority shall adopt and maintain minority and
 2    female owned business enterprise procurement  programs  under
 3    the  affirmative  action  program described in subsection (a)
 4    for any and all work undertaken by the Authority.  That  work
 5    shall  include,  but  is  not  limited  to,  the  purchase of
 6    professional  services,  construction   services,   supplies,
 7    materials, and equipment.  The programs shall establish goals
 8    of  awarding  not less than 25% of the annual dollar value of
 9    all  contracts,  purchase   orders,   or   other   agreements
10    (collectively  referred  to as "contracts") to minority owned
11    businesses and 5% of the annual dollar value of all contracts
12    to female owned businesses.  Without limiting the  generality
13    of  the  foregoing,  the programs shall require in connection
14    with the prequalification or  consideration  of  vendors  for
15    professional  service  contracts, construction contracts, and
16    contracts for supplies, materials,  equipment,  and  services
17    that  each  proposer  or  bidder submit as part of his or her
18    proposal or bid a commitment detailing how  he  or  she  will
19    expend  25%  or  more  of  the  dollar  value  of  his or her
20    contracts with one or more minority owned businesses  and  5%
21    or  more  of  the  dollar value with one or more female owned
22    businesses.  Bids or  proposals  that  do  not  include  such
23    detailed commitments are not responsive and shall be rejected
24    unless  the  Authority deems it appropriate to grant a waiver
25    of these requirements.  In addition  the  Authority  may,  in
26    connection  with  the  selection of providers of professional
27    services, reserve the right to select a  minority  or  female
28    owned  business  or  businesses  to fulfill the commitment to
29    minority and female business participation.   The  commitment
30    to  minority  and female business participation may be met by
31    the contractor or professional service provider's status as a
32    minority or female owned business, by  joint  venture  or  by
33    subcontracting  a  portion  of  the  work  with or purchasing
34    materials for the work from one or more such  businesses,  or
 
HB0263 Enrolled            -83-                LRB9203561MWpk
 1    by  any  combination thereof. Each contract shall require the
 2    contractor or provider to submit a certified  monthly  report
 3    detailing   the  status  of  that  contractor  or  provider's
 4    compliance with the Authority's  minority  and  female  owned
 5    business  enterprise  procurement  program.   The  Authority,
 6    after  reviewing  the  monthly reports of the contractors and
 7    providers, shall compile  a  comprehensive  report  regarding
 8    compliance   with   this  procurement  program  and  file  it
 9    quarterly with the General Assembly.  If, in connection  with
10    a  particular  contract,  the Authority determines that it is
11    impracticable or excessively costly  to  obtain  minority  or
12    female owned businesses to perform sufficient work to fulfill
13    the  commitment  required  by  this subsection, the Authority
14    shall reduce or waive the commitment in the contract, as  may
15    be  appropriate.   The  Authority  shall  establish rules and
16    regulations  setting  forth  the  standards  to  be  used  in
17    determining  whether  or  not  a  reduction  or   waiver   is
18    appropriate.  The terms "minority owned business" and "female
19    owned business" have the meanings given to those terms in the
20    Minority  and  Female  Business  Enterprise  for  Minorities,
21    Females, and Persons with Disabilities Act.
22        (c)  The   Authority   shall   adopt   and   maintain  an
23    affirmative action program in connection with the  hiring  of
24    minorities  and women on the Expansion Project and on any and
25    all construction projects undertaken by the  Authority.   The
26    program   shall  be  designed  to  promote  equal  employment
27    opportunity and shall  specify  the  goals  and  methods  for
28    increasing  the  participation  of  minorities and women in a
29    representative mix of job classifications required to perform
30    the respective contracts awarded by the Authority.
31        (d)  In  connection  with  the  Expansion  Project,   the
32    Authority  shall  incorporate the following elements into its
33    minority and female owned business  procurement  programs  to
34    the  extent  feasible:  (1)  a major contractors program that
 
HB0263 Enrolled            -84-                LRB9203561MWpk
 1    permits minority owned businesses and female owned businesses
 2    to bear significant responsibility and risk for a portion  of
 3    the  project;  (2)  a  mentor/protege  program  that provides
 4    financial, technical, managerial,  equipment,  and  personnel
 5    support   to  minority  owned  businesses  and  female  owned
 6    businesses; (3)  an  emerging  firms  program  that  includes
 7    minority  owned  businesses  and female owned businesses that
 8    would  not  otherwise  qualify  for  the   project   due   to
 9    inexperience  or  limited  resources;  (4)  a  small projects
10    program that includes participation by smaller minority owned
11    businesses and female owned  businesses  on  jobs  where  the
12    total dollar value is $5,000,000 or less; and (5) a set-aside
13    program   that   will   identify   contracts   requiring  the
14    expenditure of  funds  less  than  $50,000  for  bids  to  be
15    submitted  solely  by  minority  owned  businesses and female
16    owned businesses.
17        (e)  The Authority is authorized to enter into agreements
18    with  contractors'  associations,  labor  unions,   and   the
19    contractors  working on the Expansion Project to establish an
20    Apprenticeship Preparedness Training Program to  provide  for
21    an  increase  in the number of minority and female journeymen
22    and apprentices in the building  trades  and  to  enter  into
23    agreements  with  Community  College  District 508 to provide
24    readiness training.  The Authority is further  authorized  to
25    enter  into  contracts  with  public  and private educational
26    institutions and  persons  in  the  hospitality  industry  to
27    provide training for employment in the hospitality industry.
28        (f)  McCormick  Place  Advisory Board. There is created a
29    McCormick Place Advisory Board composed as follows: 2 members
30    shall be appointed by the Mayor of Chicago; 2  members  shall
31    be  appointed  by  the  Governor;  2  members  shall be State
32    Senators appointed by the President of the Senate; 2  members
33    shall  be  State Senators appointed by the Minority Leader of
34    the  Senate;  2  members  shall  be   State   Representatives
 
HB0263 Enrolled            -85-                LRB9203561MWpk
 1    appointed by the Speaker of the House of Representatives; and
 2    2  members  shall  be  State Representatives appointed by the
 3    Minority Leader of the House  of  Representatives  7  members
 4    shall be named by the Authority who are residents of the area
 5    surrounding  the  McCormick  Place  Expansion Project and are
 6    either minorities, as defined in this subsection, or women; 7
 7    members shall be State Senators named by the President of the
 8    Senate who are residents of  the  City  of  Chicago  and  are
 9    either  members  of  minority  groups or women; and 7 members
10    shall be State Representatives named by the  Speaker  of  the
11    House who are residents of the City of Chicago and are either
12    members  of  minority  groups  or  women.  The  terms  of all
13    previously appointed members of the Advisory Board expire  on
14    the effective date of this amendatory Act of the 92nd General
15    Assembly.  A State Senator or State Representative member may
16    appoint a designee to serve on the McCormick  Place  Advisory
17    Board in his or her absence.
18        A "member of a minority group" shall mean a person who is
19    a  citizen  or lawful permanent resident of the United States
20    and who is
21             (1)  Black (a person having origins in  any  of  the
22        black racial groups in Africa);
23             (2)  Hispanic  (a  person  of  Spanish or Portuguese
24        culture with origins in Mexico, South or Central America,
25        or the Caribbean Islands, regardless of race);
26             (3)  Asian American (a person having origins in  any
27        of  the original peoples of the Far East, Southeast Asia,
28        the Indian Subcontinent, or the Pacific Islands); or
29             (4)  American Indian or  Alaskan  Native  (a  person
30        having  origins  in  any of the original peoples of North
31        America).
32        Members of the McCormick Place Advisory Board shall serve
33    2-year terms and until their successors are appointed, except
34    members who serve as a result of their elected position whose
 
HB0263 Enrolled            -86-                LRB9203561MWpk
 1    terms shall  continue as long as they hold  their  designated
 2    elected  positions.  Vacancies shall be filled by appointment
 3    for the  unexpired  term  in  the  same  manner  as  original
 4    appointments  are  made.   The McCormick Place Advisory Board
 5    shall elect its own chairperson.
 6        Members of the McCormick Place Advisory Board shall serve
 7    without compensation  but,  at  the  Authority's  discretion,
 8    shall be reimbursed for necessary expenses in connection with
 9    the performance of their duties.
10        The  McCormick Place Advisory Board shall meet quarterly,
11    or as needed, shall produce any reports it  deems  necessary,
12    and shall:
13             (1)  Work  with the Authority on ways to improve the
14        area physically and economically;
15             (2)  Work with  the  Authority  regarding  potential
16        means  for  providing increased economic opportunities to
17        minorities and women produced indirectly or directly from
18        the construction and operation of the Expansion Project;
19             (3)  Work  with  the  Authority  to   minimize   any
20        potential  impact  on  the area surrounding the McCormick
21        Place Expansion Project, including any impact on minority
22        or  female   owned   businesses,   resulting   from   the
23        construction and operation of the Expansion Project;
24             (4)  Work  with the Authority to find candidates for
25        building trades apprenticeships, for  employment  in  the
26        hospitality   industry,  and  to  identify  job  training
27        programs;
28             (5)  Work  with  the  Authority  to  implement   the
29        provisions of subsections (a) through (e) of this Section
30        in  the  construction of the Expansion Project, including
31        the Authority's goal of awarding not less than 25% and 5%
32        of the annual dollar value of contracts to  minority  and
33        female   owned   businesses,  the  outreach  program  for
34        minorities and women, and the mentor/protege program  for
 
HB0263 Enrolled            -87-                LRB9203561MWpk
 1        providing   assistance   to  minority  and  female  owned
 2        businesses.
 3    (Source: P.A. 91-422, eff. 1-1-00; revised 8-23-99.)

 4        Section 90.  Inseverability.  The provisions of this  Act
 5    are  mutually dependent and inseverable.  If any provision or
 6    its  application  to  any  person  or  circumstance  is  held
 7    invalid, than this entire Act is invalid.

 8        Section 99.  Effective date.  This Act takes effect  upon
 9    becoming law.

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