92nd General Assembly
Summary of HB5962
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House Sponsors:

Short description: 
RETAIL STORE-SALES-1% TAX RATE                                             

Synopsis of Bill as introduced:
        Amends the Counties Code. Provides that no project for  a  retail      
   store  subject  to  approval  by  a  county may be approved if (i) the      
   square footage of the store will exceed 100,000 square feet  and  (ii)      
   more  than  15,000  square feet of the retail store will be devoted to      
   the sale of merchandise taxed at the 1% rate. Requires the owner of  a      
   retail  store  with  a square footage exceeding 100,000 square feet to      
   report annually to the county the amount  of  square  footage  of  the      
   store  devoted  to  the  sale  of  merchandise  taxed  at the 1% rate.      
   Provides that any person may seek to enforce the provisions concerning      
   retail stores in  the  circuit  court.  Provides  that  penalties  for      
   violations  shall  be  paid  to  the  State  and  not  the  prevailing      
   plaintiff.  Requires  the  owner  of  the  retail  store  to  pay  any      
   penalties,  costs, and fees. Amends the Township Code and the Illinois      
   Municipal Code to add similar provisions. Effective immediately.            
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

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


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