Bill Status of SB2483 100th General Assembly
Short Description: HOTEL OCCUPATION & USE REVENUE
Sen. Thomas Cullerton
|Revenue Hearing Feb 28 2018 3:30PM Capitol 212 Springfield, IL |
| 2/21/2018||Senate||Postponed - Revenue|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Municipal Code. Provides that not less than 75% of the amounts collected by a municipality within DuPage County pursuant to the municipal hotel operators' occupation tax and municipal hotel use tax shall be used to promote tourism within that municipality. Provides that the remainder of the amounts collected may be used by the municipality for economic development or capital infrastructure. Provides for a repeal date of December 31, 2019.