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| 1 | AMENDMENT TO HOUSE BILL 2069
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| 2 | AMENDMENT NO. ______. Amend House Bill 2069 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
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| 4 | "Section 5. The Gas Revenue Tax Act is amended by changing | ||||||
| 5 | Section 2 as follows:
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| 6 | (35 ILCS 615/2) (from Ch. 120, par. 467.17)
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| 7 | Sec. 2. Tax imposed; rate; phase-out for residential | ||||||
| 8 | customers.
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| 9 | (a) Except as provided in subsection (b), a
A tax is | ||||||
| 10 | imposed upon persons engaged in the business of
distributing, | ||||||
| 11 | supplying, furnishing or selling gas to persons for use or
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| 12 | consumption and not for resale at the rate of 2.4 cents per | ||||||
| 13 | therm of all
gas which is so distributed, supplied, furnished, | ||||||
| 14 | sold or
transported to or for each customer in
the course of | ||||||
| 15 | such business, or 5% of the gross receipts
received from each | ||||||
| 16 | customer from
such business, whichever is the lower rate as | ||||||
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| 1 | applied to each customer
for that customer's billing period, | ||||||
| 2 | provided that any change in rate
imposed by this amendatory
Act | ||||||
| 3 | of 1985 shall become effective only with bills having a meter | ||||||
| 4 | reading
date on or after January 1, 1986. However, such
taxes | ||||||
| 5 | are not imposed with
respect to any business in interstate | ||||||
| 6 | commerce, or otherwise to the extent
to which such business may | ||||||
| 7 | not, under the Constitution and statutes of the
United States, | ||||||
| 8 | be made the subject of taxation by this State.
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| 9 | Nothing in this amendatory Act of 1985 shall impose a tax | ||||||
| 10 | with respect
to any transaction with respect to which no tax | ||||||
| 11 | was imposed immediately
preceding the
effective date of this | ||||||
| 12 | amendatory Act of 1985.
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| 13 | Beginning with bills issued to customers on and after | ||||||
| 14 | October 1, 2003, no
tax shall be
imposed under this Act on | ||||||
| 15 | transactions with customers who incur a tax liability
under the
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| 16 | Gas Use Tax Law.
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| 17 | (b) Each July 1, beginning on July 1, 2007, the rate of the | ||||||
| 18 | tax imposed under this Section for gas that is
distributed, | ||||||
| 19 | supplied, furnished, sold, or transported to a
residential | ||||||
| 20 | customer is reduced by $0.006 per therm until the rate of the | ||||||
| 21 | tax is zero. In no case, however, shall the tax under this | ||||||
| 22 | Section be imposed with respect to gas that is
distributed, | ||||||
| 23 | supplied, furnished, sold, or transported to a
residential | ||||||
| 24 | customer on or after July 1, 2011. | ||||||
| 25 | For purposes of this subsection, "residential customer"
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| 26 | means a customer who is receiving gas or gas service for
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| 1 | household purposes that is either (i) distributed to a
dwelling | ||||||
| 2 | of 2 or fewer units and billed under a residential
rate or (ii) | ||||||
| 3 | distributed to a dwelling unit or units, billed
under a | ||||||
| 4 | residential rate, and registered by a separate meter
for each | ||||||
| 5 | dwelling unit.
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| 6 | (Source: P.A. 93-31, eff. 10-1-03.)
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| 7 | Section 99. Effective date. This Act takes effect upon | ||||||
| 8 | becoming law.".
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