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| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018 SB2244 Introduced 10/24/2017, by Sen. Laura M. Murphy SYNOPSIS AS INTRODUCED: |
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20 ILCS 2505/2505-190 | was 20 ILCS 2505/39c-4 |
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Amends the Department of Revenue Law of the
Civil Administrative Code of Illinois. Reinstates an annual transfer that is required to be made from the Tax Compliance and Administration Fund to the General Revenue Fund. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | SB2244 | | LRB100 14891 HLH 29716 b |
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1 | | AN ACT concerning revenue.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Department of Revenue Law of the
Civil |
5 | | Administrative Code of Illinois is amended by changing Section |
6 | | 2505-190 as follows:
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7 | | (20 ILCS 2505/2505-190) (was 20 ILCS 2505/39c-4)
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8 | | Sec. 2505-190. Tax Compliance and Administration Fund. |
9 | | (a) Amounts
deposited into the Tax Compliance and
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10 | | Administration Fund, a special fund in the State treasury that |
11 | | is hereby
created, must be appropriated to the Department to
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12 | | reimburse the Department for its costs of collecting, |
13 | | administering, and
enforcing the tax laws that provide for |
14 | | deposits into the Fund. Moneys in the Fund shall consist of |
15 | | deposits provided for in tax laws, reimbursements, or other |
16 | | payments received from units of local government for |
17 | | administering a local tax or fee on behalf of the unit of local |
18 | | government in accordance with the Local Tax Collection Act, or |
19 | | other payments designated for deposit into the Fund.
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20 | | (b) As soon as possible after July 1, 2015, and as soon as |
21 | | possible after each July 1 thereafter through July 1, 2016 , the |
22 | | Director of the Department of Revenue shall certify the balance |
23 | | in the Tax Compliance and Administration Fund as of July 1, |