093_SB0080

 
                                     LRB093 03287 SJM 03304 b

 1        AN ACT concerning taxation.

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

 4        Section 5.  The  Use  Tax  Act  is  amended  by  changing
 5    Section 9 as follows:

 6        (35 ILCS 105/9) (from Ch. 120, par. 439.9)
 7        Sec.   9.  Except   as  to  motor  vehicles,  watercraft,
 8    aircraft, and trailers that are  required  to  be  registered
 9    with  an  agency  of  this  State,  each retailer required or
10    authorized to collect the tax imposed by this Act  shall  pay
11    to the Department the amount of such tax (except as otherwise
12    provided)  at the time when he is required to file his return
13    for the period during which such tax was  collected,  less  a
14    discount  of  2.1% prior to January 1, 1990, and 1.75% on and
15    after January 1, 1990, or $5 per calendar year, whichever  is
16    greater,  which  is  allowed  to  reimburse  the retailer for
17    expenses incurred in collecting  the  tax,  keeping  records,
18    preparing and filing returns, remitting the tax and supplying
19    data  to the Department on request.  In the case of retailers
20    who report and pay the tax on a  transaction  by  transaction
21    basis,  as  provided  in this Section, such discount shall be
22    taken with each such tax  remittance  instead  of  when  such
23    retailer  files  his  periodic  return.   A retailer need not
24    remit that part of any tax collected by  him  to  the  extent
25    that  he  is required to remit and does remit the tax imposed
26    by the Retailers' Occupation Tax Act,  with  respect  to  the
27    sale  of  the  same property. Beginning on January 1, 2004, a
28    retailer or serviceman is allowed to take  the  1.75%  or  $5
29    discount,  as  appropriate, for the first $1,000,000 in sales
30    in the aggregate in a calendar year under the  Use  Tax  Act,
31    the  Service Use Tax Act, the Service Occupation Tax Act, and
 
                            -2-      LRB093 03287 SJM 03304 b
 1    the Retailers' Occupation Tax Act. No discount may  be  taken
 2    for  sales  above  $1,000,000  in the aggregate in a calendar
 3    year under these Acts.
 4        Where such tangible personal property  is  sold  under  a
 5    conditional  sales  contract, or under any other form of sale
 6    wherein the payment of the principal sum, or a part  thereof,
 7    is  extended  beyond  the  close  of the period for which the
 8    return is filed, the retailer, in collecting the tax  (except
 9    as to motor vehicles, watercraft, aircraft, and trailers that
10    are  required to be registered with an agency of this State),
11    may  collect  for  each  tax  return  period,  only  the  tax
12    applicable  to  that  part  of  the  selling  price  actually
13    received during such tax return period.
14        Except as provided in this  Section,  on  or  before  the
15    twentieth  day  of  each  calendar month, such retailer shall
16    file a return for the preceding calendar month.  Such  return
17    shall  be  filed  on  forms  prescribed by the Department and
18    shall  furnish  such  information  as  the   Department   may
19    reasonably require.
20        The  Department  may  require  returns  to  be filed on a
21    quarterly basis.  If so required, a return for each  calendar
22    quarter  shall be filed on or before the twentieth day of the
23    calendar month following the end of  such  calendar  quarter.
24    The taxpayer shall also file a return with the Department for
25    each  of the first two months of each calendar quarter, on or
26    before the twentieth day of  the  following  calendar  month,
27    stating:
28             1.  The name of the seller;
29             2.  The  address  of the principal place of business
30        from which he engages in the business of selling tangible
31        personal property at retail in this State;
32             3.  The total amount of taxable receipts received by
33        him during the preceding calendar  month  from  sales  of
34        tangible  personal  property by him during such preceding
 
                            -3-      LRB093 03287 SJM 03304 b
 1        calendar month, including receipts from charge  and  time
 2        sales, but less all deductions allowed by law;
 3             4.  The  amount  of credit provided in Section 2d of
 4        this Act;
 5             5.  The amount of tax due;
 6             5-5.  The signature of the taxpayer; and
 7             6.  Such  other  reasonable   information   as   the
 8        Department may require.
 9        If a taxpayer fails to sign a return within 30 days after
10    the proper notice and demand for signature by the Department,
11    the  return shall be considered valid and any amount shown to
12    be due on the return shall be deemed assessed.
13        Beginning October 1, 1993, a taxpayer who has an  average
14    monthly  tax  liability  of  $150,000  or more shall make all
15    payments required by rules of the  Department  by  electronic
16    funds transfer. Beginning October 1, 1994, a taxpayer who has
17    an  average  monthly  tax liability of $100,000 or more shall
18    make all payments required by  rules  of  the  Department  by
19    electronic  funds  transfer.  Beginning  October  1,  1995, a
20    taxpayer who has an average monthly tax liability of  $50,000
21    or  more  shall  make  all  payments required by rules of the
22    Department by electronic funds transfer. Beginning October 1,
23    2000, a taxpayer who has an annual tax liability of  $200,000
24    or  more  shall  make  all  payments required by rules of the
25    Department by electronic funds transfer.   The  term  "annual
26    tax liability" shall be the sum of the taxpayer's liabilities
27    under   this  Act,  and  under  all  other  State  and  local
28    occupation and use tax laws administered by  the  Department,
29    for   the  immediately  preceding  calendar  year.  The  term
30    "average  monthly  tax  liability"  means  the  sum  of   the
31    taxpayer's  liabilities  under  this Act, and under all other
32    State and local occupation and use tax laws  administered  by
33    the  Department,  for the immediately preceding calendar year
34    divided by 12. Beginning on October 1, 2002, a  taxpayer  who
 
                            -4-      LRB093 03287 SJM 03304 b
 1    has a tax liability in the amount set forth in subsection (b)
 2    of  Section  2505-210  of the Department of Revenue Law shall
 3    make all payments required by  rules  of  the  Department  by
 4    electronic funds transfer.
 5        Before  August  1  of  each  year  beginning in 1993, the
 6    Department  shall  notify  all  taxpayers  required  to  make
 7    payments by electronic funds transfer. All taxpayers required
 8    to make payments by  electronic  funds  transfer  shall  make
 9    those payments for a minimum of one year beginning on October
10    1.
11        Any  taxpayer not required to make payments by electronic
12    funds transfer may make payments by electronic funds transfer
13    with the permission of the Department.
14        All taxpayers required  to  make  payment  by  electronic
15    funds  transfer  and  any taxpayers authorized to voluntarily
16    make payments by electronic funds transfer shall  make  those
17    payments in the manner authorized by the Department.
18        The Department shall adopt such rules as are necessary to
19    effectuate  a  program  of  electronic funds transfer and the
20    requirements of this Section.
21        Before October 1, 2000, if the taxpayer's average monthly
22    tax  liability  to  the  Department  under  this   Act,   the
23    Retailers'  Occupation  Tax  Act,  the Service Occupation Tax
24    Act, the Service Use Tax Act was $10,000 or more  during  the
25    preceding  4  complete  calendar  quarters,  he  shall file a
26    return with the Department each month by the 20th day of  the
27    month   next  following  the  month  during  which  such  tax
28    liability  is  incurred  and  shall  make  payments  to   the
29    Department  on  or before the 7th, 15th, 22nd and last day of
30    the month during which such liability  is  incurred.  On  and
31    after  October 1, 2000, if the taxpayer's average monthly tax
32    liability to the Department under this  Act,  the  Retailers'
33    Occupation  Tax  Act, the Service Occupation Tax Act, and the
34    Service Use Tax Act was $20,000 or more during the  preceding
 
                            -5-      LRB093 03287 SJM 03304 b
 1    4 complete calendar quarters, he shall file a return with the
 2    Department  each  month  by  the  20th  day of the month next
 3    following the  month  during  which  such  tax  liability  is
 4    incurred  and  shall  make  payment  to  the Department on or
 5    before the 7th, 15th, 22nd and last day of the  month  during
 6    which  such  liability is incurred. If the month during which
 7    such tax liability is incurred  began  prior  to  January  1,
 8    1985,  each payment shall be in an amount equal to 1/4 of the
 9    taxpayer's actual liability for the month or an amount set by
10    the Department not to  exceed  1/4  of  the  average  monthly
11    liability of the taxpayer to the Department for the preceding
12    4  complete calendar quarters (excluding the month of highest
13    liability and the month of lowest liability in such 4 quarter
14    period).  If the month during which  such  tax  liability  is
15    incurred  begins  on  or  after January 1, 1985, and prior to
16    January 1, 1987, each payment shall be in an amount equal  to
17    22.5%  of  the  taxpayer's  actual liability for the month or
18    27.5% of the taxpayer's liability for the same calendar month
19    of the preceding year.  If the month during  which  such  tax
20    liability is incurred begins on or after January 1, 1987, and
21    prior  to January 1, 1988, each payment shall be in an amount
22    equal to 22.5% of the taxpayer's  actual  liability  for  the
23    month  or  26.25%  of  the  taxpayer's liability for the same
24    calendar month of the preceding year.  If  the  month  during
25    which  such  tax  liability  is  incurred  begins on or after
26    January 1, 1988, and prior to January 1, 1989, or  begins  on
27    or  after January 1, 1996, each payment shall be in an amount
28    equal to 22.5% of the taxpayer's  actual  liability  for  the
29    month  or  25%  of  the  taxpayer's  liability  for  the same
30    calendar month of the preceding year.  If  the  month  during
31    which  such  tax  liability  is  incurred  begins on or after
32    January 1, 1989, and prior to January 1, 1996,  each  payment
33    shall be in an amount equal to 22.5% of the taxpayer's actual
34    liability  for  the  month or 25% of the taxpayer's liability
 
                            -6-      LRB093 03287 SJM 03304 b
 1    for the same calendar month of the preceding year or 100%  of
 2    the  taxpayer's  actual  liability  for  the  quarter monthly
 3    reporting  period.   The  amount  of  such  quarter   monthly
 4    payments shall be credited against the final tax liability of
 5    the  taxpayer's  return  for  that  month.  Before October 1,
 6    2000, once applicable,  the  requirement  of  the  making  of
 7    quarter  monthly  payments  to  the Department shall continue
 8    until  such  taxpayer's  average  monthly  liability  to  the
 9    Department during the preceding 4 complete calendar  quarters
10    (excluding  the  month  of highest liability and the month of
11    lowest  liability)  is  less  than  $9,000,  or  until   such
12    taxpayer's  average  monthly  liability  to the Department as
13    computed  for  each  calendar  quarter  of  the  4  preceding
14    complete  calendar  quarter  period  is  less  than  $10,000.
15    However, if  a  taxpayer  can  show  the  Department  that  a
16    substantial  change  in  the taxpayer's business has occurred
17    which causes the taxpayer  to  anticipate  that  his  average
18    monthly  tax  liability for the reasonably foreseeable future
19    will fall below the $10,000 threshold stated above, then such
20    taxpayer may petition  the  Department  for  change  in  such
21    taxpayer's  reporting  status.  On and after October 1, 2000,
22    once applicable, the requirement of  the  making  of  quarter
23    monthly  payments to the Department shall continue until such
24    taxpayer's average monthly liability to the Department during
25    the preceding 4 complete  calendar  quarters  (excluding  the
26    month of highest liability and the month of lowest liability)
27    is less than $19,000 or until such taxpayer's average monthly
28    liability  to  the  Department  as computed for each calendar
29    quarter of the 4 preceding complete calendar  quarter  period
30    is  less  than  $20,000.  However, if a taxpayer can show the
31    Department  that  a  substantial  change  in  the  taxpayer's
32    business has occurred which causes the taxpayer to anticipate
33    that his average monthly tax  liability  for  the  reasonably
34    foreseeable  future  will  fall  below  the $20,000 threshold
 
                            -7-      LRB093 03287 SJM 03304 b
 1    stated above, then such taxpayer may petition the  Department
 2    for  a  change  in  such  taxpayer's  reporting  status.  The
 3    Department shall  change  such  taxpayer's  reporting  status
 4    unless  it  finds  that such change is seasonal in nature and
 5    not likely to be long  term.  If  any  such  quarter  monthly
 6    payment  is not paid at the time or in the amount required by
 7    this Section, then the taxpayer shall be liable for penalties
 8    and interest on the difference between the minimum amount due
 9    and the amount of such quarter monthly payment  actually  and
10    timely  paid,  except  insofar as the taxpayer has previously
11    made payments for that month to the Department in  excess  of
12    the  minimum  payments  previously  due  as  provided in this
13    Section.  The Department  shall  make  reasonable  rules  and
14    regulations  to govern the quarter monthly payment amount and
15    quarter monthly payment dates for taxpayers who file on other
16    than a calendar monthly basis.
17        If any such payment provided for in this Section  exceeds
18    the  taxpayer's  liabilities  under  this Act, the Retailers'
19    Occupation Tax Act, the Service Occupation Tax  Act  and  the
20    Service  Use Tax Act, as shown by an original monthly return,
21    the  Department  shall  issue  to  the  taxpayer   a   credit
22    memorandum  no  later than 30 days after the date of payment,
23    which memorandum may be submitted  by  the  taxpayer  to  the
24    Department  in  payment  of  tax liability subsequently to be
25    remitted by the taxpayer to the Department or be assigned  by
26    the  taxpayer  to  a  similar  taxpayer  under  this Act, the
27    Retailers' Occupation Tax Act, the Service Occupation Tax Act
28    or the Service Use Tax Act,  in  accordance  with  reasonable
29    rules  and  regulations  to  be prescribed by the Department,
30    except that if such excess payment is shown  on  an  original
31    monthly return and is made after December 31, 1986, no credit
32    memorandum shall be issued, unless requested by the taxpayer.
33    If  no  such  request  is  made, the taxpayer may credit such
34    excess payment  against  tax  liability  subsequently  to  be
 
                            -8-      LRB093 03287 SJM 03304 b
 1    remitted  by  the  taxpayer to the Department under this Act,
 2    the Retailers' Occupation Tax Act, the Service Occupation Tax
 3    Act or the Service Use Tax Act, in accordance with reasonable
 4    rules and regulations prescribed by the Department.   If  the
 5    Department  subsequently  determines  that all or any part of
 6    the credit taken was not actually due to  the  taxpayer,  the
 7    taxpayer's  2.1%  or 1.75% vendor's discount shall be reduced
 8    by 2.1% or 1.75% of the difference between the  credit  taken
 9    and  that  actually due, and the taxpayer shall be liable for
10    penalties and interest on such difference.
11        If the retailer is otherwise required to file  a  monthly
12    return and if the retailer's average monthly tax liability to
13    the  Department  does  not  exceed  $200,  the Department may
14    authorize his returns to be filed on a quarter annual  basis,
15    with  the  return for January, February, and March of a given
16    year being due by April 20 of such year; with the return  for
17    April,  May  and June of a given year being due by July 20 of
18    such year; with the return for July, August and September  of
19    a  given  year being due by October 20 of such year, and with
20    the return for October, November and December of a given year
21    being due by January 20 of the following year.
22        If the retailer is otherwise required to file  a  monthly
23    or quarterly return and if the retailer's average monthly tax
24    liability   to  the  Department  does  not  exceed  $50,  the
25    Department may authorize his returns to be filed on an annual
26    basis, with the return for a given year being due by  January
27    20 of the following year.
28        Such  quarter  annual  and annual returns, as to form and
29    substance, shall be  subject  to  the  same  requirements  as
30    monthly returns.
31        Notwithstanding   any   other   provision   in  this  Act
32    concerning the time within which  a  retailer  may  file  his
33    return, in the case of any retailer who ceases to engage in a
34    kind  of  business  which  makes  him  responsible for filing
 
                            -9-      LRB093 03287 SJM 03304 b
 1    returns under this Act, such  retailer  shall  file  a  final
 2    return  under  this Act with the Department not more than one
 3    month after discontinuing such business.
 4        In addition, with respect to motor vehicles,  watercraft,
 5    aircraft,  and  trailers  that  are required to be registered
 6    with an agency of this State,  every  retailer  selling  this
 7    kind  of  tangible  personal  property  shall  file, with the
 8    Department, upon a form to be prescribed and supplied by  the
 9    Department,  a separate return for each such item of tangible
10    personal property which the retailer sells, except  that  if,
11    in   the  same  transaction,  (i)  a  retailer  of  aircraft,
12    watercraft, motor vehicles or trailers  transfers  more  than
13    one aircraft, watercraft, motor vehicle or trailer to another
14    aircraft,  watercraft,  motor vehicle or trailer retailer for
15    the purpose  of  resale  or  (ii)  a  retailer  of  aircraft,
16    watercraft,  motor  vehicles, or trailers transfers more than
17    one aircraft, watercraft, motor  vehicle,  or  trailer  to  a
18    purchaser  for  use as a qualifying rolling stock as provided
19    in Section 3-55 of this Act, then that seller may report  the
20    transfer  of  all the aircraft, watercraft, motor vehicles or
21    trailers involved in that transaction to  the  Department  on
22    the  same  uniform invoice-transaction reporting return form.
23    For purposes of this Section, "watercraft" means a  Class  2,
24    Class  3,  or Class 4 watercraft as defined in Section 3-2 of
25    the Boat Registration and Safety Act, a personal  watercraft,
26    or any boat equipped with an inboard motor.
27        The  transaction  reporting  return  in the case of motor
28    vehicles or trailers that are required to be registered  with
29    an  agency  of  this State, shall be the same document as the
30    Uniform Invoice referred to in Section 5-402 of the  Illinois
31    Vehicle  Code  and  must  show  the  name  and address of the
32    seller; the name and address of the purchaser; the amount  of
33    the  selling  price  including  the  amount  allowed  by  the
34    retailer  for  traded-in property, if any; the amount allowed
 
                            -10-     LRB093 03287 SJM 03304 b
 1    by the retailer for the traded-in tangible personal property,
 2    if any, to the extent to which Section 2 of this  Act  allows
 3    an exemption for the value of traded-in property; the balance
 4    payable  after  deducting  such  trade-in  allowance from the
 5    total selling price; the amount of tax due from the  retailer
 6    with respect to such transaction; the amount of tax collected
 7    from  the  purchaser  by the retailer on such transaction (or
 8    satisfactory evidence that  such  tax  is  not  due  in  that
 9    particular  instance, if that is claimed to be the fact); the
10    place and date of the sale; a  sufficient  identification  of
11    the  property  sold; such other information as is required in
12    Section 5-402 of the Illinois Vehicle Code,  and  such  other
13    information as the Department may reasonably require.
14        The   transaction   reporting   return  in  the  case  of
15    watercraft and aircraft must show the name and address of the
16    seller; the name and address of the purchaser; the amount  of
17    the  selling  price  including  the  amount  allowed  by  the
18    retailer  for  traded-in property, if any; the amount allowed
19    by the retailer for the traded-in tangible personal property,
20    if any, to the extent to which Section 2 of this  Act  allows
21    an exemption for the value of traded-in property; the balance
22    payable  after  deducting  such  trade-in  allowance from the
23    total selling price; the amount of tax due from the  retailer
24    with respect to such transaction; the amount of tax collected
25    from  the  purchaser  by the retailer on such transaction (or
26    satisfactory evidence that  such  tax  is  not  due  in  that
27    particular  instance, if that is claimed to be the fact); the
28    place and date of the sale, a  sufficient  identification  of
29    the   property  sold,  and  such  other  information  as  the
30    Department may reasonably require.
31        Such transaction reporting  return  shall  be  filed  not
32    later  than  20  days  after the date of delivery of the item
33    that is being sold, but may be filed by the retailer  at  any
34    time   sooner  than  that  if  he  chooses  to  do  so.   The
 
                            -11-     LRB093 03287 SJM 03304 b
 1    transaction reporting return and tax remittance or  proof  of
 2    exemption  from  the  tax  that is imposed by this Act may be
 3    transmitted to the Department by way of the State agency with
 4    which, or State officer  with  whom,  the  tangible  personal
 5    property   must  be  titled  or  registered  (if  titling  or
 6    registration is required) if the Department and  such  agency
 7    or  State officer determine that this procedure will expedite
 8    the processing of applications for title or registration.
 9        With each such transaction reporting return, the retailer
10    shall remit the proper amount of tax  due  (or  shall  submit
11    satisfactory evidence that the sale is not taxable if that is
12    the  case),  to  the  Department or its agents, whereupon the
13    Department shall  issue,  in  the  purchaser's  name,  a  tax
14    receipt  (or  a certificate of exemption if the Department is
15    satisfied that the particular sale is tax exempt) which  such
16    purchaser  may  submit  to  the  agency  with which, or State
17    officer with whom, he must title  or  register  the  tangible
18    personal   property   that   is   involved   (if  titling  or
19    registration is required)  in  support  of  such  purchaser's
20    application  for an Illinois certificate or other evidence of
21    title or registration to such tangible personal property.
22        No retailer's failure or refusal to remit tax under  this
23    Act  precludes  a  user,  who  has paid the proper tax to the
24    retailer, from obtaining his certificate of  title  or  other
25    evidence of title or registration (if titling or registration
26    is  required)  upon  satisfying the Department that such user
27    has paid the proper tax (if tax is due) to the retailer.  The
28    Department shall adopt appropriate rules  to  carry  out  the
29    mandate of this paragraph.
30        If  the  user who would otherwise pay tax to the retailer
31    wants the transaction reporting return filed and the  payment
32    of  tax  or  proof of exemption made to the Department before
33    the retailer is willing to take these actions and  such  user
34    has  not  paid the tax to the retailer, such user may certify
 
                            -12-     LRB093 03287 SJM 03304 b
 1    to the fact of such delay by the retailer, and may (upon  the
 2    Department   being   satisfied   of   the   truth   of   such
 3    certification)  transmit  the  information  required  by  the
 4    transaction  reporting  return  and the remittance for tax or
 5    proof of exemption directly to the Department and obtain  his
 6    tax  receipt  or  exemption determination, in which event the
 7    transaction reporting return and tax  remittance  (if  a  tax
 8    payment  was required) shall be credited by the Department to
 9    the  proper  retailer's  account  with  the  Department,  but
10    without the 2.1% or  1.75%  discount  provided  for  in  this
11    Section  being  allowed.  When the user pays the tax directly
12    to the Department, he shall pay the tax in  the  same  amount
13    and in the same form in which it would be remitted if the tax
14    had been remitted to the Department by the retailer.
15        Where  a  retailer  collects  the tax with respect to the
16    selling price of tangible personal property  which  he  sells
17    and  the  purchaser thereafter returns such tangible personal
18    property and the retailer refunds the selling  price  thereof
19    to  the  purchaser,  such  retailer shall also refund, to the
20    purchaser, the tax so  collected  from  the  purchaser.  When
21    filing his return for the period in which he refunds such tax
22    to  the  purchaser, the retailer may deduct the amount of the
23    tax so refunded by him to the purchaser from  any  other  use
24    tax  which  such  retailer may be required to pay or remit to
25    the Department, as shown by such return, if the amount of the
26    tax to be deducted was previously remitted to the  Department
27    by  such  retailer.   If  the  retailer  has  not  previously
28    remitted  the  amount  of  such  tax to the Department, he is
29    entitled to no deduction under this Act upon  refunding  such
30    tax to the purchaser.
31        Any  retailer  filing  a  return under this Section shall
32    also include (for the purpose  of  paying  tax  thereon)  the
33    total  tax  covered  by such return upon the selling price of
34    tangible personal property purchased by him at retail from  a
 
                            -13-     LRB093 03287 SJM 03304 b
 1    retailer, but as to which the tax imposed by this Act was not
 2    collected  from  the  retailer  filing  such return, and such
 3    retailer shall remit the amount of such tax to the Department
 4    when filing such return.
 5        If experience indicates such action  to  be  practicable,
 6    the  Department  may  prescribe  and furnish a combination or
 7    joint return which will enable retailers, who are required to
 8    file  returns  hereunder  and  also  under   the   Retailers'
 9    Occupation  Tax  Act,  to  furnish all the return information
10    required by both Acts on the one form.
11        Where the retailer has more than one business  registered
12    with  the  Department  under separate registration under this
13    Act, such retailer may not file each return that is due as  a
14    single  return  covering  all such registered businesses, but
15    shall  file  separate  returns  for  each   such   registered
16    business.
17        Beginning  January  1,  1990,  each  month the Department
18    shall pay into the State and Local Sales Tax Reform  Fund,  a
19    special  fund  in the State Treasury which is hereby created,
20    the net revenue realized for the preceding month from the  1%
21    tax  on  sales  of  food for human consumption which is to be
22    consumed off the  premises  where  it  is  sold  (other  than
23    alcoholic  beverages,  soft  drinks  and  food which has been
24    prepared for  immediate  consumption)  and  prescription  and
25    nonprescription  medicines,  drugs,  medical  appliances  and
26    insulin,  urine  testing materials, syringes and needles used
27    by diabetics.
28        Beginning January 1,  1990,  each  month  the  Department
29    shall  pay  into the County and Mass Transit District Fund 4%
30    of the net revenue realized for the preceding month from  the
31    6.25%  general rate on the selling price of tangible personal
32    property which is purchased outside Illinois at retail from a
33    retailer and which is titled or registered by  an  agency  of
34    this State's government.
 
                            -14-     LRB093 03287 SJM 03304 b
 1        Beginning  January  1,  1990,  each  month the Department
 2    shall pay into the State and Local Sales Tax Reform  Fund,  a
 3    special  fund  in  the State Treasury, 20% of the net revenue
 4    realized for the preceding month from the 6.25% general  rate
 5    on  the  selling  price  of tangible personal property, other
 6    than tangible personal property which  is  purchased  outside
 7    Illinois  at  retail  from  a retailer and which is titled or
 8    registered by an agency of this State's 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        Beginning January 1,  1990,  each  month  the  Department
14    shall  pay  into the Local Government Tax Fund 16% of the net
15    revenue realized for  the  preceding  month  from  the  6.25%
16    general  rate  on  the  selling  price  of  tangible personal
17    property which is purchased outside Illinois at retail from a
18    retailer and which is titled or registered by  an  agency  of
19    this State's government.
20        Of the remainder of the moneys received by the Department
21    pursuant  to  this  Act, (a) 1.75% thereof shall be paid into
22    the Build Illinois Fund and (b) prior to July 1,  1989,  2.2%
23    and  on  and  after  July 1, 1989, 3.8% thereof shall be paid
24    into the Build Illinois Fund; provided, however, that  if  in
25    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
26    as  the case may be, of the moneys received by the Department
27    and required to be paid into the Build Illinois Fund pursuant
28    to Section 3 of the Retailers' Occupation Tax Act, Section  9
29    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
30    Section  9 of the Service Occupation Tax Act, such Acts being
31    hereinafter called the "Tax Acts" and such aggregate of  2.2%
32    or  3.8%,  as  the  case  may be, of moneys being hereinafter
33    called the "Tax Act Amount", and (2) the  amount  transferred
34    to the Build Illinois Fund from the State and Local Sales Tax
 
                            -15-     LRB093 03287 SJM 03304 b
 1    Reform  Fund  shall  be less than the Annual Specified Amount
 2    (as defined in Section 3 of  the  Retailers'  Occupation  Tax
 3    Act),  an amount equal to the difference shall be immediately
 4    paid into the Build Illinois Fund from other moneys  received
 5    by  the  Department  pursuant  to  the  Tax Acts; and further
 6    provided, that if on the last business day of any  month  the
 7    sum  of  (1) the Tax Act Amount required to be deposited into
 8    the Build Illinois Bond Account in the  Build  Illinois  Fund
 9    during  such month and (2) the amount transferred during such
10    month to the Build Illinois Fund from  the  State  and  Local
11    Sales  Tax  Reform Fund shall have been less than 1/12 of the
12    Annual Specified Amount, an amount equal  to  the  difference
13    shall  be  immediately paid into the Build Illinois Fund from
14    other moneys received by the Department pursuant to  the  Tax
15    Acts;  and,  further  provided,  that  in  no event shall the
16    payments required  under  the  preceding  proviso  result  in
17    aggregate  payments  into the Build Illinois Fund pursuant to
18    this clause (b) for any fiscal year in excess of the  greater
19    of (i) the Tax Act Amount or (ii) the Annual Specified Amount
20    for such fiscal year; and, further provided, that the amounts
21    payable  into  the  Build Illinois Fund under this clause (b)
22    shall be payable only until such time as the aggregate amount
23    on deposit under each trust indenture securing  Bonds  issued
24    and  outstanding  pursuant  to the Build Illinois Bond Act is
25    sufficient, taking into account any future investment income,
26    to fully provide, in accordance with such indenture, for  the
27    defeasance of or the payment of the principal of, premium, if
28    any,  and interest on the Bonds secured by such indenture and
29    on any Bonds expected to be issued thereafter  and  all  fees
30    and  costs  payable with respect thereto, all as certified by
31    the Director of the Bureau of the Budget.   If  on  the  last
32    business  day  of  any  month  in which Bonds are outstanding
33    pursuant to the Build Illinois Bond Act, the aggregate of the
34    moneys deposited in the Build Illinois Bond  Account  in  the
 
                            -16-     LRB093 03287 SJM 03304 b
 1    Build  Illinois  Fund  in  such  month shall be less than the
 2    amount required to be transferred  in  such  month  from  the
 3    Build  Illinois  Bond  Account  to  the  Build  Illinois Bond
 4    Retirement and Interest Fund pursuant to Section  13  of  the
 5    Build  Illinois  Bond Act, an amount equal to such deficiency
 6    shall be immediately paid from other moneys received  by  the
 7    Department  pursuant  to  the  Tax Acts to the Build Illinois
 8    Fund; provided, however, that any amounts paid to  the  Build
 9    Illinois  Fund  in  any fiscal year pursuant to this sentence
10    shall be deemed to constitute payments pursuant to clause (b)
11    of  the  preceding  sentence  and  shall  reduce  the  amount
12    otherwise payable for such fiscal year pursuant to clause (b)
13    of the  preceding  sentence.   The  moneys  received  by  the
14    Department  pursuant to this Act and required to be deposited
15    into the Build Illinois Fund are subject to the pledge, claim
16    and charge set forth in Section 12 of the Build Illinois Bond
17    Act.
18        Subject to payment of amounts  into  the  Build  Illinois
19    Fund  as  provided  in  the  preceding  paragraph  or  in any
20    amendment thereto hereafter enacted, the following  specified
21    monthly   installment   of   the   amount  requested  in  the
22    certificate of the Chairman  of  the  Metropolitan  Pier  and
23    Exposition  Authority  provided  under  Section  8.25f of the
24    State Finance Act, but not in excess of the  sums  designated
25    as  "Total Deposit", shall be deposited in the aggregate from
26    collections under Section 9 of the Use Tax Act, Section 9  of
27    the  Service Use Tax Act, Section 9 of the Service Occupation
28    Tax Act, and Section 3 of the Retailers' Occupation  Tax  Act
29    into  the  McCormick  Place  Expansion  Project  Fund  in the
30    specified fiscal years.
31               Fiscal Year                           Total Deposit
32                   1993                                        $0
33                   1994                                53,000,000
34                   1995                                58,000,000
 
                            -17-     LRB093 03287 SJM 03304 b
 1                   1996                                61,000,000
 2                   1997                                64,000,000
 3                   1998                                68,000,000
 4                   1999                                71,000,000
 5                   2000                                75,000,000
 6                   2001                                80,000,000
 7                   2002                                93,000,000
 8                   2003                                99,000,000
 9                   2004                               103,000,000
10                   2005                               108,000,000
11                   2006                               113,000,000
12                   2007                               119,000,000
13                   2008                               126,000,000
14                   2009                               132,000,000
15                   2010                               139,000,000
16                   2011                               146,000,000
17                   2012                               153,000,000
18                   2013                               161,000,000
19                   2014                               170,000,000
20                   2015                               179,000,000
21                   2016                               189,000,000
22                   2017                               199,000,000
23                   2018                               210,000,000
24                   2019                               221,000,000
25                   2020                               233,000,000
26                   2021                               246,000,000
27                   2022                               260,000,000
28                 2023 and                             275,000,000
29    each fiscal year
30    thereafter that bonds
31    are outstanding under
32    Section 13.2 of the
33    Metropolitan Pier and
34    Exposition Authority
 
                            -18-     LRB093 03287 SJM 03304 b
 1    Act, but not after fiscal year 2042.
 2        Beginning July 20, 1993 and in each month of each  fiscal
 3    year  thereafter,  one-eighth  of the amount requested in the
 4    certificate of the Chairman  of  the  Metropolitan  Pier  and
 5    Exposition  Authority  for  that fiscal year, less the amount
 6    deposited into the McCormick Place Expansion Project Fund  by
 7    the  State Treasurer in the respective month under subsection
 8    (g) of Section 13 of the  Metropolitan  Pier  and  Exposition
 9    Authority  Act,  plus cumulative deficiencies in the deposits
10    required under this Section for previous  months  and  years,
11    shall be deposited into the McCormick Place Expansion Project
12    Fund,  until  the  full amount requested for the fiscal year,
13    but not in excess of the amount  specified  above  as  "Total
14    Deposit", has been deposited.
15        Subject  to  payment  of  amounts into the Build Illinois
16    Fund and the McCormick Place Expansion Project Fund  pursuant
17    to  the  preceding  paragraphs  or  in any amendments thereto
18    hereafter enacted, beginning July  1,  1993,  the  Department
19    shall  each  month  pay  into the Illinois Tax Increment Fund
20    0.27% of 80% of the net revenue realized  for  the  preceding
21    month  from  the  6.25%  general rate on the selling price of
22    tangible personal property.
23        Subject to payment of amounts  into  the  Build  Illinois
24    Fund  and the McCormick Place Expansion Project Fund pursuant
25    to the preceding paragraphs  or  in  any  amendments  thereto
26    hereafter  enacted,  beginning  with the receipt of the first
27    report of taxes paid by an eligible business  and  continuing
28    for  a  25-year  period,  the Department shall each month pay
29    into the Energy Infrastructure Fund 80% of  the  net  revenue
30    realized  from the 6.25% general rate on the selling price of
31    Illinois-mined coal that was sold to  an  eligible  business.
32    For  purposes of this paragraph, the term "eligible business"
33    means a new electric generating facility  certified  pursuant
34    to   Section  605-332  of  the  Department  of  Commerce  and
 
                            -19-     LRB093 03287 SJM 03304 b
 1    Community Affairs Law of the  Civil  Administrative  Code  of
 2    Illinois.
 3        Of the remainder of the moneys received by the Department
 4    pursuant  to  this  Act,  75%  thereof shall be paid into the
 5    State Treasury and 25% shall be reserved in a special account
 6    and used only for the transfer to the Common School  Fund  as
 7    part of the monthly transfer from the General Revenue Fund in
 8    accordance with Section 8a of the State Finance Act.
 9        As  soon  as  possible after the first day of each month,
10    upon  certification  of  the  Department  of   Revenue,   the
11    Comptroller  shall  order transferred and the Treasurer shall
12    transfer from the General Revenue Fund to the Motor Fuel  Tax
13    Fund  an  amount  equal  to  1.7%  of  80% of the net revenue
14    realized under this  Act  for  the  second  preceding  month.
15    Beginning  April 1, 2000, this transfer is no longer required
16    and shall not be made.
17        Net revenue realized for a month  shall  be  the  revenue
18    collected  by the State pursuant to this Act, less the amount
19    paid out during  that  month  as  refunds  to  taxpayers  for
20    overpayment of liability.
21        For  greater simplicity of administration, manufacturers,
22    importers and wholesalers whose products are sold  at  retail
23    in Illinois by numerous retailers, and who wish to do so, may
24    assume  the  responsibility  for accounting and paying to the
25    Department all tax accruing under this Act  with  respect  to
26    such  sales,  if  the  retailers who are affected do not make
27    written objection to the Department to this arrangement.
28    (Source: P.A.  91-37,  eff.  7-1-99;  91-51,  eff.   6-30-99;
29    91-101,  eff.  7-12-99;  91-541,  eff.  8-13-99; 91-872, eff.
30    7-1-00; 91-901, eff. 1-1-01; 92-12, eff. 7-1-01; 92-16,  eff.
31    6-28-01;  92-208,  eff.  8-2-01; 92-492, eff. 1-1-02; 92-600,
32    eff. 6-28-02; 92-651, eff. 7-11-02.)

33        Section 10.  The  Service  Use  Tax  Act  is  amended  by
 
                            -20-     LRB093 03287 SJM 03304 b
 1    changing Section 9 as follows:

 2        (35 ILCS 110/9) (from Ch. 120, par. 439.39)
 3        Sec.   9.  Each  serviceman  required  or  authorized  to
 4    collect the tax herein imposed shall pay  to  the  Department
 5    the  amount of such tax (except as otherwise provided) at the
 6    time when he is required to file his return  for  the  period
 7    during  which such tax was collected, less a discount of 2.1%
 8    prior to January 1, 1990 and 1.75% on and  after  January  1,
 9    1990, or $5 per calendar year, whichever is greater, which is
10    allowed  to reimburse the serviceman for expenses incurred in
11    collecting the tax, keeping  records,  preparing  and  filing
12    returns,   remitting  the  tax  and  supplying  data  to  the
13    Department on request. A serviceman need not remit that  part
14    of any tax collected by him to the extent that he is required
15    to pay and does pay the tax imposed by the Service Occupation
16    Tax  Act  with  respect  to his sale of service involving the
17    incidental transfer by him of the same property. Beginning on
18    January 1, 2004, a retailer or serviceman is allowed to  take
19    the  1.75%  or  $5  discount,  as  appropriate, for the first
20    $1,000,000 in sales in the aggregate in a calendar year under
21    the Use Tax  Act,  the  Service  Use  Tax  Act,  the  Service
22    Occupation Tax Act, and the Retailers' Occupation Tax Act. No
23    discount  may  be  taken  for  sales  above $1,000,000 in the
24    aggregate in a calendar year under these Acts.
25        Except as provided hereinafter in  this  Section,  on  or
26    before  the  twentieth  day  of  each  calendar  month,  such
27    serviceman  shall  file  a  return for the preceding calendar
28    month in accordance with reasonable Rules and Regulations  to
29    be  promulgated by the Department. Such return shall be filed
30    on a form prescribed by the Department and shall contain such
31    information as the Department may reasonably require.
32        The Department may require  returns  to  be  filed  on  a
33    quarterly  basis.  If so required, a return for each calendar
 
                            -21-     LRB093 03287 SJM 03304 b
 1    quarter shall be filed on or before the twentieth day of  the
 2    calendar  month  following  the end of such calendar quarter.
 3    The taxpayer shall also file a return with the Department for
 4    each of the first two months of each calendar quarter, on  or
 5    before  the  twentieth  day  of the following calendar month,
 6    stating:
 7             1.  The name of the seller;
 8             2.  The address of the principal place  of  business
 9        from which he engages in business as a serviceman in this
10        State;
11             3.  The total amount of taxable receipts received by
12        him   during  the  preceding  calendar  month,  including
13        receipts  from  charge  and  time  sales,  but  less  all
14        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
29    has  an  average  monthly  tax  liability of $100,000 or more
30    shall make all payments required by rules of  the  Department
31    by  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,
 
                            -22-     LRB093 03287 SJM 03304 b
 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. Beginning on October 1, 2002, a  taxpayer  who
13    has a tax liability in the amount set forth in subsection (b)
14    of  Section  2505-210  of the Department of Revenue Law shall
15    make all payments required by  rules  of  the  Department  by
16    electronic funds transfer.
17        Before  August  1  of  each  year  beginning in 1993, the
18    Department  shall  notify  all  taxpayers  required  to  make
19    payments by electronic funds transfer. All taxpayers required
20    to make payments by  electronic  funds  transfer  shall  make
21    those payments for a minimum of one year beginning on October
22    1.
23        Any  taxpayer not required to make payments by electronic
24    funds transfer may make payments by electronic funds transfer
25    with the permission of the Department.
26        All taxpayers required  to  make  payment  by  electronic
27    funds  transfer  and  any taxpayers authorized to voluntarily
28    make payments by electronic funds transfer shall  make  those
29    payments in the manner authorized by the Department.
30        The Department shall adopt such rules as are necessary to
31    effectuate  a  program  of  electronic funds transfer and the
32    requirements of this Section.
33        If the serviceman is otherwise required to file a monthly
34    return and if the serviceman's average monthly tax  liability
 
                            -23-     LRB093 03287 SJM 03304 b
 1    to  the  Department  does not exceed $200, the Department may
 2    authorize his returns to be filed on a quarter annual  basis,
 3    with  the  return  for January, February and March of a given
 4    year being due by April 20 of such year; with the return  for
 5    April,  May  and June of a given year being due by July 20 of
 6    such year; with the return for July, August and September  of
 7    a  given  year being due by October 20 of such year, and with
 8    the return for October, November and December of a given year
 9    being due by January 20 of the following year.
10        If the serviceman is otherwise required to file a monthly
11    or quarterly return and if the serviceman's  average  monthly
12    tax  liability  to  the  Department  does not exceed $50, the
13    Department may authorize his returns to be filed on an annual
14    basis, with the return for a given year being due by  January
15    20 of the following year.
16        Such  quarter  annual  and annual returns, as to form and
17    substance, shall be  subject  to  the  same  requirements  as
18    monthly returns.
19        Notwithstanding   any   other   provision   in  this  Act
20    concerning the time within which a serviceman  may  file  his
21    return, in the case of any serviceman who ceases to engage in
22    a  kind  of  business  which makes him responsible for filing
23    returns under this Act, such serviceman shall  file  a  final
24    return  under  this  Act  with the Department not more than 1
25    month after discontinuing such business.
26        Where a serviceman collects the tax with respect  to  the
27    selling  price  of  property which he sells and the purchaser
28    thereafter returns such property and the  serviceman  refunds
29    the  selling  price thereof to the purchaser, such serviceman
30    shall also refund, to the purchaser,  the  tax  so  collected
31    from  the purchaser. When filing his return for the period in
32    which he refunds such tax to the  purchaser,  the  serviceman
33    may  deduct  the  amount of the tax so refunded by him to the
34    purchaser from any other Service Use Tax, Service  Occupation
 
                            -24-     LRB093 03287 SJM 03304 b
 1    Tax,   retailers'  occupation  tax  or  use  tax  which  such
 2    serviceman may be required to pay or remit to the Department,
 3    as shown by such return, provided that the amount of the  tax
 4    to  be  deducted  shall  previously have been remitted to the
 5    Department by such serviceman. If the  serviceman  shall  not
 6    previously  have  remitted  the  amount  of  such  tax to the
 7    Department, he shall be entitled to  no  deduction  hereunder
 8    upon refunding such tax to the purchaser.
 9        Any  serviceman  filing  a  return  hereunder  shall also
10    include the total tax upon  the  selling  price  of  tangible
11    personal  property purchased for use by him as an incident to
12    a sale of service, and such serviceman shall remit the amount
13    of such tax to the Department when filing such return.
14        If experience indicates such action  to  be  practicable,
15    the  Department  may  prescribe  and furnish a combination or
16    joint return which will enable servicemen, who  are  required
17    to   file  returns  hereunder  and  also  under  the  Service
18    Occupation Tax Act, to furnish  all  the  return  information
19    required by both Acts on the one form.
20        Where   the   serviceman   has  more  than  one  business
21    registered with the Department  under  separate  registration
22    hereunder, such serviceman shall not file each return that is
23    due   as   a  single  return  covering  all  such  registered
24    businesses, but shall file separate  returns  for  each  such
25    registered business.
26        Beginning  January  1,  1990,  each  month the Department
27    shall pay into the State and Local Tax Reform Fund, a special
28    fund in the State Treasury, the net revenue realized for  the
29    preceding  month  from  the 1% tax on sales of food for human
30    consumption which is to be consumed off the premises where it
31    is sold (other than alcoholic beverages, soft drinks and food
32    which  has  been  prepared  for  immediate  consumption)  and
33    prescription and nonprescription  medicines,  drugs,  medical
34    appliances and insulin, urine testing materials, syringes and
 
                            -25-     LRB093 03287 SJM 03304 b
 1    needles used by diabetics.
 2        Beginning  January  1,  1990,  each  month the Department
 3    shall pay into the State and Local Sales Tax Reform Fund  20%
 4    of  the net revenue realized for the preceding month from the
 5    6.25%  general  rate  on  transfers  of   tangible   personal
 6    property,  other  than  tangible  personal  property which is
 7    purchased outside Illinois at  retail  from  a  retailer  and
 8    which  is  titled  or registered by an agency of this State's
 9    government.
10        Beginning August 1, 2000, each month the Department shall
11    pay into the State and Local Sales Tax Reform  Fund  100%  of
12    the  net  revenue  realized  for the preceding month from the
13    1.25% rate on the selling price of motor fuel and gasohol.
14        Of the remainder of the moneys received by the Department
15    pursuant to this Act, (a)  1.75% thereof shall be  paid  into
16    the  Build  Illinois Fund and (b) prior to July 1, 1989, 2.2%
17    and on and after July 1, 1989, 3.8% thereof  shall  be   paid
18    into  the  Build Illinois Fund; provided, however, that if in
19    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
20    as the case may be, of the moneys received by the  Department
21    and required to be paid into the Build Illinois Fund pursuant
22    to  Section 3 of the Retailers' Occupation Tax Act, Section 9
23    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
24    Section 9 of the Service Occupation Tax Act, such Acts  being
25    hereinafter  called the "Tax Acts" and such aggregate of 2.2%
26    or 3.8%, as the case may  be,  of  moneys  being  hereinafter
27    called  the  "Tax Act Amount", and (2) the amount transferred
28    to the Build Illinois Fund from the State and Local Sales Tax
29    Reform Fund shall be less than the Annual  Specified   Amount
30    (as  defined  in  Section  3 of the Retailers' Occupation Tax
31    Act), an amount equal to the difference shall be  immediately
32    paid  into the Build Illinois Fund from other moneys received
33    by the Department pursuant  to  the  Tax  Acts;  and  further
34    provided,  that  if on the last business day of any month the
 
                            -26-     LRB093 03287 SJM 03304 b
 1    sum of (1) the Tax Act Amount required to be  deposited  into
 2    the  Build  Illinois  Bond Account in the Build Illinois Fund
 3    during such month and (2) the amount transferred during  such
 4    month  to  the  Build  Illinois Fund from the State and Local
 5    Sales Tax Reform Fund shall have been less than 1/12  of  the
 6    Annual  Specified  Amount,  an amount equal to the difference
 7    shall be immediately paid into the Build Illinois  Fund  from
 8    other  moneys  received by the Department pursuant to the Tax
 9    Acts; and, further provided,  that  in  no  event  shall  the
10    payments  required  under  the  preceding  proviso  result in
11    aggregate payments into the Build Illinois Fund  pursuant  to
12    this  clause (b) for any fiscal year in excess of the greater
13    of (i) the Tax Act Amount or (ii) the Annual Specified Amount
14    for such fiscal year; and, further provided, that the amounts
15    payable into the Build Illinois Fund under  this  clause  (b)
16    shall be payable only until such time as the aggregate amount
17    on  deposit  under each trust indenture securing Bonds issued
18    and outstanding pursuant to the Build Illinois  Bond  Act  is
19    sufficient, taking into account any future investment income,
20    to  fully provide, in accordance with such indenture, for the
21    defeasance of or the payment of the principal of, premium, if
22    any, and interest on the Bonds secured by such indenture  and
23    on  any  Bonds  expected to be issued thereafter and all fees
24    and costs payable with respect thereto, all as  certified  by
25    the  Director  of  the  Bureau of the Budget.  If on the last
26    business day of any month  in  which  Bonds  are  outstanding
27    pursuant to the Build Illinois Bond Act, the aggregate of the
28    moneys  deposited  in  the Build Illinois Bond Account in the
29    Build Illinois Fund in such month  shall  be  less  than  the
30    amount  required  to  be  transferred  in such month from the
31    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
32    Retirement  and  Interest  Fund pursuant to Section 13 of the
33    Build Illinois Bond Act, an amount equal to  such  deficiency
34    shall  be  immediately paid from other moneys received by the
 
                            -27-     LRB093 03287 SJM 03304 b
 1    Department pursuant to the Tax Acts  to  the  Build  Illinois
 2    Fund;  provided,  however, that any amounts paid to the Build
 3    Illinois Fund in any fiscal year pursuant  to  this  sentence
 4    shall be deemed to constitute payments pursuant to clause (b)
 5    of  the  preceding  sentence  and  shall  reduce  the  amount
 6    otherwise payable for such fiscal year pursuant to clause (b)
 7    of  the  preceding  sentence.   The  moneys  received  by the
 8    Department pursuant to this Act and required to be  deposited
 9    into the Build Illinois Fund are subject to the pledge, claim
10    and charge set forth in Section 12 of the Build Illinois Bond
11    Act.
12        Subject  to  payment  of  amounts into the Build Illinois
13    Fund as  provided  in  the  preceding  paragraph  or  in  any
14    amendment  thereto hereafter enacted, the following specified
15    monthly  installment  of  the   amount   requested   in   the
16    certificate  of  the  Chairman  of  the Metropolitan Pier and
17    Exposition Authority provided  under  Section  8.25f  of  the
18    State  Finance  Act, but not in excess of the sums designated
19    as "Total Deposit", shall be deposited in the aggregate  from
20    collections  under Section 9 of the Use Tax Act, Section 9 of
21    the Service Use Tax Act, Section 9 of the Service  Occupation
22    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
23    into the  McCormick  Place  Expansion  Project  Fund  in  the
24    specified fiscal years.
25               Fiscal Year                           Total Deposit
26                   1993                                        $0
27                   1994                                53,000,000
28                   1995                                58,000,000
29                   1996                                61,000,000
30                   1997                                64,000,000
31                   1998                                68,000,000
32                   1999                                71,000,000
33                   2000                                75,000,000
34                   2001                                80,000,000
 
                            -28-     LRB093 03287 SJM 03304 b
 1                   2002                                93,000,000
 2                   2003                                99,000,000
 3                   2004                               103,000,000
 4                   2005                               108,000,000
 5                   2006                               113,000,000
 6                   2007                               119,000,000
 7                   2008                               126,000,000
 8                   2009                               132,000,000
 9                   2010                               139,000,000
10                   2011                               146,000,000
11                   2012                               153,000,000
12                   2013                               161,000,000
13                   2014                               170,000,000
14                   2015                               179,000,000
15                   2016                               189,000,000
16                   2017                               199,000,000
17                   2018                               210,000,000
18                   2019                               221,000,000
19                   2020                               233,000,000
20                   2021                               246,000,000
21                   2022                               260,000,000
22                 2023 and                             275,000,000
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.
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
 
                            -29-     LRB093 03287 SJM 03304 b
 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  amendments  thereto
12    hereafter  enacted,  beginning  July  1, 1993, the Department
13    shall each month pay into the  Illinois  Tax  Increment  Fund
14    0.27%  of  80%  of the net revenue realized for the preceding
15    month from the 6.25% general rate on  the  selling  price  of
16    tangible personal property.
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 with the receipt  of  the  first
21    report  of  taxes paid by an eligible business and continuing
22    for a 25-year period, the Department  shall  each  month  pay
23    into  the  Energy  Infrastructure Fund 80% of the net revenue
24    realized from the 6.25% general rate on the selling price  of
25    Illinois-mined  coal  that  was sold to an eligible business.
26    For purposes of this paragraph, the term "eligible  business"
27    means  a  new electric generating facility certified pursuant
28    to  Section  605-332  of  the  Department  of  Commerce   and
29    Community  Affairs  Law  of  the Civil Administrative Code of
30    Illinois.
31        All remaining moneys received by the Department  pursuant
32    to  this  Act  shall be paid into the General Revenue Fund of
33    the State Treasury.
34        As soon as possible after the first day  of  each  month,
 
                            -30-     LRB093 03287 SJM 03304 b
 1    upon   certification   of  the  Department  of  Revenue,  the
 2    Comptroller shall order transferred and the  Treasurer  shall
 3    transfer  from the General Revenue Fund to the Motor Fuel Tax
 4    Fund an amount equal to  1.7%  of  80%  of  the  net  revenue
 5    realized  under  this  Act  for  the  second preceding month.
 6    Beginning April 1, 2000, this transfer is no longer  required
 7    and shall not be made.
 8        Net  revenue  realized  for  a month shall be the revenue
 9    collected by the State pursuant to this Act, less the  amount
10    paid  out  during  that  month  as  refunds  to taxpayers for
11    overpayment of liability.
12    (Source: P.A.  91-37,  eff.  7-1-99;  91-51,  eff.   6-30-99;
13    91-101,  eff.  7-12-99;  91-541,  eff.  8-13-99; 91-872, eff.
14    7-1-00; 92-12, eff. 7-1-01; 92-208, eff. 8-2-01; 92-492, eff.
15    1-1-02; 92-600, eff. 6-28-02; 92-651, eff. 7-11-02.)

16        Section 15.  The Service Occupation Tax Act is amended by
17    changing Section 9 as follows:

18        (35 ILCS 115/9) (from Ch. 120, par. 439.109)
19        Sec.  9.   Each  serviceman  required  or  authorized  to
20    collect the tax herein imposed shall pay  to  the  Department
21    the  amount  of  such  tax at the time when he is required to
22    file his return for the period  during  which  such  tax  was
23    collectible,  less  a  discount  of  2.1% prior to January 1,
24    1990, and 1.75% on and after  January  1,  1990,  or  $5  per
25    calendar  year,  whichever  is  greater,  which is allowed to
26    reimburse the serviceman for expenses incurred in  collecting
27    the  tax,  keeping  records,  preparing  and  filing returns,
28    remitting the tax and supplying data  to  the  Department  on
29    request.   Beginning  on  January  1,  2004,  a  retailer  or
30    serviceman is allowed to take the 1.75% or  $5  discount,  as
31    appropriate,  for  the  first  $1,000,000  in  sales  in  the
32    aggregate  in  a  calendar  year  under  the Use Tax Act, the
 
                            -31-     LRB093 03287 SJM 03304 b
 1    Service Use Tax Act, the Service Occupation Tax Act, and  the
 2    Retailers'  Occupation  Tax Act. No discount may be taken for
 3    sales above $1,000,000 in the aggregate in  a  calendar  year
 4    under these Acts.
 5        Where  such  tangible  personal  property is sold under a
 6    conditional sales contract, or under any other form  of  sale
 7    wherein  the payment of the principal sum, or a part thereof,
 8    is extended beyond the close of  the  period  for  which  the
 9    return  is  filed,  the serviceman, in collecting the tax may
10    collect, for each tax return period, only the tax  applicable
11    to  the  part  of  the selling price actually received during
12    such tax return period.
13        Except as provided hereinafter in  this  Section,  on  or
14    before  the  twentieth  day  of  each  calendar  month,  such
15    serviceman  shall  file  a  return for the preceding calendar
16    month in accordance with reasonable rules and regulations  to
17    be  promulgated  by  the  Department of Revenue.  Such return
18    shall be filed on a form prescribed  by  the  Department  and
19    shall   contain   such  information  as  the  Department  may
20    reasonably require.
21        The Department may require  returns  to  be  filed  on  a
22    quarterly  basis.  If so required, a return for each calendar
23    quarter shall be filed on or before the twentieth day of  the
24    calendar  month  following  the end of such calendar quarter.
25    The taxpayer shall also file a return with the Department for
26    each of the first two months of each calendar quarter, on  or
27    before  the  twentieth  day  of the following calendar month,
28    stating:
29             1.  The name of the seller;
30             2.  The address of the principal place  of  business
31        from which he engages in business as a serviceman in this
32        State;
33             3.  The total amount of taxable receipts received by
34        him   during  the  preceding  calendar  month,  including
 
                            -32-     LRB093 03287 SJM 03304 b
 1        receipts  from  charge  and  time  sales,  but  less  all
 2        deductions allowed by law;
 3             4.  The amount of credit provided in Section  2d  of
 4        this Act;
 5             5.  The amount of tax due;
 6             5-5.  The signature of the taxpayer; and
 7             6.  Such   other   reasonable   information  as  the
 8        Department may require.
 9        If a taxpayer fails to sign a return within 30 days after
10    the proper notice and demand for signature by the Department,
11    the return shall be considered valid and any amount shown  to
12    be due on the return shall be deemed assessed.
13        A  serviceman may accept a Manufacturer's Purchase Credit
14    certification from a purchaser in satisfaction of Service Use
15    Tax as provided in Section 3-70 of the Service Use Tax Act if
16    the  purchaser  provides  the  appropriate  documentation  as
17    required by Section 3-70 of the  Service  Use  Tax  Act.    A
18    Manufacturer's  Purchase  Credit certification, accepted by a
19    serviceman as provided in Section 3-70 of the Service Use Tax
20    Act, may be  used  by  that  serviceman  to  satisfy  Service
21    Occupation  Tax  liability  in  the  amount  claimed  in  the
22    certification, not to exceed 6.25% of the receipts subject to
23    tax from a qualifying purchase.
24        If  the serviceman's average monthly tax liability to the
25    Department does not exceed $200, the Department may authorize
26    his returns to be filed on a quarter annual basis,  with  the
27    return  for January, February and March of a given year being
28    due by April 20 of such year; with the return for April,  May
29    and  June  of a given year being due by July 20 of such year;
30    with the return for July, August and  September  of  a  given
31    year  being  due  by  October  20  of such year, and with the
32    return for October, November and December  of  a  given  year
33    being due by January 20 of the following year.
34        If  the serviceman's average monthly tax liability to the
 
                            -33-     LRB093 03287 SJM 03304 b
 1    Department does not exceed $50, the Department may  authorize
 2    his  returns  to be filed on an annual basis, with the return
 3    for a given year being due by January  20  of  the  following
 4    year.
 5        Such  quarter  annual  and annual returns, as to form and
 6    substance, shall be  subject  to  the  same  requirements  as
 7    monthly returns.
 8        Notwithstanding   any   other   provision   in  this  Act
 9    concerning the time within which a serviceman  may  file  his
10    return, in the case of any serviceman who ceases to engage in
11    a  kind  of  business  which makes him responsible for filing
12    returns under this Act, such serviceman shall  file  a  final
13    return  under  this  Act  with the Department not more than 1
14    month after discontinuing such business.
15        Beginning October 1, 1993, a taxpayer who has an  average
16    monthly  tax  liability  of  $150,000  or more shall make all
17    payments required by rules of the  Department  by  electronic
18    funds  transfer.   Beginning  October 1, 1994, a taxpayer who
19    has an average monthly tax  liability  of  $100,000  or  more
20    shall  make  all payments required by rules of the Department
21    by electronic funds transfer.  Beginning October 1,  1995,  a
22    taxpayer  who has an average monthly tax liability of $50,000
23    or more shall make all payments  required  by  rules  of  the
24    Department  by  electronic funds transfer.  Beginning October
25    1, 2000, a taxpayer  who  has  an  annual  tax  liability  of
26    $200,000 or more shall make all payments required by rules of
27    the  Department  by  electronic  funds  transfer.   The  term
28    "annual  tax  liability"  shall  be the sum of the taxpayer's
29    liabilities under this Act, and under  all  other  State  and
30    local  occupation  and  use  tax  laws  administered  by  the
31    Department,  for the immediately preceding calendar year. The
32    term "average monthly tax liability" means  the  sum  of  the
33    taxpayer's  liabilities  under  this Act, and under all other
34    State and local occupation and use tax laws  administered  by
 
                            -34-     LRB093 03287 SJM 03304 b
 1    the  Department,  for the immediately preceding calendar year
 2    divided by 12. Beginning on October 1, 2002, a  taxpayer  who
 3    has a tax liability in the amount set forth in subsection (b)
 4    of  Section  2505-210  of the Department of Revenue Law shall
 5    make all payments required by  rules  of  the  Department  by
 6    electronic funds transfer.
 7        Before  August  1  of  each  year  beginning in 1993, the
 8    Department  shall  notify  all  taxpayers  required  to  make
 9    payments  by  electronic  funds  transfer.    All   taxpayers
10    required  to make payments by electronic funds transfer shall
11    make those payments for a minimum of one  year  beginning  on
12    October 1.
13        Any  taxpayer not required to make payments by electronic
14    funds transfer may make payments by electronic funds transfer
15    with the permission of the Department.
16        All taxpayers required  to  make  payment  by  electronic
17    funds  transfer  and  any taxpayers authorized to voluntarily
18    make payments by electronic funds transfer shall  make  those
19    payments in the manner authorized by the Department.
20        The Department shall adopt such rules as are necessary to
21    effectuate  a  program  of  electronic funds transfer and the
22    requirements of this Section.
23        Where a serviceman 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 serviceman refunds the selling price thereof
27    to  the  purchaser, such serviceman 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 serviceman may deduct the amount of the
31    tax  so  refunded  by  him  to  the  purchaser from any other
32    Service  Occupation  Tax,   Service   Use   Tax,   Retailers'
33    Occupation  Tax  or  Use  Tax  which  such  serviceman may be
34    required to pay or remit to the Department, as shown by  such
 
                            -35-     LRB093 03287 SJM 03304 b
 1    return,  provided  that  the amount of the tax to be deducted
 2    shall previously have been remitted to the Department by such
 3    serviceman.  If the  serviceman  shall  not  previously  have
 4    remitted  the  amount of such tax to the Department, he shall
 5    be entitled to no deduction hereunder upon refunding such tax
 6    to the purchaser.
 7        If experience indicates such action  to  be  practicable,
 8    the  Department  may  prescribe  and furnish a combination or
 9    joint return which will enable servicemen, who  are  required
10    to  file  returns  hereunder  and  also  under the Retailers'
11    Occupation Tax Act, the Use Tax Act or the  Service  Use  Tax
12    Act,  to  furnish  all the return information required by all
13    said Acts on the one form.
14        Where  the  serviceman  has  more   than   one   business
15    registered  with  the Department under separate registrations
16    hereunder, such serviceman shall file  separate  returns  for
17    each registered business.
18        Beginning  January  1,  1990,  each  month the Department
19    shall pay into the Local  Government  Tax  Fund  the  revenue
20    realized  for the preceding month from the 1% tax on sales of
21    food for human consumption which is to be  consumed  off  the
22    premises  where  it  is sold (other than alcoholic beverages,
23    soft drinks and food which has been  prepared  for  immediate
24    consumption)  and prescription and nonprescription medicines,
25    drugs,  medical  appliances  and   insulin,   urine   testing
26    materials, syringes and needles used by diabetics.
27        Beginning  January  1,  1990,  each  month the Department
28    shall pay into the County and Mass Transit District  Fund  4%
29    of  the  revenue  realized  for  the preceding month from the
30    6.25% general rate.
31        Beginning August 1, 2000, each month the Department shall
32    pay into the County and Mass Transit District Fund 20% of the
33    net revenue realized for the preceding month from  the  1.25%
34    rate on the selling price of motor fuel and gasohol.
 
                            -36-     LRB093 03287 SJM 03304 b
 1        Beginning  January  1,  1990,  each  month the Department
 2    shall pay into the Local  Government  Tax  Fund  16%  of  the
 3    revenue  realized  for  the  preceding  month  from the 6.25%
 4    general rate on transfers of tangible personal property.
 5        Beginning August 1, 2000, each month the Department shall
 6    pay into the Local Government Tax Fund 80% of the net revenue
 7    realized for the preceding month from the 1.25% rate  on  the
 8    selling price of motor fuel and gasohol.
 9        Of the remainder of the moneys received by the Department
10    pursuant  to  this  Act, (a) 1.75% thereof shall be paid into
11    the Build Illinois Fund and (b) prior to July 1,  1989,  2.2%
12    and  on  and  after  July 1, 1989, 3.8% thereof shall be paid
13    into the Build Illinois Fund; provided, however, that  if  in
14    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
15    as  the case may be, of the moneys received by the Department
16    and required to be paid into the Build Illinois Fund pursuant
17    to Section 3 of the Retailers' Occupation Tax Act, Section  9
18    of the Use Tax Act, Section 9 of the Service Use Tax Act, and
19    Section  9 of the Service Occupation Tax Act, such Acts being
20    hereinafter called the "Tax Acts" and such aggregate of  2.2%
21    or  3.8%,  as  the  case  may be, of moneys being hereinafter
22    called the "Tax Act Amount", and (2) the  amount  transferred
23    to the Build Illinois Fund from the State and Local Sales Tax
24    Reform  Fund  shall  be less than the Annual Specified Amount
25    (as defined in Section 3 of  the  Retailers'  Occupation  Tax
26    Act),  an amount equal to the difference shall be immediately
27    paid into the Build Illinois Fund from other moneys  received
28    by  the  Department  pursuant  to  the  Tax Acts; and further
29    provided, that if on the last business day of any  month  the
30    sum  of  (1) the Tax Act Amount required to be deposited into
31    the Build Illinois Account in the Build Illinois Fund  during
32    such  month  and (2) the amount transferred during such month
33    to the Build Illinois Fund from the State and Local Sales Tax
34    Reform Fund shall have been less  than  1/12  of  the  Annual
 
                            -37-     LRB093 03287 SJM 03304 b
 1    Specified  Amount, an amount equal to the difference shall be
 2    immediately paid into the  Build  Illinois  Fund  from  other
 3    moneys  received  by the Department pursuant to the Tax Acts;
 4    and, further provided, that in no event  shall  the  payments
 5    required  under  the  preceding  proviso  result in aggregate
 6    payments into the Build Illinois Fund pursuant to this clause
 7    (b) for any fiscal year in excess of the greater of  (i)  the
 8    Tax  Act  Amount or (ii) the Annual Specified Amount for such
 9    fiscal year; and, further provided, that the amounts  payable
10    into  the  Build Illinois Fund under this clause (b) shall be
11    payable only until such  time  as  the  aggregate  amount  on
12    deposit  under each trust indenture securing Bonds issued and
13    outstanding pursuant  to  the  Build  Illinois  Bond  Act  is
14    sufficient, taking into account any future investment income,
15    to  fully provide, in accordance with such indenture, for the
16    defeasance of or the payment of the principal of, premium, if
17    any, and interest on the Bonds secured by such indenture  and
18    on  any  Bonds  expected to be issued thereafter and all fees
19    and costs payable with respect thereto, all as  certified  by
20    the  Director  of  the  Bureau of the Budget.  If on the last
21    business day of any month  in  which  Bonds  are  outstanding
22    pursuant to the Build Illinois Bond Act, the aggregate of the
23    moneys  deposited  in  the Build Illinois Bond Account in the
24    Build Illinois Fund in such month  shall  be  less  than  the
25    amount  required  to  be  transferred  in such month from the
26    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
27    Retirement  and  Interest  Fund pursuant to Section 13 of the
28    Build Illinois Bond Act, an amount equal to  such  deficiency
29    shall  be  immediately paid from other moneys received by the
30    Department pursuant to the Tax Acts  to  the  Build  Illinois
31    Fund;  provided,  however, that any amounts paid to the Build
32    Illinois Fund in any fiscal year pursuant  to  this  sentence
33    shall be deemed to constitute payments pursuant to clause (b)
34    of  the  preceding  sentence  and  shall  reduce  the  amount
 
                            -38-     LRB093 03287 SJM 03304 b
 1    otherwise payable for such fiscal year pursuant to clause (b)
 2    of  the  preceding  sentence.   The  moneys  received  by the
 3    Department pursuant to this Act and required to be  deposited
 4    into the Build Illinois Fund are subject to the pledge, claim
 5    and charge set forth in Section 12 of the Build Illinois Bond
 6    Act.
 7        Subject  to  payment  of  amounts into the Build Illinois
 8    Fund as  provided  in  the  preceding  paragraph  or  in  any
 9    amendment  thereto hereafter enacted, the following specified
10    monthly  installment  of  the   amount   requested   in   the
11    certificate  of  the  Chairman  of  the Metropolitan Pier and
12    Exposition Authority provided  under  Section  8.25f  of  the
13    State  Finance  Act, but not in excess of the sums designated
14    as "Total Deposit", shall be deposited in the aggregate  from
15    collections  under Section 9 of the Use Tax Act, Section 9 of
16    the Service Use Tax Act, Section 9 of the Service  Occupation
17    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
18    into the  McCormick  Place  Expansion  Project  Fund  in  the
19    specified fiscal years.
20               Fiscal Year                           Total Deposit
21                   1993                                        $0
22                   1994                                53,000,000
23                   1995                                58,000,000
24                   1996                                61,000,000
25                   1997                                64,000,000
26                   1998                                68,000,000
27                   1999                                71,000,000
28                   2000                                75,000,000
29                   2001                                80,000,000
30                   2002                                93,000,000
31                   2003                                99,000,000
32                   2004                               103,000,000
33                   2005                               108,000,000
34                   2006                               113,000,000
 
                            -39-     LRB093 03287 SJM 03304 b
 1                   2007                               119,000,000
 2                   2008                               126,000,000
 3                   2009                               132,000,000
 4                   2010                               139,000,000
 5                   2011                               146,000,000
 6                   2012                               153,000,000
 7                   2013                               161,000,000
 8                   2014                               170,000,000
 9                   2015                               179,000,000
10                   2016                               189,000,000
11                   2017                               199,000,000
12                   2018                               210,000,000
13                   2019                               221,000,000
14                   2020                               233,000,000
15                   2021                               246,000,000
16                   2022                               260,000,000
17                 2023 and                             275,000,000
18    each fiscal year
19    thereafter that bonds
20    are outstanding under
21    Section 13.2 of the
22    Metropolitan Pier and
23    Exposition Authority
24    Act, but not after fiscal year 2042.
25        Beginning  July 20, 1993 and in each month of each fiscal
26    year thereafter, one-eighth of the amount  requested  in  the
27    certificate  of  the  Chairman  of  the Metropolitan Pier and
28    Exposition Authority for that fiscal year,  less  the  amount
29    deposited  into the McCormick Place Expansion Project Fund by
30    the State Treasurer in the respective month under  subsection
31    (g)  of  Section  13  of the Metropolitan Pier and Exposition
32    Authority Act, plus cumulative deficiencies in  the  deposits
33    required  under  this  Section for previous months and years,
34    shall be deposited into the McCormick Place Expansion Project
 
                            -40-     LRB093 03287 SJM 03304 b
 1    Fund, until the full amount requested for  the  fiscal  year,
 2    but  not  in  excess  of the amount specified above as "Total
 3    Deposit", has been deposited.
 4        Subject to payment of amounts  into  the  Build  Illinois
 5    Fund  and the McCormick Place Expansion Project Fund pursuant
 6    to the preceding paragraphs  or  in  any  amendments  thereto
 7    hereafter  enacted,  beginning  July  1, 1993, the Department
 8    shall each month pay into the  Illinois  Tax  Increment  Fund
 9    0.27%  of  80%  of the net revenue realized for the preceding
10    month from the 6.25% general rate on  the  selling  price  of
11    tangible personal property.
12        Subject  to  payment  of  amounts into the Build Illinois
13    Fund and the McCormick Place Expansion Project Fund  pursuant
14    to  the  preceding  paragraphs  or  in any amendments thereto
15    hereafter enacted, beginning with the receipt  of  the  first
16    report  of  taxes paid by an eligible business and continuing
17    for a 25-year period, the Department  shall  each  month  pay
18    into  the  Energy  Infrastructure Fund 80% of the net revenue
19    realized from the 6.25% general rate on the selling price  of
20    Illinois-mined  coal  that  was sold to an eligible business.
21    For purposes of this paragraph, the term "eligible  business"
22    means  a  new electric generating facility certified pursuant
23    to  Section  605-332  of  the  Department  of  Commerce   and
24    Community  Affairs  Law  of  the Civil Administrative Code of
25    Illinois.
26        Remaining moneys received by the Department  pursuant  to
27    this  Act  shall be paid into the General Revenue Fund of the
28    State Treasury.
29        The Department may, upon separate  written  notice  to  a
30    taxpayer,  require  the taxpayer to prepare and file with the
31    Department on a form prescribed by the Department within  not
32    less  than  60  days  after  receipt  of the notice an annual
33    information return for the tax year specified in the  notice.
34    Such   annual  return  to  the  Department  shall  include  a
 
                            -41-     LRB093 03287 SJM 03304 b
 1    statement of gross receipts as shown by the  taxpayer's  last
 2    Federal  income  tax  return.   If  the total receipts of the
 3    business as reported in the Federal income tax return do  not
 4    agree  with  the gross receipts reported to the Department of
 5    Revenue for the same period, the taxpayer shall attach to his
 6    annual return a schedule showing a reconciliation  of  the  2
 7    amounts  and  the reasons for the difference.  The taxpayer's
 8    annual return to the Department shall also disclose the  cost
 9    of goods sold by the taxpayer during the year covered by such
10    return,  opening  and  closing  inventories of such goods for
11    such year, cost of goods used from stock or taken from  stock
12    and  given  away  by  the taxpayer during such year, pay roll
13    information of the taxpayer's business during such  year  and
14    any  additional  reasonable  information which the Department
15    deems would be helpful in determining  the  accuracy  of  the
16    monthly,  quarterly  or annual returns filed by such taxpayer
17    as hereinbefore provided for in this Section.
18        If the annual information return required by this Section
19    is not filed when and as  required,  the  taxpayer  shall  be
20    liable as follows:
21             (i)  Until  January  1,  1994, the taxpayer shall be
22        liable for a penalty equal to 1/6 of 1% of  the  tax  due
23        from such taxpayer under this Act during the period to be
24        covered  by  the annual return for each month or fraction
25        of a month until such return is filed  as  required,  the
26        penalty  to  be assessed and collected in the same manner
27        as any other penalty provided for in this Act.
28             (ii)  On and after January  1,  1994,  the  taxpayer
29        shall be liable for a penalty as described in Section 3-4
30        of the Uniform Penalty and Interest Act.
31        The chief executive officer, proprietor, owner or highest
32    ranking  manager  shall sign the annual return to certify the
33    accuracy of the information contained  therein.   Any  person
34    who  willfully  signs  the  annual return containing false or
 
                            -42-     LRB093 03287 SJM 03304 b
 1    inaccurate  information  shall  be  guilty  of  perjury   and
 2    punished  accordingly.   The annual return form prescribed by
 3    the Department  shall  include  a  warning  that  the  person
 4    signing the return may be liable for perjury.
 5        The  foregoing  portion  of  this  Section concerning the
 6    filing of an annual information return shall not apply  to  a
 7    serviceman  who  is not required to file an income tax return
 8    with the United States Government.
 9        As soon as possible after the first day  of  each  month,
10    upon   certification   of  the  Department  of  Revenue,  the
11    Comptroller shall order transferred and the  Treasurer  shall
12    transfer  from the General Revenue Fund to the Motor Fuel Tax
13    Fund an amount equal to  1.7%  of  80%  of  the  net  revenue
14    realized  under  this  Act  for  the  second preceding month.
15    Beginning April 1, 2000, this transfer is no longer  required
16    and shall not be made.
17        Net  revenue  realized  for  a month shall be the revenue
18    collected by the State pursuant to this Act, less the  amount
19    paid  out  during  that  month  as  refunds  to taxpayers for
20    overpayment of liability.
21        For greater simplicity of  administration,  it  shall  be
22    permissible  for  manufacturers,  importers  and  wholesalers
23    whose  products  are sold by numerous servicemen in Illinois,
24    and who wish to do  so,  to  assume  the  responsibility  for
25    accounting  and  paying  to  the  Department all tax accruing
26    under this Act with respect to such sales, if the  servicemen
27    who  are  affected  do  not  make  written  objection  to the
28    Department to this arrangement.
29    (Source: P.A.  91-37,  eff.  7-1-99;  91-51,  eff.   6-30-99;
30    91-101,  eff.  7-12-99;  91-541,  eff.  8-13-99; 91-872, eff.
31    7-1-00; 92-12, eff. 7-1-01; 92-208, eff. 8-2-01; 92-492, eff.
32    1-1-02; 92-600, eff. 6-28-02; 92-651, eff. 7-11-02.)

33        Section 20.  The Retailers' Occupation Tax Act is amended
 
                            -43-     LRB093 03287 SJM 03304 b
 1    by changing Section 3 as follows:

 2        (35 ILCS 120/3) (from Ch. 120, par. 442)
 3        Sec. 3.  Except as provided in this Section, on or before
 4    the twentieth  day  of  each  calendar  month,  every  person
 5    engaged in the business of selling tangible personal property
 6    at  retail  in this State during the preceding calendar month
 7    shall file a return with the Department, stating:
 8             1.  The name of the seller;
 9             2.  His residence address and  the  address  of  his
10        principal  place  of  business  and  the  address  of the
11        principal place of  business  (if  that  is  a  different
12        address) from which he engages in the business of selling
13        tangible personal property at retail in this State;
14             3.  Total  amount of receipts received by him during
15        the preceding calendar month or quarter, as the case  may
16        be,  from  sales  of tangible personal property, and from
17        services furnished, by him during such preceding calendar
18        month or quarter;
19             4.  Total  amount  received  by   him   during   the
20        preceding  calendar  month  or quarter on charge and time
21        sales of tangible personal property,  and  from  services
22        furnished, by him prior to the month or quarter for which
23        the return is filed;
24             5.  Deductions allowed by law;
25             6.  Gross receipts which were received by him during
26        the  preceding  calendar  month  or  quarter and upon the
27        basis of which the tax is imposed;
28             7.  The amount of credit provided in Section  2d  of
29        this Act;
30             8.  The amount of tax due;
31             9.  The signature of the taxpayer; and
32             10.  Such   other   reasonable  information  as  the
33        Department may require.
 
                            -44-     LRB093 03287 SJM 03304 b
 1        If a taxpayer fails to sign a return within 30 days after
 2    the proper notice and demand for signature by the Department,
 3    the return shall be considered valid and any amount shown  to
 4    be due on the return shall be deemed assessed.
 5        Each  return  shall  be  accompanied  by the statement of
 6    prepaid tax issued pursuant to Section 2e for which credit is
 7    claimed.
 8        A retailer may accept a  Manufacturer's  Purchase  Credit
 9    certification  from a purchaser in satisfaction of Use Tax as
10    provided in Section 3-85 of the Use Tax Act if the  purchaser
11    provides the appropriate documentation as required by Section
12    3-85  of  the  Use Tax Act.  A Manufacturer's Purchase Credit
13    certification, accepted by a retailer as provided in  Section
14    3-85  of  the  Use  Tax  Act, may be used by that retailer to
15    satisfy Retailers' Occupation Tax  liability  in  the  amount
16    claimed  in  the  certification,  not  to exceed 6.25% of the
17    receipts subject to tax from a qualifying purchase.
18        The Department may require  returns  to  be  filed  on  a
19    quarterly  basis.  If so required, a return for each calendar
20    quarter shall be filed on or before the twentieth day of  the
21    calendar  month  following  the end of such calendar quarter.
22    The taxpayer shall also file a return with the Department for
23    each of the first two months of each calendar quarter, on  or
24    before  the  twentieth  day  of the following calendar month,
25    stating:
26             1.  The name of the seller;
27             2.  The address of the principal place  of  business
28        from which he engages in the business of selling tangible
29        personal property at retail in this State;
30             3.  The total amount of taxable receipts received by
31        him  during  the  preceding  calendar month from sales of
32        tangible personal property by him during  such  preceding
33        calendar  month,  including receipts from charge and time
34        sales, but less all deductions allowed by law;
 
                            -45-     LRB093 03287 SJM 03304 b
 1             4.  The amount of credit provided in Section  2d  of
 2        this Act;
 3             5.  The amount of tax due; and
 4             6.  Such   other   reasonable   information  as  the
 5        Department may require.
 6        If a total amount of less than $1 is payable,  refundable
 7    or creditable, such amount shall be disregarded if it is less
 8    than  50 cents and shall be increased to $1 if it is 50 cents
 9    or more.
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" shall be 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. Beginning on October 1, 2002, a  taxpayer  who
32    has a tax liability in the amount set forth in subsection (b)
33    of  Section  2505-210  of the Department of Revenue Law shall
34    make all payments required by  rules  of  the  Department  by
 
                            -46-     LRB093 03287 SJM 03304 b
 1    electronic funds transfer.
 2        Before  August  1  of  each  year  beginning in 1993, the
 3    Department  shall  notify  all  taxpayers  required  to  make
 4    payments  by  electronic  funds  transfer.    All   taxpayers
 5    required  to make payments by electronic funds transfer shall
 6    make those payments for a minimum of one  year  beginning  on
 7    October 1.
 8        Any  taxpayer not required to make payments by electronic
 9    funds transfer may make payments by electronic funds transfer
10    with the permission of the Department.
11        All taxpayers required  to  make  payment  by  electronic
12    funds  transfer  and  any taxpayers authorized to voluntarily
13    make payments by electronic funds transfer shall  make  those
14    payments in the manner authorized by the Department.
15        The Department shall adopt such rules as are necessary to
16    effectuate  a  program  of  electronic funds transfer and the
17    requirements of this Section.
18        Any amount which is required to be shown or  reported  on
19    any  return  or  other document under this Act shall, if such
20    amount is not a whole-dollar  amount,  be  increased  to  the
21    nearest  whole-dollar amount in any case where the fractional
22    part of a dollar is 50 cents or more, and  decreased  to  the
23    nearest  whole-dollar  amount  where the fractional part of a
24    dollar is less than 50 cents.
25        If the retailer is otherwise required to file  a  monthly
26    return and if the retailer's average monthly tax liability to
27    the  Department  does  not  exceed  $200,  the Department may
28    authorize his returns to be filed on a quarter annual  basis,
29    with  the  return  for January, February and March of a given
30    year being due by April 20 of such year; with the return  for
31    April,  May  and June of a given year being due by July 20 of
32    such year; with the return for July, August and September  of
33    a  given  year being due by October 20 of such year, and with
34    the return for October, November and December of a given year
 
                            -47-     LRB093 03287 SJM 03304 b
 1    being due by January 20 of the following year.
 2        If the retailer is otherwise required to file  a  monthly
 3    or quarterly return and if the retailer's average monthly tax
 4    liability  with  the  Department  does  not  exceed  $50, the
 5    Department may authorize his returns to be filed on an annual
 6    basis, with the return for a given year being due by  January
 7    20 of the following year.
 8        Such  quarter  annual  and annual returns, as to form and
 9    substance, shall be  subject  to  the  same  requirements  as
10    monthly returns.
11        Notwithstanding   any   other   provision   in  this  Act
12    concerning the time within which  a  retailer  may  file  his
13    return, in the case of any retailer who ceases to engage in a
14    kind  of  business  which  makes  him  responsible for filing
15    returns under this Act, such  retailer  shall  file  a  final
16    return  under  this Act with the Department not more than one
17    month after discontinuing such business.
18        Where  the  same  person  has  more  than  one   business
19    registered  with  the Department under separate registrations
20    under this Act, such person may not file each return that  is
21    due   as   a  single  return  covering  all  such  registered
22    businesses, but shall file separate  returns  for  each  such
23    registered business.
24        In  addition, with respect to motor vehicles, watercraft,
25    aircraft, and trailers that are  required  to  be  registered
26    with  an  agency  of  this State, every retailer selling this
27    kind of tangible  personal  property  shall  file,  with  the
28    Department,  upon a form to be prescribed and supplied by the
29    Department, a separate return for each such item of  tangible
30    personal  property  which the retailer sells, except that if,
31    in  the  same  transaction,  (i)  a  retailer  of   aircraft,
32    watercraft,  motor  vehicles  or trailers transfers more than
33    one aircraft, watercraft, motor vehicle or trailer to another
34    aircraft,  watercraft,  motor  vehicle  retailer  or  trailer
 
                            -48-     LRB093 03287 SJM 03304 b
 1    retailer for the purpose of resale  or  (ii)  a  retailer  of
 2    aircraft,  watercraft,  motor vehicles, or trailers transfers
 3    more than one aircraft, watercraft, motor vehicle, or trailer
 4    to a purchaser for use  as  a  qualifying  rolling  stock  as
 5    provided  in  Section  2-5  of this Act, then that seller may
 6    report  the  transfer  of  all  aircraft,  watercraft,  motor
 7    vehicles or trailers involved  in  that  transaction  to  the
 8    Department  on the same uniform invoice-transaction reporting
 9    return form.  For  purposes  of  this  Section,  "watercraft"
10    means a Class 2, Class 3, or Class 4 watercraft as defined in
11    Section  3-2  of  the  Boat  Registration  and  Safety Act, a
12    personal watercraft, or any boat  equipped  with  an  inboard
13    motor.
14        Any  retailer  who sells only motor vehicles, watercraft,
15    aircraft, or trailers that are required to be registered with
16    an agency of this State, so that  all  retailers'  occupation
17    tax liability is required to be reported, and is reported, on
18    such  transaction  reporting returns and who is not otherwise
19    required to file monthly or quarterly returns, need not  file
20    monthly or quarterly returns.  However, those retailers shall
21    be required to file returns on an annual basis.
22        The  transaction  reporting  return, in the case of motor
23    vehicles or trailers that are required to be registered  with
24    an  agency  of  this State, shall be the same document as the
25    Uniform Invoice referred to in Section 5-402 of The  Illinois
26    Vehicle  Code  and  must  show  the  name  and address of the
27    seller; the name and address of the purchaser; the amount  of
28    the  selling  price  including  the  amount  allowed  by  the
29    retailer  for  traded-in property, if any; the amount allowed
30    by the retailer for the traded-in tangible personal property,
31    if any, to the extent to which Section 1 of this  Act  allows
32    an exemption for the value of traded-in property; the balance
33    payable  after  deducting  such  trade-in  allowance from the
34    total selling price; the amount of tax due from the  retailer
 
                            -49-     LRB093 03287 SJM 03304 b
 1    with respect to such transaction; the amount of tax collected
 2    from  the  purchaser  by the retailer on such transaction (or
 3    satisfactory evidence that  such  tax  is  not  due  in  that
 4    particular  instance, if that is claimed to be the fact); the
 5    place and date of the sale; a  sufficient  identification  of
 6    the  property  sold; such other information as is required in
 7    Section 5-402 of The Illinois Vehicle Code,  and  such  other
 8    information as the Department may reasonably require.
 9        The   transaction   reporting   return  in  the  case  of
10    watercraft or aircraft must show the name and address of  the
11    seller;  the name and address of the purchaser; the amount of
12    the  selling  price  including  the  amount  allowed  by  the
13    retailer for traded-in property, if any; the  amount  allowed
14    by the retailer for the traded-in tangible personal property,
15    if  any,  to the extent to which Section 1 of this Act allows
16    an exemption for the value of traded-in property; the balance
17    payable after deducting  such  trade-in  allowance  from  the
18    total  selling price; the amount of tax due from the retailer
19    with respect to such transaction; the amount of tax collected
20    from the purchaser by the retailer on  such  transaction  (or
21    satisfactory  evidence  that  such  tax  is  not  due in that
22    particular instance, if that is claimed to be the fact);  the
23    place  and  date  of the sale, a sufficient identification of
24    the  property  sold,  and  such  other  information  as   the
25    Department may reasonably require.
26        Such  transaction  reporting  return  shall  be filed not
27    later than 20 days after the day of delivery of the item that
28    is being sold, but may be filed by the retailer at  any  time
29    sooner  than  that  if  he chooses to do so.  The transaction
30    reporting return and tax remittance  or  proof  of  exemption
31    from   the  Illinois  use  tax  may  be  transmitted  to  the
32    Department by way of the State agency with  which,  or  State
33    officer  with  whom  the  tangible  personal property must be
34    titled or registered (if titling or registration is required)
 
                            -50-     LRB093 03287 SJM 03304 b
 1    if the Department and such agency or State officer  determine
 2    that   this   procedure   will  expedite  the  processing  of
 3    applications for title or registration.
 4        With each such transaction reporting return, the retailer
 5    shall remit the proper amount of tax  due  (or  shall  submit
 6    satisfactory evidence that the sale is not taxable if that is
 7    the  case),  to  the  Department or its agents, whereupon the
 8    Department shall issue, in the purchaser's name,  a  use  tax
 9    receipt  (or  a certificate of exemption if the Department is
10    satisfied that the particular sale is tax exempt) which  such
11    purchaser  may  submit  to  the  agency  with which, or State
12    officer with whom, he must title  or  register  the  tangible
13    personal   property   that   is   involved   (if  titling  or
14    registration is required)  in  support  of  such  purchaser's
15    application  for an Illinois certificate or other evidence of
16    title or registration to such tangible personal property.
17        No retailer's failure or refusal to remit tax under  this
18    Act  precludes  a  user,  who  has paid the proper tax to the
19    retailer, from obtaining his certificate of  title  or  other
20    evidence of title or registration (if titling or registration
21    is  required)  upon  satisfying the Department that such user
22    has paid the proper tax (if tax is due) to the retailer.  The
23    Department shall adopt appropriate rules  to  carry  out  the
24    mandate of this paragraph.
25        If  the  user who would otherwise pay tax to the retailer
26    wants the transaction reporting return filed and the  payment
27    of  the  tax  or  proof  of  exemption made to the Department
28    before the retailer is willing to take these actions and such
29    user has not paid the tax to  the  retailer,  such  user  may
30    certify  to  the  fact  of such delay by the retailer and may
31    (upon the Department being satisfied of  the  truth  of  such
32    certification)  transmit  the  information  required  by  the
33    transaction  reporting  return  and the remittance for tax or
34    proof of exemption directly to the Department and obtain  his
 
                            -51-     LRB093 03287 SJM 03304 b
 1    tax  receipt  or  exemption determination, in which event the
 2    transaction reporting return and tax  remittance  (if  a  tax
 3    payment  was required) shall be credited by the Department to
 4    the  proper  retailer's  account  with  the  Department,  but
 5    without the 2.1% or  1.75%  discount  provided  for  in  this
 6    Section  being  allowed.  When the user pays the tax directly
 7    to the Department, he shall pay the tax in  the  same  amount
 8    and in the same form in which it would be remitted if the tax
 9    had been remitted to the Department by the retailer.
10        Refunds  made  by  the seller during the preceding return
11    period  to  purchasers,  on  account  of  tangible   personal
12    property  returned  to  the  seller,  shall  be  allowed as a
13    deduction under subdivision 5 of  his  monthly  or  quarterly
14    return,   as  the  case  may  be,  in  case  the  seller  had
15    theretofore included the  receipts  from  the  sale  of  such
16    tangible  personal  property in a return filed by him and had
17    paid the tax  imposed  by  this  Act  with  respect  to  such
18    receipts.
19        Where  the  seller  is a corporation, the return filed on
20    behalf of such corporation shall be signed by the  president,
21    vice-president,  secretary  or  treasurer  or by the properly
22    accredited agent of such corporation.
23        Where the seller is  a  limited  liability  company,  the
24    return filed on behalf of the limited liability company shall
25    be  signed by a manager, member, or properly accredited agent
26    of the limited liability company.
27        Except as provided in this Section, the  retailer  filing
28    the  return  under  this Section shall, at the time of filing
29    such return, pay to the Department the amount of tax  imposed
30    by  this Act less a discount of 2.1% prior to January 1, 1990
31    and 1.75% on and after January 1, 1990, or  $5  per  calendar
32    year, whichever is greater, which is allowed to reimburse the
33    retailer  for  the  expenses  incurred  in  keeping  records,
34    preparing and filing returns, remitting the tax and supplying
 
                            -52-     LRB093 03287 SJM 03304 b
 1    data  to  the  Department  on  request.   Any prepayment made
 2    pursuant to Section 2d of this Act shall be included  in  the
 3    amount  on which such 2.1% or 1.75% discount is computed.  In
 4    the case of retailers  who  report  and  pay  the  tax  on  a
 5    transaction   by  transaction  basis,  as  provided  in  this
 6    Section, such discount shall be  taken  with  each  such  tax
 7    remittance  instead  of when such retailer files his periodic
 8    return.  Beginning  on  January  1,  2004,  a   retailer   or
 9    serviceman  is  allowed  to take the 1.75% or $5 discount, as
10    appropriate,  for  the  first  $1,000,000  in  sales  in  the
11    aggregate in a calendar year  under  the  Use  Tax  Act,  the
12    Service  Use Tax Act, the Service Occupation Tax Act, and the
13    Retailers' Occupation Tax Act. No discount may be  taken  for
14    sales  above  $1,000,000  in the aggregate in a calendar year
15    under these Acts.
16        Before October 1, 2000, if the taxpayer's average monthly
17    tax liability to the Department under this Act, the  Use  Tax
18    Act,  the Service Occupation Tax Act, and the Service Use Tax
19    Act, excluding any liability for  prepaid  sales  tax  to  be
20    remitted  in  accordance  with  Section  2d  of this Act, was
21    $10,000 or more during  the  preceding  4  complete  calendar
22    quarters,  he  shall  file  a return with the Department each
23    month by the 20th day of the month next following  the  month
24    during  which  such  tax liability is incurred and shall make
25    payments to the Department on or before the 7th,  15th,  22nd
26    and  last  day  of  the  month during which such liability is
27    incurred. On and after October 1,  2000,  if  the  taxpayer's
28    average  monthly  tax  liability to the Department under this
29    Act, the Use Tax Act, the Service Occupation Tax Act, and the
30    Service Use Tax Act,  excluding  any  liability  for  prepaid
31    sales  tax  to  be  remitted in accordance with Section 2d of
32    this Act, was $20,000 or more during the preceding 4 complete
33    calendar quarters, he shall file a return with the Department
34    each month by the 20th day of the month  next  following  the
 
                            -53-     LRB093 03287 SJM 03304 b
 1    month  during  which such tax liability is incurred and shall
 2    make payment to the Department on or before  the  7th,  15th,
 3    22nd and last day of the month during which such liability is
 4    incurred.    If  the month during which such tax liability is
 5    incurred began prior to January 1, 1985, each  payment  shall
 6    be  in  an  amount  equal  to  1/4  of  the taxpayer's actual
 7    liability for the month or an amount set  by  the  Department
 8    not  to  exceed  1/4  of the average monthly liability of the
 9    taxpayer to the  Department  for  the  preceding  4  complete
10    calendar  quarters  (excluding the month of highest liability
11    and the month of lowest liability in such 4 quarter  period).
12    If  the  month  during  which  such tax liability is incurred
13    begins on or after January 1, 1985 and prior  to  January  1,
14    1987,  each  payment  shall be in an amount equal to 22.5% of
15    the taxpayer's actual liability for the month or 27.5% of the
16    taxpayer's liability for  the  same  calendar  month  of  the
17    preceding year.  If the month during which such tax liability
18    is  incurred  begins on or after January 1, 1987 and prior to
19    January 1, 1988, each payment shall be in an amount equal  to
20    22.5%  of  the  taxpayer's  actual liability for the month or
21    26.25% of the taxpayer's  liability  for  the  same  calendar
22    month  of the preceding year.  If the month during which such
23    tax liability is incurred begins on or after January 1, 1988,
24    and prior to January 1, 1989, or begins on or  after  January
25    1, 1996, each payment shall be in an amount equal to 22.5% of
26    the  taxpayer's  actual liability for the month or 25% of the
27    taxpayer's liability for  the  same  calendar  month  of  the
28    preceding  year. If the month during which such tax liability
29    is incurred begins on or after January 1, 1989, and prior  to
30    January  1, 1996, each payment shall be in an amount equal to
31    22.5% of the taxpayer's actual liability for the month or 25%
32    of the taxpayer's liability for the same  calendar  month  of
33    the preceding year or 100% of the taxpayer's actual liability
34    for the quarter monthly reporting period.  The amount of such
 
                            -54-     LRB093 03287 SJM 03304 b
 1    quarter  monthly payments shall be credited against the final
 2    tax liability  of  the  taxpayer's  return  for  that  month.
 3    Before  October  1, 2000, once applicable, the requirement of
 4    the making of quarter monthly payments to the  Department  by
 5    taxpayers  having an average monthly tax liability of $10,000
 6    or more as determined in  the  manner  provided  above  shall
 7    continue  until  such taxpayer's average monthly liability to
 8    the Department  during  the  preceding  4  complete  calendar
 9    quarters  (excluding  the  month of highest liability and the
10    month of lowest liability) is less than $9,000, or until such
11    taxpayer's average monthly liability  to  the  Department  as
12    computed  for  each  calendar  quarter  of  the  4  preceding
13    complete  calendar  quarter  period  is  less  than  $10,000.
14    However,  if  a  taxpayer  can  show  the  Department  that a
15    substantial change in the taxpayer's  business  has  occurred
16    which  causes  the  taxpayer  to  anticipate that his average
17    monthly tax liability for the reasonably  foreseeable  future
18    will fall below the $10,000 threshold stated above, then such
19    taxpayer  may  petition  the  Department for a change in such
20    taxpayer's reporting status.  On and after October  1,  2000,
21    once  applicable,  the  requirement  of the making of quarter
22    monthly payments to the Department  by  taxpayers  having  an
23    average   monthly   tax  liability  of  $20,000  or  more  as
24    determined in the manner provided above shall continue  until
25    such  taxpayer's  average monthly liability to the Department
26    during the preceding 4 complete calendar quarters  (excluding
27    the  month  of  highest  liability  and  the  month of lowest
28    liability) is less than  $19,000  or  until  such  taxpayer's
29    average  monthly  liability to the Department as computed for
30    each calendar quarter of the 4  preceding  complete  calendar
31    quarter  period is less than $20,000.  However, if a taxpayer
32    can show the Department that  a  substantial  change  in  the
33    taxpayer's business has occurred which causes the taxpayer to
34    anticipate  that  his  average  monthly tax liability for the
 
                            -55-     LRB093 03287 SJM 03304 b
 1    reasonably foreseeable future will  fall  below  the  $20,000
 2    threshold  stated  above, then such taxpayer may petition the
 3    Department for a change in such taxpayer's reporting  status.
 4    The  Department shall change such taxpayer's reporting status
 5    unless it finds that such change is seasonal  in  nature  and
 6    not  likely  to  be  long  term.  If any such quarter monthly
 7    payment is not paid at the time or in the amount required  by
 8    this Section, then the taxpayer shall be liable for penalties
 9    and interest on the difference between the minimum amount due
10    as  a  payment and the amount of such quarter monthly payment
11    actually and timely paid, except insofar as the taxpayer  has
12    previously  made payments for that month to the Department in
13    excess of the minimum payments previously due as provided  in
14    this  Section. The Department shall make reasonable rules and
15    regulations to govern the quarter monthly payment amount  and
16    quarter monthly payment dates for taxpayers who file on other
17    than a calendar monthly basis.
18        The  provisions of this paragraph apply before October 1,
19    2001. Without regard to whether a  taxpayer  is  required  to
20    make   quarter  monthly  payments  as  specified  above,  any
21    taxpayer who is required by Section 2d of this Act to collect
22    and remit prepaid taxes and has collected prepaid taxes which
23    average in excess of $25,000 per month during the preceding 2
24    complete calendar quarters, shall  file  a  return  with  the
25    Department  as required by Section 2f and shall make payments
26    to the Department on or before the 7th, 15th, 22nd  and  last
27    day of the month during which such liability is incurred.  If
28    the  month  during which such tax liability is incurred began
29    prior to the effective date of this amendatory Act  of  1985,
30    each payment shall be in an amount not less than 22.5% of the
31    taxpayer's  actual  liability under Section 2d.  If the month
32    during which such tax liability  is  incurred  begins  on  or
33    after  January  1,  1986,  each payment shall be in an amount
34    equal to 22.5% of the taxpayer's  actual  liability  for  the
 
                            -56-     LRB093 03287 SJM 03304 b
 1    month  or  27.5%  of  the  taxpayer's  liability for the same
 2    calendar month of the preceding calendar year.  If the  month
 3    during  which  such  tax  liability  is incurred begins on or
 4    after January 1, 1987, each payment shall  be  in  an  amount
 5    equal  to  22.5%  of  the taxpayer's actual liability for the
 6    month or 26.25% of the  taxpayer's  liability  for  the  same
 7    calendar  month  of  the  preceding year.  The amount of such
 8    quarter monthly payments shall be credited against the  final
 9    tax  liability  of the taxpayer's return for that month filed
10    under this Section or Section 2f, as the case may  be.   Once
11    applicable,  the requirement of the making of quarter monthly
12    payments to the Department pursuant to this  paragraph  shall
13    continue  until  such  taxpayer's average monthly prepaid tax
14    collections during the preceding 2 complete calendar quarters
15    is $25,000 or less.  If any such quarter monthly  payment  is
16    not  paid at the time or in the amount required, the taxpayer
17    shall  be  liable  for  penalties  and   interest   on   such
18    difference,  except  insofar  as  the taxpayer has previously
19    made payments  for  that  month  in  excess  of  the  minimum
20    payments previously due.
21        The  provisions  of  this  paragraph  apply  on and after
22    October 1, 2001.  Without regard to  whether  a  taxpayer  is
23    required to make quarter monthly payments as specified above,
24    any  taxpayer  who  is  required by Section 2d of this Act to
25    collect and remit prepaid taxes  and  has  collected  prepaid
26    taxes  that average in excess of $20,000 per month during the
27    preceding 4 complete calendar quarters shall  file  a  return
28    with  the Department as required by Section 2f and shall make
29    payments to the Department on or before the 7th,  15th,  22nd
30    and  last  day  of  the  month  during which the liability is
31    incurred.  Each payment shall be in an amount equal to  22.5%
32    of  the  taxpayer's  actual liability for the month or 25% of
33    the taxpayer's liability for the same calendar month  of  the
34    preceding  year.   The amount of the quarter monthly payments
 
                            -57-     LRB093 03287 SJM 03304 b
 1    shall be credited against the  final  tax  liability  of  the
 2    taxpayer's  return for that month filed under this Section or
 3    Section 2f,  as  the  case  may  be.   Once  applicable,  the
 4    requirement  of the making of quarter monthly payments to the
 5    Department pursuant to this paragraph  shall  continue  until
 6    the taxpayer's average monthly prepaid tax collections during
 7    the  preceding  4  complete  calendar quarters (excluding the
 8    month of highest liability and the month of lowest liability)
 9    is less than $19,000 or until such taxpayer's average monthly
10    liability to the Department as  computed  for  each  calendar
11    quarter of the 4 preceding complete calendar quarters is less
12    than  $20,000.   If  any  such quarter monthly payment is not
13    paid at the time or in  the  amount  required,  the  taxpayer
14    shall   be   liable   for  penalties  and  interest  on  such
15    difference, except insofar as  the  taxpayer  has  previously
16    made  payments  for  that  month  in  excess  of  the minimum
17    payments previously due.
18        If any payment provided for in this Section  exceeds  the
19    taxpayer's  liabilities  under this Act, the Use Tax Act, the
20    Service Occupation Tax Act and the Service Use  Tax  Act,  as
21    shown on an original monthly return, the Department shall, if
22    requested  by  the  taxpayer,  issue to the taxpayer a credit
23    memorandum no later than 30 days after the date  of  payment.
24    The  credit  evidenced  by  such  credit  memorandum  may  be
25    assigned  by  the  taxpayer  to a similar taxpayer under this
26    Act, the Use Tax Act, the Service Occupation Tax Act  or  the
27    Service  Use Tax Act, in accordance with reasonable rules and
28    regulations to be prescribed by the Department.  If  no  such
29    request  is made, the taxpayer may credit such excess payment
30    against tax liability subsequently  to  be  remitted  to  the
31    Department  under  this  Act,  the  Use  Tax Act, the Service
32    Occupation Tax Act or the Service Use Tax Act, in  accordance
33    with  reasonable  rules  and  regulations  prescribed  by the
34    Department.  If the Department subsequently  determined  that
 
                            -58-     LRB093 03287 SJM 03304 b
 1    all  or  any part of the credit taken was not actually due to
 2    the taxpayer, the taxpayer's 2.1% and 1.75% vendor's discount
 3    shall be reduced by 2.1% or 1.75% of the  difference  between
 4    the  credit  taken  and  that actually due, and that taxpayer
 5    shall  be  liable  for  penalties  and   interest   on   such
 6    difference.
 7        If a retailer of motor fuel is entitled to a credit under
 8    Section 2d of this Act which exceeds the taxpayer's liability
 9    to  the  Department  under  this  Act for the month which the
10    taxpayer is filing a return, the Department shall  issue  the
11    taxpayer a credit memorandum for the excess.
12        Beginning  January  1,  1990,  each  month the Department
13    shall pay into the Local Government Tax Fund, a special  fund
14    in  the  State  treasury  which  is  hereby  created, the net
15    revenue realized for the preceding month from the 1%  tax  on
16    sales  of  food for human consumption which is to be consumed
17    off the premises where  it  is  sold  (other  than  alcoholic
18    beverages,  soft  drinks and food which has been prepared for
19    immediate consumption) and prescription  and  nonprescription
20    medicines,  drugs,  medical  appliances  and  insulin,  urine
21    testing materials, syringes and needles used by diabetics.
22        Beginning  January  1,  1990,  each  month the Department
23    shall pay into the County and Mass Transit District  Fund,  a
24    special  fund  in the State treasury which is hereby created,
25    4% of the net revenue realized for the preceding  month  from
26    the 6.25% general rate.
27        Beginning August 1, 2000, each month the Department shall
28    pay into the County and Mass Transit District Fund 20% of the
29    net  revenue  realized for the preceding month from the 1.25%
30    rate on the selling price of motor fuel and gasohol.
31        Beginning January 1,  1990,  each  month  the  Department
32    shall  pay  into the Local Government Tax Fund 16% of the net
33    revenue realized for  the  preceding  month  from  the  6.25%
34    general  rate  on  the  selling  price  of  tangible personal
 
                            -59-     LRB093 03287 SJM 03304 b
 1    property.
 2        Beginning August 1, 2000, each month the Department shall
 3    pay into the Local Government Tax Fund 80% of the net revenue
 4    realized for the preceding month from the 1.25% rate  on  the
 5    selling price of motor fuel and gasohol.
 6        Of the remainder of the moneys received by the Department
 7    pursuant  to  this  Act, (a) 1.75% thereof shall be paid into
 8    the Build Illinois Fund and (b) prior to July 1,  1989,  2.2%
 9    and  on  and  after  July 1, 1989, 3.8% thereof shall be paid
10    into the Build Illinois Fund; provided, however, that  if  in
11    any fiscal year the sum of (1) the aggregate of 2.2% or 3.8%,
12    as  the case may be, of the moneys received by the Department
13    and required to be paid into the Build Illinois Fund pursuant
14    to this Act, Section 9 of the Use Tax Act, Section 9  of  the
15    Service  Use Tax Act, and Section 9 of the Service Occupation
16    Tax Act, such Acts being hereinafter called  the  "Tax  Acts"
17    and  such  aggregate  of 2.2% or 3.8%, as the case may be, of
18    moneys being hereinafter called the "Tax Act Amount", and (2)
19    the amount transferred to the Build Illinois  Fund  from  the
20    State  and Local Sales Tax Reform Fund shall be less than the
21    Annual Specified Amount (as hereinafter defined),  an  amount
22    equal  to  the  difference shall be immediately paid into the
23    Build  Illinois  Fund  from  other  moneys  received  by  the
24    Department pursuant to the Tax Acts;  the  "Annual  Specified
25    Amount"  means  the  amounts specified below for fiscal years
26    1986 through 1993:
27             Fiscal Year              Annual Specified Amount
28                 1986                       $54,800,000
29                 1987                       $76,650,000
30                 1988                       $80,480,000
31                 1989                       $88,510,000
32                 1990                       $115,330,000
33                 1991                       $145,470,000
34                 1992                       $182,730,000
 
                            -60-     LRB093 03287 SJM 03304 b
 1                 1993                      $206,520,000;
 2    and means the Certified Annual Debt Service  Requirement  (as
 3    defined  in Section 13 of the Build Illinois Bond Act) or the
 4    Tax Act Amount, whichever is greater, for  fiscal  year  1994
 5    and  each  fiscal year thereafter; and further provided, that
 6    if on the last business day of any month the sum of  (1)  the
 7    Tax  Act  Amount  required  to  be  deposited  into the Build
 8    Illinois Bond Account in the Build Illinois Fund during  such
 9    month  and  (2)  the amount transferred to the Build Illinois
10    Fund from the State and Local Sales  Tax  Reform  Fund  shall
11    have  been  less than 1/12 of the Annual Specified Amount, an
12    amount equal to the difference shall be immediately paid into
13    the Build Illinois Fund from other  moneys  received  by  the
14    Department  pursuant  to the Tax Acts; and, further provided,
15    that in no  event  shall  the  payments  required  under  the
16    preceding proviso result in aggregate payments into the Build
17    Illinois Fund pursuant to this clause (b) for any fiscal year
18    in  excess  of  the greater of (i) the Tax Act Amount or (ii)
19    the Annual  Specified  Amount  for  such  fiscal  year.   The
20    amounts payable into the Build Illinois Fund under clause (b)
21    of the first sentence in this paragraph shall be payable only
22    until such time as the aggregate amount on deposit under each
23    trust   indenture   securing  Bonds  issued  and  outstanding
24    pursuant to the Build Illinois Bond Act is sufficient, taking
25    into account any future investment income, to fully  provide,
26    in  accordance  with such indenture, for the defeasance of or
27    the payment  of  the  principal  of,  premium,  if  any,  and
28    interest  on  the  Bonds secured by such indenture and on any
29    Bonds expected to be issued thereafter and all fees and costs
30    payable  with  respect  thereto,  all  as  certified  by  the
31    Director of the  Bureau  of  the  Budget.   If  on  the  last
32    business  day  of  any  month  in which Bonds are outstanding
33    pursuant to the Build Illinois Bond  Act,  the  aggregate  of
34    moneys  deposited  in  the Build Illinois Bond Account in the
 
                            -61-     LRB093 03287 SJM 03304 b
 1    Build Illinois Fund in such month  shall  be  less  than  the
 2    amount  required  to  be  transferred  in such month from the
 3    Build Illinois  Bond  Account  to  the  Build  Illinois  Bond
 4    Retirement  and  Interest  Fund pursuant to Section 13 of the
 5    Build Illinois Bond Act, an amount equal to  such  deficiency
 6    shall  be  immediately paid from other moneys received by the
 7    Department pursuant to the Tax Acts  to  the  Build  Illinois
 8    Fund;  provided,  however, that any amounts paid to the Build
 9    Illinois Fund in any fiscal year pursuant  to  this  sentence
10    shall be deemed to constitute payments pursuant to clause (b)
11    of  the first sentence of this paragraph and shall reduce the
12    amount otherwise payable for such  fiscal  year  pursuant  to
13    that  clause  (b).   The  moneys  received  by the Department
14    pursuant to this Act and required to be  deposited  into  the
15    Build  Illinois  Fund  are  subject  to the pledge, claim and
16    charge set forth in Section 12 of  the  Build  Illinois  Bond
17    Act.
18        Subject  to  payment  of  amounts into the Build Illinois
19    Fund as  provided  in  the  preceding  paragraph  or  in  any
20    amendment  thereto hereafter enacted, the following specified
21    monthly  installment  of  the   amount   requested   in   the
22    certificate  of  the  Chairman  of  the Metropolitan Pier and
23    Exposition Authority provided  under  Section  8.25f  of  the
24    State  Finance  Act,  but not in excess of sums designated as
25    "Total Deposit", shall be deposited  in  the  aggregate  from
26    collections  under Section 9 of the Use Tax Act, Section 9 of
27    the Service Use Tax Act, Section 9 of the Service  Occupation
28    Tax  Act,  and Section 3 of the Retailers' Occupation Tax Act
29    into the  McCormick  Place  Expansion  Project  Fund  in  the
30    specified fiscal years.
31               Fiscal Year                           Total Deposit
32                   1993                                        $0
33                   1994                                53,000,000
34                   1995                                58,000,000
 
                            -62-     LRB093 03287 SJM 03304 b
 1                   1996                                61,000,000
 2                   1997                                64,000,000
 3                   1998                                68,000,000
 4                   1999                                71,000,000
 5                   2000                                75,000,000
 6                   2001                                80,000,000
 7                   2002                                93,000,000
 8                   2003                                99,000,000
 9                   2004                               103,000,000
10                   2005                               108,000,000
11                   2006                               113,000,000
12                   2007                               119,000,000
13                   2008                               126,000,000
14                   2009                               132,000,000
15                   2010                               139,000,000
16                   2011                               146,000,000
17                   2012                               153,000,000
18                   2013                               161,000,000
19                   2014                               170,000,000
20                   2015                               179,000,000
21                   2016                               189,000,000
22                   2017                               199,000,000
23                   2018                               210,000,000
24                   2019                               221,000,000
25                   2020                               233,000,000
26                   2021                               246,000,000
27                   2022                               260,000,000
28                 2023 and                             275,000,000
29    each fiscal year
30    thereafter that bonds
31    are outstanding under
32    Section 13.2 of the
33    Metropolitan Pier and
34    Exposition Authority
 
                            -63-     LRB093 03287 SJM 03304 b
 1    Act, but not after fiscal year 2042.
 2        Beginning  July 20, 1993 and in each month of each fiscal
 3    year thereafter, one-eighth of the amount  requested  in  the
 4    certificate  of  the  Chairman  of  the Metropolitan Pier and
 5    Exposition Authority for that fiscal year,  less  the  amount
 6    deposited  into the McCormick Place Expansion Project Fund by
 7    the State Treasurer in the respective month under  subsection
 8    (g)  of  Section  13  of the Metropolitan Pier and Exposition
 9    Authority Act, plus cumulative deficiencies in  the  deposits
10    required  under  this  Section for previous months and years,
11    shall be deposited into the McCormick Place Expansion Project
12    Fund, until the full amount requested for  the  fiscal  year,
13    but  not  in  excess  of the amount specified above as "Total
14    Deposit", has been deposited.
15        Subject to payment of amounts  into  the  Build  Illinois
16    Fund  and the McCormick Place Expansion Project Fund pursuant
17    to the preceding paragraphs  or  in  any  amendments  thereto
18    hereafter  enacted,  beginning  July  1, 1993, the Department
19    shall each month pay into the  Illinois  Tax  Increment  Fund
20    0.27%  of  80%  of the net revenue realized for the preceding
21    month from the 6.25% general rate on  the  selling  price  of
22    tangible personal property.
23        Subject  to  payment  of  amounts into the Build Illinois
24    Fund and the McCormick Place Expansion Project Fund  pursuant
25    to  the  preceding  paragraphs  or  in any amendments thereto
26    hereafter enacted, beginning with the receipt  of  the  first
27    report  of  taxes paid by an eligible business and continuing
28    for a 25-year period, the Department  shall  each  month  pay
29    into  the  Energy  Infrastructure Fund 80% of the net revenue
30    realized from the 6.25% general rate on the selling price  of
31    Illinois-mined  coal  that  was sold to an eligible business.
32    For purposes of this paragraph, the term "eligible  business"
33    means  a  new electric generating facility certified pursuant
34    to  Section  605-332  of  the  Department  of  Commerce   and
 
                            -64-     LRB093 03287 SJM 03304 b
 1    Community  Affairs  Law  of  the Civil Administrative Code of
 2    Illinois.
 3        Of the remainder of the moneys received by the Department
 4    pursuant to this Act, 75% thereof  shall  be  paid  into  the
 5    State Treasury and 25% shall be reserved in a special account
 6    and  used  only for the transfer to the Common School Fund as
 7    part of the monthly transfer from the General Revenue Fund in
 8    accordance with Section 8a of the State Finance Act.
 9        The Department may, upon separate  written  notice  to  a
10    taxpayer,  require  the taxpayer to prepare and file with the
11    Department on a form prescribed by the Department within  not
12    less  than  60  days  after  receipt  of the notice an annual
13    information return for the tax year specified in the  notice.
14    Such   annual  return  to  the  Department  shall  include  a
15    statement of gross receipts as shown by the  retailer's  last
16    Federal  income  tax  return.   If  the total receipts of the
17    business as reported in the Federal income tax return do  not
18    agree  with  the gross receipts reported to the Department of
19    Revenue for the same period, the retailer shall attach to his
20    annual return a schedule showing a reconciliation  of  the  2
21    amounts  and  the reasons for the difference.  The retailer's
22    annual return to the Department shall also disclose the  cost
23    of goods sold by the retailer during the year covered by such
24    return,  opening  and  closing  inventories of such goods for
25    such year, costs of goods used from stock or taken from stock
26    and given away by the  retailer  during  such  year,  payroll
27    information  of  the retailer's business during such year and
28    any additional reasonable information  which  the  Department
29    deems  would  be  helpful  in determining the accuracy of the
30    monthly, quarterly or annual returns filed by  such  retailer
31    as provided for in this Section.
32        If the annual information return required by this Section
33    is  not  filed  when  and  as required, the taxpayer shall be
34    liable as follows:
 
                            -65-     LRB093 03287 SJM 03304 b
 1             (i)  Until January 1, 1994, the  taxpayer  shall  be
 2        liable  for  a  penalty equal to 1/6 of 1% of the tax due
 3        from such taxpayer under this Act during the period to be
 4        covered by the annual return for each month  or  fraction
 5        of  a  month  until such return is filed as required, the
 6        penalty to be assessed and collected in the  same  manner
 7        as any other penalty provided for in this Act.
 8             (ii)  On  and  after  January  1, 1994, the taxpayer
 9        shall be liable for a penalty as described in Section 3-4
10        of the Uniform Penalty and Interest Act.
11        The chief executive officer, proprietor, owner or highest
12    ranking manager shall sign the annual return to  certify  the
13    accuracy  of  the information contained therein.   Any person
14    who willfully signs the annual  return  containing  false  or
15    inaccurate   information  shall  be  guilty  of  perjury  and
16    punished accordingly.  The annual return form  prescribed  by
17    the  Department  shall  include  a  warning  that  the person
18    signing the return may be liable for perjury.
19        The provisions of this Section concerning the  filing  of
20    an  annual  information return do not apply to a retailer who
21    is not required to file an income tax return with the  United
22    States Government.
23        As  soon  as  possible after the first day of each month,
24    upon  certification  of  the  Department  of   Revenue,   the
25    Comptroller  shall  order transferred and the Treasurer shall
26    transfer from the General Revenue Fund to the Motor Fuel  Tax
27    Fund  an  amount  equal  to  1.7%  of  80% of the net revenue
28    realized under this  Act  for  the  second  preceding  month.
29    Beginning  April 1, 2000, this transfer is no longer required
30    and shall not be made.
31        Net revenue realized for a month  shall  be  the  revenue
32    collected  by the State pursuant to this Act, less the amount
33    paid out during  that  month  as  refunds  to  taxpayers  for
34    overpayment of liability.
 
                            -66-     LRB093 03287 SJM 03304 b
 1        For  greater simplicity of administration, manufacturers,
 2    importers and wholesalers whose products are sold  at  retail
 3    in Illinois by numerous retailers, and who wish to do so, may
 4    assume  the  responsibility  for accounting and paying to the
 5    Department all tax accruing under this Act  with  respect  to
 6    such  sales,  if  the  retailers who are affected do not make
 7    written objection to the Department to this arrangement.
 8        Any  person  who  promotes,  organizes,  provides  retail
 9    selling space for concessionaires or other types  of  sellers
10    at the Illinois State Fair, DuQuoin State Fair, county fairs,
11    local  fairs, art shows, flea markets and similar exhibitions
12    or events, including any transient  merchant  as  defined  by
13    Section  2 of the Transient Merchant Act of 1987, is required
14    to file a report with the Department providing  the  name  of
15    the  merchant's  business,  the name of the person or persons
16    engaged in merchant's business,  the  permanent  address  and
17    Illinois  Retailers Occupation Tax Registration Number of the
18    merchant, the dates and  location  of  the  event  and  other
19    reasonable  information that the Department may require.  The
20    report must be filed not later than the 20th day of the month
21    next following the month during which the event  with  retail
22    sales  was  held.   Any  person  who  fails  to file a report
23    required by this Section commits a business  offense  and  is
24    subject to a fine not to exceed $250.
25        Any  person  engaged  in the business of selling tangible
26    personal property at retail as a concessionaire or other type
27    of seller at the  Illinois  State  Fair,  county  fairs,  art
28    shows, flea markets and similar exhibitions or events, or any
29    transient merchants, as defined by Section 2 of the Transient
30    Merchant  Act of 1987, may be required to make a daily report
31    of the amount of such sales to the Department and to  make  a
32    daily  payment of the full amount of tax due.  The Department
33    shall impose this requirement when it finds that there  is  a
34    significant  risk  of loss of revenue to the State at such an
 
                            -67-     LRB093 03287 SJM 03304 b
 1    exhibition or event.   Such  a  finding  shall  be  based  on
 2    evidence  that  a  substantial  number  of concessionaires or
 3    other sellers who are  not  residents  of  Illinois  will  be
 4    engaging   in  the  business  of  selling  tangible  personal
 5    property at retail at  the  exhibition  or  event,  or  other
 6    evidence  of  a  significant  risk  of loss of revenue to the
 7    State.  The Department shall notify concessionaires and other
 8    sellers affected by the imposition of this  requirement.   In
 9    the   absence   of   notification   by  the  Department,  the
10    concessionaires and other sellers shall file their returns as
11    otherwise required in this Section.
12    (Source: P.A.  91-37,  eff.  7-1-99;  91-51,  eff.   6-30-99;
13    91-101,  eff.  7-12-99;  91-541,  eff.  8-13-99; 91-872, eff.
14    7-1-00; 91-901, eff. 1-1-01; 92-12, eff. 7-1-01; 92-16,  eff.
15    6-28-01;  92-208,  eff. 8-2-01; 92-484, eff. 8-23-01; 92-492,
16    eff. 1-1-02; 92-600, eff. 6-28-02; 92-651, eff. 7-11-02.)

17        Section 99.  Effective date.  This Act  takes  effect  on
18    January 1, 2004.