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1 | AN ACT concerning revenue.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 1. Short title. This Act may be cited as the | ||||||
5 | Taxation Disclosure Act. | ||||||
6 | Section 5. Legislative purpose. The intent of the General | ||||||
7 | Assembly is to make citizen access to State and local tax rates | ||||||
8 | as open, transparent, and publicly accessible as is feasible. | ||||||
9 | Increasing the ease of public access to State and local tax | ||||||
10 | rates significantly contributes to governmental | ||||||
11 | accountability, public participation, and the understanding of | ||||||
12 | the cost of government services. Therefore, the General | ||||||
13 | Assembly directs the Department to create and maintain a | ||||||
14 | database of tax rates for taxing districts in the State. | ||||||
15 | Section 10. Definitions. As used in this Act, "Department" | ||||||
16 | means the Department of Revenue. | ||||||
17 | Section 15. Tax rate database. | ||||||
18 | (a) The Department shall make tax rate information publicly | ||||||
19 | available on its Internet website. The tax rate information | ||||||
20 | shall include rate information on income, property, use and | ||||||
21 | occupation, and excise taxes. |
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1 | (b) Tax rate information for use and occupation taxes | ||||||
2 | administered by the Department shall include the tax rate | ||||||
3 | applicable in a municipality or the unincorporated area of a | ||||||
4 | county and list the individual rates that comprise the | ||||||
5 | aggregate rate in that municipality or in the unincorporated | ||||||
6 | area of that county. | ||||||
7 | (c) Beginning with the 2008 levy year, and for every | ||||||
8 | subsequent levy year, tax rate information for property taxes | ||||||
9 | shall include the name of each taxing district, a list of all | ||||||
10 | funds for which taxes were extended and the corresponding tax | ||||||
11 | rate for each fund, and the district's total tax rate. The | ||||||
12 | Department may also include such other property tax information | ||||||
13 | that it determines is necessary to achieve the purpose set | ||||||
14 | forth in Section 5 of this Act. This information shall be made | ||||||
15 | available in a viewable and downloadable format on the | ||||||
16 | effective date of this Act and shall be updated on January 1 of | ||||||
17 | each subsequent year with the most recent tax rate information | ||||||
18 | available. | ||||||
19 | (d) Tax rate information for income taxes shall include the | ||||||
20 | individual income tax rate as well as the corporate income tax | ||||||
21 | rate. This information shall be made available in a viewable | ||||||
22 | and downloadable format on the effective date of this Act and | ||||||
23 | shall be updated on January 1 of each subsequent year with the | ||||||
24 | most recent tax rate information available. | ||||||
25 | (e) Tax rate information for excise taxes shall include the | ||||||
26 | statewide rates as well as local rates for taxes administered |
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1 | by the Department. This information shall be made available in | ||||||
2 | a viewable and downloadable format on the effective date of | ||||||
3 | this Act and shall be updated on January 1 and July 1 of each | ||||||
4 | subsequent year with the most recent tax rate information | ||||||
5 | available.
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6 | Section 99. Effective date. This Act takes effect January | ||||||
7 | 1, 2012.
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