99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB4546
 
Introduced , by Rep. David Reis
 
SYNOPSIS AS INTRODUCED:
 

 
35 ILCS 115/3-9 new
35 ILCS 120/1t new

     Amends the Service Occupation Tax Act and the Retailers' Occupation Tax Act.  Provides that, by March 1, 2017, and by March 1 of each year thereafter, each business located in an enterprise zone may apply with the Department of Commerce and Economic Opportunity for a rebate in an amount not to exceed 1% of the amount the tax paid by the business under the Acts during the previous calendar year for the purchase of tangible personal property from a retailer or serviceman located in Illinois.  Provides that the Department of Commerce and Economic Opportunity shall pay the rebates from moneys appropriated for that purpose.  Effective immediately.
  


LRB099 16909 HLH 41256 b

FISCAL NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
HB4546LRB099 16909 HLH 41256 b


  
1    AN ACT concerning revenue.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Service Occupation Tax Act is amended  by 
5adding Section 3-9 as follows:
 
6    (35 ILCS 115/3-9 new)
7    Sec. 3-9. Rebate to businesses in enterprise zones.  
8Notwithstanding any other provision of law, by March 1, 2017, 
9and by March 1 of each year thereafter, each business located 
10in an enterprise zone may apply with the Department of Commerce 
11and Economic Opportunity for a rebate in an amount not to 
12exceed 1% of the amount the tax paid by the business under this 
13Act during the previous calendar year for the purchase of 
14tangible personal property from a serviceman located in 
15Illinois.  The Department of Commerce and Economic Opportunity 
16shall pay the rebates from moneys appropriated for that 
17purpose.
 
18    Section 10. The Retailers' Occupation Tax Act is amended  by 
19adding Section 1t as follows:
 
20    (35 ILCS 120/1t new)
21    Sec. 1t. Rebate to businesses in enterprise zones.  
 
 
HB4546- 2 -LRB099 16909 HLH 41256 b

1Notwithstanding any other provision of law, by March 1, 2017, 
2and by March 1 of each year thereafter, each business located 
3in an enterprise zone may apply with the Department of Commerce 
4and Economic Opportunity for a rebate in an amount not to 
5exceed 1% of the amount the tax paid by the business under this 
6Act during the previous calendar year for the purchase of 
7tangible personal property from a retailer located in Illinois.  
8The Department of Commerce and Economic Opportunity shall pay 
9the rebates from moneys appropriated for that purpose.
 
 
10    Section 99. Effective date. This Act takes effect upon 
11becoming law.