Bill Status of SB1132 101st General Assembly
Short Description: REVENUE-VENDOR
Sen. Omar Aquino - Robert Peters - Ram Villivalam - Jacqueline Y. Collins, Mattie Hunter, David Koehler, Emil Jones, III, John J. Cullerton, Heather A. Steans, Laura Fine, Melinda Bush, Christopher Belt and Patricia Van Pelt
| 1/13/2021||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, the Cigarette Tax Act, the Cigarette Use Tax Act, the Hotel Operators' Occupation Tax Act, the Motor Fuel Tax Law, the Telecommunications Excise Tax Act, and the Liquor Control Act of 1934. Provides that the vendor discount amount under those Acts shall be 1.75%. Provides that the vendor discount may not exceed $1,000 per vendor in any calendar year. Effective immediately.