Bill Status of SB3386  101st General Assembly

Short Description:  SHORT-TERM RENTAL TAX

Senate Sponsors
Sen. Cristina Castro - Melinda Bush, Steven M. Landek and Dale A. Righter

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
New Act
65 ILCS 5/8-3-13from Ch. 24, par. 8-3-13
65 ILCS 5/8-3-14from Ch. 24, par. 8-3-14
65 ILCS 5/8-3-14a
55 ILCS 5/5-1030from Ch. 34, par. 5-1030


Synopsis As Introduced
Creates the Short-Term Rental Operators' Occupation Tax Act. Imposes a tax upon persons engaged in the business of short-term rental at the rate of 5% of 94% of the gross rental receipts from such renting, leasing or letting. Imposes an additional tax at the rate of 1% of 94% of the gross rental receipts from such renting, leasing or letting. Provides that operators of short-term rentals shall obtain a business license from the Department of Revenue. Effective October 1, 2020.

Actions 
DateChamber Action
  2/14/2020SenateFiled with Secretary by Sen. Cristina Castro
  2/14/2020SenateFirst Reading
  2/14/2020SenateReferred to Assignments
  2/25/2020SenateAssigned to Revenue
  2/27/2020SenateAdded as Co-Sponsor Sen. Steven M. Landek
  2/27/2020SenateAdded as Chief Co-Sponsor Sen. Melinda Bush
  3/4/2020SenateAdded as Co-Sponsor Sen. Dale A. Righter
  3/18/2020SenateRule 2-10 Committee Deadline Established As April 2, 2020
  3/25/2020SenateRule 2-10 Committee Deadline Established As April 24, 2020
  3/25/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020
  4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  4/16/2020SenateRule 2-10 Committee Deadline Established As April 30, 2020
  4/23/2020SenateRule 2-10 Committee Deadline Established As May 7, 2020
  4/23/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020
  4/30/2020SenateRule 2-10 Committee Deadline Established As May 15, 2020
  4/30/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020
  5/7/2020SenateRule 2-10 Committee Deadline Established As May 22, 2020
  5/7/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020
  5/15/2020SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020
  1/13/2021SenateSession Sine Die