093_SB0700
LRB093 07272 MKM 07430 b
1 AN ACT in relation to taxes.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Department of Revenue Law of the Civil
5 Administrative Code of Illinois is amended by adding Section
6 2505-66 as follows:
7 (20 ILCS 2505/2505-66 new)
8 Sec. 2505-66. Detailed sales tax information. On a
9 quarterly basis, the Department of Revenue shall provide each
10 municipality with detailed information concerning businesses
11 within the municipality that pay occupation and use taxes
12 sufficient to aid the municipality in preparing its municipal
13 budget. The detailed information shall indicate whether
14 proper occupation and use tax payments are being received by
15 the municipality by monitoring and tracking those revenues.
16 Section 99. Effective date. This Act takes effect on July
17 1, 2003.