Full Text of HB5014 95th General Assembly
HB5014 95TH GENERAL ASSEMBLY
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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 HB5014
Introduced , by Rep. George Scully, Jr. SYNOPSIS AS INTRODUCED: |
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35 ILCS 615/2 |
from Ch. 120, par. 467.17 |
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Amends the Gas Revenue Tax Act. Provides that each July 1, beginning on July 1, 2008, the rate of the tax imposed for gas that is
distributed, supplied, furnished, sold, or transported to a
residential customer is reduced by $0.006 per therm until the rate of the tax is zero, but provides that, in no case, shall the tax be imposed with respect to gas that is
distributed, supplied, furnished, sold, or transported to a
residential customer on or after July 1, 2012. Effective immediately.
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A BILL FOR
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HB5014 |
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LRB095 17816 BDD 43895 b |
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| AN ACT concerning revenue.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Gas Revenue Tax Act is amended by changing | 5 |
| Section 2 as follows:
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| (35 ILCS 615/2) (from Ch. 120, par. 467.17)
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| Sec. 2. Tax imposed; rate; phase-out for residential | 8 |
| customers.
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| (a) Except as provided in subsection (b), a
A tax is | 10 |
| imposed upon persons engaged in the business of
distributing, | 11 |
| supplying, furnishing or selling gas to persons for use or
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| consumption and not for resale at the rate of 2.4 cents per | 13 |
| therm of all
gas which is so distributed, supplied, furnished, | 14 |
| sold or
transported to or for each customer in
the course of | 15 |
| such business, or 5% of the gross receipts
received from each | 16 |
| customer from
such business, whichever is the lower rate as | 17 |
| applied to each customer
for that customer's billing period, | 18 |
| provided that any change in rate
imposed by this amendatory
Act | 19 |
| of 1985 shall become effective only with bills having a meter | 20 |
| reading
date on or after January 1, 1986. However, such
taxes | 21 |
| are not imposed with
respect to any business in interstate | 22 |
| commerce, or otherwise to the extent
to which such business may | 23 |
| not, under the Constitution and statutes of the
United States, |
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HB5014 |
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LRB095 17816 BDD 43895 b |
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| be made the subject of taxation by this State.
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| Nothing in this amendatory Act of 1985 shall impose a tax | 3 |
| with respect
to any transaction with respect to which no tax | 4 |
| was imposed immediately
preceding the
effective date of this | 5 |
| amendatory Act of 1985.
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| Beginning with bills issued to customers on and after | 7 |
| October 1, 2003, no
tax shall be
imposed under this Act on | 8 |
| transactions with customers who incur a tax liability
under the
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| Gas Use Tax Law.
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| (b) Each July 1, beginning on July 1, 2008, the rate of the | 11 |
| tax imposed under this Section for gas that is
distributed, | 12 |
| supplied, furnished, sold, or transported to a
residential | 13 |
| customer is reduced by $0.006 per therm until the rate of the | 14 |
| tax is zero. In no case, however, shall the tax under this | 15 |
| Section be imposed with respect to gas that is
distributed, | 16 |
| supplied, furnished, sold, or transported to a
residential | 17 |
| customer on or after July 1, 2012. | 18 |
| For purposes of this subsection, "residential customer"
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| means a customer who is receiving gas or gas service for
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| household purposes that is either (i) distributed to a
dwelling | 21 |
| of 2 or fewer units and billed under a residential
rate or (ii) | 22 |
| distributed to a dwelling unit or units, billed
under a | 23 |
| residential rate, and registered by a separate meter
for each | 24 |
| dwelling unit.
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| (Source: P.A. 93-31, eff. 10-1-03.)
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| Section 99. Effective date. This Act takes effect upon |
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HB5014 |
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| becoming law. |
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