(35 ILCS 157/10-40)
Sec. 10-40.
Payments to Local Government Distributive Fund and General
Revenue Fund. The
Department of Revenue shall each month, upon collecting any taxes as provided
in this Law,
pay the
money collected from the 1.25% portion of the 6.25% rate into the
Local
Government Distributive Fund, a special fund in the State treasury. The
remainder shall
be paid into the General Revenue Fund.
(Source: P.A. 93-24, eff. 6-20-03.)
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