WAIT-TURNER,ART-MOORE,ANDREA AND HASSERT. 35 ILCS 735/3-2 from Ch. 120, par. 2603-2 35 ILCS 735/3-3 from Ch. 120, par. 2603-3 35 ILCS 735/3-10 from Ch. 120, par. 2603-10 Amends the Uniform Penalty and Interest Act. Provides that interest shall accrue upon tax due (now upon tax and penalty due). Provides that for failure to file a tax return on or before the due date, a penalty equal to 2% of the tax required to be shown due on a return, up to a maximum amount of $250, reduced by any (rather than determined without regard to any part of the) tax that is paid on time or by any credit that was properly allowable on the date the return was required to be filed. Imposes a penalty of 10% of the tax due in the situation of late payment or nonpayment of admitted liability and a penalty of 20% of the tax due in a situation of late payment or nonpayment of additional liability (now 20% in both situations). Provides that a tax may not be assessed more than 6 years after the original due date of each return required to have been filed, except in the case of a willful failure to file (now may be assessed at any time unless taxpayer shows reasonable cause for failure, in which case it is not more than 6 years after the original due date). Removes provision exempting the Department of Revenue from the application of the 6-year limitation on assessment if the Department notifies a person that a return is required within that 6-year period. HOUSE AMENDMENT NO. 1. Deletes reference to: 35 ILCS 735/3-3 35 ILCS 735/3-10 Deletes everything. Amends the Uniform Penalty and Interest Act to make a technical change in a Section concerning interest. 00-01-20 H FIRST READING 00-01-20 H ADDED AS A JOINT SPONSOR TURNER,ART 00-01-20 H ADDED AS A JOINT SPONSOR MOORE,ANDREA 00-01-20 H ADDED AS A CO-SPONSOR HASSERT 00-01-20 H REFERRED TO HOUSE RULES COMMITTEE RULES 00-01-26 H ASSIGNED TO COMMITTEE REVENUE 00-02-17 H AMENDMENT NO. 01-REVENUE H 00-02-17 H ADOPTED 009-000-000 00-02-17 H DO PASS AMENDED/SHORT DEBATE 009-000-000 HREV 00-02-17 H PLACED CALENDAR 2ND READING-SHORT DEBATE 00-02-29 H SECOND READING-SHORT DEBATE 00-02-29 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 00-03-01 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 00-03-03 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary