Senate Sponsors: WATSON-O'DANIEL-MAHAR. House Sponsors: JONES,JOHN-HOLBROOK-RIGHTER-BLACK-BOST Short description: USE-OCC TAX-REDUCE GAS TAX Synopsis of Bill as introduced: Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, beginning on July 1, 2001, the tax on motor fuel and gasohol shall be imposed at the rate of 1.25% (eliminating the State's portion of the tax). Exempts the tax reduction from the sunset provisions. Amends the State Finance Act to provide for the distribution as a result of the reduced tax rate on motor fuel and gasohol. Effective immediately. SENATE AMENDMENT NO. 1. Provides that the tax reduction begins on July 1, 2002 rather than July 1, 2001. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status