92nd General Assembly
Summary of SB0574
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Senate Sponsors:
O'MALLEY.

House Sponsors:
TENHOUSE

Short description: 
MUNI CD-ELECTRICITY-SELF TAX                                               

Synopsis of Bill as introduced:
        Amends  the  Illinois  Municipal  Code.   Authorizes  a                
   municipality having a population of less  than  500,000  to  permit  a      
   purchaser  for non-residential electric use to become a self-assessing      
   purchaser and pay the tax on electricity use and consumption  directly      
   to  the  municipality.   Provides that the maximum rate of a tax for a      
   self-assessing purchaser may not exceed 5% of the  purchase  price  of      
   the   electricity   as  calculated  on  a  monthly  basis.   Effective      
   immediately.                                                                
        HOUSE AMENDMENT NO. 1.                                                 
        Removes the substantive amendatory changes in the bill and adds a      
   caption to the Section concerning municipal occupation  and  privilege      
   taxes.                                                                      
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



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