Bill Title: Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reduces the rate of tax on motor fuel and gasohol to 1.25% (currently, 6.25%). Makes changes concerning the distribution of the proceeds from those taxes. Amends the State Finance Act to make conforming changes. Effective immediately.

Spectrum: Partisan Bill (Republican 10-0)

Status: (Introduced) 2024-02-01 - Added Co-Sponsor Rep. Kevin Schmidt [HB2592 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2023-02-15	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB2592

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB2592 currently on file.

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