Bill Texts: IL HB4688 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that food for human consumption that is to be consumed off the premises where it is sold is exempt from the taxes imposed under those Acts. Provides that, beginning 30 days after the effective date of the amendatory Act, the cents per gallon rate established by the Department of Revenue for the prepayment of tax by motor fuel retailers may not exceed $0.18 per gallon for motor fuel and 80% of that amount for gasohol and biodiesel blends. Provides that the rate of tax imposed under the Acts for motor fuel, gasohol, majority blended ethanol fuel, and biodiesel and biodiesel blends may not exceed that prepayment amount set by the Department of Revenue. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-04-09 - Removed Co-Sponsor Rep. Nicole La Ha [HB4688 Detail]

Bill Drafts

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Introduced2024-02-01HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB4688

Supplemental Documents

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No supplemental documents for Illinois HB4688 currently on file.

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