Bill Texts: IL SB3426 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Makes changes concerning the exemption for materials, parts, equipment, components, and furnishings incorporated into or upon an aircraft. Amends the Liquor Control Act of 1934. Provides that the tax imposed on manufacturers or importing distributors of alcoholic liquor containing not less than 0.5% alcohol by volume nor more than 10% alcohol by volume, other than cider, wine, or beer, is imposed at the rate of $0.231 per gallon. Amends the Motor Fuel Tax Law. Sets forth the method for calculating the percentage change in the Consumer Price Index for the purpose of the annual adjustment in the tax rate. Effective immediately.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Engrossed) 2024-05-07 - Placed on Calendar Order of 3rd Reading - Short Debate [SB3426 Detail]

Bill Drafts

RevisionDateFormatSourceView
Engrossed2024-04-09HTML/TextLinkView
Introduced2024-02-08HTML/TextLinkView

Amendments

AmendmentDateDispositionFormatSourceView
Senate Amendment 0012024-03-06ProposedHTML/TextLinkView

Supplemental Documents

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No supplemental documents for Illinois SB3426 currently on file.

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