HB2903 - 104th General Assembly

USE/OCC TX-COMMON SCHOOL
Last Action
4/11/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Fred Crespo and Camille Y. Lilly
Statutes Amended In Order of Appearance
35 ILCS 115/9from Ch. 120, par. 439.109
Synopsis 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, of the remainder of the moneys received under the Acts after certain deposits have been made, 75% shall be deposited into the General Revenue Fund and 25% shall be deposited into the Common School Fund (currently, 75% shall be paid into the State Treasury and 25% shall be reserved in a special account and used only for the transfer to the Common School Fund as part of a specified monthly transfer). Effective immediately.
Actions
Date Chamber Action
2/05/2025 House Filed with the Clerk by Rep. Fred Crespo
2/06/2025 House First Reading
2/06/2025 House Referred to Rules Committee
3/04/2025 House Assigned to Revenue & Finance Committee
3/06/2025 House To Tax Policy: Other Taxes Subcommittee
3/20/2025 House Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 005-000-000
3/20/2025 House Reported Back To Revenue & Finance Committee;
3/20/2025 House Do Pass / Short Debate Revenue & Finance Committee; 020-000-000
3/20/2025 House Placed on Calendar 2nd Reading - Short Debate
3/26/2025 House Second Reading - Short Debate
3/26/2025 House Held on Calendar Order of Second Reading - Short Debate
4/09/2025 House Added Co-Sponsor Rep. Camille Y. Lilly
4/11/2025 House Rule 19(a) / Re-referred to Rules Committee