Bill Status of HB 4473   101st General Assembly

Short Description:  REVENUE-LOCAL DISTRIBUTIONS

House Sponsors
Rep. Allen Skillicorn

Last Action  View All Actions

DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/901
35 ILCS 105/9from Ch. 120, par. 439.9
35 ILCS 110/9from Ch. 120, par. 439.39
35 ILCS 115/9from Ch. 120, par. 439.109
35 ILCS 120/3from Ch. 120, par. 442

Synopsis As Introduced
Amends the Illinois Income Tax Act. Reduces by 25% the amount transferred from the General Revenue Fund to the Local Government Distributive Fund. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reduces by 20% the amounts deposited into the Local Government Tax Fund, the County and Mass Transit District Fund, and the State and Local Sales Tax Reform Fund each month. Provides that the reductions under the amendatory Act begin January 1, 2021. Effective immediately.

Actions 
DateChamber Action
  2/3/2020HouseFiled with the Clerk by Rep. Allen Skillicorn
  2/3/2020HouseFirst Reading
  2/3/2020HouseReferred to Rules Committee
  1/13/2021HouseSession Sine Die

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