<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2428         </title>
<shortdesc>USE/OCC TX-MID-RANGE ETHANOL</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Bill Cunningham</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 105/3-10</reference><aliasreference></aliasreference><reference>35 ILCS 105/3-40</reference><aliasreference>from Ch. 120, par. 439.3-40</aliasreference><reference>35 ILCS 105/3-44</reference><aliasreference></aliasreference><reference>35 ILCS 105/3-44.3 new</reference><aliasreference></aliasreference><reference>35 ILCS 110/3-10</reference><aliasreference>from Ch. 120, par. 439.33-10</aliasreference><reference>35 ILCS 115/3-10</reference><aliasreference>from Ch. 120, par. 439.103-10</aliasreference><reference>35 ILCS 120/2-10</reference><aliasreference></aliasreference><SynopsisText>Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the tax imposed on mid-range ethanol blends applies to (i) 80% of the proceeds of sales made on or after July 1, 2019 and on or before December 31, 2023 and (ii) 100% of the proceeds of sales made thereafter. Provides that the term "mid-range ethanol blend" means a blend of gasoline and denatured ethanol that contains not less than 20% but less than 51% denatured ethanol. Makes changes to the definitions of "gasohol" and "majority blended ethanol fuel" to adjust the required percentage of ethanol. Provides that, on and after July 1, 2021 and prior to July 1, 2024, the tax shall be imposed on 90% of the proceeds of sales of gasohol. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Bill Cunningham</action>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

