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<xml>
<title>Illinois General Assembly - Bill Status for HB 498          </title>
<shortdesc>ROTA-BAD DEBT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Anthony DeLuca, John Bradley, Barbara Flynn Currie, Dwight Kay, Arthur Turner, Ron Sandack, Ed Sullivan, Jaime M. Andrade, Jr., Robert Rita, Thaddeus Jones, Joe Sosnowski, Frank J. Mautino, Michael J. Zalewski, Carol Sente and Frances Ann Hurley</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 105/19</reference><aliasreference>from Ch. 120, par. 439.19</aliasreference><reference>35 ILCS 115/12</reference><aliasreference>from Ch. 120, par. 439.112</aliasreference><reference>35 ILCS 120/6d new</reference><aliasreference></aliasreference><reference>55 ILCS 5/5-1006</reference><aliasreference>from Ch. 34, par. 5-1006</aliasreference><reference>55 ILCS 5/5-1006.5</reference><aliasreference></aliasreference><reference>55 ILCS 5/5-1006.7</reference><aliasreference></aliasreference><reference>65 ILCS 5/8-11-1</reference><aliasreference>from Ch. 24, par. 8-11-1</aliasreference><reference>65 ILCS 5/8-11-1.3</reference><aliasreference>from Ch. 24, par. 8-11-1.3</aliasreference><reference>65 ILCS 5/8-11-1.6</reference><aliasreference></aliasreference><reference>70 ILCS 750/25</reference><aliasreference></aliasreference><reference>70 ILCS 1605/30</reference><aliasreference></aliasreference><reference>70 ILCS 3610/5.01</reference><aliasreference>from Ch. 111 2/3, par. 355.01</aliasreference><reference>70 ILCS 3615/4.03</reference><aliasreference>from Ch. 111 2/3, par. 704.03</aliasreference><reference>70 ILCS 3720/4</reference><aliasreference>from Ch. 111 2/3, par. 254</aliasreference><SynopsisText>     Amends the Retailers' Occupation Tax Act. Provides that a retailer is relieved from liability for any tax that becomes due and payable if the tax is represented by amounts that are found to be worthless or uncollectible, have been charged off in accordance with generally accepted accounting principles, and will be claimed as a deduction pursuant to Section 166 of the Internal Revenue Code. Provides for a deduction if the retailer had previously paid such a tax. Contains provisions concerning the payment of taxes on purchases made through a private-label credit card. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/30/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Anthony DeLuca</action>
<statusdate>2/3/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/3/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. John Bradley</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Barbara Flynn Currie</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dwight Kay</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Arthur Turner</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ron Sandack</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ed Sullivan</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jaime M. Andrade, Jr.</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Robert Rita</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Thaddeus Jones</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Joe Sosnowski</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Frank J. Mautino</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael J. Zalewski</action>
<statusdate>2/4/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Carol Sente</action>
<statusdate>2/6/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Frances Ann Hurley</action>
<statusdate>2/17/2015</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/27/2015</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

