<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 2942         </title>
<shortdesc>OCC TAX-ROAD FUND</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Adam Brown</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 105/9</reference><aliasreference>from Ch. 120, par. 439.9</aliasreference><reference>35 ILCS 110/9</reference><aliasreference>from Ch. 120, par. 439.39</aliasreference><reference>35 ILCS 115/9</reference><aliasreference>from Ch. 120, par. 439.109</aliasreference><reference>35 ILCS 120/3</reference><aliasreference>from Ch. 120, par. 442</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, beginning July 1, 2015, each month the Department shall pay into the Road Fund 80% of the net revenue realized for the preceding month from the sale of motor fuel and gasohol. Provides that, beginning July 1, 2015, each month the Department shall pay 20% of the net revenue realized for the preceding month from the sale of motor fuel and gasohol into certain local tax funds. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/24/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Adam Brown</action>
<statusdate>2/25/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/25/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/10/2015</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/13/2015</statusdate><chamber>House</chamber><action>To Sales and Other Taxes Subcommittee</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>

