102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB2371
 
Introduced 2/17/2021, by Rep. Fred Crespo
 
SYNOPSIS AS INTRODUCED:
 

 
20 ILCS 2530/15

     Amends the Taxation Disclosure Act. Provides that each retailer that is required to collect and remit the tax imposed under the Retailers' Occupation Tax Act shall, in addition to other information included on the customer's receipt, include itemized  line items on the customer's receipt detailing the use and occupation taxes imposed by each unit of local government.
  


LRB102 14476 HLH 19829 b

 
 
A BILL FOR
 

  
HB2371LRB102 14476 HLH 19829 b


  
1    AN ACT concerning revenue.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Taxation Disclosure Act is amended  by 
5changing Section 15 as follows:
 
6    (20 ILCS 2530/15)

7    Sec. 15. Tax rate database. 
8    (a) The Department shall make tax rate information 
9publicly available on its Internet website.  The tax rate 
10information shall include rate information on income, 
11property, use and occupation, and excise taxes.
12    (b) Tax rate information for use and occupation taxes 
13administered by the Department shall include the tax rate 
14applicable in a municipality or the unincorporated area of a 
15county and list the individual rates that comprise the 
16aggregate rate in that municipality or in the unincorporated 
17area of that county. Each retailer that is required to collect 
18and remit the tax imposed under the Retailers' Occupation Tax 
19Act shall, in addition to other information included on the 
20customer's receipt, include itemized  line items on the 
21customer's receipt detailing the use and occupation taxes 
22imposed by each unit of local government. 
23    (c) Beginning with the 2008 levy year, and for every 
 
 
HB2371- 2 -LRB102 14476 HLH 19829 b

1subsequent levy year, tax rate information for property taxes 
2shall include the name of each taxing district, a list of all 
3funds for which taxes were extended and the corresponding tax 
4rate for each fund, and the district's total tax rate. The 
5Department may also include such other property tax 
6information that it determines is necessary to achieve the 
7purpose set forth in Section 5 of this Act. This information 
8shall be made available in a viewable and downloadable format 
9on the effective date of this Act and shall be updated on 
10January 1 of each subsequent year with the most recent tax rate 
11information available.
12    (d) Tax rate information for income taxes shall include 
13the individual income tax rate as well as the corporate income 
14tax rate. This information shall be made available in a 
15viewable and downloadable format on the effective date of this 
16Act and shall be updated on January 1 of each subsequent year 
17with the most recent tax rate information available.
18    (e) Tax rate information for excise taxes shall include 
19the statewide rates as well as local rates for taxes 
20administered by the Department. This information shall be made 
21available in a viewable and downloadable format on the 
22effective date of this Act and shall be updated on January 1 
23and July 1 of each subsequent year with the most recent tax 
24rate information available.

25(Source: P.A. 97-353, eff. 1-1-12.)