102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB5480
 
Introduced 1/31/2022, by Rep. David A. Welter
 
SYNOPSIS AS INTRODUCED:
 

 



35 ILCS 615/2  from Ch. 120, par. 467.17

     Amends the Gas Revenue Tax Act. Provides that no tax shall be imposed under the Act from July 1, 2022 through June 30, 2023. Effective immediately.
  


LRB102 25077 HLH 34337 b

 
 
A BILL FOR
 

  
HB5480LRB102 25077 HLH 34337 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 Gas Revenue Tax Act is amended  by changing 
5Section 2 as follows:
 



6    (35 ILCS 615/2)  (from Ch. 120, par. 467.17)



7    Sec. 2. 
A tax is imposed upon persons engaged in the 
8business of
distributing, supplying, furnishing or selling gas 
9to persons for use or
consumption and not for resale at the 
10rate of 2.4 cents per therm of all
gas which is so distributed, 
11supplied, furnished, sold or
transported to or for each 
12customer in
the course of such business, or 5% of the gross 
13receipts
received from each customer from
such business, 
14whichever is the lower rate as applied to each customer
for 
15that customer's billing period, provided that any change in 
16rate
imposed by this amendatory
Act of 1985 shall become 
17effective only with bills having a meter reading
date on or 
18after January 1, 1986. However, such
taxes are not imposed 
19with
respect to any business in interstate commerce, or 
20otherwise to the extent
to which such business may not, under 
21the Constitution and statutes of the
United States, be made 
22the subject of taxation by this State.

23    Nothing in this amendatory Act of 1985 shall impose a tax 
 
 
HB5480- 2 -LRB102 25077 HLH 34337 b

1with respect
to any transaction with respect to which no tax 
2was imposed immediately
preceding the
effective date of this 
3amendatory Act of 1985.

4    Beginning with bills issued to customers on and after 
5October 1, 2003, no
tax shall be
imposed under this Act on 
6transactions with customers who incur a tax liability
under 
7the
Gas Use Tax Law.

8    No tax shall be imposed under this Act from July 1, 2022 
9through June 30, 2023. 
10(Source: P.A. 93-31, eff. 10-1-03.)

 
 
11    Section 99. Effective date. This Act takes effect upon 
12becoming law.