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| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022 HB5495 Introduced 1/31/2022, by Rep. Tom Weber SYNOPSIS AS INTRODUCED: |
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Amends the Motor Fuel Tax Law. Provides that the proceeds from taxes imposed on the sale of motor fuel sold on an Illinois waterway shall be remitted back to the local waterway agency where the sale of the motor fuel took place or to the Department of Natural Resources and must be utilized by the local waterway agency or the Department of Natural Resources for waterway purposes. Effective immediately.
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| | A BILL FOR |
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| | HB5495 | | LRB102 25257 HLH 34530 b |
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1 | | AN ACT concerning revenue.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Motor Fuel Tax Law is amended by adding |
5 | | Section 2e as follows: |
6 | | (35 ILCS 505/2e new) |
7 | | Sec. 2e. Waterway motor fuel tax allowable use. |
8 | | (a) As used in this Section, "waterway purposes" means the |
9 | | maintenance, repair, construction, and upkeep costs related to |
10 | | an Illinois waterway. |
11 | | (b) Notwithstanding any other provision of law, the moneys |
12 | | received by the Department under this Law on taxes imposed on |
13 | | the sale of motor fuel sold on an Illinois waterway shall be |
14 | | remitted back to the local waterway agency where the sale of |
15 | | the motor fuel took place or to the Department of Natural |
16 | | Resources. All of the taxes collected on these sales of motor |
17 | | fuel on an Illinois waterway must be utilized by the local |
18 | | waterway agency or the Department of Natural Resources for |
19 | | waterway purposes.
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20 | | Section 99. Effective date. This Act takes effect upon |
21 | | becoming law.
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