Bill Status of SB 3956   103rd General Assembly

Short Description:  FIREARM SAFETY REBATE FUND

Senate Sponsors
Sen. Laura Ellman

Last Action  View All Actions

DateChamber Action
  5/21/2024SenateReferred to Assignments

Statutes Amended In Order of Appearance
20 ILCS 605/605-1115 new
30 ILCS 105/5.1015 new
35 ILCS 105/9from Ch. 120, par. 439.9
35 ILCS 110/9from Ch. 120, par. 439.39
35 ILCS 115/9from Ch. 120, par. 439.109
35 ILCS 120/3from Ch. 120, par. 442

Synopsis As Introduced
Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that subject to appropriation, the Department of Commerce and Economic Opportunity shall administer a program to award use and occupation tax rebates to consumers who purchase firearm safety devices on or after January 1, 2025. Provides that the amount of the rebate shall be equal to the taxes paid by the consumer under the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act with respect to the purchase of a firearm safety device, but not to exceed $300 for any firearm safety device. Provides that participants shall apply to the Department in the form and manner prescribed by the Department by rule. Amends the State Finance Act. Creates the Firearm Safety Rebate Fund in the State treasury. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act to make conforming changes.

Actions 
DateChamber Action
  5/21/2024SenateFiled with Secretary by Sen. Laura Ellman
  5/21/2024SenateFirst Reading
  5/21/2024SenateReferred to Assignments

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