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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5532
Introduced 2/6/2004, by Michael J. Madigan SYNOPSIS AS INTRODUCED:
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Amends the Simplified Sales and Use Tax Administration Act. Makes a technical
change in a Section concerning legislative findings.
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A BILL FOR
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HB5532 |
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LRB093 17350 SJM 43016 b |
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| AN ACT concerning taxes.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Simplified Sales and Use Tax Administration |
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| Act is amended by
changing
Section 3 as follows:
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| (35 ILCS 171/3)
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| Sec. 3. Legislative finding. The General Assembly finds |
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| that a
simplified sales tax and use tax system will reduce and |
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| over time eliminate the
burden and cost for all vendors to |
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| collect Illinois'
this State's sales
and use tax. The
General |
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| Assembly further finds that Illinois
this State should
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| participate in multistate
discussions to review or amend or |
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| both review and amend the terms of the
Agreement to simplify |
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| and modernize sales tax and use tax administration in
order to |
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| substantially reduce the burden of tax compliance for all |
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| sellers and
for all types of commerce.
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| (Source: P.A. 92-221, eff. 8-2-01.)
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