93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5555

 

Introduced 02/06/04, by Michael J. Madigan

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 630/1   from Ch. 120, par. 2001

    Amends the Telecommunications Excise Tax Act. Makes technical changes in a Section concerning the short title.


LRB093 17361 SJM 43027 b

 

 

A BILL FOR

 

HB5555 LRB093 17361 SJM 43027 b

1     AN ACT concerning taxation.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Telecommunications Excise Tax Act is amended
5 by changing Section 1 as follows:
 
6     (35 ILCS 630/1)  (from Ch. 120, par. 2001)
7     Sec. 1. Short title; use of tax. This Article shall be
8 known and may be cited as the "Telecommunications Excise Tax
9 Act". The net proceeds from the taxes imposed by this Act shall
10 be used for the support of the General Revenue Fund and
11 education.
12 (Source: P.A. 84-126.)