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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006 HB1733
Introduced 2/14/2005, by Rep. Michael J. Madigan - Barbara Flynn Currie - Dan Reitz 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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HB1733 |
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LRB094 03229 BDD 33230 b |
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| AN ACT concerning revenue.
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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
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 this State's sales and use tax. The
General Assembly |
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| further finds that this State should participate in multistate
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| discussions to review or amend or both review and amend the |
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| terms of the
Agreement to simplify and modernize sales tax and |
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| use tax administration in
order to substantially reduce the |
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| burden of tax compliance for all sellers and
for all types of |
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| commerce. |
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| (Source: P.A. 92-221, eff. 8-2-01.)
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