94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB2707


 
Introduced 02/22/05, by Rep. Gary Hannig
 
SYNOPSIS AS INTRODUCED:
 		














20 ILCS 2505/2505-210
  was 20 ILCS 2505/39c-1







    Amends the Department of Revenue Law of the
Civil Administrative Code of Illinois.  In a Section requiring taxpayers with a certain annual tax liability to make payments by electronic funds transfer, deletes a provision exempting tax liability under the Motor Fuel Tax Law from the definition of "annual tax liability".  Effective January 1, 2006.
















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FISCAL NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











HB2707

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    AN ACT concerning State government.

 
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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 Department of Revenue Law of the
Civil 
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Administrative Code of Illinois is amended  by changing Section 
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2505-210 as follows:
 



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    (20 ILCS 2505/2505-210)  (was 20 ILCS 2505/39c-1)



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    Sec. 2505-210. Electronic funds transfer. 

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    (a) The Department may provide means by which
persons 
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having a tax liability under any Act administered by the 
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Department
may use electronic funds transfer to pay the tax 
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liability.

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    (b) Beginning on October 1, 2002, a taxpayer who has an 
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annual tax
liability of $200,000 or more shall make all 
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payments of that tax to the
Department by electronic funds 
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transfer.  Before August 1 of each year,
beginning in 2002, the 
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Department shall notify all taxpayers required to make
payments 
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by electronic funds transfer.  All taxpayers required to make 
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payments
by electronic funds transfer shall make those payments 
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for a minimum of one
year beginning on October 1.  For purposes 
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of this subsection (b), the term
"annual tax liability" means, 
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except as provided in subsections (c) and (d) of
this Section, 
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the sum of the taxpayer's liabilities under a tax Act

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administered by the Department,
except the Motor Fuel Tax Law 
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and the
Environmental Impact Fee Law,
for the immediately 
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preceding calendar year.

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    (c) For purposes of subsection (b), the term "annual tax 
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liability" means,
for a taxpayer that incurs a tax liability 
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under the Retailers' Occupation Tax
Act, Service Occupation Tax 
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Act, Use Tax Act, Service Use Tax Act, or any other
State or 
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local occupation or use tax law that is administered by the

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Department, the sum of the taxpayer's liabilities under the 
 


 






HB2707
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Retailers'
Occupation Tax Act, Service Occupation Tax Act, Use 
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Tax Act, Service Use Tax
Act, and all other State and local 
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occupation and use tax laws administered by
the Department for 
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the immediately preceding calendar year.

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    (d) For purposes of subsection (b), the term "annual tax 
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liability" means,
for a taxpayer that incurs an Illinois income 
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tax liability, the greater of:


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        (1) the amount of the taxpayer's tax liability under 
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    Article 7 of the
Illinois Income Tax Act for the 
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    immediately preceding calendar year; or


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        (2) the taxpayer's estimated tax payment obligation 
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    under Article 8 of the
Illinois Income Tax Act for the 
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    immediately preceding calendar year.

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    (e) The Department shall adopt such rules as are necessary 
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to effectuate a
program of electronic funds transfer and the 
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requirements of this Section.

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(Source: P.A. 91-239, eff. 1-1-00; 92-492, eff. 1-1-02.)

 

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    Section 99. Effective date. This Act takes effect January 
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1, 2006.