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Revenue Committee
Filed: 3/16/2005
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09400HB2707ham001 |
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LRB094 03734 BDD 43266 a |
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| AMENDMENT TO HOUSE BILL 2707
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| AMENDMENT NO. ______. Amend House Bill 2707 by replacing |
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| everything after the enacting clause with the following:
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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, through December 31, |
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09400HB2707ham001 |
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LRB094 03734 BDD 43266 a |
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| 2005, the Motor Fuel Tax Law and the
Environmental Impact Fee |
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| Law,
for the immediately 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 |
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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.".
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