95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB5014


 
Introduced , by Rep. George Scully, Jr.
 
SYNOPSIS AS INTRODUCED:
 		








  



35 ILCS 615/2
  from Ch. 120, par. 467.17








    Amends the Gas Revenue Tax Act. Provides that each July 1, beginning on July 1, 2008, the rate of the tax imposed for gas that is
distributed, supplied, furnished, sold, or transported to a
residential customer is reduced by $0.006 per therm until the rate of the tax is zero, but provides that, in no case, shall the tax be imposed with respect to gas that is
distributed, supplied, furnished, sold, or transported to a
residential customer on or after July 1, 2012. Effective immediately.
















LRB095 17816 BDD 43895 b

















FISCAL NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











HB5014

LRB095 17816 BDD 43895 b






1
    AN ACT concerning revenue.

 
2
    Be it enacted by the People of the State of Illinois,
 
3
represented in the General Assembly:




 
4
    Section 5. The Gas Revenue Tax Act is amended  by changing 
5
Section 2 as follows:
 



6
    (35 ILCS 615/2)  (from Ch. 120, par. 467.17)



7
    Sec. 2. Tax imposed; rate; phase-out for residential 
8
customers.

9
    (a) Except as provided in subsection (b), a
A tax is 
10
imposed upon persons engaged in the business of
distributing, 
11
supplying, furnishing or selling gas to persons for use or

12
consumption and not for resale at the rate of 2.4 cents per 
13
therm of all
gas which is so distributed, supplied, furnished, 
14
sold or
transported to or for each customer in
the course of 
15
such business, or 5% of the gross receipts
received from each 
16
customer from
such business, whichever is the lower rate as 
17
applied to each customer
for that customer's billing period, 
18
provided that any change in rate
imposed by this amendatory
Act 
19
of 1985 shall become effective only with bills having a meter 
20
reading
date on or after January 1, 1986. However, such
taxes 
21
are not imposed with
respect to any business in interstate 
22
commerce, or otherwise to the extent
to which such business may 
23
not, under the Constitution and statutes of the
United States, 
 


 






HB5014
- 2 -
LRB095 17816 BDD 43895 b




1
be made the subject of taxation by this State.

2
    Nothing in this amendatory Act of 1985 shall impose a tax 
3
with respect
to any transaction with respect to which no tax 
4
was imposed immediately
preceding the
effective date of this 
5
amendatory Act of 1985.

6
    Beginning with bills issued to customers on and after 
7
October 1, 2003, no
tax shall be
imposed under this Act on 
8
transactions with customers who incur a tax liability
under the

9
Gas Use Tax Law.

10
    (b) Each July 1, beginning on July 1, 2008, the rate of the 
11
tax imposed under this Section for gas that is
distributed, 
12
supplied, furnished, sold, or transported to a
residential 
13
customer is reduced by $0.006 per therm until the rate of the 
14
tax is zero. In no case, however, shall the tax under this 
15
Section be imposed with respect to gas that is
distributed, 
16
supplied, furnished, sold, or transported to a
residential 
17
customer on or after July 1, 2012.
18
    For purposes of this subsection, "residential customer"

19
means a customer who is receiving gas or gas service for

20
household purposes that is either (i) distributed to a
dwelling 
21
of 2 or fewer units and billed under a residential
rate or (ii) 
22
distributed to a dwelling unit or units, billed
under a 
23
residential rate, and registered by a separate meter
for each 
24
dwelling unit.

25
(Source: P.A. 93-31, eff. 10-1-03.)


 
26
    Section 99. Effective date. This Act takes effect upon 
 


 






HB5014
- 3 -
LRB095 17816 BDD 43895 b




1
becoming law.