|
| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB0485 Introduced 2/8/2011, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
| | 35 ILCS 120/2i | from Ch. 120, par. 441i |
|
Amends the Retailers' Occupation Tax Act. Makes a technical change in a
Section concerning the bonding requirement.
|
| |
| | A BILL FOR |
|
|
| | SB0485 | | LRB097 04148 HLH 44187 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 Retailers' Occupation Tax Act is amended by |
| 5 | | changing Section 2i as follows:
|
| 6 | | (35 ILCS 120/2i) (from Ch. 120, par. 441i)
|
| 7 | | Sec. 2i.
Notwithstanding any other provision to the
the |
| 8 | | contrary, any person
who is required to file a bond pursuant to |
| 9 | | any provision of this Act and
who has continuously complied |
| 10 | | with all provisions of this Act for 24 or
more consecutive |
| 11 | | months, shall no longer be required to comply with the
bonding |
| 12 | | provisions of this Act so long as such person continues his |
| 13 | | compliance
with the provisions of this Act. |
| 14 | | (Source: P.A. 84-1408.)
|