Illinois General Assembly - Bill Status for HB4300

Synopsis As Introduced
Creates the Coal Severance Tax Act. Imposes a tax upon the severance and preparation of coal for sale, profit, or commercial use, if the coal is severed from a mine located in this State. Provides that the rate of tax is 5% of the gross value of the severed coal. Contains provisions concerning returns and penalties. Effective January 1, 2020.

Actions

Date	Chamber	Action
1/28/2020	House	Filed with the Clerk by Rep. Daniel Didech
1/28/2020	House	First Reading
1/28/2020	House	Referred to Rules Committee
1/13/2021	House	Session Sine Die

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