Date | Chamber | Action |
4/25/2018 | House | Third Reading - Short Debate - Lost 042-061-003 |
35 ILCS 120/11 | from Ch. 120, par. 450 |
Fiscal Note, House Committee Amendment No. 2 (Dept. of Revenue) | |
HB 2717 (H-AM 2) allows third-party consultants access to confidential allocation reports provided to municipalities and counties in order to verify the accuracy of amounts remitted and at the same time specifies that third-party consultants may not use those reports to verify the accuracy of amounts indicated on returns submitted to the Department of Revenue. However, the verification of amounts remitted necessitates a review of the associated returns. This would leave the Department in the position of having to re-review the accuracy of returns in order to verify the accuracy of amounts remitted. Consequently, in addition to the review in which the State currently engages when processing returns and allocating revenues to municipalities and counties, this bill would allow third-party consultants to request, without limitation, that the State re-review returns to verify amounts allocated. The volume of requests is expected to be significant. Municipalities are incentivized by the lure of identifying revenues without having to invest any time or resources and third-party contractors are incentivized by the potential for contingent fees for simply requesting the State re-review returns to verify allocation amounts, hence verify the accuracy of amounts indicated on returns. The State is the only entity incurring significant costs to implement HB 2717 as amended HCA 2. To illustrate the potential scope, it's necessary to note there are currently 235,234 active retailers in Illinois. Of these, 30,439 have multiple sites ranging from 2 to 1,399 locations within Illinois. The number of returns filed by these taxpayers per year is 1,512,875. Assuming it takes a minimum of 30 minutes to re-review each return, without promise of found revenue, the State would need 450 additional Revenue Tax Specialists at a cost of $36,121,680.00 per year. While it is difficult to precisely predict the volume of requests that would occur if HB 2717 as amended by HCA 2 were to become law, as noted there is no disincentive to request the State re-review returns to verify amounts allocated. |
Date | Chamber | Action | 2/8/2017 | House | Filed with the Clerk by Rep. Emanuel Chris Welch | 2/8/2017 | House | First Reading | 2/8/2017 | House | Referred to Rules Committee | 2/22/2017 | House | Assigned to Revenue & Finance Committee | 3/8/2017 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Emanuel Chris Welch | 3/8/2017 | House | House Committee Amendment No. 1 Referred to Rules Committee | 3/9/2017 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee | 3/9/2017 | House | To Sales and Other Taxes Subcommittee | 3/24/2017 | House | House Committee Amendment No. 2 Filed with Clerk by Rep. Emanuel Chris Welch | 3/24/2017 | House | House Committee Amendment No. 2 Referred to Rules Committee | 3/27/2017 | House | House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee | 3/31/2017 | House | Rule 19(a) / Re-referred to Rules Committee | 3/31/2017 | House | House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee | 3/31/2017 | House | House Committee Amendment No. 2 Rule 19(a) / Re-referred to Rules Committee | 10/17/2017 | House | Assigned to Revenue & Finance Committee | 10/17/2017 | House | House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee | 12/15/2017 | House | Rule 19(b) / Re-referred to Rules Committee | 12/15/2017 | House | House Committee Amendment No. 2 Rule 19(b) / Re-referred to Rules Committee | 2/26/2018 | House | Assigned to Revenue & Finance Committee | 2/26/2018 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee | 2/26/2018 | House | House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee | 3/8/2018 | House | House Committee Amendment No. 2 Adopted in Revenue & Finance Committee; 010-000-000 | 3/8/2018 | House | Do Pass as Amended / Short Debate Revenue & Finance Committee; 008-002-000 | 3/8/2018 | House | House Committee Amendment No. 1 Tabled Pursuant to Rule 40 | 3/8/2018 | House | Placed on Calendar 2nd Reading - Short Debate | 4/3/2018 | House | Added Co-Sponsor Rep. Carol Ammons | 4/5/2018 | House | Added Co-Sponsor Rep. Anthony DeLuca | 4/9/2018 | House | House Committee Amendment No. 2 Fiscal Note Requested as Amended by Rep. Tom Demmer | 4/9/2018 | House | House Committee Amendment No. 2 State Mandates Fiscal Note Requested as Amended by Rep. Tom Demmer | 4/10/2018 | House | Second Reading - Short Debate | 4/10/2018 | House | Held on Calendar Order of Second Reading - Short Debate | 4/17/2018 | House | Second Reading - Short Debate | 4/17/2018 | House | Held on Calendar Order of Second Reading - Short Debate | 4/17/2018 | House | House Committee Amendment No. 2 Fiscal Note Filed as Amended | 4/19/2018 | House | Added Chief Co-Sponsor Rep. Barbara Wheeler | 4/24/2018 | House | House Committee Amendment No. 2 Note / Motion Filed - Note Act Does Not Apply Rep. Emanuel Chris Welch | 4/24/2018 | House | Motion Prevailed 060-048-000 | 4/24/2018 | House | State Mandates Fiscal Note Request is Inapplicable | 4/24/2018 | House | Placed on Calendar Order of 3rd Reading - Short Debate | 4/25/2018 | House | Third Reading - Short Debate - Lost 042-061-003 |