Illinois General Assembly - Full Text of HB4540
Illinois General Assembly

Previous General Assemblies

Full Text of HB4540  99th General Assembly

HB4540 99TH GENERAL ASSEMBLY


 


 
99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB4540

 

Introduced , by Rep. Marcus C. Evans, Jr.

 

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.


LRB099 18142 HLH 42508 b

 

 

A BILL FOR

 

HB4540LRB099 18142 HLH 42508 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Retailers' Occupation Tax Act is amended by
5changing Section 2i as follows:
 
6    (35 ILCS 120/2i)  (from Ch. 120, par. 441i)
7    Sec. 2i. Notwithstanding any other provision to the the
8contrary, any person who is required to file a bond pursuant to
9any provision of this Act and who has continuously complied
10with all provisions of this Act for 24 or more consecutive
11months, shall no longer be required to comply with the bonding
12provisions of this Act so long as such person continues his
13compliance with the provisions of this Act.
14(Source: P.A. 84-1408.)