Full Text of SB0508 99th General Assembly
SB0508eng 99TH GENERAL ASSEMBLY |
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| 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 Illinois Promotion Act is amended by | 5 | | changing Section 4a as follows:
| 6 | | (20 ILCS 665/4a) (from Ch. 127, par. 200-24a)
| 7 | | Sec. 4a. Funds.
| 8 | | (1) All moneys deposited in the Tourism Promotion Fund | 9 | | pursuant to this
subsection are allocated to the Department for | 10 | | utilization, as
appropriated, in the performance of its powers | 11 | | under Section 4; except that during fiscal year 2013, the | 12 | | Department shall reserve $9,800,000 of the total funds | 13 | | available for appropriation in the Tourism Promotion Fund for | 14 | | appropriation to the Historic Preservation Agency for the | 15 | | operation of the Abraham Lincoln Presidential Library and | 16 | | Museum and State historic sites.
| 17 | | As soon as possible after the first day of each month, | 18 | | beginning July 1,
1997, upon certification of the Department of | 19 | | Revenue, the Comptroller shall
order transferred and the | 20 | | Treasurer shall transfer from the General Revenue
Fund to the | 21 | | Tourism Promotion Fund an amount equal to 13% of the net
| 22 | | revenue realized from the Hotel Operators' Occupation Tax Act | 23 | | plus an amount
equal to 13% of the net revenue realized from |
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| 1 | | any tax imposed under
Section
4.05 of the Chicago World's | 2 | | Fair-1992 Authority Act during the preceding month.
"Net | 3 | | revenue realized for a month" means the revenue collected by | 4 | | the State
under that Act during the previous month less the | 5 | | amount paid out during that
same month as refunds to taxpayers | 6 | | for overpayment of liability under that
Act.
| 7 | | (1.1) (Blank).
| 8 | | (2) As soon as possible after the first day of each month,
| 9 | | beginning July 1,
1997, upon certification of the Department of | 10 | | Revenue, the Comptroller shall
order transferred and the | 11 | | Treasurer shall transfer from the General Revenue
Fund to the | 12 | | Tourism
Promotion Fund an amount equal to 8% of the net revenue | 13 | | realized from the Hotel
Operators' Occupation Tax plus an | 14 | | amount equal to 8% of the net revenue
realized from any tax | 15 | | imposed under Section 4.05 of the Chicago World's
Fair-1992 | 16 | | Authority Act during the preceding month. "Net revenue realized | 17 | | for
a
month" means the revenue collected by the State under | 18 | | that Act during the
previous month less the amount paid out | 19 | | during that same month as refunds to
taxpayers for overpayment | 20 | | of liability under that Act.
| 21 | | All monies deposited in the Tourism Promotion Fund under | 22 | | this
subsection (2) shall be used solely as provided in this | 23 | | subsection to
advertise and promote tourism throughout | 24 | | Illinois. Appropriations of monies
deposited in the Tourism | 25 | | Promotion Fund pursuant to this subsection (2)
shall be used | 26 | | solely for advertising to promote tourism, including but not
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| 1 | | limited to advertising production and direct advertisement | 2 | | costs, but shall
not be used to employ any additional staff, | 3 | | finance any individual event,
or lease, rent or purchase any | 4 | | physical facilities. The Department shall
coordinate its | 5 | | advertising under this subsection (2) with other public and
| 6 | | private entities in the State engaged in similar promotion | 7 | | activities.
Print or electronic media production made pursuant | 8 | | to this subsection (2)
for advertising promotion shall not | 9 | | contain or include the physical
appearance of or reference to | 10 | | the name or position of any public officer.
"Public officer" | 11 | | means a person who is elected to office pursuant to
statute, or | 12 | | who is appointed to an office which is established, and the
| 13 | | qualifications and duties of which are prescribed, by statute, | 14 | | to discharge
a public duty for the State or any of its | 15 | | political subdivisions. | 16 | | (2.5) The Department shall make grants from the Tourism | 17 | | Promotion Fund, or its successor fund, to a municipality in | 18 | | which a municipal convention center is located, or to a | 19 | | convention center authority, for the purpose of reimbursing the | 20 | | municipality or convention center authority for qualified | 21 | | incentives provided by a municipal convention center or | 22 | | convention center authority. For the purposes of this | 23 | | subsection, "municipal convention center" means a convention | 24 | | or civic center owned by a unit of local government, or a | 25 | | municipal convention hall as defined in paragraph (1) of | 26 | | Section 11-65-1 of the Illinois Municipal Code, with contiguous |
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| 1 | | exhibition space ranging between 40,000 and 125,000 square | 2 | | feet. For purposes of this subsection, "convention center | 3 | | authority" means an Authority as defined by the Civic Center | 4 | | Code with contiguous exhibition space ranging between 40,000 | 5 | | and 125,000 square feet. For the purposes of this subsection, | 6 | | "qualified incentive" means an incentive provided for a | 7 | | convention, meeting, or trade show that, but for the incentive, | 8 | | would not have occurred in the State or been retained in the | 9 | | State. | 10 | | No later than May 15 of each year, the municipality where a | 11 | | municipal convention center is located, or convention center | 12 | | authority, shall certify to the Department the amount of funds | 13 | | expended in the previous fiscal year to provide qualified | 14 | | incentives. Grants awarded under this subsection (2.5) may not | 15 | | exceed 80% of the certified incentive amount. Further, in no | 16 | | event may the aggregate amount of grants certified and awarded | 17 | | to a single municipal convention center or convention center | 18 | | authority under this subsection exceed $200,000 in any calendar | 19 | | year. The municipality or convention center authority shall | 20 | | also certify (A) the net proceeds received under the Hotel | 21 | | Operators' Occupation Tax Act for the renting, leasing, or | 22 | | letting of hotel rooms in the municipality for the month in | 23 | | which the convention, meeting, or trade show occurs and (B) the | 24 | | average of the net proceeds received under the Hotel Operators' | 25 | | Occupation Tax Act for the renting, leasing, or letting of | 26 | | hotel rooms in the municipality for the same month in the 5 |
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| 1 | | immediately preceding years. The Department may request that | 2 | | the Auditor General conduct an audit of the accuracy of the | 3 | | certification. | 4 | | If the Department determines by its process of | 5 | | certification that qualified incentive funds, in whole or in | 6 | | part, were disbursed by the Department by means other than in | 7 | | accordance with the standards of this Section, then the amount | 8 | | transferred to the Tourism Promotion Fund shall be reduced | 9 | | during the next subsequent transfer in direct proportion to | 10 | | that amount determined to be in violation of the terms set | 11 | | forth in this Section. | 12 | | (3) Notwithstanding anything in this Section to the | 13 | | contrary, amounts transferred from the General Revenue Fund to | 14 | | the Tourism Promotion Fund pursuant to this Section shall not | 15 | | exceed $26,300,000 in State fiscal year 2012.
| 16 | | (Source: P.A. 97-641, eff. 12-19-11; 97-732, eff. 6-30-12.)
| 17 | | Section 99. Effective date. This Act takes effect upon | 18 | | becoming law. |
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