Illinois General Assembly - Full Text of SB3917
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Full Text of SB3917  102nd General Assembly

SB3917sam001 102ND GENERAL ASSEMBLY

Sen. Suzy Glowiak Hilton

Filed: 2/24/2022

 

 


 

 


 
10200SB3917sam001LRB102 23011 HLH 36854 a

1
AMENDMENT TO SENATE BILL 3917

2    AMENDMENT NO. ______. Amend Senate Bill 3917 on page 18,
3line 15, by replacing "2026" with "2025"; and
 
4on page 20, line 13, by replacing "2026" with "2025"; and
 
5on page 21, line 13, by replacing "2026" with "2025"; and
 
6on page 41, by replacing lines 8 and 9 with the following:
7    "(a) For tax years beginning on or after January 1, 2025, a
8taxpayer who has entered into an agreement under the"; and
 
9on page 44, by replacing lines 13 and 14 with the following:
10    "(a) For tax years beginning on or after January 1, 2025,
11a"; and
 
12by replacing everything from line 21 on page 44 through line 3
13on page 45 with the following:

 

 

10200SB3917sam001- 2 -LRB102 23011 HLH 36854 a

1"Opportunity (MICRO) Act. If the taxpayer is a partnership or
2a Subchapter S corporation, the credit shall be allowed to the
3partners or shareholders in accordance with the determination
4of income and distributive share of income under Sections 702
5and 704 and subchapter S of the Internal Revenue Code. The
6credit shall be"; and
 
7on page 54, line 2, by replacing "2025" with "2024"; and
 
8on page 59, immediately below line 14, by inserting the
9following:
 
10    "Section 907. The Use Tax Act is amended by changing
11Section 12 as follows:
 
12    (35 ILCS 105/12)  (from Ch. 120, par. 439.12)
13    Sec. 12. Applicability of Retailers' Occupation Tax Act
14and Uniform Penalty and Interest Act. All of the provisions of
15Sections 1d, 1e, 1f, 1i, 1j, 1j.1, 1k, 1m, 1n, 1o, 2-6, 2-12,
162-54, 2a, 2b, 2c, 3, 4 (except that the time limitation
17provisions shall run from the date when the tax is due rather
18than from the date when gross receipts are received), 5
19(except that the time limitation provisions on the issuance of
20notices of tax liability shall run from the date when the tax
21is due rather than from the date when gross receipts are
22received and except that in the case of a failure to file a

 

 

10200SB3917sam001- 3 -LRB102 23011 HLH 36854 a

1return required by this Act, no notice of tax liability shall
2be issued on and after each July 1 and January 1 covering tax
3due with that return during any month or period more than 6
4years before that July 1 or January 1, respectively), 5a, 5b,
55c, 5d, 5e, 5f, 5g, 5h, 5j, 5k, 5l, 5n, 7, 8, 9, 10, 11 and 12
6of the Retailers' Occupation Tax Act and Section 3-7 of the
7Uniform Penalty and Interest Act, which are not inconsistent
8with this Act, shall apply, as far as practicable, to the
9subject matter of this Act to the same extent as if such
10provisions were included herein.
11(Source: P.A. 98-1098, eff. 8-26-14.)
 
12    Section 908. The Service Use Tax Act is amended by
13changing Section 12 as follows:
 
14    (35 ILCS 110/12)  (from Ch. 120, par. 439.42)
15    Sec. 12. Applicability of Retailers' Occupation Tax Act
16and Uniform Penalty and Interest Act. All of the provisions of
17Sections 1d, 1e, 1f, 1i, 1j, 1j.1, 1k, 1m, 1n, 1o, 2-6, 2-12,
182-54, 2a, 2b, 2c, 3 (except as to the disposition by the
19Department of the money collected under this Act), 4 (except
20that the time limitation provisions shall run from the date
21when gross receipts are received), 5 (except that the time
22limitation provisions on the issuance of notices of tax
23liability shall run from the date when the tax is due rather
24than from the date when gross receipts are received and except

 

 

10200SB3917sam001- 4 -LRB102 23011 HLH 36854 a

1that in the case of a failure to file a return required by this
2Act, no notice of tax liability shall be issued on and after
3July 1 and January 1 covering tax due with that return during
4any month or period more than 6 years before that July 1 or
5January 1, respectively), 5a, 5b, 5c, 5d, 5e, 5f, 5g, 5j, 5k,
65l, 5n, 6d, 7, 8, 9, 10, 11 and 12 of the Retailers' Occupation
7Tax Act which are not inconsistent with this Act, and Section
83-7 of the Uniform Penalty and Interest Act, shall apply, as
9far as practicable, to the subject matter of this Act to the
10same extent as if such provisions were included herein.
11(Source: P.A. 98-1098, eff. 8-26-14; 99-217, eff. 7-31-15.)
 
12    Section 909. The Service Occupation Tax Act is amended by
13changing Section 12 as follows:
 
14    (35 ILCS 115/12)  (from Ch. 120, par. 439.112)
15    Sec. 12. All of the provisions of Sections 1d, 1e, 1f, 1i,
161j, 1j.1, 1k, 1m, 1n, 1o, 2-6, 2-12, 2-54, 2a, 2b, 2c, 3
17(except as to the disposition by the Department of the tax
18collected under this Act), 4 (except that the time limitation
19provisions shall run from the date when the tax is due rather
20than from the date when gross receipts are received), 5
21(except that the time limitation provisions on the issuance of
22notices of tax liability shall run from the date when the tax
23is due rather than from the date when gross receipts are
24received), 5a, 5b, 5c, 5d, 5e, 5f, 5g, 5j, 5k, 5l, 5n, 6d, 7,

 

 

10200SB3917sam001- 5 -LRB102 23011 HLH 36854 a

18, 9, 10, 11 and 12 of the "Retailers' Occupation Tax Act"
2which are not inconsistent with this Act, and Section 3-7 of
3the Uniform Penalty and Interest Act shall apply, as far as
4practicable, to the subject matter of this Act to the same
5extent as if such provisions were included herein.
6(Source: P.A. 98-1098, eff. 8-26-14; 99-217, eff. 7-31-15.)".