State of Illinois
90th General Assembly
Legislation

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[ Introduced ][ Engrossed ][ House Amendment 001 ]

90_HB2910enr

      55 ILCS 5/5-1055.5 new
          Amends the Counties Code.  Allows a county to enter  into
      an intergovernmental agreement and by that agreement transfer
      to a home rule municipality that is located within the county
      a  share  of use and occupation tax receipts generated by the
      county.  Allows a county to enter into  an  intergovernmental
      agreement  and  by  that  agreement  receive from a home rule
      municipality located in  that  county  a  share  of  use  and
      occupation   tax   receipts   generated   by  the  home  rule
      municipality.  Effective immediately.
                                                     LRB9009437KDks
HB2910 Enrolled                                LRB9009437KDks
 1        AN ACT to amend  the  Counties  Code  by  adding  Section
 2    5-1055.5.
 3        Be  it  enacted  by  the People of the State of Illinois,
 4    represented in the General Assembly:
 5        Section  5.  The  Counties  Code  is  amended  by  adding
 6    Section 5-1055.5 as follows:
 7        (55 ILCS 5/5-1055.5 new)
 8        Sec. 5-1055.5.  Sharing use and occupation tax  receipts.
 9    A  county  with a population between 180,000 and 200,000 may,
10    but shall not be required to, enter into an intergovernmental
11    agreement and by that  agreement  transfer  to  a  home  rule
12    municipality that is located within the county a share of use
13    and  occupation  tax  receipts  generated  by  the county.  A
14    county with a population between 180,000 and 200,000 may, but
15    shall not be required to,  enter  into  an  intergovernmental
16    agreement  and  by  that  agreement  receive from a home rule
17    municipality located in  that  county  a  share  of  use  and
18    occupation   tax   receipts   generated   by  the  home  rule
19    municipality.
20        Section 99.  Effective date.  This Act takes effect  upon
21    becoming law.

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