House Sponsors: BRUNSVOLD. Short description: CTY CD-ROCK ISLAND-SALES TAX Synopsis of Bill as introduced: Amends the Counties Code. Allows the Rock Island County Board, upon referendum approval, to impose a retailers' occupation tax, a service occupation tax, and a use tax at a rate of 1/4 of 1% for the sole purpose of obtaining funds for the economic development activities of Rock Island county and communities located within the county, including creation and retention of job opportunities, support of affordable housing opportunities, and enhancement of quality of life improvements. Repeals a Section in the Quad Cities Regional Economic Development Authority Act allowing the Quad Cities Regional Economic Development Authority, upon referendum approval, to impose a retailers' occupation tax and a service occupation tax to finance a U.S. Department of Defense facility. Effective immediately. STATE MANDATES FISCAL NOTE In the opinion of DCCA, HB687 fails to create a State mandate. FISCAL NOTE (Dept. of Revenue) HB 687 will generate an estimated $2,780,000 annually for the Rock Island County Board for economic development activities of the Quad Cities Regional Economic Development Authority. The Dept. of Revenue will realize additional indeterminable admini- strative costs for collection and enforcement of this tax with- out compensation. HOME RULE NOTE HB 687 does not preempt home rule authority. HOUSE AMENDMENT NO. 2. With respect to certification and filing of the results of a proposition or ordinance imposing, discontinuing or changing a use or occupation tax, changes the filing deadline to October 1 and the effective date to January 1. Makes a spelling correction. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status