91st General Assembly
Status of HB1706
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RIGHTER, BOST, MITCHELL,BILL, MYERS,RICHARD, 
   O'CONNOR, KOSEL AND KLINGLER.

   New Act                                                                     
   30 ILCS 105/5.490 new                                                       

        Creates the Taxpayer General Refund Act.  Provides that  for  any      
   fiscal  year  in  which  the  revenues  into the State's general funds      
   exceed  the  prior  year's  general  funds  revenues  by   more   than      
   $750,000,000,  the  excess  funds shall be deposited into the Taxpayer      
   Refund Fund, a special fund created in the State  treasury  to  refund      
   excess  revenue  to  the  taxpayers.  Provides  that the Department of      
   Revenue shall distribute refunds from the fund pro rata based  on  the      
   liability  reported  on  and  paid  by  the taxpayer. Amends the State      
   Finance Act to create the Fund.                                             
   99-02-18  H  FILED WITH CLERK                                               
   99-02-18  H  FIRST READING                                                  
   99-02-18  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-18  H  ADDED AS A CO-SPONSOR                    RIGHTER               
   99-02-18  H  ADDED AS A CO-SPONSOR                    BOST                  
   99-02-18  H  ADDED AS A CO-SPONSOR                    MITCHELL,BILL         
   99-02-18  H  ADDED AS A CO-SPONSOR                    MYERS,RICHARD         
   99-02-18  H  ADDED AS A CO-SPONSOR                    ZICKUS                
   99-02-18  H  ADDED AS A CO-SPONSOR                    O'CONNOR              
   99-02-18  H  ADDED AS A CO-SPONSOR                    KOSEL                 
   99-02-18  H  ADDED AS A CO-SPONSOR                    KLINGLER              
   99-02-19  H  PRIMARY SPONSOR CHANGED TO               RIGHTER               
   99-02-24  H       ASSIGNED TO COMMITTEE               REVENUE               
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary