92nd General Assembly
Summary of HB2441
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
House Sponsors:
BOLAND-BLACK-SCOTT-FOWLER-MOFFITT, CROTTY, DAVIS,STEVE, 
   GILES, JOHNSON, MAUTINO, SMITH,MICHAEL, FRANKS, MCGUIRE, 
   HOWARD, FORBY, DAVIS,MONIQUE, MCKEON AND HANNIG.

Short description: 
TAX EXEMPTION-PROPANE-OIL-GAS                                              

Synopsis of Bill as introduced:
        Amends the Department of Natural Resources Law (Conservation)  of      
   the   Civil  Administrative  Code  of  Illinois.   Provides  that  the      
   Department shall administer a program in which the Department provides      
   loans and grants for 90% of  the  costs  of  weatherization  and  heat      
   conservation  projects  (with the other 10% of the funding coming from      
   local funding)  for  municipalities,  public  and  parochial  schools,      
   hospitals,  churches,  and  other nonprofit organizations.  Amends the      
   Illinois Procurement Code concerning purchasing preferences.  Provides      
   that all new State facilities shall include, if  practical,  the  most      
   modern  energy-efficient  design,  including  active and passive solar      
   heating (as defined by the Department of Natural  Resources).   Amends      
   the  Illinois  Income  Tax  Act.   Creates  a  weatherization and heat      
   conservation tax credit in the amount of 10% of the amount spent in  a      
   taxable year on certain items.  Further amends the Illinois Income Tax      
   Act  and the State Revenue Sharing Act.  Provides that, beginning July      
   1, 2001, the Treasurer shall transfer  each  month  from  the  General      
   Revenue Fund to the Local Government Distributive Fund an amount equal      
   to  1/9  (now  1/10)  of  the  net  revenue  realized  from income tax      
   collections during the preceding month as certified by the  Department      
   of  Revenue.  Amends  the  Use  Tax  Act, the Service Use Tax Act, the      
   Service Occupation Tax Act, the Retailers' Occupation Tax Act, and the      
   Gas Revenue Tax Act.  Exempts propane, home heating oil,  and  natural      
   gas  from  the taxes imposed on residential customers under these Acts      
   during December, January, February, and March each year beginning with      
   December 2001. Amends the Counties Code, the Illinois Municipal  Code,      
   the  Civic  Center  Code,  the  Local  Mass  Transit District Act, the      
   Regional Transportation Authority Act, and the Water Commission Act of      
   1985.  Extends the tax exemption provisions to the use and  occupation      
   tax provisions in these Acts. Amends the State Mandates Act to require      
   implementation  without  reimbursement.    Preempts  home rule powers.      
   Effective immediately.                                                      
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status