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| 1 | AN ACT concerning revenue.
| ||||||||||||||||||||||||||||||||||||||||||
| 2 | Be it enacted by the People of the State of Illinois,
| ||||||||||||||||||||||||||||||||||||||||||
| 3 | represented in the General Assembly:
| ||||||||||||||||||||||||||||||||||||||||||
| 4 | Section 5. The State Finance Act is amended by adding | ||||||||||||||||||||||||||||||||||||||||||
| 5 | Sections 5.866 and 6z-101 as follows:
| ||||||||||||||||||||||||||||||||||||||||||
| 6 | (30 ILCS 105/5.866 new) | ||||||||||||||||||||||||||||||||||||||||||
| 7 | Sec. 5.866. The At-Risk Youth Assistance Fund.
| ||||||||||||||||||||||||||||||||||||||||||
| 8 | (30 ILCS 105/6z-101 new) | ||||||||||||||||||||||||||||||||||||||||||
| 9 | Sec. 6z-101. At-Risk Youth Assistance Fund; creation. | ||||||||||||||||||||||||||||||||||||||||||
| 10 | (a) The At-Risk Youth Assistance Fund is hereby created as | ||||||||||||||||||||||||||||||||||||||||||
| 11 | a special fund in the State treasury. Moneys in the Fund may be | ||||||||||||||||||||||||||||||||||||||||||
| 12 | used for the following purposes, subject to appropriation: (1) | ||||||||||||||||||||||||||||||||||||||||||
| 13 | to provide community college scholarships and grants to at-risk | ||||||||||||||||||||||||||||||||||||||||||
| 14 | youth; (2) to make grants for the purpose of establishing and | ||||||||||||||||||||||||||||||||||||||||||
| 15 | continuing summer job programs in communities in which at-risk | ||||||||||||||||||||||||||||||||||||||||||
| 16 | youth reside; (3) for juvenile justice programs; and (4) to | ||||||||||||||||||||||||||||||||||||||||||
| 17 | make grants to trauma centers in high crime areas for medical | ||||||||||||||||||||||||||||||||||||||||||
| 18 | emergency responses. | ||||||||||||||||||||||||||||||||||||||||||
| 19 | (b) For the purposes of this Section: | ||||||||||||||||||||||||||||||||||||||||||
| 20 | "At-risk youth" means an individual between the ages of 16 | ||||||||||||||||||||||||||||||||||||||||||
| 21 | and 22 who resides in a high crime area. | ||||||||||||||||||||||||||||||||||||||||||
| 22 | "High crime area" means a census tract in which the | ||||||||||||||||||||||||||||||||||||||||||
| |||||||
| |||||||
| 1 | homicide rate is more than 4 times higher than the average | ||||||
| 2 | homicide rate for a municipality that is the same size as the | ||||||
| 3 | municipality in which the census tract is located, according to | ||||||
| 4 | statistics generated by the Federal Bureau of Investigation as | ||||||
| 5 | part of the Uniform Crime Reporting (UCR) Program. | ||||||
| 6 | "Trauma center" has the same meaning as in the Emergency | ||||||
| 7 | Medical Services (EMS) Systems Act.
| ||||||
| 8 | Section 10. The Use Tax Act is amended by changing Sections | ||||||
| 9 | 3-10 and 9 as follows:
| ||||||
| 10 | (35 ILCS 105/3-10)
| ||||||
| 11 | Sec. 3-10. Rate of tax. Unless otherwise provided in this | ||||||
| 12 | Section, the tax
imposed by this Act is at the rate of 6.25% of | ||||||
| 13 | either the selling price or the
fair market value, if any, of | ||||||
| 14 | the tangible personal property. In all cases
where property | ||||||
| 15 | functionally used or consumed is the same as the property that
| ||||||
| 16 | was purchased at retail, then the tax is imposed on the selling | ||||||
| 17 | price of the
property. In all cases where property functionally | ||||||
| 18 | used or consumed is a
by-product or waste product that has been | ||||||
| 19 | refined, manufactured, or produced
from property purchased at | ||||||
| 20 | retail, then the tax is imposed on the lower of the
fair market | ||||||
| 21 | value, if any, of the specific property so used in this State | ||||||
| 22 | or on
the selling price of the property purchased at retail. | ||||||
| 23 | For purposes of this
Section "fair market value" means the | ||||||
| 24 | price at which property would change
hands between a willing | ||||||
| |||||||
| |||||||
| 1 | buyer and a willing seller, neither being under any
compulsion | ||||||
| 2 | to buy or sell and both having reasonable knowledge of the
| ||||||
| 3 | relevant facts. The fair market value shall be established by | ||||||
| 4 | Illinois sales by
the taxpayer of the same property as that | ||||||
| 5 | functionally used or consumed, or if
there are no such sales by | ||||||
| 6 | the taxpayer, then comparable sales or purchases of
property of | ||||||
| 7 | like kind and character in Illinois.
| ||||||
| 8 | Beginning on July 1, 2000 and through December 31, 2000, | ||||||
| 9 | with respect to
motor fuel, as defined in Section 1.1 of the | ||||||
| 10 | Motor Fuel Tax
Law, and gasohol, as defined in Section 3-40 of | ||||||
| 11 | the Use Tax Act, the tax is
imposed at the rate of 1.25%.
| ||||||
| 12 | Beginning on August 6, 2010 through August 15, 2010, with | ||||||
| 13 | respect to sales tax holiday items as defined in Section 3-6 of | ||||||
| 14 | this Act, the
tax is imposed at the rate of 1.25%. | ||||||
| 15 | With respect to gasohol, the tax imposed by this Act | ||||||
| 16 | applies to (i) 70%
of the proceeds of sales made on or after | ||||||
| 17 | January 1, 1990, and before
July 1, 2003, (ii) 80% of the | ||||||
| 18 | proceeds of sales made
on or after July 1, 2003 and on or | ||||||
| 19 | before December 31, 2018, and (iii) 100% of the proceeds of | ||||||
| 20 | sales made
thereafter.
If, at any time, however, the tax under | ||||||
| 21 | this Act on sales of gasohol is
imposed at the
rate of 1.25%, | ||||||
| 22 | then the tax imposed by this Act applies to 100% of the | ||||||
| 23 | proceeds
of sales of gasohol made during that time.
| ||||||
| 24 | With respect to majority blended ethanol fuel, the tax | ||||||
| 25 | imposed by this Act
does
not apply
to the proceeds of sales | ||||||
| 26 | made on or after July 1, 2003 and on or before
December
31, | ||||||
| |||||||
| |||||||
| 1 | 2018 but applies to 100% of the proceeds of sales made | ||||||
| 2 | thereafter.
| ||||||
| 3 | With respect to biodiesel blends with no less than 1% and | ||||||
| 4 | no more than 10%
biodiesel, the tax imposed by this Act applies | ||||||
| 5 | to (i) 80% of the
proceeds of sales made on or after July 1, | ||||||
| 6 | 2003 and on or before December 31, 2018
and (ii) 100% of the | ||||||
| 7 | proceeds of sales made
thereafter.
If, at any time, however, | ||||||
| 8 | the tax under this Act on sales of biodiesel blends
with no | ||||||
| 9 | less than 1% and no more than 10% biodiesel
is imposed at the | ||||||
| 10 | rate of
1.25%, then the
tax imposed by this Act applies to 100% | ||||||
| 11 | of the proceeds of sales of biodiesel
blends with no less than | ||||||
| 12 | 1% and no more than 10% biodiesel
made
during that time.
| ||||||
| 13 | With respect to 100% biodiesel and biodiesel blends with | ||||||
| 14 | more than 10%
but no more than 99% biodiesel, the tax imposed | ||||||
| 15 | by this Act does not apply to
the
proceeds of sales made on or | ||||||
| 16 | after July 1, 2003 and on or before
December 31, 2018 but | ||||||
| 17 | applies to 100% of the proceeds of sales made
thereafter.
| ||||||
| 18 | With respect to food for human consumption that is to be | ||||||
| 19 | consumed off the
premises where it is sold (other than | ||||||
| 20 | alcoholic beverages, soft drinks, and
food that has been | ||||||
| 21 | prepared for immediate consumption) and prescription and
| ||||||
| 22 | nonprescription medicines, drugs, medical appliances, | ||||||
| 23 | modifications to a motor
vehicle for the purpose of rendering | ||||||
| 24 | it usable by a disabled person, and
insulin, urine testing | ||||||
| 25 | materials, syringes, and needles used by diabetics, for
human | ||||||
| 26 | use, the tax is imposed at the rate of 1%. For the purposes of | ||||||
| |||||||
| |||||||
| 1 | this
Section, until September 1, 2009: the term "soft drinks" | ||||||
| 2 | means any complete, finished, ready-to-use,
non-alcoholic | ||||||
| 3 | drink, whether carbonated or not, including but not limited to
| ||||||
| 4 | soda water, cola, fruit juice, vegetable juice, carbonated | ||||||
| 5 | water, and all other
preparations commonly known as soft drinks | ||||||
| 6 | of whatever kind or description that
are contained in any | ||||||
| 7 | closed or sealed bottle, can, carton, or container,
regardless | ||||||
| 8 | of size; but "soft drinks" does not include coffee, tea, | ||||||
| 9 | non-carbonated
water, infant formula, milk or milk products as | ||||||
| 10 | defined in the Grade A
Pasteurized Milk and Milk Products Act, | ||||||
| 11 | or drinks containing 50% or more
natural fruit or vegetable | ||||||
| 12 | juice.
| ||||||
| 13 | Notwithstanding any other provisions of this
Act, | ||||||
| 14 | beginning September 1, 2009, "soft drinks" means non-alcoholic | ||||||
| 15 | beverages that contain natural or artificial sweeteners. "Soft | ||||||
| 16 | drinks" do not include beverages that contain milk or milk | ||||||
| 17 | products, soy, rice or similar milk substitutes, or greater | ||||||
| 18 | than 50% of vegetable or fruit juice by volume. | ||||||
| 19 | Until August 1, 2009, and notwithstanding any other | ||||||
| 20 | provisions of this
Act, "food for human consumption that is to | ||||||
| 21 | be consumed off the premises where
it is sold" includes all | ||||||
| 22 | food sold through a vending machine, except soft
drinks and | ||||||
| 23 | food products that are dispensed hot from a vending machine,
| ||||||
| 24 | regardless of the location of the vending machine. Beginning | ||||||
| 25 | August 1, 2009, and notwithstanding any other provisions of | ||||||
| 26 | this Act, "food for human consumption that is to be consumed | ||||||
| |||||||
| |||||||
| 1 | off the premises where it is sold" includes all food sold | ||||||
| 2 | through a vending machine, except soft drinks, candy, and food | ||||||
| 3 | products that are dispensed hot from a vending machine, | ||||||
| 4 | regardless of the location of the vending machine.
| ||||||
| 5 | Notwithstanding any other provisions of this
Act, | ||||||
| 6 | beginning September 1, 2009, "food for human consumption that | ||||||
| 7 | is to be consumed off the premises where
it is sold" does not | ||||||
| 8 | include candy. For purposes of this Section, "candy" means a | ||||||
| 9 | preparation of sugar, honey, or other natural or artificial | ||||||
| 10 | sweeteners in combination with chocolate, fruits, nuts or other | ||||||
| 11 | ingredients or flavorings in the form of bars, drops, or | ||||||
| 12 | pieces. "Candy" does not include any preparation that contains | ||||||
| 13 | flour or requires refrigeration. | ||||||
| 14 | Notwithstanding any other provisions of this
Act, | ||||||
| 15 | beginning September 1, 2009, "nonprescription medicines and | ||||||
| 16 | drugs" does not include grooming and hygiene products. For | ||||||
| 17 | purposes of this Section, "grooming and hygiene products" | ||||||
| 18 | includes, but is not limited to, soaps and cleaning solutions, | ||||||
| 19 | shampoo, toothpaste, mouthwash, antiperspirants, and sun tan | ||||||
| 20 | lotions and screens, unless those products are available by | ||||||
| 21 | prescription only, regardless of whether the products meet the | ||||||
| 22 | definition of "over-the-counter-drugs". For the purposes of | ||||||
| 23 | this paragraph, "over-the-counter-drug" means a drug for human | ||||||
| 24 | use that contains a label that identifies the product as a drug | ||||||
| 25 | as required by 21 C.F.R. § 201.66. The "over-the-counter-drug" | ||||||
| 26 | label includes: | ||||||
| |||||||
| |||||||
| 1 | (A) A "Drug Facts" panel; or | ||||||
| 2 | (B) A statement of the "active ingredient(s)" with a | ||||||
| 3 | list of those ingredients contained in the compound, | ||||||
| 4 | substance or preparation. | ||||||
| 5 | Beginning on the effective date of this amendatory Act of | ||||||
| 6 | the 98th General Assembly, "prescription and nonprescription | ||||||
| 7 | medicines and drugs" includes medical cannabis purchased from a | ||||||
| 8 | registered dispensing organization under the Compassionate Use | ||||||
| 9 | of Medical Cannabis Pilot Program Act. | ||||||
| 10 | Beginning January 1, 2016, in addition to all other rates | ||||||
| 11 | of tax imposed under this Act, a surcharge of 3.75%% is imposed | ||||||
| 12 | on the selling price of (1) each firearm purchased in the State | ||||||
| 13 | and (2) each component part to a firearm, if that component | ||||||
| 14 | part is sold separately. "Firearm" has the meaning ascribed to | ||||||
| 15 | that term in Section 1.1 of the Firearm Owners Identification | ||||||
| 16 | Card Act. | ||||||
| 17 | If the property that is purchased at retail from a retailer | ||||||
| 18 | is acquired
outside Illinois and used outside Illinois before | ||||||
| 19 | being brought to Illinois
for use here and is taxable under | ||||||
| 20 | this Act, the "selling price" on which
the tax is computed | ||||||
| 21 | shall be reduced by an amount that represents a
reasonable | ||||||
| 22 | allowance for depreciation for the period of prior out-of-state | ||||||
| 23 | use.
| ||||||
| 24 | (Source: P.A. 97-636, eff. 6-1-12; 98-122, eff. 1-1-14.)
| ||||||
| 25 | (35 ILCS 105/9) (from Ch. 120, par. 439.9) | ||||||
| |||||||
| |||||||
| 1 | Sec. 9. Except as to motor vehicles, watercraft, aircraft, | ||||||
| 2 | and
trailers that are required to be registered with an agency | ||||||
| 3 | of this State,
each retailer
required or authorized to collect | ||||||
| 4 | the tax imposed by this Act shall pay
to the Department the | ||||||
| 5 | amount of such tax (except as otherwise provided)
at the time | ||||||
| 6 | when he is required to file his return for the period during
| ||||||
| 7 | which such tax was collected, less a discount of 2.1% prior to
| ||||||
| 8 | January 1, 1990, and 1.75% on and after January 1, 1990, or $5 | ||||||
| 9 | per calendar
year, whichever is greater, which is allowed to | ||||||
| 10 | reimburse the retailer
for expenses incurred in collecting the | ||||||
| 11 | tax, keeping records, preparing
and filing returns, remitting | ||||||
| 12 | the tax and supplying data to the
Department on request. In the | ||||||
| 13 | case of retailers who report and pay the
tax on a transaction | ||||||
| 14 | by transaction basis, as provided in this Section,
such | ||||||
| 15 | discount shall be taken with each such tax remittance instead | ||||||
| 16 | of
when such retailer files his periodic return. The Department | ||||||
| 17 | may disallow the discount for retailers whose certificate of | ||||||
| 18 | registration is revoked at the time the return is filed, but | ||||||
| 19 | only if the Department's decision to revoke the certificate of | ||||||
| 20 | registration has become final. A retailer need not remit
that | ||||||
| 21 | part of any tax collected by him to the extent that he is | ||||||
| 22 | required
to remit and does remit the tax imposed by the | ||||||
| 23 | Retailers' Occupation
Tax Act, with respect to the sale of the | ||||||
| 24 | same property. | ||||||
| 25 | Where such tangible personal property is sold under a | ||||||
| 26 | conditional
sales contract, or under any other form of sale | ||||||
| |||||||
| |||||||
| 1 | wherein the payment of
the principal sum, or a part thereof, is | ||||||
| 2 | extended beyond the close of
the period for which the return is | ||||||
| 3 | filed, the retailer, in collecting
the tax (except as to motor | ||||||
| 4 | vehicles, watercraft, aircraft, and
trailers that are required | ||||||
| 5 | to be registered with an agency of this State),
may collect for | ||||||
| 6 | each
tax return period, only the tax applicable to that part of | ||||||
| 7 | the selling
price actually received during such tax return | ||||||
| 8 | period. | ||||||
| 9 | Except as provided in this Section, on or before the | ||||||
| 10 | twentieth day of each
calendar month, such retailer shall file | ||||||
| 11 | a return for the preceding
calendar month. Such return shall be | ||||||
| 12 | filed on forms prescribed by the
Department and shall furnish | ||||||
| 13 | such information as the Department may
reasonably require. | ||||||
| 14 | The Department may require returns to be filed on a | ||||||
| 15 | quarterly basis.
If so required, a return for each calendar | ||||||
| 16 | quarter shall be filed on or
before the twentieth day of the | ||||||
| 17 | calendar month following the end of such
calendar quarter. The | ||||||
| 18 | taxpayer shall also file a return with the
Department for each | ||||||
| 19 | of the first two months of each calendar quarter, on or
before | ||||||
| 20 | the twentieth day of the following calendar month, stating: | ||||||
| 21 | 1. The name of the seller; | ||||||
| 22 | 2. The address of the principal place of business from | ||||||
| 23 | which he engages
in the business of selling tangible | ||||||
| 24 | personal property at retail in this State; | ||||||
| 25 | 3. The total amount of taxable receipts received by him | ||||||
| 26 | during the
preceding calendar month from sales of tangible | ||||||
| |||||||
| |||||||
| 1 | personal property by him
during such preceding calendar | ||||||
| 2 | month, including receipts from charge and
time sales, but | ||||||
| 3 | less all deductions allowed by law; | ||||||
| 4 | 4. The amount of credit provided in Section 2d of this | ||||||
| 5 | Act; | ||||||
| 6 | 5. The amount of tax due; | ||||||
| 7 | 5-5. The signature of the taxpayer; and | ||||||
| 8 | 6. Such other reasonable information as the Department | ||||||
| 9 | may
require. | ||||||
| 10 | If a taxpayer fails to sign a return within 30 days after | ||||||
| 11 | the proper notice
and demand for signature by the Department, | ||||||
| 12 | the return shall be considered
valid and any amount shown to be | ||||||
| 13 | due on the return shall be deemed assessed. | ||||||
| 14 | Beginning October 1, 1993, a taxpayer who has an average | ||||||
| 15 | monthly tax
liability of $150,000 or more shall make all | ||||||
| 16 | payments required by rules of the
Department by electronic | ||||||
| 17 | funds transfer. Beginning October 1, 1994, a taxpayer
who has | ||||||
| 18 | an average monthly tax liability of $100,000 or more shall make | ||||||
| 19 | all
payments required by rules of the Department by electronic | ||||||
| 20 | funds transfer.
Beginning October 1, 1995, a taxpayer who has | ||||||
| 21 | an average monthly tax liability
of $50,000 or more shall make | ||||||
| 22 | all payments required by rules of the Department
by electronic | ||||||
| 23 | funds transfer. Beginning October 1, 2000, a taxpayer who has
| ||||||
| 24 | an annual tax liability of $200,000 or more shall make all | ||||||
| 25 | payments required by
rules of the Department by electronic | ||||||
| 26 | funds transfer. The term "annual tax
liability" shall be the | ||||||
| |||||||
| |||||||
| 1 | sum of the taxpayer's liabilities under this Act, and
under all | ||||||
| 2 | other State and local occupation and use tax laws administered | ||||||
| 3 | by the
Department, for the immediately preceding calendar year. | ||||||
| 4 | The term "average
monthly tax liability" means
the sum of the | ||||||
| 5 | taxpayer's liabilities under this Act, and under all other | ||||||
| 6 | State
and local occupation and use tax laws administered by the | ||||||
| 7 | Department, for the
immediately preceding calendar year | ||||||
| 8 | divided by 12.
Beginning on October 1, 2002, a taxpayer who has | ||||||
| 9 | a tax liability in the
amount set forth in subsection (b) of | ||||||
| 10 | Section 2505-210 of the Department of
Revenue Law shall make | ||||||
| 11 | all payments required by rules of the Department by
electronic | ||||||
| 12 | funds transfer. | ||||||
| 13 | Before August 1 of each year beginning in 1993, the | ||||||
| 14 | Department shall notify
all taxpayers required to make payments | ||||||
| 15 | by electronic funds transfer. All
taxpayers required to make | ||||||
| 16 | payments by electronic funds transfer shall make
those payments | ||||||
| 17 | for a minimum of one year beginning on October 1. | ||||||
| 18 | Any taxpayer not required to make payments by electronic | ||||||
| 19 | funds transfer may
make payments by electronic funds transfer | ||||||
| 20 | with the permission of the
Department. | ||||||
| 21 | All taxpayers required to make payment by electronic funds | ||||||
| 22 | transfer and any
taxpayers authorized to voluntarily make | ||||||
| 23 | payments by electronic funds transfer
shall make those payments | ||||||
| 24 | in the manner authorized by the Department. | ||||||
| 25 | The Department shall adopt such rules as are necessary to | ||||||
| 26 | effectuate a
program of electronic funds transfer and the | ||||||
| |||||||
| |||||||
| 1 | requirements of this Section. | ||||||
| 2 | Before October 1, 2000, if the taxpayer's average monthly | ||||||
| 3 | tax liability
to the Department
under this Act, the Retailers' | ||||||
| 4 | Occupation Tax Act, the Service
Occupation Tax Act, the Service | ||||||
| 5 | Use Tax Act was $10,000 or more
during
the preceding 4 complete | ||||||
| 6 | calendar quarters, he shall file a return with the
Department | ||||||
| 7 | each month by the 20th day of the month next following the | ||||||
| 8 | month
during which such tax liability is incurred and shall | ||||||
| 9 | make payments to the
Department on or before the 7th, 15th, | ||||||
| 10 | 22nd and last day of the month
during which such liability is | ||||||
| 11 | incurred.
On and after October 1, 2000, if the taxpayer's | ||||||
| 12 | average monthly tax liability
to the Department under this Act, | ||||||
| 13 | the Retailers' Occupation Tax Act,
the
Service Occupation Tax | ||||||
| 14 | Act, and the Service Use Tax Act was $20,000 or more
during the | ||||||
| 15 | preceding 4 complete calendar quarters, he shall file a return | ||||||
| 16 | with
the Department each month by the 20th day of the month | ||||||
| 17 | next following the month
during which such tax liability is | ||||||
| 18 | incurred and shall make payment to the
Department on or before | ||||||
| 19 | the 7th, 15th, 22nd and last day of the
month during
which such | ||||||
| 20 | liability is incurred.
If the month during which such tax
| ||||||
| 21 | liability is incurred began prior to January 1, 1985, each | ||||||
| 22 | payment shall be
in an amount equal to 1/4 of the taxpayer's
| ||||||
| 23 | actual liability for the month or an amount set by the | ||||||
| 24 | Department not to
exceed 1/4 of the average monthly liability | ||||||
| 25 | of the taxpayer to the
Department for the preceding 4 complete | ||||||
| 26 | calendar quarters (excluding the
month of highest liability and | ||||||
| |||||||
| |||||||
| 1 | the month of lowest liability in such 4
quarter period). If the | ||||||
| 2 | month during which such tax liability is incurred
begins on or | ||||||
| 3 | after January 1, 1985, and prior to January 1, 1987, each
| ||||||
| 4 | payment shall be in an amount equal to 22.5% of the taxpayer's | ||||||
| 5 | actual liability
for the month or 27.5% of the taxpayer's | ||||||
| 6 | liability for the same calendar
month of the preceding year. If | ||||||
| 7 | the month during which such tax liability
is incurred begins on | ||||||
| 8 | or after January 1, 1987, and prior to January 1,
1988, each | ||||||
| 9 | payment shall be in an amount equal to 22.5% of the taxpayer's
| ||||||
| 10 | actual liability for the month or 26.25% of the taxpayer's | ||||||
| 11 | liability for
the same calendar month of the preceding year. If | ||||||
| 12 | the month during which such
tax liability is incurred begins on | ||||||
| 13 | or after January 1, 1988, and prior to
January 1, 1989,
or | ||||||
| 14 | begins on or after January 1, 1996, each payment shall be in an | ||||||
| 15 | amount equal
to 22.5% of the taxpayer's actual liability for | ||||||
| 16 | the month or 25% of the
taxpayer's liability for the same | ||||||
| 17 | calendar month of the preceding year. If the
month during which | ||||||
| 18 | such tax liability is incurred begins on or after January 1,
| ||||||
| 19 | 1989,
and prior to January 1, 1996, each payment shall be in an | ||||||
| 20 | amount equal to 22.5%
of the taxpayer's actual liability for | ||||||
| 21 | the month or 25% of the taxpayer's
liability for the same | ||||||
| 22 | calendar month of the preceding year or 100% of the
taxpayer's | ||||||
| 23 | actual liability for the quarter monthly reporting period. The
| ||||||
| 24 | amount of such quarter monthly payments shall be credited | ||||||
| 25 | against the final tax
liability
of the taxpayer's return for | ||||||
| 26 | that month. Before October 1, 2000, once
applicable, the | ||||||
| |||||||
| |||||||
| 1 | requirement
of the making of quarter monthly payments to the | ||||||
| 2 | Department shall continue
until such taxpayer's average | ||||||
| 3 | monthly liability to the Department during
the preceding 4 | ||||||
| 4 | complete calendar quarters (excluding the month of highest
| ||||||
| 5 | liability and the month of lowest liability) is less than
| ||||||
| 6 | $9,000, or until
such taxpayer's average monthly liability to | ||||||
| 7 | the Department as computed for
each calendar quarter of the 4 | ||||||
| 8 | preceding complete calendar quarter period
is less than | ||||||
| 9 | $10,000. However, if a taxpayer can show the
Department that
a | ||||||
| 10 | substantial change in the taxpayer's business has occurred | ||||||
| 11 | which causes
the taxpayer to anticipate that his average | ||||||
| 12 | monthly tax liability for the
reasonably foreseeable future | ||||||
| 13 | will fall below the $10,000 threshold
stated above, then
such | ||||||
| 14 | taxpayer
may petition the Department for change in such | ||||||
| 15 | taxpayer's reporting status.
On and after October 1, 2000, once | ||||||
| 16 | applicable, the requirement of the making
of quarter monthly | ||||||
| 17 | payments to the Department shall continue until such
taxpayer's | ||||||
| 18 | average monthly liability to the Department during the | ||||||
| 19 | preceding 4
complete calendar quarters (excluding the month of | ||||||
| 20 | highest liability and the
month of lowest liability) is less | ||||||
| 21 | than $19,000 or until such taxpayer's
average monthly liability | ||||||
| 22 | to the Department as computed for each calendar
quarter of the | ||||||
| 23 | 4 preceding complete calendar quarter period is less than
| ||||||
| 24 | $20,000. However, if a taxpayer can show the Department that a | ||||||
| 25 | substantial
change in the taxpayer's business has occurred | ||||||
| 26 | which causes the taxpayer to
anticipate that his average | ||||||
| |||||||
| |||||||
| 1 | monthly tax liability for the reasonably
foreseeable future | ||||||
| 2 | will fall below the $20,000 threshold stated above, then
such | ||||||
| 3 | taxpayer may petition the Department for a change in such | ||||||
| 4 | taxpayer's
reporting status.
The Department shall change such | ||||||
| 5 | taxpayer's reporting status unless it
finds that such change is | ||||||
| 6 | seasonal in nature and not likely to be long
term. If any such | ||||||
| 7 | quarter monthly payment is not paid at the time or in
the | ||||||
| 8 | amount required by this Section, then the taxpayer shall be | ||||||
| 9 | liable for
penalties and interest on
the difference between the | ||||||
| 10 | minimum amount due and the amount of such
quarter monthly | ||||||
| 11 | payment actually and timely paid, except insofar as the
| ||||||
| 12 | taxpayer has previously made payments for that month to the | ||||||
| 13 | Department in
excess of the minimum payments previously due as | ||||||
| 14 | provided in this Section.
The Department shall make reasonable | ||||||
| 15 | rules and regulations to govern the
quarter monthly payment | ||||||
| 16 | amount and quarter monthly payment dates for
taxpayers who file | ||||||
| 17 | on other than a calendar monthly basis. | ||||||
| 18 | If any such payment provided for in this Section exceeds | ||||||
| 19 | the taxpayer's
liabilities under this Act, the Retailers' | ||||||
| 20 | Occupation Tax Act, the Service
Occupation Tax Act and the | ||||||
| 21 | Service Use Tax Act, as shown by an original
monthly return, | ||||||
| 22 | the Department shall issue to the taxpayer a credit
memorandum | ||||||
| 23 | no later than 30 days after the date of payment, which
| ||||||
| 24 | memorandum may be submitted by the taxpayer to the Department | ||||||
| 25 | in payment of
tax liability subsequently to be remitted by the | ||||||
| 26 | taxpayer to the Department
or be assigned by the taxpayer to a | ||||||
| |||||||
| |||||||
| 1 | similar taxpayer under this Act, the
Retailers' Occupation Tax | ||||||
| 2 | Act, the Service Occupation Tax Act or the
Service Use Tax Act, | ||||||
| 3 | in accordance with reasonable rules and regulations to
be | ||||||
| 4 | prescribed by the Department, except that if such excess | ||||||
| 5 | payment is
shown on an original monthly return and is made | ||||||
| 6 | after December 31, 1986, no
credit memorandum shall be issued, | ||||||
| 7 | unless requested by the taxpayer. If no
such request is made, | ||||||
| 8 | the taxpayer may credit such excess payment against
tax | ||||||
| 9 | liability subsequently to be remitted by the taxpayer to the | ||||||
| 10 | Department
under this Act, the Retailers' Occupation Tax Act, | ||||||
| 11 | the Service Occupation
Tax Act or the Service Use Tax Act, in | ||||||
| 12 | accordance with reasonable rules and
regulations prescribed by | ||||||
| 13 | the Department. If the Department subsequently
determines that | ||||||
| 14 | all or any part of the credit taken was not actually due to
the | ||||||
| 15 | taxpayer, the taxpayer's 2.1% or 1.75% vendor's discount shall | ||||||
| 16 | be
reduced by 2.1% or 1.75% of the difference between the | ||||||
| 17 | credit taken and
that actually due, and the taxpayer shall be | ||||||
| 18 | liable for penalties and
interest on such difference. | ||||||
| 19 | If the retailer is otherwise required to file a monthly | ||||||
| 20 | return and if the
retailer's average monthly tax liability to | ||||||
| 21 | the Department
does not exceed $200, the Department may | ||||||
| 22 | authorize his returns to be
filed on a quarter annual basis, | ||||||
| 23 | with the return for January, February,
and March of a given | ||||||
| 24 | year being due by April 20 of such year; with the
return for | ||||||
| 25 | April, May and June of a given year being due by July 20 of
such | ||||||
| 26 | year; with the return for July, August and September of a given
| ||||||
| |||||||
| |||||||
| 1 | year being due by October 20 of such year, and with the return | ||||||
| 2 | for
October, November and December of a given year being due by | ||||||
| 3 | January 20
of the following year. | ||||||
| 4 | If the retailer is otherwise required to file a monthly or | ||||||
| 5 | quarterly
return and if the retailer's average monthly tax | ||||||
| 6 | liability to the
Department does not exceed $50, the Department | ||||||
| 7 | may authorize his returns to
be filed on an annual basis, with | ||||||
| 8 | the return for a given year being due by
January 20 of the | ||||||
| 9 | following year. | ||||||
| 10 | Such quarter annual and annual returns, as to form and | ||||||
| 11 | substance,
shall be subject to the same requirements as monthly | ||||||
| 12 | returns. | ||||||
| 13 | Notwithstanding any other provision in this Act concerning | ||||||
| 14 | the time
within which a retailer may file his return, in the | ||||||
| 15 | case of any retailer
who ceases to engage in a kind of business | ||||||
| 16 | which makes him responsible
for filing returns under this Act, | ||||||
| 17 | such retailer shall file a final
return under this Act with the | ||||||
| 18 | Department not more than one month after
discontinuing such | ||||||
| 19 | business. | ||||||
| 20 | In addition, with respect to motor vehicles, watercraft,
| ||||||
| 21 | aircraft, and trailers that are required to be registered with | ||||||
| 22 | an agency of
this State, every
retailer selling this kind of | ||||||
| 23 | tangible personal property shall file,
with the Department, | ||||||
| 24 | upon a form to be prescribed and supplied by the
Department, a | ||||||
| 25 | separate return for each such item of tangible personal
| ||||||
| 26 | property which the retailer sells, except that if, in the same
| ||||||
| |||||||
| |||||||
| 1 | transaction, (i) a retailer of aircraft, watercraft, motor | ||||||
| 2 | vehicles or
trailers transfers more than
one aircraft, | ||||||
| 3 | watercraft, motor
vehicle or trailer to another aircraft, | ||||||
| 4 | watercraft, motor vehicle or
trailer retailer for the purpose | ||||||
| 5 | of resale
or (ii) a retailer of aircraft, watercraft, motor | ||||||
| 6 | vehicles, or trailers
transfers more than one aircraft, | ||||||
| 7 | watercraft, motor vehicle, or trailer to a
purchaser for use as | ||||||
| 8 | a qualifying rolling stock as provided in Section 3-55 of
this | ||||||
| 9 | Act, then
that seller may report the transfer of all the
| ||||||
| 10 | aircraft, watercraft, motor
vehicles
or trailers involved in | ||||||
| 11 | that transaction to the Department on the same
uniform
| ||||||
| 12 | invoice-transaction reporting return form.
For purposes of | ||||||
| 13 | this Section, "watercraft" means a Class 2, Class 3, or
Class
4 | ||||||
| 14 | watercraft as defined in Section 3-2 of the Boat Registration | ||||||
| 15 | and Safety Act,
a
personal watercraft, or any boat equipped | ||||||
| 16 | with an inboard motor. | ||||||
| 17 | The transaction reporting return in the case of motor | ||||||
| 18 | vehicles
or trailers that are required to be registered with an | ||||||
| 19 | agency of this
State, shall
be the same document as the Uniform | ||||||
| 20 | Invoice referred to in Section 5-402
of the Illinois Vehicle | ||||||
| 21 | Code and must show the name and address of the
seller; the name | ||||||
| 22 | and address of the purchaser; the amount of the selling
price | ||||||
| 23 | including the amount allowed by the retailer for traded-in
| ||||||
| 24 | property, if any; the amount allowed by the retailer for the | ||||||
| 25 | traded-in
tangible personal property, if any, to the extent to | ||||||
| 26 | which Section 2 of
this Act allows an exemption for the value | ||||||
| |||||||
| |||||||
| 1 | of traded-in property; the
balance payable after deducting such | ||||||
| 2 | trade-in allowance from the total
selling price; the amount of | ||||||
| 3 | tax due from the retailer with respect to
such transaction; the | ||||||
| 4 | amount of tax collected from the purchaser by the
retailer on | ||||||
| 5 | such transaction (or satisfactory evidence that such tax is
not | ||||||
| 6 | due in that particular instance, if that is claimed to be the | ||||||
| 7 | fact);
the place and date of the sale; a sufficient | ||||||
| 8 | identification of the
property sold; such other information as | ||||||
| 9 | is required in Section 5-402 of
the Illinois Vehicle Code, and | ||||||
| 10 | such other information as the Department
may reasonably | ||||||
| 11 | require. | ||||||
| 12 | The transaction reporting return in the case of watercraft
| ||||||
| 13 | and aircraft must show
the name and address of the seller; the | ||||||
| 14 | name and address of the
purchaser; the amount of the selling | ||||||
| 15 | price including the amount allowed
by the retailer for | ||||||
| 16 | traded-in property, if any; the amount allowed by
the retailer | ||||||
| 17 | for the traded-in tangible personal property, if any, to
the | ||||||
| 18 | extent to which Section 2 of this Act allows an exemption for | ||||||
| 19 | the
value of traded-in property; the balance payable after | ||||||
| 20 | deducting such
trade-in allowance from the total selling price; | ||||||
| 21 | the amount of tax due
from the retailer with respect to such | ||||||
| 22 | transaction; the amount of tax
collected from the purchaser by | ||||||
| 23 | the retailer on such transaction (or
satisfactory evidence that | ||||||
| 24 | such tax is not due in that particular
instance, if that is | ||||||
| 25 | claimed to be the fact); the place and date of the
sale, a | ||||||
| 26 | sufficient identification of the property sold, and such other
| ||||||
| |||||||
| |||||||
| 1 | information as the Department may reasonably require. | ||||||
| 2 | Such transaction reporting return shall be filed not later | ||||||
| 3 | than 20
days after the date of delivery of the item that is | ||||||
| 4 | being sold, but may
be filed by the retailer at any time sooner | ||||||
| 5 | than that if he chooses to
do so. The transaction reporting | ||||||
| 6 | return and tax remittance or proof of
exemption from the tax | ||||||
| 7 | that is imposed by this Act may be transmitted to
the | ||||||
| 8 | Department by way of the State agency with which, or State | ||||||
| 9 | officer
with whom, the tangible personal property must be | ||||||
| 10 | titled or registered
(if titling or registration is required) | ||||||
| 11 | if the Department and such
agency or State officer determine | ||||||
| 12 | that this procedure will expedite the
processing of | ||||||
| 13 | applications for title or registration. | ||||||
| 14 | With each such transaction reporting return, the retailer | ||||||
| 15 | shall remit
the proper amount of tax due (or shall submit | ||||||
| 16 | satisfactory evidence that
the sale is not taxable if that is | ||||||
| 17 | the case), to the Department or its
agents, whereupon the | ||||||
| 18 | Department shall issue, in the purchaser's name, a
tax receipt | ||||||
| 19 | (or a certificate of exemption if the Department is
satisfied | ||||||
| 20 | that the particular sale is tax exempt) which such purchaser
| ||||||
| 21 | may submit to the agency with which, or State officer with | ||||||
| 22 | whom, he must
title or register the tangible personal property | ||||||
| 23 | that is involved (if
titling or registration is required) in | ||||||
| 24 | support of such purchaser's
application for an Illinois | ||||||
| 25 | certificate or other evidence of title or
registration to such | ||||||
| 26 | tangible personal property. | ||||||
| |||||||
| |||||||
| 1 | No retailer's failure or refusal to remit tax under this | ||||||
| 2 | Act
precludes a user, who has paid the proper tax to the | ||||||
| 3 | retailer, from
obtaining his certificate of title or other | ||||||
| 4 | evidence of title or
registration (if titling or registration | ||||||
| 5 | is required) upon satisfying
the Department that such user has | ||||||
| 6 | paid the proper tax (if tax is due) to
the retailer. The | ||||||
| 7 | Department shall adopt appropriate rules to carry out
the | ||||||
| 8 | mandate of this paragraph. | ||||||
| 9 | If the user who would otherwise pay tax to the retailer | ||||||
| 10 | wants the
transaction reporting return filed and the payment of | ||||||
| 11 | tax or proof of
exemption made to the Department before the | ||||||
| 12 | retailer is willing to take
these actions and such user has not | ||||||
| 13 | paid the tax to the retailer, such
user may certify to the fact | ||||||
| 14 | of such delay by the retailer, and may
(upon the Department | ||||||
| 15 | being satisfied of the truth of such certification)
transmit | ||||||
| 16 | the information required by the transaction reporting return
| ||||||
| 17 | and the remittance for tax or proof of exemption directly to | ||||||
| 18 | the
Department and obtain his tax receipt or exemption | ||||||
| 19 | determination, in
which event the transaction reporting return | ||||||
| 20 | and tax remittance (if a
tax payment was required) shall be | ||||||
| 21 | credited by the Department to the
proper retailer's account | ||||||
| 22 | with the Department, but without the 2.1% or 1.75%
discount | ||||||
| 23 | provided for in this Section being allowed. When the user pays
| ||||||
| 24 | the tax directly to the Department, he shall pay the tax in the | ||||||
| 25 | same
amount and in the same form in which it would be remitted | ||||||
| 26 | if the tax had
been remitted to the Department by the retailer. | ||||||
| |||||||
| |||||||
| 1 | Where a retailer collects the tax with respect to the | ||||||
| 2 | selling price
of tangible personal property which he sells and | ||||||
| 3 | the purchaser
thereafter returns such tangible personal | ||||||
| 4 | property and the retailer
refunds the selling price thereof to | ||||||
| 5 | the purchaser, such retailer shall
also refund, to the | ||||||
| 6 | purchaser, the tax so collected from the purchaser.
When filing | ||||||
| 7 | his return for the period in which he refunds such tax to
the | ||||||
| 8 | purchaser, the retailer may deduct the amount of the tax so | ||||||
| 9 | refunded
by him to the purchaser from any other use tax which | ||||||
| 10 | such retailer may
be required to pay or remit to the | ||||||
| 11 | Department, as shown by such return,
if the amount of the tax | ||||||
| 12 | to be deducted was previously remitted to the
Department by | ||||||
| 13 | such retailer. If the retailer has not previously
remitted the | ||||||
| 14 | amount of such tax to the Department, he is entitled to no
| ||||||
| 15 | deduction under this Act upon refunding such tax to the | ||||||
| 16 | purchaser. | ||||||
| 17 | Any retailer filing a return under this Section shall also | ||||||
| 18 | include
(for the purpose of paying tax thereon) the total tax | ||||||
| 19 | covered by such
return upon the selling price of tangible | ||||||
| 20 | personal property purchased by
him at retail from a retailer, | ||||||
| 21 | but as to which the tax imposed by this
Act was not collected | ||||||
| 22 | from the retailer filing such return, and such
retailer shall | ||||||
| 23 | remit the amount of such tax to the Department when
filing such | ||||||
| 24 | return. | ||||||
| 25 | If experience indicates such action to be practicable, the | ||||||
| 26 | Department
may prescribe and furnish a combination or joint | ||||||
| |||||||
| |||||||
| 1 | return which will
enable retailers, who are required to file | ||||||
| 2 | returns hereunder and also
under the Retailers' Occupation Tax | ||||||
| 3 | Act, to furnish all the return
information required by both | ||||||
| 4 | Acts on the one form. | ||||||
| 5 | Where the retailer has more than one business registered | ||||||
| 6 | with the
Department under separate registration under this Act, | ||||||
| 7 | such retailer may
not file each return that is due as a single | ||||||
| 8 | return covering all such
registered businesses, but shall file | ||||||
| 9 | separate returns for each such
registered business. | ||||||
| 10 | Beginning January 1, 1990, each month the Department shall | ||||||
| 11 | pay into the
State and Local Sales Tax Reform Fund, a special | ||||||
| 12 | fund in the State Treasury
which is hereby created, the net | ||||||
| 13 | revenue realized for the preceding month
from the 1% tax on | ||||||
| 14 | sales of food for human consumption which is to be
consumed off | ||||||
| 15 | the premises where it is sold (other than alcoholic beverages,
| ||||||
| 16 | soft drinks and food which has been prepared for immediate | ||||||
| 17 | consumption) and
prescription and nonprescription medicines, | ||||||
| 18 | drugs, medical appliances and
insulin, urine testing | ||||||
| 19 | materials, syringes and needles used by diabetics. | ||||||
| 20 | Beginning January 1, 1990, each month the Department shall | ||||||
| 21 | pay into
the County and Mass Transit District Fund 4% of the | ||||||
| 22 | net revenue realized
for the preceding month from the 6.25% | ||||||
| 23 | general rate
on the selling price of tangible personal property | ||||||
| 24 | which is purchased
outside Illinois at retail from a retailer | ||||||
| 25 | and which is titled or
registered by an agency of this State's | ||||||
| 26 | government. | ||||||
| |||||||
| |||||||
| 1 | Beginning January 1, 1990, each month the Department shall | ||||||
| 2 | pay into
the State and Local Sales Tax Reform Fund, a special | ||||||
| 3 | fund in the State
Treasury, 20% of the net revenue realized
for | ||||||
| 4 | the preceding month from the 6.25% general rate on the selling
| ||||||
| 5 | price of tangible personal property, other than tangible | ||||||
| 6 | personal property
which is purchased outside Illinois at retail | ||||||
| 7 | from a retailer and which is
titled or registered by an agency | ||||||
| 8 | of this State's government. | ||||||
| 9 | Beginning August 1, 2000, each
month the Department shall | ||||||
| 10 | pay into the
State and Local Sales Tax Reform Fund 100% of the | ||||||
| 11 | net revenue realized for the
preceding month from the 1.25% | ||||||
| 12 | rate on the selling price of motor fuel and
gasohol. Beginning | ||||||
| 13 | September 1, 2010, each
month the Department shall pay into the
| ||||||
| 14 | State and Local Sales Tax Reform Fund 100% of the net revenue | ||||||
| 15 | realized for the
preceding month from the 1.25% rate on the | ||||||
| 16 | selling price of sales tax holiday items. | ||||||
| 17 | Beginning January 1, 1990, each month the Department shall | ||||||
| 18 | pay into
the Local Government Tax Fund 16% of the net revenue | ||||||
| 19 | realized for the
preceding month from the 6.25% general rate on | ||||||
| 20 | the selling price of
tangible personal property which is | ||||||
| 21 | purchased outside Illinois at retail
from a retailer and which | ||||||
| 22 | is titled or registered by an agency of this
State's | ||||||
| 23 | government. | ||||||
| 24 | Beginning October 1, 2009, each month the Department shall | ||||||
| 25 | pay into the Capital Projects Fund an amount that is equal to | ||||||
| 26 | an amount estimated by the Department to represent 80% of the | ||||||
| |||||||
| |||||||
| 1 | net revenue realized for the preceding month from the sale of | ||||||
| 2 | candy, grooming and hygiene products, and soft drinks that had | ||||||
| 3 | been taxed at a rate of 1% prior to September 1, 2009 but that | ||||||
| 4 | are now taxed at 6.25%. | ||||||
| 5 | Beginning July 1, 2011, each
month the Department shall pay | ||||||
| 6 | into the Clean Air Act (CAA) Permit Fund 80% of the net revenue | ||||||
| 7 | realized for the
preceding month from the 6.25% general rate on | ||||||
| 8 | the selling price of sorbents used in Illinois in the process | ||||||
| 9 | of sorbent injection as used to comply with the Environmental | ||||||
| 10 | Protection Act or the federal Clean Air Act, but the total | ||||||
| 11 | payment into the Clean Air Act (CAA) Permit Fund under this Act | ||||||
| 12 | and the Retailers' Occupation Tax Act shall not exceed | ||||||
| 13 | $2,000,000 in any fiscal year. | ||||||
| 14 | Beginning July 1, 2013, each month the Department shall pay | ||||||
| 15 | into the Underground Storage Tank Fund from the proceeds | ||||||
| 16 | collected under this Act, the Service Use Tax Act, the Service | ||||||
| 17 | Occupation Tax Act, and the Retailers' Occupation Tax Act an | ||||||
| 18 | amount equal to the average monthly deficit in the Underground | ||||||
| 19 | Storage Tank Fund during the prior year, as certified annually | ||||||
| 20 | by the Illinois Environmental Protection Agency, but the total | ||||||
| 21 | payment into the Underground Storage Tank Fund under this Act, | ||||||
| 22 | the Service Use Tax Act, the Service Occupation Tax Act, and | ||||||
| 23 | the Retailers' Occupation Tax Act shall not exceed $18,000,000 | ||||||
| 24 | in any State fiscal year. As used in this paragraph, the | ||||||
| 25 | "average monthly deficit" shall be equal to the difference | ||||||
| 26 | between the average monthly claims for payment by the fund and | ||||||
| |||||||
| |||||||
| 1 | the average monthly revenues deposited into the fund, excluding | ||||||
| 2 | payments made pursuant to this paragraph. | ||||||
| 3 | Beginning January 1, 2016, the Department shall pay into | ||||||
| 4 | the At-Risk Youth Assistance Fund 100% of the net revenue | ||||||
| 5 | realized for the preceding month from the 3.75% surcharge on | ||||||
| 6 | the selling price of firearms and firearm component parts. | ||||||
| 7 | Of the remainder of the moneys received by the Department | ||||||
| 8 | pursuant to
this Act, (a) 1.75% thereof shall be paid
into the | ||||||
| 9 | Build Illinois Fund and (b) prior to July 1, 1989, 2.2% and
on | ||||||
| 10 | and after July 1, 1989, 3.8% thereof shall be paid into the
| ||||||
| 11 | Build Illinois Fund; provided, however, that if in any fiscal | ||||||
| 12 | year the
sum of (1) the aggregate of 2.2% or 3.8%, as the case | ||||||
| 13 | may be, of the
moneys received by the Department and required | ||||||
| 14 | to be paid into the Build
Illinois Fund pursuant to Section 3 | ||||||
| 15 | of the Retailers' Occupation Tax Act,
Section 9 of the Use Tax | ||||||
| 16 | Act, Section 9 of the Service Use
Tax Act, and Section 9 of the | ||||||
| 17 | Service Occupation Tax Act, such Acts being
hereinafter called | ||||||
| 18 | the "Tax Acts" and such aggregate of 2.2% or 3.8%, as
the case | ||||||
| 19 | may be, of moneys being hereinafter called the "Tax Act | ||||||
| 20 | Amount",
and (2) the amount transferred to the Build Illinois | ||||||
| 21 | Fund from the State
and Local Sales Tax Reform Fund shall be | ||||||
| 22 | less than the Annual Specified
Amount (as defined in Section 3 | ||||||
| 23 | of the Retailers' Occupation Tax Act), an
amount equal to the | ||||||
| 24 | difference shall be immediately paid into the Build
Illinois | ||||||
| 25 | Fund from other moneys received by the Department pursuant to | ||||||
| 26 | the
Tax Acts; and further provided, that if on the last | ||||||
| |||||||
| |||||||
| 1 | business day of any
month the sum of (1) the Tax Act Amount | ||||||
| 2 | required to be deposited into the
Build Illinois Bond Account | ||||||
| 3 | in the Build Illinois Fund during such month
and (2) the amount | ||||||
| 4 | transferred during such month to the Build Illinois Fund
from | ||||||
| 5 | the State and Local Sales Tax Reform Fund shall have been less | ||||||
| 6 | than
1/12 of the Annual Specified Amount, an amount equal to | ||||||
| 7 | the difference
shall be immediately paid into the Build | ||||||
| 8 | Illinois Fund from other moneys
received by the Department | ||||||
| 9 | pursuant to the Tax Acts; and,
further provided, that in no | ||||||
| 10 | event shall the payments required under the
preceding proviso | ||||||
| 11 | result in aggregate payments into the Build Illinois Fund
| ||||||
| 12 | pursuant to this clause (b) for any fiscal year in excess of | ||||||
| 13 | the greater
of (i) the Tax Act Amount or (ii) the Annual | ||||||
| 14 | Specified Amount for such
fiscal year; and, further provided, | ||||||
| 15 | that the amounts payable into the Build
Illinois Fund under | ||||||
| 16 | this clause (b) shall be payable only until such time
as the | ||||||
| 17 | aggregate amount on deposit under each trust
indenture securing | ||||||
| 18 | Bonds issued and outstanding pursuant to the Build
Illinois | ||||||
| 19 | Bond Act is sufficient, taking into account any future | ||||||
| 20 | investment
income, to fully provide, in accordance with such | ||||||
| 21 | indenture, for the
defeasance of or the payment of the | ||||||
| 22 | principal of, premium, if any, and
interest on the Bonds | ||||||
| 23 | secured by such indenture and on any Bonds expected
to be | ||||||
| 24 | issued thereafter and all fees and costs payable with respect | ||||||
| 25 | thereto,
all as certified by the Director of the
Bureau of the | ||||||
| 26 | Budget (now Governor's Office of Management and Budget). If
on | ||||||
| |||||||
| |||||||
| 1 | the last
business day of any month in which Bonds are | ||||||
| 2 | outstanding pursuant to the
Build Illinois Bond Act, the | ||||||
| 3 | aggregate of the moneys deposited
in the Build Illinois Bond | ||||||
| 4 | Account in the Build Illinois Fund in such month
shall be less | ||||||
| 5 | than the amount required to be transferred in such month from
| ||||||
| 6 | the Build Illinois Bond Account to the Build Illinois Bond | ||||||
| 7 | Retirement and
Interest Fund pursuant to Section 13 of the | ||||||
| 8 | Build Illinois Bond Act, an
amount equal to such deficiency | ||||||
| 9 | shall be immediately paid
from other moneys received by the | ||||||
| 10 | Department pursuant to the Tax Acts
to the Build Illinois Fund; | ||||||
| 11 | provided, however, that any amounts paid to the
Build Illinois | ||||||
| 12 | Fund in any fiscal year pursuant to this sentence shall be
| ||||||
| 13 | deemed to constitute payments pursuant to clause (b) of the | ||||||
| 14 | preceding
sentence and shall reduce the amount otherwise | ||||||
| 15 | payable for such fiscal year
pursuant to clause (b) of the | ||||||
| 16 | preceding sentence. The moneys received by
the Department | ||||||
| 17 | pursuant to this Act and required to be deposited into the
| ||||||
| 18 | Build Illinois Fund are subject to the pledge, claim and charge | ||||||
| 19 | set forth
in Section 12 of the Build Illinois Bond Act. | ||||||
| 20 | Subject to payment of amounts into the Build Illinois Fund | ||||||
| 21 | as provided in
the preceding paragraph or in any amendment | ||||||
| 22 | thereto hereafter enacted, the
following specified monthly | ||||||
| 23 | installment of the amount requested in the
certificate of the | ||||||
| 24 | Chairman of the Metropolitan Pier and Exposition
Authority | ||||||
| 25 | provided under Section 8.25f of the State Finance Act, but not | ||||||
| 26 | in
excess of the sums designated as "Total Deposit", shall be
| ||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 1 | deposited in the aggregate from collections under Section 9 of | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2 | the Use Tax
Act, Section 9 of the Service Use Tax Act, Section | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 3 | 9 of the Service
Occupation Tax Act, and Section 3 of the | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 4 | Retailers' Occupation Tax Act into
the McCormick Place | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 5 | Expansion Project Fund in the specified fiscal years. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||
| ||||||||||||
| ||||||||||||
| 3 | Beginning July 20, 1993 and in each month of each fiscal | |||||||||||
| 4 | year thereafter,
one-eighth of the amount requested in the | |||||||||||
| 5 | certificate of the Chairman of
the Metropolitan Pier and | |||||||||||
| 6 | Exposition Authority for that fiscal year, less
the amount | |||||||||||
| 7 | deposited into the McCormick Place Expansion Project Fund by | |||||||||||
| 8 | the
State Treasurer in the respective month under subsection | |||||||||||
| 9 | (g) of Section 13
of the Metropolitan Pier and Exposition | |||||||||||
| 10 | Authority Act, plus cumulative
deficiencies in the deposits | |||||||||||
| 11 | required under this Section for previous
months and years, | |||||||||||
| 12 | shall be deposited into the McCormick Place Expansion
Project | |||||||||||
| 13 | Fund, until the full amount requested for the fiscal year, but | |||||||||||
| 14 | not
in excess of the amount specified above as "Total Deposit", | |||||||||||
| 15 | has been deposited. | |||||||||||
| 16 | Subject to payment of amounts into the Build Illinois Fund | |||||||||||
| 17 | and the
McCormick Place Expansion Project Fund pursuant to the | |||||||||||
| 18 | preceding paragraphs or
in any amendments thereto
hereafter | |||||||||||
| 19 | enacted,
beginning July 1, 1993 and ending on September 30, | |||||||||||
| 20 | 2013, the Department shall each month pay into the Illinois
Tax | |||||||||||
| 21 | Increment Fund 0.27% of 80% of the net revenue realized for the | |||||||||||
| 22 | preceding
month from the 6.25% general rate on the selling | |||||||||||
| 23 | price of tangible personal
property. | |||||||||||
| 24 | Subject to payment of amounts into the Build Illinois Fund | |||||||||||
| 25 | and the
McCormick Place Expansion Project Fund pursuant to the | |||||||||||
| 26 | preceding paragraphs or in any
amendments thereto hereafter | |||||||||||
| |||||||
| |||||||
| 1 | enacted, beginning with the receipt of the first
report of | ||||||
| 2 | taxes paid by an eligible business and continuing for a 25-year
| ||||||
| 3 | period, the Department shall each month pay into the Energy | ||||||
| 4 | Infrastructure
Fund 80% of the net revenue realized from the | ||||||
| 5 | 6.25% general rate on the
selling price of Illinois-mined coal | ||||||
| 6 | that was sold to an eligible business.
For purposes of this | ||||||
| 7 | paragraph, the term "eligible business" means a new
electric | ||||||
| 8 | generating facility certified pursuant to Section 605-332 of | ||||||
| 9 | the
Department of Commerce and
Economic Opportunity Law of the | ||||||
| 10 | Civil Administrative
Code of Illinois. | ||||||
| 11 | Subject to payment of amounts into the Build Illinois Fund, | ||||||
| 12 | the McCormick Place Expansion Project Fund, the Illinois Tax | ||||||
| 13 | Increment Fund, and the Energy Infrastructure Fund pursuant to | ||||||
| 14 | the preceding paragraphs or in any amendments to this Section | ||||||
| 15 | hereafter enacted, beginning on the first day of the first | ||||||
| 16 | calendar month to occur on or after the effective date of this | ||||||
| 17 | amendatory Act of the 98th General Assembly, each month, from | ||||||
| 18 | the collections made under Section 9 of the Use Tax Act, | ||||||
| 19 | Section 9 of the Service Use Tax Act, Section 9 of the Service | ||||||
| 20 | Occupation Tax Act, and Section 3 of the Retailers' Occupation | ||||||
| 21 | Tax Act, the Department shall pay into the Tax Compliance and | ||||||
| 22 | Administration Fund, to be used, subject to appropriation, to | ||||||
| 23 | fund additional auditors and compliance personnel at the | ||||||
| 24 | Department of Revenue, an amount equal to 1/12 of 5% of 80% of | ||||||
| 25 | the cash receipts collected during the preceding fiscal year by | ||||||
| 26 | the Audit Bureau of the Department under the Use Tax Act, the | ||||||
| |||||||
| |||||||
| 1 | Service Use Tax Act, the Service Occupation Tax Act, the | ||||||
| 2 | Retailers' Occupation Tax Act, and associated local occupation | ||||||
| 3 | and use taxes administered by the Department. | ||||||
| 4 | Of the remainder of the moneys received by the Department | ||||||
| 5 | pursuant
to this Act, 75% thereof shall be paid into the State | ||||||
| 6 | Treasury and 25%
shall be reserved in a special account and | ||||||
| 7 | used only for the transfer to
the Common School Fund as part of | ||||||
| 8 | the monthly transfer from the General
Revenue Fund in | ||||||
| 9 | accordance with Section 8a of the State
Finance Act. | ||||||
| 10 | As soon as possible after the first day of each month, upon | ||||||
| 11 | certification
of the Department of Revenue, the Comptroller | ||||||
| 12 | shall order transferred and
the Treasurer shall transfer from | ||||||
| 13 | the General Revenue Fund to the Motor
Fuel Tax Fund an amount | ||||||
| 14 | equal to 1.7% of 80% of the net revenue realized
under this Act | ||||||
| 15 | for the second preceding month.
Beginning April 1, 2000, this | ||||||
| 16 | transfer is no longer required
and shall not be made. | ||||||
| 17 | Net revenue realized for a month shall be the revenue | ||||||
| 18 | collected
by the State pursuant to this Act, less the amount | ||||||
| 19 | paid out during that
month as refunds to taxpayers for | ||||||
| 20 | overpayment of liability. | ||||||
| 21 | For greater simplicity of administration, manufacturers, | ||||||
| 22 | importers
and wholesalers whose products are sold at retail in | ||||||
| 23 | Illinois by
numerous retailers, and who wish to do so, may | ||||||
| 24 | assume the responsibility
for accounting and paying to the | ||||||
| 25 | Department all tax accruing under this
Act with respect to such | ||||||
| 26 | sales, if the retailers who are affected do not
make written | ||||||
| |||||||
| |||||||
| 1 | objection to the Department to this arrangement. | ||||||
| 2 | (Source: P.A. 97-95, eff. 7-12-11; 97-333, eff. 8-12-11; 98-24, | ||||||
| 3 | eff. 6-19-13; 98-109, eff. 7-25-13; 98-496, eff. 1-1-14; | ||||||
| 4 | 98-756, eff. 7-16-14; 98-1098, eff. 8-26-14.)
| ||||||
| 5 | Section 15. The Service Use Tax Act is amended by changing | ||||||
| 6 | Sections 3-10 and 9 as follows:
| ||||||
| 7 | (35 ILCS 110/3-10) (from Ch. 120, par. 439.33-10)
| ||||||
| 8 | Sec. 3-10. Rate of tax. Unless otherwise provided in this | ||||||
| 9 | Section,
the tax imposed by this Act is at the rate of 6.25% of | ||||||
| 10 | the selling
price of tangible personal property transferred as | ||||||
| 11 | an incident to the sale
of service, but, for the purpose of | ||||||
| 12 | computing this tax, in no event shall
the selling price be less | ||||||
| 13 | than the cost price of the property to the
serviceman.
| ||||||
| 14 | Beginning on July 1, 2000 and through December 31, 2000, | ||||||
| 15 | with respect to
motor fuel, as defined in Section 1.1 of the | ||||||
| 16 | Motor Fuel Tax
Law, and gasohol, as defined in Section 3-40 of | ||||||
| 17 | the Use Tax Act, the tax is
imposed at
the rate of 1.25%.
| ||||||
| 18 | With respect to gasohol, as defined in the Use Tax Act, the | ||||||
| 19 | tax imposed
by this Act applies to (i) 70% of the selling price | ||||||
| 20 | of property transferred
as an incident to the sale of service | ||||||
| 21 | on or after January 1, 1990,
and before July 1, 2003, (ii) 80% | ||||||
| 22 | of the selling price of
property transferred as an incident to | ||||||
| 23 | the sale of service on or after July
1, 2003 and on or before | ||||||
| 24 | December 31, 2018, and (iii)
100% of the selling price | ||||||
| |||||||
| |||||||
| 1 | thereafter.
If, at any time, however, the tax under this Act on | ||||||
| 2 | sales of gasohol, as
defined in
the Use Tax Act, is imposed at | ||||||
| 3 | the rate of 1.25%, then the
tax imposed by this Act applies to | ||||||
| 4 | 100% of the proceeds of sales of gasohol
made during that time.
| ||||||
| 5 | With respect to majority blended ethanol fuel, as defined | ||||||
| 6 | in the Use Tax Act,
the
tax
imposed by this Act does not apply | ||||||
| 7 | to the selling price of property transferred
as an incident to | ||||||
| 8 | the sale of service on or after July 1, 2003 and on or before
| ||||||
| 9 | December 31, 2018 but applies to 100% of the selling price | ||||||
| 10 | thereafter.
| ||||||
| 11 | With respect to biodiesel blends, as defined in the Use Tax | ||||||
| 12 | Act, with no less
than 1% and no
more than 10% biodiesel, the | ||||||
| 13 | tax imposed by this Act
applies to (i) 80% of the selling price | ||||||
| 14 | of property transferred as an incident
to the sale of service | ||||||
| 15 | on or after July 1, 2003 and on or before December 31, 2018
and | ||||||
| 16 | (ii) 100% of the proceeds of the selling price
thereafter.
If, | ||||||
| 17 | at any time, however, the tax under this Act on sales of | ||||||
| 18 | biodiesel blends,
as
defined in the Use Tax Act, with no less | ||||||
| 19 | than 1% and no more than 10% biodiesel
is imposed at the rate | ||||||
| 20 | of 1.25%, then the
tax imposed by this Act applies to 100% of | ||||||
| 21 | the proceeds of sales of biodiesel
blends with no less than 1% | ||||||
| 22 | and no more than 10% biodiesel
made
during that time.
| ||||||
| 23 | With respect to 100% biodiesel, as defined in the Use Tax | ||||||
| 24 | Act, and biodiesel
blends, as defined in the Use Tax Act, with
| ||||||
| 25 | more than 10% but no more than 99% biodiesel, the tax imposed | ||||||
| 26 | by this Act
does not apply to the proceeds of the selling price | ||||||
| |||||||
| |||||||
| 1 | of property transferred
as an incident to the sale of service | ||||||
| 2 | on or after July 1, 2003 and on or before
December 31, 2018 but | ||||||
| 3 | applies to 100% of the selling price thereafter.
| ||||||
| 4 | At the election of any registered serviceman made for each | ||||||
| 5 | fiscal year,
sales of service in which the aggregate annual | ||||||
| 6 | cost price of tangible
personal property transferred as an | ||||||
| 7 | incident to the sales of service is
less than 35%, or 75% in | ||||||
| 8 | the case of servicemen transferring prescription
drugs or | ||||||
| 9 | servicemen engaged in graphic arts production, of the aggregate
| ||||||
| 10 | annual total gross receipts from all sales of service, the tax | ||||||
| 11 | imposed by
this Act shall be based on the serviceman's cost | ||||||
| 12 | price of the tangible
personal property transferred as an | ||||||
| 13 | incident to the sale of those services.
| ||||||
| 14 | The tax shall be imposed at the rate of 1% on food prepared | ||||||
| 15 | for
immediate consumption and transferred incident to a sale of | ||||||
| 16 | service subject
to this Act or the Service Occupation Tax Act | ||||||
| 17 | by an entity licensed under
the Hospital Licensing Act, the | ||||||
| 18 | Nursing Home Care Act, the ID/DD Community Care Act, the | ||||||
| 19 | Specialized Mental Health Rehabilitation Act of 2013, or the
| ||||||
| 20 | Child Care
Act of 1969. The tax shall
also be imposed at the | ||||||
| 21 | rate of 1% on food for human consumption that is to be
consumed | ||||||
| 22 | off the premises where it is sold (other than alcoholic | ||||||
| 23 | beverages,
soft drinks, and food that has been prepared for | ||||||
| 24 | immediate consumption and is
not otherwise included in this | ||||||
| 25 | paragraph) and prescription and nonprescription
medicines, | ||||||
| 26 | drugs, medical appliances, modifications to a motor vehicle for | ||||||
| |||||||
| |||||||
| 1 | the
purpose of rendering it usable by a disabled person, and | ||||||
| 2 | insulin, urine testing
materials,
syringes, and needles used by | ||||||
| 3 | diabetics, for
human use. For the purposes of this Section, | ||||||
| 4 | until September 1, 2009: the term "soft drinks" means any
| ||||||
| 5 | complete, finished, ready-to-use, non-alcoholic drink, whether | ||||||
| 6 | carbonated or
not, including but not limited to soda water, | ||||||
| 7 | cola, fruit juice, vegetable
juice, carbonated water, and all | ||||||
| 8 | other preparations commonly known as soft
drinks of whatever | ||||||
| 9 | kind or description that are contained in any closed or
sealed | ||||||
| 10 | bottle, can, carton, or container, regardless of size; but | ||||||
| 11 | "soft drinks"
does not include coffee, tea, non-carbonated | ||||||
| 12 | water, infant formula, milk or
milk products as defined in the | ||||||
| 13 | Grade A Pasteurized Milk and Milk Products Act,
or drinks | ||||||
| 14 | containing 50% or more natural fruit or vegetable juice.
| ||||||
| 15 | Notwithstanding any other provisions of this
Act, | ||||||
| 16 | beginning September 1, 2009, "soft drinks" means non-alcoholic | ||||||
| 17 | beverages that contain natural or artificial sweeteners. "Soft | ||||||
| 18 | drinks" do not include beverages that contain milk or milk | ||||||
| 19 | products, soy, rice or similar milk substitutes, or greater | ||||||
| 20 | than 50% of vegetable or fruit juice by volume. | ||||||
| 21 | Until August 1, 2009, and notwithstanding any other | ||||||
| 22 | provisions of this Act, "food for human
consumption that is to | ||||||
| 23 | be consumed off the premises where it is sold" includes
all | ||||||
| 24 | food sold through a vending machine, except soft drinks and | ||||||
| 25 | food products
that are dispensed hot from a vending machine, | ||||||
| 26 | regardless of the location of
the vending machine. Beginning | ||||||
| |||||||
| |||||||
| 1 | August 1, 2009, and notwithstanding any other provisions of | ||||||
| 2 | this Act, "food for human consumption that is to be consumed | ||||||
| 3 | off the premises where it is sold" includes all food sold | ||||||
| 4 | through a vending machine, except soft drinks, candy, and food | ||||||
| 5 | products that are dispensed hot from a vending machine, | ||||||
| 6 | regardless of the location of the vending machine.
| ||||||
| 7 | Notwithstanding any other provisions of this
Act, | ||||||
| 8 | beginning September 1, 2009, "food for human consumption that | ||||||
| 9 | is to be consumed off the premises where
it is sold" does not | ||||||
| 10 | include candy. For purposes of this Section, "candy" means a | ||||||
| 11 | preparation of sugar, honey, or other natural or artificial | ||||||
| 12 | sweeteners in combination with chocolate, fruits, nuts or other | ||||||
| 13 | ingredients or flavorings in the form of bars, drops, or | ||||||
| 14 | pieces. "Candy" does not include any preparation that contains | ||||||
| 15 | flour or requires refrigeration. | ||||||
| 16 | Notwithstanding any other provisions of this
Act, | ||||||
| 17 | beginning September 1, 2009, "nonprescription medicines and | ||||||
| 18 | drugs" does not include grooming and hygiene products. For | ||||||
| 19 | purposes of this Section, "grooming and hygiene products" | ||||||
| 20 | includes, but is not limited to, soaps and cleaning solutions, | ||||||
| 21 | shampoo, toothpaste, mouthwash, antiperspirants, and sun tan | ||||||
| 22 | lotions and screens, unless those products are available by | ||||||
| 23 | prescription only, regardless of whether the products meet the | ||||||
| 24 | definition of "over-the-counter-drugs". For the purposes of | ||||||
| 25 | this paragraph, "over-the-counter-drug" means a drug for human | ||||||
| 26 | use that contains a label that identifies the product as a drug | ||||||
| |||||||
| |||||||
| 1 | as required by 21 C.F.R. § 201.66. The "over-the-counter-drug" | ||||||
| 2 | label includes: | ||||||
| 3 | (A) A "Drug Facts" panel; or | ||||||
| 4 | (B) A statement of the "active ingredient(s)" with a | ||||||
| 5 | list of those ingredients contained in the compound, | ||||||
| 6 | substance or preparation. | ||||||
| 7 | Beginning on January 1, 2014 (the effective date of Public | ||||||
| 8 | Act 98-122), "prescription and nonprescription medicines and | ||||||
| 9 | drugs" includes medical cannabis purchased from a registered | ||||||
| 10 | dispensing organization under the Compassionate Use of Medical | ||||||
| 11 | Cannabis Pilot Program Act. | ||||||
| 12 | Beginning January 1, 2016, in addition to all other rates | ||||||
| 13 | of tax imposed under this Act, a surcharge of 3.75%% is imposed | ||||||
| 14 | on the selling price of (1) each firearm purchased in the State | ||||||
| 15 | and (2) each component part to a firearm, if that component | ||||||
| 16 | part is sold separately. "Firearm" has the meaning ascribed to | ||||||
| 17 | that term in Section 1.1 of the Firearm Owners Identification | ||||||
| 18 | Card Act. | ||||||
| 19 | If the property that is acquired from a serviceman is | ||||||
| 20 | acquired outside
Illinois and used outside Illinois before | ||||||
| 21 | being brought to Illinois for use
here and is taxable under | ||||||
| 22 | this Act, the "selling price" on which the tax
is computed | ||||||
| 23 | shall be reduced by an amount that represents a reasonable
| ||||||
| 24 | allowance for depreciation for the period of prior out-of-state | ||||||
| 25 | use.
| ||||||
| 26 | (Source: P.A. 97-38, eff. 6-28-11; 97-227, eff. 1-1-12; 97-636, | ||||||
| |||||||
| |||||||
| 1 | eff. 6-1-12; 98-104, eff. 7-22-13; 98-122, eff. 1-1-14; 98-756, | ||||||
| 2 | eff. 7-16-14.)
| ||||||
| 3 | (35 ILCS 110/9) (from Ch. 120, par. 439.39) | ||||||
| 4 | Sec. 9. Each serviceman required or authorized to collect | ||||||
| 5 | the tax
herein imposed shall pay to the Department the amount | ||||||
| 6 | of such tax
(except as otherwise provided) at the time when he | ||||||
| 7 | is required to file
his return for the period during which such | ||||||
| 8 | tax was collected, less a
discount of 2.1% prior to January 1, | ||||||
| 9 | 1990 and 1.75% on and after January 1,
1990, or $5 per calendar | ||||||
| 10 | year, whichever is greater, which is allowed to
reimburse the | ||||||
| 11 | serviceman for expenses incurred in collecting the tax,
keeping | ||||||
| 12 | records, preparing and filing returns, remitting the tax and
| ||||||
| 13 | supplying data to the Department on request. The Department may | ||||||
| 14 | disallow the discount for servicemen whose certificate of | ||||||
| 15 | registration is revoked at the time the return is filed, but | ||||||
| 16 | only if the Department's decision to revoke the certificate of | ||||||
| 17 | registration has become final. A serviceman need not remit
that | ||||||
| 18 | part of any tax collected by him to the extent that he is | ||||||
| 19 | required to
pay and does pay the tax imposed by the Service | ||||||
| 20 | Occupation Tax Act with
respect to his sale of service | ||||||
| 21 | involving the incidental transfer by him of
the same property. | ||||||
| 22 | Except as provided hereinafter in this Section, on or | ||||||
| 23 | before the twentieth
day of each calendar month, such | ||||||
| 24 | serviceman shall file a return for the
preceding calendar month | ||||||
| 25 | in accordance with reasonable Rules and
Regulations to be | ||||||
| |||||||
| |||||||
| 1 | promulgated by the Department. Such return shall be
filed on a | ||||||
| 2 | form prescribed by the Department and shall contain such
| ||||||
| 3 | information as the Department may reasonably require. | ||||||
| 4 | The Department may require returns to be filed on a | ||||||
| 5 | quarterly basis.
If so required, a return for each calendar | ||||||
| 6 | quarter shall be filed on or
before the twentieth day of the | ||||||
| 7 | calendar month following the end of such
calendar quarter. The | ||||||
| 8 | taxpayer shall also file a return with the
Department for each | ||||||
| 9 | of the first two months of each calendar quarter, on or
before | ||||||
| 10 | the twentieth day of the following calendar month, stating: | ||||||
| 11 | 1. The name of the seller; | ||||||
| 12 | 2. The address of the principal place of business from | ||||||
| 13 | which he engages
in business as a serviceman in this State; | ||||||
| 14 | 3. The total amount of taxable receipts received by him | ||||||
| 15 | during the
preceding calendar month, including receipts | ||||||
| 16 | from charge and time sales,
but less all deductions allowed | ||||||
| 17 | by law; | ||||||
| 18 | 4. The amount of credit provided in Section 2d of this | ||||||
| 19 | Act; | ||||||
| 20 | 5. The amount of tax due; | ||||||
| 21 | 5-5. The signature of the taxpayer; and | ||||||
| 22 | 6. Such other reasonable information as the Department | ||||||
| 23 | may
require. | ||||||
| 24 | If a taxpayer fails to sign a return within 30 days after | ||||||
| 25 | the proper notice
and demand for signature by the Department, | ||||||
| 26 | the return shall be considered
valid and any amount shown to be | ||||||
| |||||||
| |||||||
| 1 | due on the return shall be deemed assessed. | ||||||
| 2 | Beginning October 1, 1993, a taxpayer who has an average | ||||||
| 3 | monthly tax
liability of $150,000 or more shall make all | ||||||
| 4 | payments required by rules of
the Department by electronic | ||||||
| 5 | funds transfer. Beginning October 1, 1994, a
taxpayer who has | ||||||
| 6 | an average monthly tax liability of $100,000 or more shall
make | ||||||
| 7 | all payments required by rules of the Department by electronic | ||||||
| 8 | funds
transfer. Beginning October 1, 1995, a taxpayer who has | ||||||
| 9 | an average monthly
tax liability of $50,000 or more shall make | ||||||
| 10 | all payments required by rules
of the Department by electronic | ||||||
| 11 | funds transfer.
Beginning October 1, 2000, a taxpayer who has | ||||||
| 12 | an annual tax liability of
$200,000 or more shall make all | ||||||
| 13 | payments required by rules of the Department by
electronic | ||||||
| 14 | funds transfer. The term "annual tax liability" shall be the | ||||||
| 15 | sum of
the taxpayer's liabilities under this Act, and under all | ||||||
| 16 | other State and local
occupation and use tax laws administered | ||||||
| 17 | by the Department, for the immediately
preceding calendar year.
| ||||||
| 18 | The term "average monthly tax
liability" means the sum of the | ||||||
| 19 | taxpayer's liabilities under this Act, and
under all other | ||||||
| 20 | State and local occupation and use tax laws administered by the
| ||||||
| 21 | Department, for the immediately preceding calendar year | ||||||
| 22 | divided by 12.
Beginning on October 1, 2002, a taxpayer who has | ||||||
| 23 | a tax liability in the
amount set forth in subsection (b) of | ||||||
| 24 | Section 2505-210 of the Department of
Revenue Law shall make | ||||||
| 25 | all payments required by rules of the Department by
electronic | ||||||
| 26 | funds transfer. | ||||||
| |||||||
| |||||||
| 1 | Before August 1 of each year beginning in 1993, the | ||||||
| 2 | Department shall
notify all taxpayers required to make payments | ||||||
| 3 | by electronic funds transfer.
All taxpayers required to make | ||||||
| 4 | payments by electronic funds transfer shall
make those payments | ||||||
| 5 | for a minimum of one year beginning on October 1. | ||||||
| 6 | Any taxpayer not required to make payments by electronic | ||||||
| 7 | funds transfer
may make payments by electronic funds transfer | ||||||
| 8 | with the permission of the
Department. | ||||||
| 9 | All taxpayers required to make payment by electronic funds | ||||||
| 10 | transfer and
any taxpayers authorized to voluntarily make | ||||||
| 11 | payments by electronic funds
transfer shall make those payments | ||||||
| 12 | in the manner authorized by the Department. | ||||||
| 13 | The Department shall adopt such rules as are necessary to | ||||||
| 14 | effectuate a
program of electronic funds transfer and the | ||||||
| 15 | requirements of this Section. | ||||||
| 16 | If the serviceman is otherwise required to file a monthly | ||||||
| 17 | return and
if the serviceman's average monthly tax liability to | ||||||
| 18 | the Department
does not exceed $200, the Department may | ||||||
| 19 | authorize his returns to be
filed on a quarter annual basis, | ||||||
| 20 | with the return for January, February
and March of a given year | ||||||
| 21 | being due by April 20 of such year; with the
return for April, | ||||||
| 22 | May and June of a given year being due by July 20 of
such year; | ||||||
| 23 | with the return for July, August and September of a given
year | ||||||
| 24 | being due by October 20 of such year, and with the return for
| ||||||
| 25 | October, November and December of a given year being due by | ||||||
| 26 | January 20
of the following year. | ||||||
| |||||||
| |||||||
| 1 | If the serviceman is otherwise required to file a monthly | ||||||
| 2 | or quarterly
return and if the serviceman's average monthly tax | ||||||
| 3 | liability to the Department
does not exceed $50, the Department | ||||||
| 4 | may authorize his returns to be
filed on an annual basis, with | ||||||
| 5 | the return for a given year being due by
January 20 of the | ||||||
| 6 | following year. | ||||||
| 7 | Such quarter annual and annual returns, as to form and | ||||||
| 8 | substance,
shall be subject to the same requirements as monthly | ||||||
| 9 | returns. | ||||||
| 10 | Notwithstanding any other provision in this Act concerning | ||||||
| 11 | the time
within which a serviceman may file his return, in the | ||||||
| 12 | case of any
serviceman who ceases to engage in a kind of | ||||||
| 13 | business which makes him
responsible for filing returns under | ||||||
| 14 | this Act, such serviceman shall
file a final return under this | ||||||
| 15 | Act with the Department not more than 1
month after | ||||||
| 16 | discontinuing such business. | ||||||
| 17 | Where a serviceman collects the tax with respect to the | ||||||
| 18 | selling price of
property which he sells and the purchaser | ||||||
| 19 | thereafter returns such
property and the serviceman refunds the | ||||||
| 20 | selling price thereof to the
purchaser, such serviceman shall | ||||||
| 21 | also refund, to the purchaser, the tax
so collected from the | ||||||
| 22 | purchaser. When filing his return for the period
in which he | ||||||
| 23 | refunds such tax to the purchaser, the serviceman may deduct
| ||||||
| 24 | the amount of the tax so refunded by him to the purchaser from | ||||||
| 25 | any other
Service Use Tax, Service Occupation Tax, retailers' | ||||||
| 26 | occupation tax or
use tax which such serviceman may be required | ||||||
| |||||||
| |||||||
| 1 | to pay or remit to the
Department, as shown by such return, | ||||||
| 2 | provided that the amount of the tax
to be deducted shall | ||||||
| 3 | previously have been remitted to the Department by
such | ||||||
| 4 | serviceman. If the serviceman shall not previously have | ||||||
| 5 | remitted
the amount of such tax to the Department, he shall be | ||||||
| 6 | entitled to no
deduction hereunder upon refunding such tax to | ||||||
| 7 | the purchaser. | ||||||
| 8 | Any serviceman filing a return hereunder shall also include | ||||||
| 9 | the total
tax upon the selling price of tangible personal | ||||||
| 10 | property purchased for use
by him as an incident to a sale of | ||||||
| 11 | service, and such serviceman shall remit
the amount of such tax | ||||||
| 12 | to the Department when filing such return. | ||||||
| 13 | If experience indicates such action to be practicable, the | ||||||
| 14 | Department
may prescribe and furnish a combination or joint | ||||||
| 15 | return which will
enable servicemen, who are required to file | ||||||
| 16 | returns hereunder and also
under the Service Occupation Tax | ||||||
| 17 | Act, to furnish all the return
information required by both | ||||||
| 18 | Acts on the one form. | ||||||
| 19 | Where the serviceman has more than one business registered | ||||||
| 20 | with the
Department under separate registration hereunder, | ||||||
| 21 | such serviceman shall
not file each return that is due as a | ||||||
| 22 | single return covering all such
registered businesses, but | ||||||
| 23 | shall file separate returns for each such
registered business. | ||||||
| 24 | Beginning January 1, 1990, each month the Department shall | ||||||
| 25 | pay into
the State and Local Tax Reform Fund, a special fund in | ||||||
| 26 | the State Treasury,
the net revenue realized for the preceding | ||||||
| |||||||
| |||||||
| 1 | month from the 1% tax on sales
of food for human consumption | ||||||
| 2 | which is to be consumed off the premises
where it is sold | ||||||
| 3 | (other than alcoholic beverages, soft drinks and food
which has | ||||||
| 4 | been prepared for immediate consumption) and prescription and
| ||||||
| 5 | nonprescription medicines, drugs, medical appliances and | ||||||
| 6 | insulin, urine
testing materials, syringes and needles used by | ||||||
| 7 | diabetics. | ||||||
| 8 | Beginning January 1, 1990, each month the Department shall | ||||||
| 9 | pay into
the State and Local Sales Tax Reform Fund 20% of the | ||||||
| 10 | net revenue realized
for the preceding month from the 6.25% | ||||||
| 11 | general rate on transfers of
tangible personal property, other | ||||||
| 12 | than tangible personal property which is
purchased outside | ||||||
| 13 | Illinois at retail from a retailer and which is titled or
| ||||||
| 14 | registered by an agency of this State's government. | ||||||
| 15 | Beginning August 1, 2000, each
month the Department shall | ||||||
| 16 | pay into the
State and Local Sales Tax Reform Fund 100% of the | ||||||
| 17 | net revenue realized for the
preceding
month from the 1.25% | ||||||
| 18 | rate on the selling price of motor fuel and gasohol. | ||||||
| 19 | Beginning October 1, 2009, each month the Department shall | ||||||
| 20 | pay into the Capital Projects Fund an amount that is equal to | ||||||
| 21 | an amount estimated by the Department to represent 80% of the | ||||||
| 22 | net revenue realized for the preceding month from the sale of | ||||||
| 23 | candy, grooming and hygiene products, and soft drinks that had | ||||||
| 24 | been taxed at a rate of 1% prior to September 1, 2009 but that | ||||||
| 25 | are now taxed at 6.25%. | ||||||
| 26 | Beginning July 1, 2013, each month the Department shall pay | ||||||
| |||||||
| |||||||
| 1 | into the Underground Storage Tank Fund from the proceeds | ||||||
| 2 | collected under this Act, the Use Tax Act, the Service | ||||||
| 3 | Occupation Tax Act, and the Retailers' Occupation Tax Act an | ||||||
| 4 | amount equal to the average monthly deficit in the Underground | ||||||
| 5 | Storage Tank Fund during the prior year, as certified annually | ||||||
| 6 | by the Illinois Environmental Protection Agency, but the total | ||||||
| 7 | payment into the Underground Storage Tank Fund under this Act, | ||||||
| 8 | the Use Tax Act, the Service Occupation Tax Act, and the | ||||||
| 9 | Retailers' Occupation Tax Act shall not exceed $18,000,000 in | ||||||
| 10 | any State fiscal year. As used in this paragraph, the "average | ||||||
| 11 | monthly deficit" shall be equal to the difference between the | ||||||
| 12 | average monthly claims for payment by the fund and the average | ||||||
| 13 | monthly revenues deposited into the fund, excluding payments | ||||||
| 14 | made pursuant to this paragraph. | ||||||
| 15 | Beginning January 1, 2016, the Department shall pay into | ||||||
| 16 | the At-Risk Youth Assistance Fund 100% of the net revenue | ||||||
| 17 | realized for the preceding month from the 3.75% surcharge on | ||||||
| 18 | the selling price of firearms and firearm component parts. | ||||||
| 19 | Of the remainder of the moneys received by the Department | ||||||
| 20 | pursuant
to this Act, (a) 1.75% thereof shall be paid into the | ||||||
| 21 | Build
Illinois Fund and (b) prior to July 1, 1989, 2.2% and on | ||||||
| 22 | and after July 1,
1989, 3.8% thereof shall be paid into the | ||||||
| 23 | Build Illinois Fund; provided,
however, that if in any fiscal | ||||||
| 24 | year the sum of (1) the aggregate of 2.2% or
3.8%, as the case | ||||||
| 25 | may be, of the moneys received by the Department and
required | ||||||
| 26 | to be paid into the Build Illinois Fund pursuant to Section 3 | ||||||
| |||||||
| |||||||
| 1 | of
the Retailers' Occupation Tax Act, Section 9 of the Use Tax | ||||||
| 2 | Act, Section 9
of the Service Use Tax Act, and Section 9 of the | ||||||
| 3 | Service Occupation Tax
Act, such Acts being hereinafter called | ||||||
| 4 | the "Tax Acts" and such aggregate
of 2.2% or 3.8%, as the case | ||||||
| 5 | may be, of moneys being hereinafter called the
"Tax Act | ||||||
| 6 | Amount", and (2) the amount transferred to the Build Illinois | ||||||
| 7 | Fund
from the State and Local Sales Tax Reform Fund shall be | ||||||
| 8 | less than the
Annual Specified Amount (as defined in Section 3 | ||||||
| 9 | of the Retailers'
Occupation Tax Act), an amount equal to the | ||||||
| 10 | difference shall be immediately
paid into the Build Illinois | ||||||
| 11 | Fund from other moneys received by the
Department pursuant to | ||||||
| 12 | the Tax Acts; and further provided, that if on the
last | ||||||
| 13 | business day of any month the sum of (1) the Tax Act Amount | ||||||
| 14 | required
to be deposited into the Build Illinois Bond Account | ||||||
| 15 | in the Build Illinois
Fund during such month and (2) the amount | ||||||
| 16 | transferred during such month to
the Build Illinois Fund from | ||||||
| 17 | the State and Local Sales Tax Reform Fund
shall have been less | ||||||
| 18 | than 1/12 of the Annual Specified Amount, an amount
equal to | ||||||
| 19 | the difference shall be immediately paid into the Build | ||||||
| 20 | Illinois
Fund from other moneys received by the Department | ||||||
| 21 | pursuant to the Tax Acts;
and, further provided, that in no | ||||||
| 22 | event shall the payments required under
the preceding proviso | ||||||
| 23 | result in aggregate payments into the Build Illinois
Fund | ||||||
| 24 | pursuant to this clause (b) for any fiscal year in excess of | ||||||
| 25 | the
greater of (i) the Tax Act Amount or (ii) the Annual | ||||||
| 26 | Specified Amount for
such fiscal year; and, further provided, | ||||||
| |||||||
| |||||||
| 1 | that the amounts payable into the
Build Illinois Fund under | ||||||
| 2 | this clause (b) shall be payable only until such
time as the | ||||||
| 3 | aggregate amount on deposit under each trust indenture securing
| ||||||
| 4 | Bonds issued and outstanding pursuant to the Build Illinois | ||||||
| 5 | Bond Act is
sufficient, taking into account any future | ||||||
| 6 | investment income, to fully
provide, in accordance with such | ||||||
| 7 | indenture, for the defeasance of or the
payment of the | ||||||
| 8 | principal of, premium, if any, and interest on the Bonds
| ||||||
| 9 | secured by such indenture and on any Bonds expected to be | ||||||
| 10 | issued thereafter
and all fees and costs payable with respect | ||||||
| 11 | thereto, all as certified by
the Director of the
Bureau of the | ||||||
| 12 | Budget (now Governor's Office of Management and Budget). If
on | ||||||
| 13 | the last business day of
any month in which Bonds are | ||||||
| 14 | outstanding pursuant to the Build Illinois
Bond Act, the | ||||||
| 15 | aggregate of the moneys deposited in the Build Illinois Bond
| ||||||
| 16 | Account in the Build Illinois Fund in such month shall be less | ||||||
| 17 | than the
amount required to be transferred in such month from | ||||||
| 18 | the Build Illinois
Bond Account to the Build Illinois Bond | ||||||
| 19 | Retirement and Interest Fund
pursuant to Section 13 of the | ||||||
| 20 | Build Illinois Bond Act, an amount equal to
such deficiency | ||||||
| 21 | shall be immediately paid from other moneys received by the
| ||||||
| 22 | Department pursuant to the Tax Acts to the Build Illinois Fund; | ||||||
| 23 | provided,
however, that any amounts paid to the Build Illinois | ||||||
| 24 | Fund in any fiscal
year pursuant to this sentence shall be | ||||||
| 25 | deemed to constitute payments
pursuant to clause (b) of the | ||||||
| 26 | preceding sentence and shall reduce the
amount otherwise | ||||||
| ||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||
| 1 | payable for such fiscal year pursuant to clause (b) of the
| |||||||||||||||||||||||||||||||||||||||||
| 2 | preceding sentence. The moneys received by the Department | |||||||||||||||||||||||||||||||||||||||||
| 3 | pursuant to this
Act and required to be deposited into the | |||||||||||||||||||||||||||||||||||||||||
| 4 | Build Illinois Fund are subject
to the pledge, claim and charge | |||||||||||||||||||||||||||||||||||||||||
| 5 | set forth in Section 12 of the Build Illinois
Bond Act. | |||||||||||||||||||||||||||||||||||||||||
| 6 | Subject to payment of amounts into the Build Illinois Fund | |||||||||||||||||||||||||||||||||||||||||
| 7 | as provided in
the preceding paragraph or in any amendment | |||||||||||||||||||||||||||||||||||||||||
| 8 | thereto hereafter enacted, the
following specified monthly | |||||||||||||||||||||||||||||||||||||||||
| 9 | installment of the amount requested in the
certificate of the | |||||||||||||||||||||||||||||||||||||||||
| 10 | Chairman of the Metropolitan Pier and Exposition
Authority | |||||||||||||||||||||||||||||||||||||||||
| 11 | provided under Section 8.25f of the State Finance Act, but not | |||||||||||||||||||||||||||||||||||||||||
| 12 | in
excess of the sums designated as "Total Deposit", shall be | |||||||||||||||||||||||||||||||||||||||||
| 13 | deposited in the
aggregate from collections under Section 9 of | |||||||||||||||||||||||||||||||||||||||||
| 14 | the Use Tax Act, Section 9 of
the Service Use Tax Act, Section | |||||||||||||||||||||||||||||||||||||||||
| 15 | 9 of the Service Occupation Tax Act, and
Section 3 of the | |||||||||||||||||||||||||||||||||||||||||
| 16 | Retailers' Occupation Tax Act into the McCormick Place
| |||||||||||||||||||||||||||||||||||||||||
| 17 | Expansion Project Fund in the specified fiscal years. | |||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 16 | Beginning July 20, 1993 and in each month of each fiscal | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 17 | year thereafter,
one-eighth of the amount requested in the | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 18 | certificate of the Chairman of
the Metropolitan Pier and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 19 | Exposition Authority for that fiscal year, less
the amount | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 20 | deposited into the McCormick Place Expansion Project Fund by | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 21 | the
State Treasurer in the respective month under subsection | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 22 | (g) of Section 13
of the Metropolitan Pier and Exposition | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 23 | Authority Act, plus cumulative
deficiencies in the deposits | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 24 | required under this Section for previous
months and years, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 25 | shall be deposited into the McCormick Place Expansion
Project | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 26 | Fund, until the full amount requested for the fiscal year, but | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||
| |||||||
| 1 | not
in excess of the amount specified above as "Total Deposit", | ||||||
| 2 | has been deposited. | ||||||
| 3 | Subject to payment of amounts into the Build Illinois Fund | ||||||
| 4 | and the
McCormick Place Expansion Project Fund
pursuant to the | ||||||
| 5 | preceding paragraphs or in any amendments thereto hereafter
| ||||||
| 6 | enacted, beginning July 1, 1993 and ending on September 30, | ||||||
| 7 | 2013, the Department shall each month pay into the
Illinois Tax | ||||||
| 8 | Increment Fund 0.27% of 80% of the net revenue realized for the
| ||||||
| 9 | preceding month from the 6.25% general rate on the selling | ||||||
| 10 | price of tangible
personal property. | ||||||
| 11 | Subject to payment of amounts into the Build Illinois Fund | ||||||
| 12 | and the
McCormick Place Expansion Project Fund pursuant to the | ||||||
| 13 | preceding paragraphs or
in any
amendments thereto hereafter | ||||||
| 14 | enacted, beginning with the receipt of the first
report of | ||||||
| 15 | taxes paid by an eligible business and continuing for a 25-year
| ||||||
| 16 | period, the Department shall each month pay into the Energy | ||||||
| 17 | Infrastructure
Fund 80% of the net revenue realized from the | ||||||
| 18 | 6.25% general rate on the
selling price of Illinois-mined coal | ||||||
| 19 | that was sold to an eligible business.
For purposes of this | ||||||
| 20 | paragraph, the term "eligible business" means a new
electric | ||||||
| 21 | generating facility certified pursuant to Section 605-332 of | ||||||
| 22 | the
Department of Commerce and
Economic Opportunity Law of the | ||||||
| 23 | Civil Administrative
Code of Illinois. | ||||||
| 24 | Subject to payment of amounts into the Build Illinois Fund, | ||||||
| 25 | the McCormick Place Expansion Project Fund, the Illinois Tax | ||||||
| 26 | Increment Fund, and the Energy Infrastructure Fund pursuant to | ||||||
| |||||||
| |||||||
| 1 | the preceding paragraphs or in any amendments to this Section | ||||||
| 2 | hereafter enacted, beginning on the first day of the first | ||||||
| 3 | calendar month to occur on or after the effective date of this | ||||||
| 4 | amendatory Act of the 98th General Assembly, each month, from | ||||||
| 5 | the collections made under Section 9 of the Use Tax Act, | ||||||
| 6 | Section 9 of the Service Use Tax Act, Section 9 of the Service | ||||||
| 7 | Occupation Tax Act, and Section 3 of the Retailers' Occupation | ||||||
| 8 | Tax Act, the Department shall pay into the Tax Compliance and | ||||||
| 9 | Administration Fund, to be used, subject to appropriation, to | ||||||
| 10 | fund additional auditors and compliance personnel at the | ||||||
| 11 | Department of Revenue, an amount equal to 1/12 of 5% of 80% of | ||||||
| 12 | the cash receipts collected during the preceding fiscal year by | ||||||
| 13 | the Audit Bureau of the Department under the Use Tax Act, the | ||||||
| 14 | Service Use Tax Act, the Service Occupation Tax Act, the | ||||||
| 15 | Retailers' Occupation Tax Act, and associated local occupation | ||||||
| 16 | and use taxes administered by the Department. | ||||||
| 17 | Of the remainder of the moneys received by the Department | ||||||
| 18 | pursuant to this
Act, 75% thereof shall be paid into the | ||||||
| 19 | General Revenue Fund of the State Treasury and 25% shall be | ||||||
| 20 | reserved in a special account and used only for the transfer to | ||||||
| 21 | the Common School Fund as part of the monthly transfer from the | ||||||
| 22 | General Revenue Fund in accordance with Section 8a of the State | ||||||
| 23 | Finance Act. | ||||||
| 24 | As soon as possible after the first day of each month, upon | ||||||
| 25 | certification
of the Department of Revenue, the Comptroller | ||||||
| 26 | shall order transferred and
the Treasurer shall transfer from | ||||||
| |||||||
| |||||||
| 1 | the General Revenue Fund to the Motor
Fuel Tax Fund an amount | ||||||
| 2 | equal to 1.7% of 80% of the net revenue realized
under this Act | ||||||
| 3 | for the second preceding month.
Beginning April 1, 2000, this | ||||||
| 4 | transfer is no longer required
and shall not be made. | ||||||
| 5 | Net revenue realized for a month shall be the revenue | ||||||
| 6 | collected by the State
pursuant to this Act, less the amount | ||||||
| 7 | paid out during that month as refunds
to taxpayers for | ||||||
| 8 | overpayment of liability. | ||||||
| 9 | (Source: P.A. 98-24, eff. 6-19-13; 98-109, eff. 7-25-13; | ||||||
| 10 | 98-298, eff. 8-9-13; 98-496, eff. 1-1-14; 98-756, eff. 7-16-14; | ||||||
| 11 | 98-1098, eff. 8-26-14.)
| ||||||
| 12 | Section 20. The Service Occupation Tax Act is amended by | ||||||
| 13 | changing Sections 3-10 and 9 as follows:
| ||||||
| 14 | (35 ILCS 115/3-10) (from Ch. 120, par. 439.103-10)
| ||||||
| 15 | Sec. 3-10. Rate of tax. Unless otherwise provided in this | ||||||
| 16 | Section,
the tax imposed by this Act is at the rate of 6.25% of | ||||||
| 17 | the "selling price",
as defined in Section 2 of the Service Use | ||||||
| 18 | Tax Act, of the tangible
personal property. For the purpose of | ||||||
| 19 | computing this tax, in no event
shall the "selling price" be | ||||||
| 20 | less than the cost price to the serviceman of
the tangible | ||||||
| 21 | personal property transferred. The selling price of each item
| ||||||
| 22 | of tangible personal property transferred as an incident of a | ||||||
| 23 | sale of
service may be shown as a distinct and separate item on | ||||||
| 24 | the serviceman's
billing to the service customer. If the | ||||||
| |||||||
| |||||||
| 1 | selling price is not so shown, the
selling price of the | ||||||
| 2 | tangible personal property is deemed to be 50% of the
| ||||||
| 3 | serviceman's entire billing to the service customer. When, | ||||||
| 4 | however, a
serviceman contracts to design, develop, and produce | ||||||
| 5 | special order machinery or
equipment, the tax imposed by this | ||||||
| 6 | Act shall be based on the serviceman's
cost price of the | ||||||
| 7 | tangible personal property transferred incident to the
| ||||||
| 8 | completion of the contract.
| ||||||
| 9 | Beginning on July 1, 2000 and through December 31, 2000, | ||||||
| 10 | with respect to
motor fuel, as defined in Section 1.1 of the | ||||||
| 11 | Motor Fuel Tax
Law, and gasohol, as defined in Section 3-40 of | ||||||
| 12 | the Use Tax Act, the tax is
imposed at
the rate of 1.25%.
| ||||||
| 13 | With respect to gasohol, as defined in the Use Tax Act, the | ||||||
| 14 | tax imposed
by this Act shall apply to (i) 70% of the cost | ||||||
| 15 | price of property
transferred as
an incident to the sale of | ||||||
| 16 | service on or after January 1, 1990, and before
July 1, 2003, | ||||||
| 17 | (ii) 80% of the selling price of property transferred as an
| ||||||
| 18 | incident to the sale of service on or after July
1, 2003 and on | ||||||
| 19 | or before December 31, 2018, and (iii) 100%
of
the cost price
| ||||||
| 20 | thereafter.
If, at any time, however, the tax under this Act on | ||||||
| 21 | sales of gasohol, as
defined in
the Use Tax Act, is imposed at | ||||||
| 22 | the rate of 1.25%, then the
tax imposed by this Act applies to | ||||||
| 23 | 100% of the proceeds of sales of gasohol
made during that time.
| ||||||
| 24 | With respect to majority blended ethanol fuel, as defined | ||||||
| 25 | in the Use Tax Act,
the
tax
imposed by this Act does not apply | ||||||
| 26 | to the selling price of property transferred
as an incident to | ||||||
| |||||||
| |||||||
| 1 | the sale of service on or after July 1, 2003 and on or before
| ||||||
| 2 | December 31, 2018 but applies to 100% of the selling price | ||||||
| 3 | thereafter.
| ||||||
| 4 | With respect to biodiesel blends, as defined in the Use Tax | ||||||
| 5 | Act, with no less
than 1% and no
more than 10% biodiesel, the | ||||||
| 6 | tax imposed by this Act
applies to (i) 80% of the selling price | ||||||
| 7 | of property transferred as an incident
to the sale of service | ||||||
| 8 | on or after July 1, 2003 and on or before December 31, 2018
and | ||||||
| 9 | (ii) 100% of the proceeds of the selling price
thereafter.
If, | ||||||
| 10 | at any time, however, the tax under this Act on sales of | ||||||
| 11 | biodiesel blends,
as
defined in the Use Tax Act, with no less | ||||||
| 12 | than 1% and no more than 10% biodiesel
is imposed at the rate | ||||||
| 13 | of 1.25%, then the
tax imposed by this Act applies to 100% of | ||||||
| 14 | the proceeds of sales of biodiesel
blends with no less than 1% | ||||||
| 15 | and no more than 10% biodiesel
made
during that time.
| ||||||
| 16 | With respect to 100% biodiesel, as defined in the Use Tax | ||||||
| 17 | Act, and biodiesel
blends, as defined in the Use Tax Act, with
| ||||||
| 18 | more than 10% but no more than 99% biodiesel material, the tax | ||||||
| 19 | imposed by this
Act
does not apply to the proceeds of the | ||||||
| 20 | selling price of property transferred
as an incident to the | ||||||
| 21 | sale of service on or after July 1, 2003 and on or before
| ||||||
| 22 | December 31, 2018 but applies to 100% of the selling price | ||||||
| 23 | thereafter.
| ||||||
| 24 | At the election of any registered serviceman made for each | ||||||
| 25 | fiscal year,
sales of service in which the aggregate annual | ||||||
| 26 | cost price of tangible
personal property transferred as an | ||||||
| |||||||
| |||||||
| 1 | incident to the sales of service is
less than 35%, or 75% in | ||||||
| 2 | the case of servicemen transferring prescription
drugs or | ||||||
| 3 | servicemen engaged in graphic arts production, of the aggregate
| ||||||
| 4 | annual total gross receipts from all sales of service, the tax | ||||||
| 5 | imposed by
this Act shall be based on the serviceman's cost | ||||||
| 6 | price of the tangible
personal property transferred incident to | ||||||
| 7 | the sale of those services.
| ||||||
| 8 | The tax shall be imposed at the rate of 1% on food prepared | ||||||
| 9 | for
immediate consumption and transferred incident to a sale of | ||||||
| 10 | service subject
to this Act or the Service Occupation Tax Act | ||||||
| 11 | by an entity licensed under
the Hospital Licensing Act, the | ||||||
| 12 | Nursing Home Care Act, the ID/DD Community Care Act, the | ||||||
| 13 | Specialized Mental Health Rehabilitation Act of 2013, or the
| ||||||
| 14 | Child Care Act of 1969. The tax shall
also be imposed at the | ||||||
| 15 | rate of 1% on food for human consumption that is
to be consumed | ||||||
| 16 | off the
premises where it is sold (other than alcoholic | ||||||
| 17 | beverages, soft drinks, and
food that has been prepared for | ||||||
| 18 | immediate consumption and is not
otherwise included in this | ||||||
| 19 | paragraph) and prescription and
nonprescription medicines, | ||||||
| 20 | drugs, medical appliances, modifications to a motor
vehicle for | ||||||
| 21 | the purpose of rendering it usable by a disabled person, and
| ||||||
| 22 | insulin, urine testing materials, syringes, and needles used by | ||||||
| 23 | diabetics, for
human use. For the purposes of this Section, | ||||||
| 24 | until September 1, 2009: the term "soft drinks" means any
| ||||||
| 25 | complete, finished, ready-to-use, non-alcoholic drink, whether | ||||||
| 26 | carbonated or
not, including but not limited to soda water, | ||||||
| |||||||
| |||||||
| 1 | cola, fruit juice, vegetable
juice, carbonated water, and all | ||||||
| 2 | other preparations commonly known as soft
drinks of whatever | ||||||
| 3 | kind or description that are contained in any closed or
sealed | ||||||
| 4 | can, carton, or container, regardless of size; but "soft | ||||||
| 5 | drinks" does not
include coffee, tea, non-carbonated water, | ||||||
| 6 | infant formula, milk or milk
products as defined in the Grade A | ||||||
| 7 | Pasteurized Milk and Milk Products Act, or
drinks containing | ||||||
| 8 | 50% or more natural fruit or vegetable juice.
| ||||||
| 9 | Notwithstanding any other provisions of this
Act, | ||||||
| 10 | beginning September 1, 2009, "soft drinks" means non-alcoholic | ||||||
| 11 | beverages that contain natural or artificial sweeteners. "Soft | ||||||
| 12 | drinks" do not include beverages that contain milk or milk | ||||||
| 13 | products, soy, rice or similar milk substitutes, or greater | ||||||
| 14 | than 50% of vegetable or fruit juice by volume. | ||||||
| 15 | Until August 1, 2009, and notwithstanding any other | ||||||
| 16 | provisions of this Act, "food for human consumption
that is to | ||||||
| 17 | be consumed off the premises where it is sold" includes all | ||||||
| 18 | food
sold through a vending machine, except soft drinks and | ||||||
| 19 | food products that are
dispensed hot from a vending machine, | ||||||
| 20 | regardless of the location of the vending
machine. Beginning | ||||||
| 21 | August 1, 2009, and notwithstanding any other provisions of | ||||||
| 22 | this Act, "food for human consumption that is to be consumed | ||||||
| 23 | off the premises where it is sold" includes all food sold | ||||||
| 24 | through a vending machine, except soft drinks, candy, and food | ||||||
| 25 | products that are dispensed hot from a vending machine, | ||||||
| 26 | regardless of the location of the vending machine.
| ||||||
| |||||||
| |||||||
| 1 | Notwithstanding any other provisions of this
Act, | ||||||
| 2 | beginning September 1, 2009, "food for human consumption that | ||||||
| 3 | is to be consumed off the premises where
it is sold" does not | ||||||
| 4 | include candy. For purposes of this Section, "candy" means a | ||||||
| 5 | preparation of sugar, honey, or other natural or artificial | ||||||
| 6 | sweeteners in combination with chocolate, fruits, nuts or other | ||||||
| 7 | ingredients or flavorings in the form of bars, drops, or | ||||||
| 8 | pieces. "Candy" does not include any preparation that contains | ||||||
| 9 | flour or requires refrigeration. | ||||||
| 10 | Notwithstanding any other provisions of this
Act, | ||||||
| 11 | beginning September 1, 2009, "nonprescription medicines and | ||||||
| 12 | drugs" does not include grooming and hygiene products. For | ||||||
| 13 | purposes of this Section, "grooming and hygiene products" | ||||||
| 14 | includes, but is not limited to, soaps and cleaning solutions, | ||||||
| 15 | shampoo, toothpaste, mouthwash, antiperspirants, and sun tan | ||||||
| 16 | lotions and screens, unless those products are available by | ||||||
| 17 | prescription only, regardless of whether the products meet the | ||||||
| 18 | definition of "over-the-counter-drugs". For the purposes of | ||||||
| 19 | this paragraph, "over-the-counter-drug" means a drug for human | ||||||
| 20 | use that contains a label that identifies the product as a drug | ||||||
| 21 | as required by 21 C.F.R. § 201.66. The "over-the-counter-drug" | ||||||
| 22 | label includes: | ||||||
| 23 | (A) A "Drug Facts" panel; or | ||||||
| 24 | (B) A statement of the "active ingredient(s)" with a | ||||||
| 25 | list of those ingredients contained in the compound, | ||||||
| 26 | substance or preparation. | ||||||
| |||||||
| |||||||
| 1 | Beginning on January 1, 2014 (the effective date of Public | ||||||
| 2 | Act 98-122), "prescription and nonprescription medicines and | ||||||
| 3 | drugs" includes medical cannabis purchased from a registered | ||||||
| 4 | dispensing organization under the Compassionate Use of Medical | ||||||
| 5 | Cannabis Pilot Program Act. | ||||||
| 6 | Beginning January 1, 2016, in addition to all other rates | ||||||
| 7 | of tax imposed under this Act, a surcharge of 3.75%% is imposed | ||||||
| 8 | on the selling price of (1) each firearm purchased in the State | ||||||
| 9 | and (2) each component part to a firearm, if that component | ||||||
| 10 | part is sold separately. "Firearm" has the meaning ascribed to | ||||||
| 11 | that term in Section 1.1 of the Firearm Owners Identification | ||||||
| 12 | Card Act. | ||||||
| 13 | (Source: P.A. 97-38, eff. 6-28-11; 97-227, eff. 1-1-12; 97-636, | ||||||
| 14 | eff. 6-1-12; 98-104, eff. 7-22-13; 98-122, eff. 1-1-14; 98-756, | ||||||
| 15 | eff. 7-16-14.)
| ||||||
| 16 | (35 ILCS 115/9) (from Ch. 120, par. 439.109) | ||||||
| 17 | Sec. 9. Each serviceman required or authorized to collect | ||||||
| 18 | the tax
herein imposed shall pay to the Department the amount | ||||||
| 19 | of such tax at the
time when he is required to file his return | ||||||
| 20 | for the period during which
such tax was collectible, less a | ||||||
| 21 | discount of 2.1% prior to
January 1, 1990, and 1.75% on and | ||||||
| 22 | after January 1, 1990, or
$5 per calendar year, whichever is | ||||||
| 23 | greater, which is allowed to reimburse
the serviceman for | ||||||
| 24 | expenses incurred in collecting the tax, keeping
records, | ||||||
| 25 | preparing and filing returns, remitting the tax and supplying | ||||||
| |||||||
| |||||||
| 1 | data
to the Department on request. The Department may disallow | ||||||
| 2 | the discount for servicemen whose certificate of registration | ||||||
| 3 | is revoked at the time the return is filed, but only if the | ||||||
| 4 | Department's decision to revoke the certificate of | ||||||
| 5 | registration has become final. | ||||||
| 6 | Where such tangible personal property is sold under a | ||||||
| 7 | conditional
sales contract, or under any other form of sale | ||||||
| 8 | wherein the payment of
the principal sum, or a part thereof, is | ||||||
| 9 | extended beyond the close of
the period for which the return is | ||||||
| 10 | filed, the serviceman, in collecting
the tax may collect, for | ||||||
| 11 | each tax return period, only the tax applicable
to the part of | ||||||
| 12 | the selling price actually received during such tax return
| ||||||
| 13 | period. | ||||||
| 14 | Except as provided hereinafter in this Section, on or | ||||||
| 15 | before the twentieth
day of each calendar month, such | ||||||
| 16 | serviceman shall file a
return for the preceding calendar month | ||||||
| 17 | in accordance with reasonable
rules and regulations to be | ||||||
| 18 | promulgated by the Department of Revenue.
Such return shall be | ||||||
| 19 | filed on a form prescribed by the Department and
shall contain | ||||||
| 20 | such information as the Department may reasonably require. | ||||||
| 21 | The Department may require returns to be filed on a | ||||||
| 22 | quarterly basis.
If so required, a return for each calendar | ||||||
| 23 | quarter shall be filed on or
before the twentieth day of the | ||||||
| 24 | calendar month following the end of such
calendar quarter. The | ||||||
| 25 | taxpayer shall also file a return with the
Department for each | ||||||
| 26 | of the first two months of each calendar quarter, on or
before | ||||||
| |||||||
| |||||||
| 1 | the twentieth day of the following calendar month, stating: | ||||||
| 2 | 1. The name of the seller; | ||||||
| 3 | 2. The address of the principal place of business from | ||||||
| 4 | which he engages
in business as a serviceman in this State; | ||||||
| 5 | 3. The total amount of taxable receipts received by him | ||||||
| 6 | during the
preceding calendar month, including receipts | ||||||
| 7 | from charge and time sales,
but less all deductions allowed | ||||||
| 8 | by law; | ||||||
| 9 | 4. The amount of credit provided in Section 2d of this | ||||||
| 10 | Act; | ||||||
| 11 | 5. The amount of tax due; | ||||||
| 12 | 5-5. The signature of the taxpayer; and | ||||||
| 13 | 6. Such other reasonable information as the Department | ||||||
| 14 | may
require. | ||||||
| 15 | If a taxpayer fails to sign a return within 30 days after | ||||||
| 16 | the proper notice
and demand for signature by the Department, | ||||||
| 17 | the return shall be considered
valid and any amount shown to be | ||||||
| 18 | due on the return shall be deemed assessed. | ||||||
| 19 | Prior to October 1, 2003, and on and after September 1, | ||||||
| 20 | 2004 a serviceman may accept a Manufacturer's
Purchase Credit | ||||||
| 21 | certification
from a purchaser in satisfaction
of Service Use | ||||||
| 22 | Tax as provided in Section 3-70 of the
Service Use Tax Act if | ||||||
| 23 | the purchaser provides
the
appropriate
documentation as | ||||||
| 24 | required by Section 3-70 of the Service Use Tax Act.
A | ||||||
| 25 | Manufacturer's Purchase Credit certification, accepted prior | ||||||
| 26 | to October 1,
2003 or on or after September 1, 2004 by a | ||||||
| |||||||
| |||||||
| 1 | serviceman as
provided in Section 3-70 of the Service Use Tax | ||||||
| 2 | Act, may be used by that
serviceman to satisfy Service | ||||||
| 3 | Occupation Tax liability in the amount claimed in
the | ||||||
| 4 | certification, not to exceed 6.25% of the receipts subject to | ||||||
| 5 | tax from a
qualifying purchase. A Manufacturer's Purchase | ||||||
| 6 | Credit reported on any
original or amended return
filed under
| ||||||
| 7 | this Act after October 20, 2003 for reporting periods prior to | ||||||
| 8 | September 1, 2004 shall be disallowed. Manufacturer's Purchase | ||||||
| 9 | Credit reported on annual returns due on or after January 1, | ||||||
| 10 | 2005 will be disallowed for periods prior to September 1, 2004.
| ||||||
| 11 | No Manufacturer's
Purchase Credit may be used after September | ||||||
| 12 | 30, 2003 through August 31, 2004 to
satisfy any
tax liability | ||||||
| 13 | imposed under this Act, including any audit liability. | ||||||
| 14 | If the serviceman's average monthly tax liability to
the | ||||||
| 15 | Department does not exceed $200, the Department may authorize | ||||||
| 16 | his
returns to be filed on a quarter annual basis, with the | ||||||
| 17 | return for
January, February and March of a given year being | ||||||
| 18 | due by April 20 of
such year; with the return for April, May | ||||||
| 19 | and June of a given year being
due by July 20 of such year; with | ||||||
| 20 | the return for July, August and
September of a given year being | ||||||
| 21 | due by October 20 of such year, and with
the return for | ||||||
| 22 | October, November and December of a given year being due
by | ||||||
| 23 | January 20 of the following year. | ||||||
| 24 | If the serviceman's average monthly tax liability to
the | ||||||
| 25 | Department does not exceed $50, the Department may authorize | ||||||
| 26 | his
returns to be filed on an annual basis, with the return for | ||||||
| |||||||
| |||||||
| 1 | a given year
being due by January 20 of the following year. | ||||||
| 2 | Such quarter annual and annual returns, as to form and | ||||||
| 3 | substance,
shall be subject to the same requirements as monthly | ||||||
| 4 | returns. | ||||||
| 5 | Notwithstanding any other provision in this Act concerning | ||||||
| 6 | the time within
which a serviceman may file his return, in the | ||||||
| 7 | case of any serviceman who
ceases to engage in a kind of | ||||||
| 8 | business which makes him responsible for filing
returns under | ||||||
| 9 | this Act, such serviceman shall file a final return under this
| ||||||
| 10 | Act with the Department not more than 1 month after | ||||||
| 11 | discontinuing such
business. | ||||||
| 12 | Beginning October 1, 1993, a taxpayer who has an average | ||||||
| 13 | monthly tax
liability of $150,000 or more shall make all | ||||||
| 14 | payments required by rules of the
Department by electronic | ||||||
| 15 | funds transfer. Beginning October 1, 1994, a taxpayer
who has | ||||||
| 16 | an average monthly tax liability of $100,000 or more shall make | ||||||
| 17 | all
payments required by rules of the Department by electronic | ||||||
| 18 | funds transfer.
Beginning October 1, 1995, a taxpayer who has | ||||||
| 19 | an average monthly tax liability
of $50,000 or more shall make | ||||||
| 20 | all payments required by rules of the Department
by electronic | ||||||
| 21 | funds transfer. Beginning October 1, 2000, a taxpayer who has
| ||||||
| 22 | an annual tax liability of $200,000 or more shall make all | ||||||
| 23 | payments required by
rules of the Department by electronic | ||||||
| 24 | funds transfer. The term "annual tax
liability" shall be the | ||||||
| 25 | sum of the taxpayer's liabilities under this Act, and
under all | ||||||
| 26 | other State and local occupation and use tax laws administered | ||||||
| |||||||
| |||||||
| 1 | by the
Department, for the immediately preceding calendar year. | ||||||
| 2 | The term "average
monthly tax liability" means
the sum of the | ||||||
| 3 | taxpayer's liabilities under this Act, and under all other | ||||||
| 4 | State
and local occupation and use tax laws administered by the | ||||||
| 5 | Department, for the
immediately preceding calendar year | ||||||
| 6 | divided by 12.
Beginning on October 1, 2002, a taxpayer who has | ||||||
| 7 | a tax liability in the
amount set forth in subsection (b) of | ||||||
| 8 | Section 2505-210 of the Department of
Revenue Law shall make | ||||||
| 9 | all payments required by rules of the Department by
electronic | ||||||
| 10 | funds transfer. | ||||||
| 11 | Before August 1 of each year beginning in 1993, the | ||||||
| 12 | Department shall
notify all taxpayers required to make payments | ||||||
| 13 | by electronic funds transfer.
All taxpayers required to make | ||||||
| 14 | payments by electronic funds transfer shall make
those payments | ||||||
| 15 | for a minimum of one year beginning on October 1. | ||||||
| 16 | Any taxpayer not required to make payments by electronic | ||||||
| 17 | funds transfer may
make payments by electronic funds transfer | ||||||
| 18 | with the
permission of the Department. | ||||||
| 19 | All taxpayers required to make payment by electronic funds | ||||||
| 20 | transfer and
any taxpayers authorized to voluntarily make | ||||||
| 21 | payments by electronic funds
transfer shall make those payments | ||||||
| 22 | in the manner authorized by the Department. | ||||||
| 23 | The Department shall adopt such rules as are necessary to | ||||||
| 24 | effectuate a
program of electronic funds transfer and the | ||||||
| 25 | requirements of this Section. | ||||||
| 26 | Where a serviceman collects the tax with respect to the | ||||||
| |||||||
| |||||||
| 1 | selling price of
tangible personal property which he sells and | ||||||
| 2 | the purchaser thereafter returns
such tangible personal | ||||||
| 3 | property and the serviceman refunds the
selling price thereof | ||||||
| 4 | to the purchaser, such serviceman shall also refund,
to the | ||||||
| 5 | purchaser, the tax so collected from the purchaser. When
filing | ||||||
| 6 | his return for the period in which he refunds such tax to the
| ||||||
| 7 | purchaser, the serviceman may deduct the amount of the tax so | ||||||
| 8 | refunded by
him to the purchaser from any other Service | ||||||
| 9 | Occupation Tax, Service Use
Tax, Retailers' Occupation Tax or | ||||||
| 10 | Use Tax which such serviceman may be
required to pay or remit | ||||||
| 11 | to the Department, as shown by such return,
provided that the | ||||||
| 12 | amount of the tax to be deducted shall previously have
been | ||||||
| 13 | remitted to the Department by such serviceman. If the | ||||||
| 14 | serviceman shall
not previously have remitted the amount of | ||||||
| 15 | such tax to the Department,
he shall be entitled to no | ||||||
| 16 | deduction hereunder upon refunding such tax
to the purchaser. | ||||||
| 17 | If experience indicates such action to be practicable, the | ||||||
| 18 | Department
may prescribe and furnish a combination or joint | ||||||
| 19 | return which will
enable servicemen, who are required to file | ||||||
| 20 | returns
hereunder and also under the Retailers' Occupation Tax | ||||||
| 21 | Act, the Use
Tax Act or the Service Use Tax Act, to furnish all | ||||||
| 22 | the return
information required by all said Acts on the one | ||||||
| 23 | form. | ||||||
| 24 | Where the serviceman has more than one business
registered | ||||||
| 25 | with the Department under separate registrations hereunder,
| ||||||
| 26 | such serviceman shall file separate returns for each
registered | ||||||
| |||||||
| |||||||
| 1 | business. | ||||||
| 2 | Beginning January 1, 1990, each month the Department shall | ||||||
| 3 | pay into
the Local Government Tax Fund the revenue realized for | ||||||
| 4 | the
preceding month from the 1% tax on sales of food for human | ||||||
| 5 | consumption
which is to be consumed off the premises where it | ||||||
| 6 | is sold (other than
alcoholic beverages, soft drinks and food | ||||||
| 7 | which has been prepared for
immediate consumption) and | ||||||
| 8 | prescription and nonprescription medicines,
drugs, medical | ||||||
| 9 | appliances and insulin, urine testing materials, syringes
and | ||||||
| 10 | needles used by diabetics. | ||||||
| 11 | Beginning January 1, 1990, each month the Department shall | ||||||
| 12 | pay into
the County and Mass Transit District Fund 4% of the | ||||||
| 13 | revenue realized
for the preceding month from the 6.25% general | ||||||
| 14 | rate. | ||||||
| 15 | Beginning August 1, 2000, each
month the Department shall | ||||||
| 16 | pay into the
County and Mass Transit District Fund 20% of the | ||||||
| 17 | net revenue realized for the
preceding month from the 1.25% | ||||||
| 18 | rate on the selling price of motor fuel and
gasohol. | ||||||
| 19 | Beginning January 1, 1990, each month the Department shall | ||||||
| 20 | pay into
the Local Government Tax Fund 16% of the revenue | ||||||
| 21 | realized for the
preceding month from the 6.25% general rate on | ||||||
| 22 | transfers of
tangible personal property. | ||||||
| 23 | Beginning August 1, 2000, each
month the Department shall | ||||||
| 24 | pay into the
Local Government Tax Fund 80% of the net revenue | ||||||
| 25 | realized for the preceding
month from the 1.25% rate on the | ||||||
| 26 | selling price of motor fuel and gasohol. | ||||||
| |||||||
| |||||||
| 1 | Beginning October 1, 2009, each month the Department shall | ||||||
| 2 | pay into the Capital Projects Fund an amount that is equal to | ||||||
| 3 | an amount estimated by the Department to represent 80% of the | ||||||
| 4 | net revenue realized for the preceding month from the sale of | ||||||
| 5 | candy, grooming and hygiene products, and soft drinks that had | ||||||
| 6 | been taxed at a rate of 1% prior to September 1, 2009 but that | ||||||
| 7 | are now taxed at 6.25%. | ||||||
| 8 | Beginning July 1, 2013, each month the Department shall pay | ||||||
| 9 | into the Underground Storage Tank Fund from the proceeds | ||||||
| 10 | collected under this Act, the Use Tax Act, the Service Use Tax | ||||||
| 11 | Act, and the Retailers' Occupation Tax Act an amount equal to | ||||||
| 12 | the average monthly deficit in the Underground Storage Tank | ||||||
| 13 | Fund during the prior year, as certified annually by the | ||||||
| 14 | Illinois Environmental Protection Agency, but the total | ||||||
| 15 | payment into the Underground Storage Tank Fund under this Act, | ||||||
| 16 | the Use Tax Act, the Service Use Tax Act, and the Retailers' | ||||||
| 17 | Occupation Tax Act shall not exceed $18,000,000 in any State | ||||||
| 18 | fiscal year. As used in this paragraph, the "average monthly | ||||||
| 19 | deficit" shall be equal to the difference between the average | ||||||
| 20 | monthly claims for payment by the fund and the average monthly | ||||||
| 21 | revenues deposited into the fund, excluding payments made | ||||||
| 22 | pursuant to this paragraph. | ||||||
| 23 | Beginning January 1, 2016, the Department shall pay into | ||||||
| 24 | the At-Risk Youth Assistance Fund 100% of the net revenue | ||||||
| 25 | realized for the preceding month from the 3.75% surcharge on | ||||||
| 26 | the selling price of firearms and firearm component parts. | ||||||
| |||||||
| |||||||
| 1 | Of the remainder of the moneys received by the Department | ||||||
| 2 | pursuant to
this Act, (a) 1.75% thereof shall be paid into the | ||||||
| 3 | Build Illinois Fund and
(b) prior to July 1, 1989, 2.2% and on | ||||||
| 4 | and after July 1, 1989, 3.8% thereof
shall be paid into the | ||||||
| 5 | Build Illinois Fund; provided, however, that if in
any fiscal | ||||||
| 6 | year the sum of (1) the aggregate of 2.2% or 3.8%, as the case
| ||||||
| 7 | may be, of the moneys received by the Department and required | ||||||
| 8 | to be paid
into the Build Illinois Fund pursuant to Section 3 | ||||||
| 9 | of the Retailers'
Occupation Tax Act, Section 9 of the Use Tax | ||||||
| 10 | Act, Section 9 of the Service
Use Tax Act, and Section 9 of the | ||||||
| 11 | Service Occupation Tax Act, such Acts
being hereinafter called | ||||||
| 12 | the "Tax Acts" and such aggregate of 2.2% or 3.8%,
as the case | ||||||
| 13 | may be, of moneys being hereinafter called the "Tax Act
| ||||||
| 14 | Amount", and (2) the amount transferred to the Build Illinois | ||||||
| 15 | Fund from the
State and Local Sales Tax Reform Fund shall be | ||||||
| 16 | less than the Annual
Specified Amount (as defined in Section 3 | ||||||
| 17 | of the Retailers' Occupation Tax
Act), an amount equal to the | ||||||
| 18 | difference shall be immediately paid into the
Build Illinois | ||||||
| 19 | Fund from other moneys received by the Department pursuant
to | ||||||
| 20 | the Tax Acts; and further provided, that if on the last | ||||||
| 21 | business day of
any month the sum of (1) the Tax Act Amount | ||||||
| 22 | required to be deposited into
the Build Illinois Account in the | ||||||
| 23 | Build Illinois Fund during such month and
(2) the amount | ||||||
| 24 | transferred during such month to the Build Illinois Fund
from | ||||||
| 25 | the State and Local Sales Tax Reform Fund shall have been less | ||||||
| 26 | than
1/12 of the Annual Specified Amount, an amount equal to | ||||||
| |||||||
| |||||||
| 1 | the difference
shall be immediately paid into the Build | ||||||
| 2 | Illinois Fund from other moneys
received by the Department | ||||||
| 3 | pursuant to the Tax Acts; and, further provided,
that in no | ||||||
| 4 | event shall the payments required under the preceding proviso
| ||||||
| 5 | result in aggregate payments into the Build Illinois Fund | ||||||
| 6 | pursuant to this
clause (b) for any fiscal year in excess of | ||||||
| 7 | the greater of (i) the Tax Act
Amount or (ii) the Annual | ||||||
| 8 | Specified Amount for such fiscal year; and,
further provided, | ||||||
| 9 | that the amounts payable into the Build Illinois Fund
under | ||||||
| 10 | this clause (b) shall be payable only until such time as the
| ||||||
| 11 | aggregate amount on deposit under each trust indenture securing | ||||||
| 12 | Bonds
issued and outstanding pursuant to the Build Illinois | ||||||
| 13 | Bond Act is
sufficient, taking into account any future | ||||||
| 14 | investment income, to fully
provide, in accordance with such | ||||||
| 15 | indenture, for the defeasance of or the
payment of the | ||||||
| 16 | principal of, premium, if any, and interest on the Bonds
| ||||||
| 17 | secured by such indenture and on any Bonds expected to be | ||||||
| 18 | issued thereafter
and all fees and costs payable with respect | ||||||
| 19 | thereto, all as certified by
the Director of the
Bureau of the | ||||||
| 20 | Budget (now Governor's Office of Management and Budget). If
on | ||||||
| 21 | the last business day of
any month in which Bonds are | ||||||
| 22 | outstanding pursuant to the Build Illinois
Bond Act, the | ||||||
| 23 | aggregate of the moneys deposited
in the Build Illinois Bond | ||||||
| 24 | Account in the Build Illinois Fund in such month
shall be less | ||||||
| 25 | than the amount required to be transferred in such month from
| ||||||
| 26 | the Build Illinois Bond Account to the Build Illinois Bond | ||||||
| |||||||
| |||||||
| 1 | Retirement and
Interest Fund pursuant to Section 13 of the | ||||||
| 2 | Build Illinois Bond Act, an
amount equal to such deficiency | ||||||
| 3 | shall be immediately paid
from other moneys received by the | ||||||
| 4 | Department pursuant to the Tax Acts
to the Build Illinois Fund; | ||||||
| 5 | provided, however, that any amounts paid to the
Build Illinois | ||||||
| 6 | Fund in any fiscal year pursuant to this sentence shall be
| ||||||
| 7 | deemed to constitute payments pursuant to clause (b) of the | ||||||
| 8 | preceding
sentence and shall reduce the amount otherwise | ||||||
| 9 | payable for such fiscal year
pursuant to clause (b) of the | ||||||
| 10 | preceding sentence. The moneys received by
the Department | ||||||
| 11 | pursuant to this Act and required to be deposited into the
| ||||||
| 12 | Build Illinois Fund are subject to the pledge, claim and charge | ||||||
| 13 | set forth
in Section 12 of the Build Illinois Bond Act. | ||||||
| 14 | Subject to payment of amounts into the Build Illinois Fund | ||||||
| 15 | as provided in
the preceding paragraph or in any amendment | ||||||
| 16 | thereto hereafter enacted, the
following specified monthly | ||||||
| 17 | installment of the amount requested in the
certificate of the | ||||||
| 18 | Chairman of the Metropolitan Pier and Exposition
Authority | ||||||
| 19 | provided under Section 8.25f of the State Finance Act, but not | ||||||
| 20 | in
excess of the sums designated as "Total Deposit", shall be | ||||||
| 21 | deposited in the
aggregate from collections under Section 9 of | ||||||
| 22 | the Use Tax Act, Section 9 of
the Service Use Tax Act, Section | ||||||
| 23 | 9 of the Service Occupation Tax Act, and
Section 3 of the | ||||||
| 24 | Retailers' Occupation Tax Act into the McCormick Place
| ||||||
| 25 | Expansion Project Fund in the specified fiscal years. | ||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| 25 | Beginning July 20, 1993 and in each month of each fiscal | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 26 | year thereafter,
one-eighth of the amount requested in the | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||
| |||||||
| 1 | certificate of the Chairman of
the Metropolitan Pier and | ||||||
| 2 | Exposition Authority for that fiscal year, less
the amount | ||||||
| 3 | deposited into the McCormick Place Expansion Project Fund by | ||||||
| 4 | the
State Treasurer in the respective month under subsection | ||||||
| 5 | (g) of Section 13
of the Metropolitan Pier and Exposition | ||||||
| 6 | Authority Act, plus cumulative
deficiencies in the deposits | ||||||
| 7 | required under this Section for previous
months and years, | ||||||
| 8 | shall be deposited into the McCormick Place Expansion
Project | ||||||
| 9 | Fund, until the full amount requested for the fiscal year, but | ||||||
| 10 | not
in excess of the amount specified above as "Total Deposit", | ||||||
| 11 | has been deposited. | ||||||
| 12 | Subject to payment of amounts into the Build Illinois Fund | ||||||
| 13 | and the
McCormick
Place Expansion Project Fund
pursuant to the | ||||||
| 14 | preceding paragraphs or in any amendments thereto hereafter
| ||||||
| 15 | enacted, beginning July 1, 1993 and ending on September 30, | ||||||
| 16 | 2013, the Department shall each month pay into the
Illinois Tax | ||||||
| 17 | Increment Fund 0.27% of 80% of the net revenue realized for the
| ||||||
| 18 | preceding month from the 6.25% general rate on the selling | ||||||
| 19 | price of tangible
personal property. | ||||||
| 20 | Subject to payment of amounts into the Build Illinois Fund | ||||||
| 21 | and the
McCormick Place Expansion Project Fund pursuant to the | ||||||
| 22 | preceding paragraphs or in any
amendments thereto hereafter | ||||||
| 23 | enacted, beginning with the receipt of the first
report of | ||||||
| 24 | taxes paid by an eligible business and continuing for a 25-year
| ||||||
| 25 | period, the Department shall each month pay into the Energy | ||||||
| 26 | Infrastructure
Fund 80% of the net revenue realized from the | ||||||
| |||||||
| |||||||
| 1 | 6.25% general rate on the
selling price of Illinois-mined coal | ||||||
| 2 | that was sold to an eligible business.
For purposes of this | ||||||
| 3 | paragraph, the term "eligible business" means a new
electric | ||||||
| 4 | generating facility certified pursuant to Section 605-332 of | ||||||
| 5 | the
Department of Commerce and
Economic Opportunity Law of the | ||||||
| 6 | Civil Administrative
Code of Illinois. | ||||||
| 7 | Subject to payment of amounts into the Build Illinois Fund, | ||||||
| 8 | the McCormick Place Expansion Project Fund, the Illinois Tax | ||||||
| 9 | Increment Fund, and the Energy Infrastructure Fund pursuant to | ||||||
| 10 | the preceding paragraphs or in any amendments to this Section | ||||||
| 11 | hereafter enacted, beginning on the first day of the first | ||||||
| 12 | calendar month to occur on or after the effective date of this | ||||||
| 13 | amendatory Act of the 98th General Assembly, each month, from | ||||||
| 14 | the collections made under Section 9 of the Use Tax Act, | ||||||
| 15 | Section 9 of the Service Use Tax Act, Section 9 of the Service | ||||||
| 16 | Occupation Tax Act, and Section 3 of the Retailers' Occupation | ||||||
| 17 | Tax Act, the Department shall pay into the Tax Compliance and | ||||||
| 18 | Administration Fund, to be used, subject to appropriation, to | ||||||
| 19 | fund additional auditors and compliance personnel at the | ||||||
| 20 | Department of Revenue, an amount equal to 1/12 of 5% of 80% of | ||||||
| 21 | the cash receipts collected during the preceding fiscal year by | ||||||
| 22 | the Audit Bureau of the Department under the Use Tax Act, the | ||||||
| 23 | Service Use Tax Act, the Service Occupation Tax Act, the | ||||||
| 24 | Retailers' Occupation Tax Act, and associated local occupation | ||||||
| 25 | and use taxes administered by the Department. | ||||||
| 26 | Of the remainder of the moneys received by the Department | ||||||
| |||||||
| |||||||
| 1 | pursuant to this
Act, 75% shall be paid into the General | ||||||
| 2 | Revenue Fund of the State Treasury and 25% shall be reserved in | ||||||
| 3 | a special account and used only for the transfer to the Common | ||||||
| 4 | School Fund as part of the monthly transfer from the General | ||||||
| 5 | Revenue Fund in accordance with Section 8a of the State Finance | ||||||
| 6 | Act. | ||||||
| 7 | The Department may, upon separate written notice to a | ||||||
| 8 | taxpayer,
require the taxpayer to prepare and file with the | ||||||
| 9 | Department on a form
prescribed by the Department within not | ||||||
| 10 | less than 60 days after receipt
of the notice an annual | ||||||
| 11 | information return for the tax year specified in
the notice. | ||||||
| 12 | Such annual return to the Department shall include a
statement | ||||||
| 13 | of gross receipts as shown by the taxpayer's last Federal | ||||||
| 14 | income
tax return. If the total receipts of the business as | ||||||
| 15 | reported in the
Federal income tax return do not agree with the | ||||||
| 16 | gross receipts reported to
the Department of Revenue for the | ||||||
| 17 | same period, the taxpayer shall attach
to his annual return a | ||||||
| 18 | schedule showing a reconciliation of the 2
amounts and the | ||||||
| 19 | reasons for the difference. The taxpayer's annual
return to the | ||||||
| 20 | Department shall also disclose the cost of goods sold by
the | ||||||
| 21 | taxpayer during the year covered by such return, opening and | ||||||
| 22 | closing
inventories of such goods for such year, cost of goods | ||||||
| 23 | used from stock
or taken from stock and given away by the | ||||||
| 24 | taxpayer during such year, pay
roll information of the | ||||||
| 25 | taxpayer's business during such year and any
additional | ||||||
| 26 | reasonable information which the Department deems would be
| ||||||
| |||||||
| |||||||
| 1 | helpful in determining the accuracy of the monthly, quarterly | ||||||
| 2 | or annual
returns filed by such taxpayer as hereinbefore | ||||||
| 3 | provided for in this
Section. | ||||||
| 4 | If the annual information return required by this Section | ||||||
| 5 | is not
filed when and as required, the taxpayer shall be liable | ||||||
| 6 | as follows: | ||||||
| 7 | (i) Until January 1, 1994, the taxpayer shall be liable
| ||||||
| 8 | for a penalty equal to 1/6 of 1% of the tax due from such | ||||||
| 9 | taxpayer
under this Act during the period to be covered by | ||||||
| 10 | the annual return
for each month or fraction of a month | ||||||
| 11 | until such return is filed as
required, the penalty to be | ||||||
| 12 | assessed and collected in the same manner
as any other | ||||||
| 13 | penalty provided for in this Act. | ||||||
| 14 | (ii) On and after January 1, 1994, the taxpayer shall | ||||||
| 15 | be liable for a
penalty as described in Section 3-4 of the | ||||||
| 16 | Uniform Penalty and Interest Act. | ||||||
| 17 | The chief executive officer, proprietor, owner or highest | ||||||
| 18 | ranking
manager shall sign the annual return to certify the | ||||||
| 19 | accuracy of the
information contained therein. Any person who | ||||||
| 20 | willfully signs the
annual return containing false or | ||||||
| 21 | inaccurate information shall be guilty
of perjury and punished | ||||||
| 22 | accordingly. The annual return form prescribed
by the | ||||||
| 23 | Department shall include a warning that the person signing the
| ||||||
| 24 | return may be liable for perjury. | ||||||
| 25 | The foregoing portion of this Section concerning the filing | ||||||
| 26 | of an
annual information return shall not apply to a serviceman | ||||||
| |||||||
| |||||||
| 1 | who is not
required to file an income tax return with the | ||||||
| 2 | United States Government. | ||||||
| 3 | As soon as possible after the first day of each month, upon | ||||||
| 4 | certification
of the Department of Revenue, the Comptroller | ||||||
| 5 | shall order transferred and
the Treasurer shall transfer from | ||||||
| 6 | the General Revenue Fund to the Motor
Fuel Tax Fund an amount | ||||||
| 7 | equal to 1.7% of 80% of the net revenue realized
under this Act | ||||||
| 8 | for the second preceding month.
Beginning April 1, 2000, this | ||||||
| 9 | transfer is no longer required
and shall not be made. | ||||||
| 10 | Net revenue realized for a month shall be the revenue | ||||||
| 11 | collected by the State
pursuant to this Act, less the amount | ||||||
| 12 | paid out during that month as
refunds to taxpayers for | ||||||
| 13 | overpayment of liability. | ||||||
| 14 | For greater simplicity of administration, it shall be | ||||||
| 15 | permissible for
manufacturers, importers and wholesalers whose | ||||||
| 16 | products are sold by numerous
servicemen in Illinois, and who | ||||||
| 17 | wish to do so, to
assume the responsibility for accounting and | ||||||
| 18 | paying to the Department
all tax accruing under this Act with | ||||||
| 19 | respect to such sales, if the
servicemen who are affected do | ||||||
| 20 | not make written objection to the
Department to this | ||||||
| 21 | arrangement. | ||||||
| 22 | (Source: P.A. 98-24, eff. 6-19-13; 98-109, eff. 7-25-13; | ||||||
| 23 | 98-298, eff. 8-9-13; 98-496, eff. 1-1-14; 98-756, eff. 7-16-14; | ||||||
| 24 | 98-1098, eff. 8-26-14.)
| ||||||
| 25 | Section 25. The Retailers' Occupation Tax Act is amended by | ||||||
| |||||||
| |||||||
| 1 | changing Sections 2-10 and 3 as follows:
| ||||||
| 2 | (35 ILCS 120/2-10)
| ||||||
| 3 | Sec. 2-10. Rate of tax. Unless otherwise provided in this | ||||||
| 4 | Section,
the tax imposed by this Act is at the rate of 6.25% of | ||||||
| 5 | gross receipts
from sales of tangible personal property made in | ||||||
| 6 | the course of business.
| ||||||
| 7 | Beginning on July 1, 2000 and through December 31, 2000, | ||||||
| 8 | with respect to
motor fuel, as defined in Section 1.1 of the | ||||||
| 9 | Motor Fuel Tax
Law, and gasohol, as defined in Section 3-40 of | ||||||
| 10 | the Use Tax Act, the tax is
imposed at the rate of 1.25%.
| ||||||
| 11 | Beginning on August 6, 2010 through August 15, 2010, with | ||||||
| 12 | respect to sales tax holiday items as defined in Section 2-8 of | ||||||
| 13 | this Act, the
tax is imposed at the rate of 1.25%. | ||||||
| 14 | Within 14 days after the effective date of this amendatory | ||||||
| 15 | Act of the 91st
General Assembly, each retailer of motor fuel | ||||||
| 16 | and gasohol shall cause the
following notice to be posted in a | ||||||
| 17 | prominently visible place on each retail
dispensing device that | ||||||
| 18 | is used to dispense motor
fuel or gasohol in the State of | ||||||
| 19 | Illinois: "As of July 1, 2000, the State of
Illinois has | ||||||
| 20 | eliminated the State's share of sales tax on motor fuel and
| ||||||
| 21 | gasohol through December 31, 2000. The price on this pump | ||||||
| 22 | should reflect the
elimination of the tax." The notice shall be | ||||||
| 23 | printed in bold print on a sign
that is no smaller than 4 | ||||||
| 24 | inches by 8 inches. The sign shall be clearly
visible to | ||||||
| 25 | customers. Any retailer who fails to post or maintain a | ||||||
| |||||||
| |||||||
| 1 | required
sign through December 31, 2000 is guilty of a petty | ||||||
| 2 | offense for which the fine
shall be $500 per day per each | ||||||
| 3 | retail premises where a violation occurs.
| ||||||
| 4 | With respect to gasohol, as defined in the Use Tax Act, the | ||||||
| 5 | tax imposed
by this Act applies to (i) 70% of the proceeds of | ||||||
| 6 | sales made on or after
January 1, 1990, and before July 1, | ||||||
| 7 | 2003, (ii) 80% of the proceeds of
sales made on or after July | ||||||
| 8 | 1, 2003 and on or before December 31,
2018, and (iii) 100% of | ||||||
| 9 | the proceeds of sales
made thereafter.
If, at any time, | ||||||
| 10 | however, the tax under this Act on sales of gasohol, as
defined | ||||||
| 11 | in
the Use Tax Act, is imposed at the rate of 1.25%, then the
| ||||||
| 12 | tax imposed by this Act applies to 100% of the proceeds of | ||||||
| 13 | sales of gasohol
made during that time.
| ||||||
| 14 | With respect to majority blended ethanol fuel, as defined | ||||||
| 15 | in the Use Tax Act,
the
tax
imposed by this Act does not apply | ||||||
| 16 | to the proceeds of sales made on or after
July 1, 2003 and on or | ||||||
| 17 | before December 31, 2018 but applies to 100% of the
proceeds of | ||||||
| 18 | sales made thereafter.
| ||||||
| 19 | With respect to biodiesel blends, as defined in the Use Tax | ||||||
| 20 | Act, with no less
than 1% and no
more than 10% biodiesel, the | ||||||
| 21 | tax imposed by this Act
applies to (i) 80% of the proceeds of | ||||||
| 22 | sales made on or after July 1, 2003
and on or before December | ||||||
| 23 | 31, 2018 and (ii) 100% of the
proceeds of sales made | ||||||
| 24 | thereafter.
If, at any time, however, the tax under this Act on | ||||||
| 25 | sales of biodiesel blends,
as
defined in the Use Tax Act, with | ||||||
| 26 | no less than 1% and no more than 10% biodiesel
is imposed at | ||||||
| |||||||
| |||||||
| 1 | the rate of 1.25%, then the
tax imposed by this Act applies to | ||||||
| 2 | 100% of the proceeds of sales of biodiesel
blends with no less | ||||||
| 3 | than 1% and no more than 10% biodiesel
made
during that time.
| ||||||
| 4 | With respect to 100% biodiesel, as defined in the Use Tax | ||||||
| 5 | Act, and biodiesel
blends, as defined in the Use Tax Act, with
| ||||||
| 6 | more than 10% but no more than 99% biodiesel, the tax imposed | ||||||
| 7 | by this Act
does not apply to the proceeds of sales made on or | ||||||
| 8 | after July 1, 2003
and on or before December 31, 2018 but | ||||||
| 9 | applies to 100% of the
proceeds of sales made thereafter.
| ||||||
| 10 | With respect to food for human consumption that is to be | ||||||
| 11 | consumed off the
premises where it is sold (other than | ||||||
| 12 | alcoholic beverages, soft drinks, and
food that has been | ||||||
| 13 | prepared for immediate consumption) and prescription and
| ||||||
| 14 | nonprescription medicines, drugs, medical appliances, | ||||||
| 15 | modifications to a motor
vehicle for the purpose of rendering | ||||||
| 16 | it usable by a disabled person, and
insulin, urine testing | ||||||
| 17 | materials, syringes, and needles used by diabetics, for
human | ||||||
| 18 | use, the tax is imposed at the rate of 1%. For the purposes of | ||||||
| 19 | this
Section, until September 1, 2009: the term "soft drinks" | ||||||
| 20 | means any complete, finished, ready-to-use,
non-alcoholic | ||||||
| 21 | drink, whether carbonated or not, including but not limited to
| ||||||
| 22 | soda water, cola, fruit juice, vegetable juice, carbonated | ||||||
| 23 | water, and all other
preparations commonly known as soft drinks | ||||||
| 24 | of whatever kind or description that
are contained in any | ||||||
| 25 | closed or sealed bottle, can, carton, or container,
regardless | ||||||
| 26 | of size; but "soft drinks" does not include coffee, tea, | ||||||
| |||||||
| |||||||
| 1 | non-carbonated
water, infant formula, milk or milk products as | ||||||
| 2 | defined in the Grade A
Pasteurized Milk and Milk Products Act, | ||||||
| 3 | or drinks containing 50% or more
natural fruit or vegetable | ||||||
| 4 | juice.
| ||||||
| 5 | Notwithstanding any other provisions of this
Act, | ||||||
| 6 | beginning September 1, 2009, "soft drinks" means non-alcoholic | ||||||
| 7 | beverages that contain natural or artificial sweeteners. "Soft | ||||||
| 8 | drinks" do not include beverages that contain milk or milk | ||||||
| 9 | products, soy, rice or similar milk substitutes, or greater | ||||||
| 10 | than 50% of vegetable or fruit juice by volume. | ||||||
| 11 | Until August 1, 2009, and notwithstanding any other | ||||||
| 12 | provisions of this
Act, "food for human consumption that is to | ||||||
| 13 | be consumed off the premises where
it is sold" includes all | ||||||
| 14 | food sold through a vending machine, except soft
drinks and | ||||||
| 15 | food products that are dispensed hot from a vending machine,
| ||||||
| 16 | regardless of the location of the vending machine. Beginning | ||||||
| 17 | August 1, 2009, and notwithstanding any other provisions of | ||||||
| 18 | this Act, "food for human consumption that is to be consumed | ||||||
| 19 | off the premises where it is sold" includes all food sold | ||||||
| 20 | through a vending machine, except soft drinks, candy, and food | ||||||
| 21 | products that are dispensed hot from a vending machine, | ||||||
| 22 | regardless of the location of the vending machine.
| ||||||
| 23 | Notwithstanding any other provisions of this
Act, | ||||||
| 24 | beginning September 1, 2009, "food for human consumption that | ||||||
| 25 | is to be consumed off the premises where
it is sold" does not | ||||||
| 26 | include candy. For purposes of this Section, "candy" means a | ||||||
| |||||||
| |||||||
| 1 | preparation of sugar, honey, or other natural or artificial | ||||||
| 2 | sweeteners in combination with chocolate, fruits, nuts or other | ||||||
| 3 | ingredients or flavorings in the form of bars, drops, or | ||||||
| 4 | pieces. "Candy" does not include any preparation that contains | ||||||
| 5 | flour or requires refrigeration. | ||||||
| 6 | Notwithstanding any other provisions of this
Act, | ||||||
| 7 | beginning September 1, 2009, "nonprescription medicines and | ||||||
| 8 | drugs" does not include grooming and hygiene products. For | ||||||
| 9 | purposes of this Section, "grooming and hygiene products" | ||||||
| 10 | includes, but is not limited to, soaps and cleaning solutions, | ||||||
| 11 | shampoo, toothpaste, mouthwash, antiperspirants, and sun tan | ||||||
| 12 | lotions and screens, unless those products are available by | ||||||
| 13 | prescription only, regardless of whether the products meet the | ||||||
| 14 | definition of "over-the-counter-drugs". For the purposes of | ||||||
| 15 | this paragraph, "over-the-counter-drug" means a drug for human | ||||||
| 16 | use that contains a label that identifies the product as a drug | ||||||
| 17 | as required by 21 C.F.R. § 201.66. The "over-the-counter-drug" | ||||||
| 18 | label includes: | ||||||
| 19 | (A) A "Drug Facts" panel; or | ||||||
| 20 | (B) A statement of the "active ingredient(s)" with a | ||||||
| 21 | list of those ingredients contained in the compound, | ||||||
| 22 | substance or preparation.
| ||||||
| 23 | Beginning on the effective date of this amendatory Act of | ||||||
| 24 | the 98th General Assembly, "prescription and nonprescription | ||||||
| 25 | medicines and drugs" includes medical cannabis purchased from a | ||||||
| 26 | registered dispensing organization under the Compassionate Use | ||||||
| |||||||
| |||||||
| 1 | of Medical Cannabis Pilot Program Act. | ||||||
| 2 | Beginning January 1, 2016, in addition to all other rates | ||||||
| 3 | of tax imposed under this Act, a surcharge of 3.75%% is imposed | ||||||
| 4 | on the selling price of (1) each firearm purchased in the State | ||||||
| 5 | and (2) each component part to a firearm, if that component | ||||||
| 6 | part is sold separately. "Firearm" has the meaning ascribed to | ||||||
| 7 | that term in Section 1.1 of the Firearm Owners Identification | ||||||
| 8 | Card Act. | ||||||
| 9 | (Source: P.A. 97-636, eff. 6-1-12; 98-122, eff. 1-1-14.)
| ||||||
| 10 | (35 ILCS 120/3) (from Ch. 120, par. 442)
| ||||||
| 11 | Sec. 3. Except as provided in this Section, on or before | ||||||
| 12 | the twentieth
day of each calendar month, every person engaged | ||||||
| 13 | in the business of
selling tangible personal property at retail | ||||||
| 14 | in this State during the
preceding calendar month shall file a | ||||||
| 15 | return with the Department, stating: | ||||||
| 16 | 1. The name of the seller; | ||||||
| 17 | 2. His residence address and the address of his | ||||||
| 18 | principal place of
business and the address of the | ||||||
| 19 | principal place of business (if that is
a different | ||||||
| 20 | address) from which he engages in the business of selling
| ||||||
| 21 | tangible personal property at retail in this State; | ||||||
| 22 | 3. Total amount of receipts received by him during the | ||||||
| 23 | preceding
calendar month or quarter, as the case may be, | ||||||
| 24 | from sales of tangible
personal property, and from services | ||||||
| 25 | furnished, by him during such
preceding calendar month or | ||||||
| |||||||
| |||||||
| 1 | quarter; | ||||||
| 2 | 4. Total amount received by him during the preceding | ||||||
| 3 | calendar month or
quarter on charge and time sales of | ||||||
| 4 | tangible personal property, and from
services furnished, | ||||||
| 5 | by him prior to the month or quarter for which the return
| ||||||
| 6 | is filed; | ||||||
| 7 | 5. Deductions allowed by law; | ||||||
| 8 | 6. Gross receipts which were received by him during the | ||||||
| 9 | preceding
calendar month or quarter and upon the basis of | ||||||
| 10 | which the tax is imposed; | ||||||
| 11 | 7. The amount of credit provided in Section 2d of this | ||||||
| 12 | Act; | ||||||
| 13 | 8. The amount of tax due; | ||||||
| 14 | 9. The signature of the taxpayer; and | ||||||
| 15 | 10. Such other reasonable information as the | ||||||
| 16 | Department may require. | ||||||
| 17 | If a taxpayer fails to sign a return within 30 days after | ||||||
| 18 | the proper notice
and demand for signature by the Department, | ||||||
| 19 | the return shall be considered
valid and any amount shown to be | ||||||
| 20 | due on the return shall be deemed assessed. | ||||||
| 21 | Each return shall be accompanied by the statement of | ||||||
| 22 | prepaid tax issued
pursuant to Section 2e for which credit is | ||||||
| 23 | claimed. | ||||||
| 24 | Prior to October 1, 2003, and on and after September 1, | ||||||
| 25 | 2004 a retailer may accept a Manufacturer's Purchase
Credit
| ||||||
| 26 | certification from a purchaser in satisfaction of Use Tax
as | ||||||
| |||||||
| |||||||
| 1 | provided in Section 3-85 of the Use Tax Act if the purchaser | ||||||
| 2 | provides the
appropriate documentation as required by Section | ||||||
| 3 | 3-85
of the Use Tax Act. A Manufacturer's Purchase Credit
| ||||||
| 4 | certification, accepted by a retailer prior to October 1, 2003 | ||||||
| 5 | and on and after September 1, 2004 as provided
in
Section 3-85 | ||||||
| 6 | of the Use Tax Act, may be used by that retailer to
satisfy | ||||||
| 7 | Retailers' Occupation Tax liability in the amount claimed in
| ||||||
| 8 | the certification, not to exceed 6.25% of the receipts
subject | ||||||
| 9 | to tax from a qualifying purchase. A Manufacturer's Purchase | ||||||
| 10 | Credit
reported on any original or amended return
filed under
| ||||||
| 11 | this Act after October 20, 2003 for reporting periods prior to | ||||||
| 12 | September 1, 2004 shall be disallowed. Manufacturer's | ||||||
| 13 | Purchaser Credit reported on annual returns due on or after | ||||||
| 14 | January 1, 2005 will be disallowed for periods prior to | ||||||
| 15 | September 1, 2004. No Manufacturer's
Purchase Credit may be | ||||||
| 16 | used after September 30, 2003 through August 31, 2004 to
| ||||||
| 17 | satisfy any
tax liability imposed under this Act, including any | ||||||
| 18 | audit liability. | ||||||
| 19 | The Department may require returns to be filed on a | ||||||
| 20 | quarterly basis.
If so required, a return for each calendar | ||||||
| 21 | quarter shall be filed on or
before the twentieth day of the | ||||||
| 22 | calendar month following the end of such
calendar quarter. The | ||||||
| 23 | taxpayer shall also file a return with the
Department for each | ||||||
| 24 | of the first two months of each calendar quarter, on or
before | ||||||
| 25 | the twentieth day of the following calendar month, stating: | ||||||
| 26 | 1. The name of the seller; | ||||||
| |||||||
| |||||||
| 1 | 2. The address of the principal place of business from | ||||||
| 2 | which he engages
in the business of selling tangible | ||||||
| 3 | personal property at retail in this State; | ||||||
| 4 | 3. The total amount of taxable receipts received by him | ||||||
| 5 | during the
preceding calendar month from sales of tangible | ||||||
| 6 | personal property by him
during such preceding calendar | ||||||
| 7 | month, including receipts from charge and
time sales, but | ||||||
| 8 | less all deductions allowed by law; | ||||||
| 9 | 4. The amount of credit provided in Section 2d of this | ||||||
| 10 | Act; | ||||||
| 11 | 5. The amount of tax due; and | ||||||
| 12 | 6. Such other reasonable information as the Department | ||||||
| 13 | may
require. | ||||||
| 14 | Beginning on October 1, 2003, any person who is not a | ||||||
| 15 | licensed
distributor, importing distributor, or manufacturer, | ||||||
| 16 | as defined in the Liquor
Control Act of 1934, but is engaged in | ||||||
| 17 | the business of
selling, at retail, alcoholic liquor
shall file | ||||||
| 18 | a statement with the Department of Revenue, in a format
and at | ||||||
| 19 | a time prescribed by the Department, showing the total amount | ||||||
| 20 | paid for
alcoholic liquor purchased during the preceding month | ||||||
| 21 | and such other
information as is reasonably required by the | ||||||
| 22 | Department.
The Department may adopt rules to require
that this | ||||||
| 23 | statement be filed in an electronic or telephonic format. Such | ||||||
| 24 | rules
may provide for exceptions from the filing requirements | ||||||
| 25 | of this paragraph. For
the
purposes of this
paragraph, the term | ||||||
| 26 | "alcoholic liquor" shall have the meaning prescribed in the
| ||||||
| |||||||
| |||||||
| 1 | Liquor Control Act of 1934. | ||||||
| 2 | Beginning on October 1, 2003, every distributor, importing | ||||||
| 3 | distributor, and
manufacturer of alcoholic liquor as defined in | ||||||
| 4 | the Liquor Control Act of 1934,
shall file a
statement with the | ||||||
| 5 | Department of Revenue, no later than the 10th day of the
month | ||||||
| 6 | for the
preceding month during which transactions occurred, by | ||||||
| 7 | electronic means,
showing the
total amount of gross receipts | ||||||
| 8 | from the sale of alcoholic liquor sold or
distributed during
| ||||||
| 9 | the preceding month to purchasers; identifying the purchaser to | ||||||
| 10 | whom it was
sold or
distributed; the purchaser's tax | ||||||
| 11 | registration number; and such other
information
reasonably | ||||||
| 12 | required by the Department. A distributor, importing | ||||||
| 13 | distributor, or manufacturer of alcoholic liquor must | ||||||
| 14 | personally deliver, mail, or provide by electronic means to | ||||||
| 15 | each retailer listed on the monthly statement a report | ||||||
| 16 | containing a cumulative total of that distributor's, importing | ||||||
| 17 | distributor's, or manufacturer's total sales of alcoholic | ||||||
| 18 | liquor to that retailer no later than the 10th day of the month | ||||||
| 19 | for the preceding month during which the transaction occurred. | ||||||
| 20 | The distributor, importing distributor, or manufacturer shall | ||||||
| 21 | notify the retailer as to the method by which the distributor, | ||||||
| 22 | importing distributor, or manufacturer will provide the sales | ||||||
| 23 | information. If the retailer is unable to receive the sales | ||||||
| 24 | information by electronic means, the distributor, importing | ||||||
| 25 | distributor, or manufacturer shall furnish the sales | ||||||
| 26 | information by personal delivery or by mail. For purposes of | ||||||
| |||||||
| |||||||
| 1 | this paragraph, the term "electronic means" includes, but is | ||||||
| 2 | not limited to, the use of a secure Internet website, e-mail, | ||||||
| 3 | or facsimile. | ||||||
| 4 | If a total amount of less than $1 is payable, refundable or | ||||||
| 5 | creditable,
such amount shall be disregarded if it is less than | ||||||
| 6 | 50 cents and shall be
increased to $1 if it is 50 cents or more. | ||||||
| 7 | Beginning October 1, 1993,
a taxpayer who has an average | ||||||
| 8 | monthly tax liability of $150,000 or more shall
make all | ||||||
| 9 | payments required by rules of the
Department by electronic | ||||||
| 10 | funds transfer. Beginning October 1, 1994, a taxpayer
who has | ||||||
| 11 | an average monthly tax liability of $100,000 or more shall make | ||||||
| 12 | all
payments required by rules of the Department by electronic | ||||||
| 13 | funds transfer.
Beginning October 1, 1995, a taxpayer who has | ||||||
| 14 | an average monthly tax liability
of $50,000 or more shall make | ||||||
| 15 | all
payments required by rules of the Department by electronic | ||||||
| 16 | funds transfer.
Beginning October 1, 2000, a taxpayer who has | ||||||
| 17 | an annual tax liability of
$200,000 or more shall make all | ||||||
| 18 | payments required by rules of the Department by
electronic | ||||||
| 19 | funds transfer. The term "annual tax liability" shall be the | ||||||
| 20 | sum of
the taxpayer's liabilities under this Act, and under all | ||||||
| 21 | other State and local
occupation and use tax laws administered | ||||||
| 22 | by the Department, for the immediately
preceding calendar year.
| ||||||
| 23 | The term "average monthly tax liability" shall be the sum of | ||||||
| 24 | the
taxpayer's liabilities under this
Act, and under all other | ||||||
| 25 | State and local occupation and use tax
laws administered by the | ||||||
| 26 | Department, for the immediately preceding calendar
year | ||||||
| |||||||
| |||||||
| 1 | divided by 12.
Beginning on October 1, 2002, a taxpayer who has | ||||||
| 2 | a tax liability in the
amount set forth in subsection (b) of | ||||||
| 3 | Section 2505-210 of the Department of
Revenue Law shall make | ||||||
| 4 | all payments required by rules of the Department by
electronic | ||||||
| 5 | funds transfer. | ||||||
| 6 | Before August 1 of each year beginning in 1993, the | ||||||
| 7 | Department shall
notify all taxpayers required to make payments | ||||||
| 8 | by electronic funds
transfer. All taxpayers
required to make | ||||||
| 9 | payments by electronic funds transfer shall make those
payments | ||||||
| 10 | for
a minimum of one year beginning on October 1. | ||||||
| 11 | Any taxpayer not required to make payments by electronic | ||||||
| 12 | funds transfer may
make payments by electronic funds transfer | ||||||
| 13 | with
the permission of the Department. | ||||||
| 14 | All taxpayers required to make payment by electronic funds | ||||||
| 15 | transfer and
any taxpayers authorized to voluntarily make | ||||||
| 16 | payments by electronic funds
transfer shall make those payments | ||||||
| 17 | in the manner authorized by the Department. | ||||||
| 18 | The Department shall adopt such rules as are necessary to | ||||||
| 19 | effectuate a
program of electronic funds transfer and the | ||||||
| 20 | requirements of this Section. | ||||||
| 21 | Any amount which is required to be shown or reported on any | ||||||
| 22 | return or
other document under this Act shall, if such amount | ||||||
| 23 | is not a whole-dollar
amount, be increased to the nearest | ||||||
| 24 | whole-dollar amount in any case where
the fractional part of a | ||||||
| 25 | dollar is 50 cents or more, and decreased to the
nearest | ||||||
| 26 | whole-dollar amount where the fractional part of a dollar is | ||||||
| |||||||
| |||||||
| 1 | less
than 50 cents. | ||||||
| 2 | If the retailer is otherwise required to file a monthly | ||||||
| 3 | return and if the
retailer's average monthly tax liability to | ||||||
| 4 | the Department does not exceed
$200, the Department may | ||||||
| 5 | authorize his returns to be filed on a quarter
annual basis, | ||||||
| 6 | with the return for January, February and March of a given
year | ||||||
| 7 | being due by April 20 of such year; with the return for April, | ||||||
| 8 | May and
June of a given year being due by July 20 of such year; | ||||||
| 9 | with the return for
July, August and September of a given year | ||||||
| 10 | being due by October 20 of such
year, and with the return for | ||||||
| 11 | October, November and December of a given
year being due by | ||||||
| 12 | January 20 of the following year. | ||||||
| 13 | If the retailer is otherwise required to file a monthly or | ||||||
| 14 | quarterly
return and if the retailer's average monthly tax | ||||||
| 15 | liability with the
Department does not exceed $50, the | ||||||
| 16 | Department may authorize his returns to
be filed on an annual | ||||||
| 17 | basis, with the return for a given year being due by
January 20 | ||||||
| 18 | of the following year. | ||||||
| 19 | Such quarter annual and annual returns, as to form and | ||||||
| 20 | substance,
shall be subject to the same requirements as monthly | ||||||
| 21 | returns. | ||||||
| 22 | Notwithstanding any other provision in this Act concerning | ||||||
| 23 | the time
within which a retailer may file his return, in the | ||||||
| 24 | case of any retailer
who ceases to engage in a kind of business | ||||||
| 25 | which makes him responsible
for filing returns under this Act, | ||||||
| 26 | such retailer shall file a final
return under this Act with the | ||||||
| |||||||
| |||||||
| 1 | Department not more than one month after
discontinuing such | ||||||
| 2 | business. | ||||||
| 3 | Where the same person has more than one business registered | ||||||
| 4 | with the
Department under separate registrations under this | ||||||
| 5 | Act, such person may
not file each return that is due as a | ||||||
| 6 | single return covering all such
registered businesses, but | ||||||
| 7 | shall file separate returns for each such
registered business. | ||||||
| 8 | In addition, with respect to motor vehicles, watercraft,
| ||||||
| 9 | aircraft, and trailers that are required to be registered with | ||||||
| 10 | an agency of
this State, every
retailer selling this kind of | ||||||
| 11 | tangible personal property shall file,
with the Department, | ||||||
| 12 | upon a form to be prescribed and supplied by the
Department, a | ||||||
| 13 | separate return for each such item of tangible personal
| ||||||
| 14 | property which the retailer sells, except that if, in the same
| ||||||
| 15 | transaction, (i) a retailer of aircraft, watercraft, motor | ||||||
| 16 | vehicles or
trailers transfers more than one aircraft, | ||||||
| 17 | watercraft, motor
vehicle or trailer to another aircraft, | ||||||
| 18 | watercraft, motor vehicle
retailer or trailer retailer for the | ||||||
| 19 | purpose of resale
or (ii) a retailer of aircraft, watercraft, | ||||||
| 20 | motor vehicles, or trailers
transfers more than one aircraft, | ||||||
| 21 | watercraft, motor vehicle, or trailer to a
purchaser for use as | ||||||
| 22 | a qualifying rolling stock as provided in Section 2-5 of
this | ||||||
| 23 | Act, then
that seller may report the transfer of all aircraft,
| ||||||
| 24 | watercraft, motor vehicles or trailers involved in that | ||||||
| 25 | transaction to the
Department on the same uniform | ||||||
| 26 | invoice-transaction reporting return form. For
purposes of | ||||||
| |||||||
| |||||||
| 1 | this Section, "watercraft" means a Class 2, Class 3, or Class 4
| ||||||
| 2 | watercraft as defined in Section 3-2 of the Boat Registration | ||||||
| 3 | and Safety Act, a
personal watercraft, or any boat equipped | ||||||
| 4 | with an inboard motor. | ||||||
| 5 | Any retailer who sells only motor vehicles, watercraft,
| ||||||
| 6 | aircraft, or trailers that are required to be registered with | ||||||
| 7 | an agency of
this State, so that all
retailers' occupation tax | ||||||
| 8 | liability is required to be reported, and is
reported, on such | ||||||
| 9 | transaction reporting returns and who is not otherwise
required | ||||||
| 10 | to file monthly or quarterly returns, need not file monthly or
| ||||||
| 11 | quarterly returns. However, those retailers shall be required | ||||||
| 12 | to
file returns on an annual basis. | ||||||
| 13 | The transaction reporting return, in the case of motor | ||||||
| 14 | vehicles
or trailers that are required to be registered with an | ||||||
| 15 | agency of this
State, shall
be the same document as the Uniform | ||||||
| 16 | Invoice referred to in Section 5-402
of The Illinois Vehicle | ||||||
| 17 | Code and must show the name and address of the
seller; the name | ||||||
| 18 | and address of the purchaser; the amount of the selling
price | ||||||
| 19 | including the amount allowed by the retailer for traded-in
| ||||||
| 20 | property, if any; the amount allowed by the retailer for the | ||||||
| 21 | traded-in
tangible personal property, if any, to the extent to | ||||||
| 22 | which Section 1 of
this Act allows an exemption for the value | ||||||
| 23 | of traded-in property; the
balance payable after deducting such | ||||||
| 24 | trade-in allowance from the total
selling price; the amount of | ||||||
| 25 | tax due from the retailer with respect to
such transaction; the | ||||||
| 26 | amount of tax collected from the purchaser by the
retailer on | ||||||
| |||||||
| |||||||
| 1 | such transaction (or satisfactory evidence that such tax is
not | ||||||
| 2 | due in that particular instance, if that is claimed to be the | ||||||
| 3 | fact);
the place and date of the sale; a sufficient | ||||||
| 4 | identification of the
property sold; such other information as | ||||||
| 5 | is required in Section 5-402 of
The Illinois Vehicle Code, and | ||||||
| 6 | such other information as the Department
may reasonably | ||||||
| 7 | require. | ||||||
| 8 | The transaction reporting return in the case of watercraft
| ||||||
| 9 | or aircraft must show
the name and address of the seller; the | ||||||
| 10 | name and address of the
purchaser; the amount of the selling | ||||||
| 11 | price including the amount allowed
by the retailer for | ||||||
| 12 | traded-in property, if any; the amount allowed by
the retailer | ||||||
| 13 | for the traded-in tangible personal property, if any, to
the | ||||||
| 14 | extent to which Section 1 of this Act allows an exemption for | ||||||
| 15 | the
value of traded-in property; the balance payable after | ||||||
| 16 | deducting such
trade-in allowance from the total selling price; | ||||||
| 17 | the amount of tax due
from the retailer with respect to such | ||||||
| 18 | transaction; the amount of tax
collected from the purchaser by | ||||||
| 19 | the retailer on such transaction (or
satisfactory evidence that | ||||||
| 20 | such tax is not due in that particular
instance, if that is | ||||||
| 21 | claimed to be the fact); the place and date of the
sale, a | ||||||
| 22 | sufficient identification of the property sold, and such other
| ||||||
| 23 | information as the Department may reasonably require. | ||||||
| 24 | Such transaction reporting return shall be filed not later | ||||||
| 25 | than 20
days after the day of delivery of the item that is | ||||||
| 26 | being sold, but may
be filed by the retailer at any time sooner | ||||||
| |||||||
| |||||||
| 1 | than that if he chooses to
do so. The transaction reporting | ||||||
| 2 | return and tax remittance or proof of
exemption from the | ||||||
| 3 | Illinois use tax may be transmitted to the Department
by way of | ||||||
| 4 | the State agency with which, or State officer with whom the
| ||||||
| 5 | tangible personal property must be titled or registered (if | ||||||
| 6 | titling or
registration is required) if the Department and such | ||||||
| 7 | agency or State
officer determine that this procedure will | ||||||
| 8 | expedite the processing of
applications for title or | ||||||
| 9 | registration. | ||||||
| 10 | With each such transaction reporting return, the retailer | ||||||
| 11 | shall remit
the proper amount of tax due (or shall submit | ||||||
| 12 | satisfactory evidence that
the sale is not taxable if that is | ||||||
| 13 | the case), to the Department or its
agents, whereupon the | ||||||
| 14 | Department shall issue, in the purchaser's name, a
use tax | ||||||
| 15 | receipt (or a certificate of exemption if the Department is
| ||||||
| 16 | satisfied that the particular sale is tax exempt) which such | ||||||
| 17 | purchaser
may submit to the agency with which, or State officer | ||||||
| 18 | with whom, he must
title or register the tangible personal | ||||||
| 19 | property that is involved (if
titling or registration is | ||||||
| 20 | required) in support of such purchaser's
application for an | ||||||
| 21 | Illinois certificate or other evidence of title or
registration | ||||||
| 22 | to such tangible personal property. | ||||||
| 23 | No retailer's failure or refusal to remit tax under this | ||||||
| 24 | Act
precludes a user, who has paid the proper tax to the | ||||||
| 25 | retailer, from
obtaining his certificate of title or other | ||||||
| 26 | evidence of title or
registration (if titling or registration | ||||||
| |||||||
| |||||||
| 1 | is required) upon satisfying
the Department that such user has | ||||||
| 2 | paid the proper tax (if tax is due) to
the retailer. The | ||||||
| 3 | Department shall adopt appropriate rules to carry out
the | ||||||
| 4 | mandate of this paragraph. | ||||||
| 5 | If the user who would otherwise pay tax to the retailer | ||||||
| 6 | wants the
transaction reporting return filed and the payment of | ||||||
| 7 | the tax or proof
of exemption made to the Department before the | ||||||
| 8 | retailer is willing to
take these actions and such user has not | ||||||
| 9 | paid the tax to the retailer,
such user may certify to the fact | ||||||
| 10 | of such delay by the retailer and may
(upon the Department | ||||||
| 11 | being satisfied of the truth of such certification)
transmit | ||||||
| 12 | the information required by the transaction reporting return
| ||||||
| 13 | and the remittance for tax or proof of exemption directly to | ||||||
| 14 | the
Department and obtain his tax receipt or exemption | ||||||
| 15 | determination, in
which event the transaction reporting return | ||||||
| 16 | and tax remittance (if a
tax payment was required) shall be | ||||||
| 17 | credited by the Department to the
proper retailer's account | ||||||
| 18 | with the Department, but without the 2.1% or 1.75%
discount | ||||||
| 19 | provided for in this Section being allowed. When the user pays
| ||||||
| 20 | the tax directly to the Department, he shall pay the tax in the | ||||||
| 21 | same
amount and in the same form in which it would be remitted | ||||||
| 22 | if the tax had
been remitted to the Department by the retailer. | ||||||
| 23 | Refunds made by the seller during the preceding return | ||||||
| 24 | period to
purchasers, on account of tangible personal property | ||||||
| 25 | returned to the
seller, shall be allowed as a deduction under | ||||||
| 26 | subdivision 5 of his monthly
or quarterly return, as the case | ||||||
| |||||||
| |||||||
| 1 | may be, in case the
seller had theretofore included the | ||||||
| 2 | receipts from the sale of such
tangible personal property in a | ||||||
| 3 | return filed by him and had paid the tax
imposed by this Act | ||||||
| 4 | with respect to such receipts. | ||||||
| 5 | Where the seller is a corporation, the return filed on | ||||||
| 6 | behalf of such
corporation shall be signed by the president, | ||||||
| 7 | vice-president, secretary
or treasurer or by the properly | ||||||
| 8 | accredited agent of such corporation. | ||||||
| 9 | Where the seller is a limited liability company, the return | ||||||
| 10 | filed on behalf
of the limited liability company shall be | ||||||
| 11 | signed by a manager, member, or
properly accredited agent of | ||||||
| 12 | the limited liability company. | ||||||
| 13 | Except as provided in this Section, the retailer filing the | ||||||
| 14 | return
under this Section shall, at the time of filing such | ||||||
| 15 | return, pay to the
Department the amount of tax imposed by this | ||||||
| 16 | Act less a discount of 2.1%
prior to January 1, 1990 and 1.75% | ||||||
| 17 | on and after January 1, 1990, or $5 per
calendar year, | ||||||
| 18 | whichever is greater, which is allowed to
reimburse the | ||||||
| 19 | retailer for the expenses incurred in keeping records,
| ||||||
| 20 | preparing and filing returns, remitting the tax and supplying | ||||||
| 21 | data to
the Department on request. Any prepayment made pursuant | ||||||
| 22 | to Section 2d
of this Act shall be included in the amount on | ||||||
| 23 | which such
2.1% or 1.75% discount is computed. In the case of | ||||||
| 24 | retailers who report
and pay the tax on a transaction by | ||||||
| 25 | transaction basis, as provided in this
Section, such discount | ||||||
| 26 | shall be taken with each such tax remittance
instead of when | ||||||
| |||||||
| |||||||
| 1 | such retailer files his periodic return. The Department may | ||||||
| 2 | disallow the discount for retailers whose certificate of | ||||||
| 3 | registration is revoked at the time the return is filed, but | ||||||
| 4 | only if the Department's decision to revoke the certificate of | ||||||
| 5 | registration has become final. | ||||||
| 6 | Before October 1, 2000, if the taxpayer's average monthly | ||||||
| 7 | tax liability
to the Department
under this Act, the Use Tax | ||||||
| 8 | Act, the Service Occupation Tax
Act, and the Service Use Tax | ||||||
| 9 | Act, excluding any liability for prepaid sales
tax to be | ||||||
| 10 | remitted in accordance with Section 2d of this Act, was
$10,000
| ||||||
| 11 | or more during the preceding 4 complete calendar quarters, he | ||||||
| 12 | shall file a
return with the Department each month by the 20th | ||||||
| 13 | day of the month next
following the month during which such tax | ||||||
| 14 | liability is incurred and shall
make payments to the Department | ||||||
| 15 | on or before the 7th, 15th, 22nd and last
day of the month | ||||||
| 16 | during which such liability is incurred.
On and after October | ||||||
| 17 | 1, 2000, if the taxpayer's average monthly tax liability
to the | ||||||
| 18 | Department under this Act, the Use Tax Act, the Service | ||||||
| 19 | Occupation Tax
Act, and the Service Use Tax Act, excluding any | ||||||
| 20 | liability for prepaid sales tax
to be remitted in accordance | ||||||
| 21 | with Section 2d of this Act, was $20,000 or more
during the | ||||||
| 22 | preceding 4 complete calendar quarters, he shall file a return | ||||||
| 23 | with
the Department each month by the 20th day of the month | ||||||
| 24 | next following the month
during which such tax liability is | ||||||
| 25 | incurred and shall make payment to the
Department on or before | ||||||
| 26 | the 7th, 15th, 22nd and last day of the month during
which such | ||||||
| |||||||
| |||||||
| 1 | liability is incurred.
If the month
during which such tax | ||||||
| 2 | liability is incurred began prior to January 1, 1985,
each | ||||||
| 3 | payment shall be in an amount equal to 1/4 of the taxpayer's | ||||||
| 4 | actual
liability for the month or an amount set by the | ||||||
| 5 | Department not to exceed
1/4 of the average monthly liability | ||||||
| 6 | of the taxpayer to the Department for
the preceding 4 complete | ||||||
| 7 | calendar quarters (excluding the month of highest
liability and | ||||||
| 8 | the month of lowest liability in such 4 quarter period). If
the | ||||||
| 9 | month during which such tax liability is incurred begins on or | ||||||
| 10 | after
January 1, 1985 and prior to January 1, 1987, each | ||||||
| 11 | payment shall be in an
amount equal to 22.5% of the taxpayer's | ||||||
| 12 | actual liability for the month or
27.5% of the taxpayer's | ||||||
| 13 | liability for the same calendar
month of the preceding year. If | ||||||
| 14 | the month during which such tax
liability is incurred begins on | ||||||
| 15 | or after January 1, 1987 and prior to
January 1, 1988, each | ||||||
| 16 | payment shall be in an amount equal to 22.5% of the
taxpayer's | ||||||
| 17 | actual liability for the month or 26.25% of the taxpayer's
| ||||||
| 18 | liability for the same calendar month of the preceding year. If | ||||||
| 19 | the month
during which such tax liability is incurred begins on | ||||||
| 20 | or after January 1,
1988, and prior to January 1, 1989, or | ||||||
| 21 | begins on or after January 1, 1996, each
payment shall be in an | ||||||
| 22 | amount
equal to 22.5% of the taxpayer's actual liability for | ||||||
| 23 | the month or 25% of
the taxpayer's liability for the same | ||||||
| 24 | calendar month of the preceding year. If
the month during which | ||||||
| 25 | such tax liability is incurred begins on or after
January 1, | ||||||
| 26 | 1989, and prior to January 1, 1996, each payment shall be in an
| ||||||
| |||||||
| |||||||
| 1 | amount equal to 22.5% of the
taxpayer's actual liability for | ||||||
| 2 | the month or 25% of the taxpayer's
liability for the same | ||||||
| 3 | calendar month of the preceding year or 100% of the
taxpayer's | ||||||
| 4 | actual liability for the quarter monthly reporting period. The
| ||||||
| 5 | amount of such quarter monthly payments shall be credited | ||||||
| 6 | against
the final tax liability of the taxpayer's return for | ||||||
| 7 | that month. Before
October 1, 2000, once
applicable, the | ||||||
| 8 | requirement of the making of quarter monthly payments to
the | ||||||
| 9 | Department by taxpayers having an average monthly tax liability | ||||||
| 10 | of
$10,000 or more as determined in the manner provided above
| ||||||
| 11 | shall continue
until such taxpayer's average monthly liability | ||||||
| 12 | to the Department during
the preceding 4 complete calendar | ||||||
| 13 | quarters (excluding the month of highest
liability and the | ||||||
| 14 | month of lowest liability) is less than
$9,000, or until
such | ||||||
| 15 | taxpayer's average monthly liability to the Department as | ||||||
| 16 | computed for
each calendar quarter of the 4 preceding complete | ||||||
| 17 | calendar quarter period
is less than $10,000. However, if a | ||||||
| 18 | taxpayer can show the
Department that
a substantial change in | ||||||
| 19 | the taxpayer's business has occurred which causes
the taxpayer | ||||||
| 20 | to anticipate that his average monthly tax liability for the
| ||||||
| 21 | reasonably foreseeable future will fall below the $10,000 | ||||||
| 22 | threshold
stated above, then
such taxpayer
may petition the | ||||||
| 23 | Department for a change in such taxpayer's reporting
status. On | ||||||
| 24 | and after October 1, 2000, once applicable, the requirement of
| ||||||
| 25 | the making of quarter monthly payments to the Department by | ||||||
| 26 | taxpayers having an
average monthly tax liability of $20,000 or | ||||||
| |||||||
| |||||||
| 1 | more as determined in the manner
provided above shall continue | ||||||
| 2 | until such taxpayer's average monthly liability
to the | ||||||
| 3 | Department during the preceding 4 complete calendar quarters | ||||||
| 4 | (excluding
the month of highest liability and the month of | ||||||
| 5 | lowest liability) is less than
$19,000 or until such taxpayer's | ||||||
| 6 | average monthly liability to the Department as
computed for | ||||||
| 7 | each calendar quarter of the 4 preceding complete calendar | ||||||
| 8 | quarter
period is less than $20,000. However, if a taxpayer can | ||||||
| 9 | show the Department
that a substantial change in the taxpayer's | ||||||
| 10 | business has occurred which causes
the taxpayer to anticipate | ||||||
| 11 | that his average monthly tax liability for the
reasonably | ||||||
| 12 | foreseeable future will fall below the $20,000 threshold stated
| ||||||
| 13 | above, then such taxpayer may petition the Department for a | ||||||
| 14 | change in such
taxpayer's reporting status. The Department | ||||||
| 15 | shall change such taxpayer's
reporting status
unless it finds | ||||||
| 16 | that such change is seasonal in nature and not likely to be
| ||||||
| 17 | long term. If any such quarter monthly payment is not paid at | ||||||
| 18 | the time or
in the amount required by this Section, then the | ||||||
| 19 | taxpayer shall be liable for
penalties and interest on the | ||||||
| 20 | difference
between the minimum amount due as a payment and the | ||||||
| 21 | amount of such quarter
monthly payment actually and timely | ||||||
| 22 | paid, except insofar as the
taxpayer has previously made | ||||||
| 23 | payments for that month to the Department in
excess of the | ||||||
| 24 | minimum payments previously due as provided in this Section.
| ||||||
| 25 | The Department shall make reasonable rules and regulations to | ||||||
| 26 | govern the
quarter monthly payment amount and quarter monthly | ||||||
| |||||||
| |||||||
| 1 | payment dates for
taxpayers who file on other than a calendar | ||||||
| 2 | monthly basis. | ||||||
| 3 | The provisions of this paragraph apply before October 1, | ||||||
| 4 | 2001.
Without regard to whether a taxpayer is required to make | ||||||
| 5 | quarter monthly
payments as specified above, any taxpayer who | ||||||
| 6 | is required by Section 2d
of this Act to collect and remit | ||||||
| 7 | prepaid taxes and has collected prepaid
taxes which average in | ||||||
| 8 | excess of $25,000 per month during the preceding
2 complete | ||||||
| 9 | calendar quarters, shall file a return with the Department as
| ||||||
| 10 | required by Section 2f and shall make payments to the | ||||||
| 11 | Department on or before
the 7th, 15th, 22nd and last day of the | ||||||
| 12 | month during which such liability
is incurred. If the month | ||||||
| 13 | during which such tax liability is incurred
began prior to the | ||||||
| 14 | effective date of this amendatory Act of 1985, each
payment | ||||||
| 15 | shall be in an amount not less than 22.5% of the taxpayer's | ||||||
| 16 | actual
liability under Section 2d. If the month during which | ||||||
| 17 | such tax liability
is incurred begins on or after January 1, | ||||||
| 18 | 1986, each payment shall be in an
amount equal to 22.5% of the | ||||||
| 19 | taxpayer's actual liability for the month or
27.5% of the | ||||||
| 20 | taxpayer's liability for the same calendar month of the
| ||||||
| 21 | preceding calendar year. If the month during which such tax | ||||||
| 22 | liability is
incurred begins on or after January 1, 1987, each | ||||||
| 23 | payment shall be in an
amount equal to 22.5% of the taxpayer's | ||||||
| 24 | actual liability for the month or
26.25% of the taxpayer's | ||||||
| 25 | liability for the same calendar month of the
preceding year. | ||||||
| 26 | The amount of such quarter monthly payments shall be
credited | ||||||
| |||||||
| |||||||
| 1 | against the final tax liability of the taxpayer's return for | ||||||
| 2 | that
month filed under this Section or Section 2f, as the case | ||||||
| 3 | may be. Once
applicable, the requirement of the making of | ||||||
| 4 | quarter monthly payments to
the Department pursuant to this | ||||||
| 5 | paragraph shall continue until such
taxpayer's average monthly | ||||||
| 6 | prepaid tax collections during the preceding 2
complete | ||||||
| 7 | calendar quarters is $25,000 or less. If any such quarter | ||||||
| 8 | monthly
payment is not paid at the time or in the amount | ||||||
| 9 | required, the taxpayer
shall be liable for penalties and | ||||||
| 10 | interest on such difference, except
insofar as the taxpayer has | ||||||
| 11 | previously made payments for that month in
excess of the | ||||||
| 12 | minimum payments previously due. | ||||||
| 13 | The provisions of this paragraph apply on and after October | ||||||
| 14 | 1, 2001.
Without regard to whether a taxpayer is required to | ||||||
| 15 | make quarter monthly
payments as specified above, any taxpayer | ||||||
| 16 | who is required by Section 2d of this
Act to collect and remit | ||||||
| 17 | prepaid taxes and has collected prepaid taxes that
average in | ||||||
| 18 | excess of $20,000 per month during the preceding 4 complete | ||||||
| 19 | calendar
quarters shall file a return with the Department as | ||||||
| 20 | required by Section 2f
and shall make payments to the | ||||||
| 21 | Department on or before the 7th, 15th, 22nd and
last day of the | ||||||
| 22 | month during which the liability is incurred. Each payment
| ||||||
| 23 | shall be in an amount equal to 22.5% of the taxpayer's actual | ||||||
| 24 | liability for the
month or 25% of the taxpayer's liability for | ||||||
| 25 | the same calendar month of the
preceding year. The amount of | ||||||
| 26 | the quarter monthly payments shall be credited
against the | ||||||
| |||||||
| |||||||
| 1 | final tax liability of the taxpayer's return for that month | ||||||
| 2 | filed
under this Section or Section 2f, as the case may be. | ||||||
| 3 | Once applicable, the
requirement of the making of quarter | ||||||
| 4 | monthly payments to the Department
pursuant to this paragraph | ||||||
| 5 | shall continue until the taxpayer's average monthly
prepaid tax | ||||||
| 6 | collections during the preceding 4 complete calendar quarters
| ||||||
| 7 | (excluding the month of highest liability and the month of | ||||||
| 8 | lowest liability) is
less than $19,000 or until such taxpayer's | ||||||
| 9 | average monthly liability to the
Department as computed for | ||||||
| 10 | each calendar quarter of the 4 preceding complete
calendar | ||||||
| 11 | quarters is less than $20,000. If any such quarter monthly | ||||||
| 12 | payment is
not paid at the time or in the amount required, the | ||||||
| 13 | taxpayer shall be liable
for penalties and interest on such | ||||||
| 14 | difference, except insofar as the taxpayer
has previously made | ||||||
| 15 | payments for that month in excess of the minimum payments
| ||||||
| 16 | previously due. | ||||||
| 17 | If any payment provided for in this Section exceeds
the | ||||||
| 18 | taxpayer's liabilities under this Act, the Use Tax Act, the | ||||||
| 19 | Service
Occupation Tax Act and the Service Use Tax Act, as | ||||||
| 20 | shown on an original
monthly return, the Department shall, if | ||||||
| 21 | requested by the taxpayer, issue to
the taxpayer a credit | ||||||
| 22 | memorandum no later than 30 days after the date of
payment. The | ||||||
| 23 | credit evidenced by such credit memorandum may
be assigned by | ||||||
| 24 | the taxpayer to a similar taxpayer under this Act, the
Use Tax | ||||||
| 25 | Act, the Service Occupation Tax Act or the Service Use Tax Act, | ||||||
| 26 | in
accordance with reasonable rules and regulations to be | ||||||
| |||||||
| |||||||
| 1 | prescribed by the
Department. If no such request is made, the | ||||||
| 2 | taxpayer may credit such excess
payment against tax liability | ||||||
| 3 | subsequently to be remitted to the Department
under this Act, | ||||||
| 4 | the Use Tax Act, the Service Occupation Tax Act or the
Service | ||||||
| 5 | Use Tax Act, in accordance with reasonable rules and | ||||||
| 6 | regulations
prescribed by the Department. If the Department | ||||||
| 7 | subsequently determined
that all or any part of the credit | ||||||
| 8 | taken was not actually due to the
taxpayer, the taxpayer's 2.1% | ||||||
| 9 | and 1.75% vendor's discount shall be reduced
by 2.1% or 1.75% | ||||||
| 10 | of the difference between the credit taken and that
actually | ||||||
| 11 | due, and that taxpayer shall be liable for penalties and | ||||||
| 12 | interest
on such difference. | ||||||
| 13 | If a retailer of motor fuel is entitled to a credit under | ||||||
| 14 | Section 2d of
this Act which exceeds the taxpayer's liability | ||||||
| 15 | to the Department under
this Act for the month which the | ||||||
| 16 | taxpayer is filing a return, the
Department shall issue the | ||||||
| 17 | taxpayer a credit memorandum for the excess. | ||||||
| 18 | Beginning January 1, 1990, each month the Department shall | ||||||
| 19 | pay into
the Local Government Tax Fund, a special fund in the | ||||||
| 20 | State treasury which
is hereby created, the net revenue | ||||||
| 21 | realized for the preceding month from
the 1% tax on sales of | ||||||
| 22 | food for human consumption which is to be consumed
off the | ||||||
| 23 | premises where it is sold (other than alcoholic beverages, soft
| ||||||
| 24 | drinks and food which has been prepared for immediate | ||||||
| 25 | consumption) and
prescription and nonprescription medicines, | ||||||
| 26 | drugs, medical appliances and
insulin, urine testing | ||||||
| |||||||
| |||||||
| 1 | materials, syringes and needles used by diabetics. | ||||||
| 2 | Beginning January 1, 1990, each month the Department shall | ||||||
| 3 | pay into
the County and Mass Transit District Fund, a special | ||||||
| 4 | fund in the State
treasury which is hereby created, 4% of the | ||||||
| 5 | net revenue realized
for the preceding month from the 6.25% | ||||||
| 6 | general rate. | ||||||
| 7 | Beginning August 1, 2000, each
month the Department shall | ||||||
| 8 | pay into the
County and Mass Transit District Fund 20% of the | ||||||
| 9 | net revenue realized for the
preceding month from the 1.25% | ||||||
| 10 | rate on the selling price of motor fuel and
gasohol. Beginning | ||||||
| 11 | September 1, 2010, each month the Department shall pay into the | ||||||
| 12 | County and Mass Transit District Fund 20% of the net revenue | ||||||
| 13 | realized for the preceding month from the 1.25% rate on the | ||||||
| 14 | selling price of sales tax holiday items. | ||||||
| 15 | Beginning January 1, 1990, each month the Department shall | ||||||
| 16 | pay into
the Local Government Tax Fund 16% of the net revenue | ||||||
| 17 | realized for the
preceding month from the 6.25% general rate on | ||||||
| 18 | the selling price of
tangible personal property. | ||||||
| 19 | Beginning August 1, 2000, each
month the Department shall | ||||||
| 20 | pay into the
Local Government Tax Fund 80% of the net revenue | ||||||
| 21 | realized for the preceding
month from the 1.25% rate on the | ||||||
| 22 | selling price of motor fuel and gasohol. Beginning September 1, | ||||||
| 23 | 2010, each month the Department shall pay into the Local | ||||||
| 24 | Government Tax Fund 80% of the net revenue realized for the | ||||||
| 25 | preceding month from the 1.25% rate on the selling price of | ||||||
| 26 | sales tax holiday items. | ||||||
| |||||||
| |||||||
| 1 | Beginning October 1, 2009, each month the Department shall | ||||||
| 2 | pay into the Capital Projects Fund an amount that is equal to | ||||||
| 3 | an amount estimated by the Department to represent 80% of the | ||||||
| 4 | net revenue realized for the preceding month from the sale of | ||||||
| 5 | candy, grooming and hygiene products, and soft drinks that had | ||||||
| 6 | been taxed at a rate of 1% prior to September 1, 2009 but that | ||||||
| 7 | are now taxed at 6.25%. | ||||||
| 8 | Beginning July 1, 2011, each
month the Department shall pay | ||||||
| 9 | into the Clean Air Act (CAA) Permit Fund 80% of the net revenue | ||||||
| 10 | realized for the
preceding month from the 6.25% general rate on | ||||||
| 11 | the selling price of sorbents used in Illinois in the process | ||||||
| 12 | of sorbent injection as used to comply with the Environmental | ||||||
| 13 | Protection Act or the federal Clean Air Act, but the total | ||||||
| 14 | payment into the Clean Air Act (CAA) Permit Fund under this Act | ||||||
| 15 | and the Use Tax Act shall not exceed $2,000,000 in any fiscal | ||||||
| 16 | year. | ||||||
| 17 | Beginning July 1, 2013, each month the Department shall pay | ||||||
| 18 | into the Underground Storage Tank Fund from the proceeds | ||||||
| 19 | collected under this Act, the Use Tax Act, the Service Use Tax | ||||||
| 20 | Act, and the Service Occupation Tax Act an amount equal to the | ||||||
| 21 | average monthly deficit in the Underground Storage Tank Fund | ||||||
| 22 | during the prior year, as certified annually by the Illinois | ||||||
| 23 | Environmental Protection Agency, but the total payment into the | ||||||
| 24 | Underground Storage Tank Fund under this Act, the Use Tax Act, | ||||||
| 25 | the Service Use Tax Act, and the Service Occupation Tax Act | ||||||
| 26 | shall not exceed $18,000,000 in any State fiscal year. As used | ||||||
| |||||||
| |||||||
| 1 | in this paragraph, the "average monthly deficit" shall be equal | ||||||
| 2 | to the difference between the average monthly claims for | ||||||
| 3 | payment by the fund and the average monthly revenues deposited | ||||||
| 4 | into the fund, excluding payments made pursuant to this | ||||||
| 5 | paragraph. | ||||||
| 6 | Beginning January 1, 2016, the Department shall pay into | ||||||
| 7 | the At-Risk Youth Assistance Fund 100% of the net revenue | ||||||
| 8 | realized for the preceding month from the 3.75% surcharge on | ||||||
| 9 | the selling price of firearms and firearm component parts. | ||||||
| 10 | Of the remainder of the moneys received by the Department | ||||||
| 11 | pursuant
to this Act, (a) 1.75% thereof shall be paid into the | ||||||
| 12 | Build Illinois
Fund and (b) prior to July 1, 1989, 2.2% and on | ||||||
| 13 | and after July 1, 1989,
3.8% thereof shall be paid into the | ||||||
| 14 | Build Illinois Fund; provided, however,
that if in any fiscal | ||||||
| 15 | year the sum of (1) the aggregate of 2.2% or 3.8%, as
the case | ||||||
| 16 | may be, of the moneys received by the Department and required | ||||||
| 17 | to
be paid into the Build Illinois Fund pursuant to this Act, | ||||||
| 18 | Section 9 of the
Use Tax Act, Section 9 of the Service Use Tax | ||||||
| 19 | Act, and Section 9 of the
Service Occupation Tax Act, such Acts | ||||||
| 20 | being hereinafter called the "Tax
Acts" and such aggregate of | ||||||
| 21 | 2.2% or 3.8%, as the case may be, of moneys
being hereinafter | ||||||
| 22 | called the "Tax Act Amount", and (2) the amount
transferred to | ||||||
| 23 | the Build Illinois Fund from the State and Local Sales Tax
| ||||||
| 24 | Reform Fund shall be less than the Annual Specified Amount (as | ||||||
| 25 | hereinafter
defined), an amount equal to the difference shall | ||||||
| 26 | be immediately paid into
the Build Illinois Fund from other | ||||||
| ||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||
| 1 | moneys received by the Department
pursuant to the Tax Acts; the | |||||||||||||||||||||||||||||||||||||
| 2 | "Annual Specified Amount" means the amounts
specified below for | |||||||||||||||||||||||||||||||||||||
| 3 | fiscal years 1986 through 1993: | |||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||
| 13 | and means the Certified Annual Debt Service Requirement (as | |||||||||||||||||||||||||||||||||||||
| 14 | defined in
Section 13 of the Build Illinois Bond Act) or the | |||||||||||||||||||||||||||||||||||||
| 15 | Tax Act Amount, whichever
is greater, for fiscal year 1994 and | |||||||||||||||||||||||||||||||||||||
| 16 | each fiscal year thereafter; and
further provided, that if on | |||||||||||||||||||||||||||||||||||||
| 17 | the last business day of any month the sum of
(1) the Tax Act | |||||||||||||||||||||||||||||||||||||
| 18 | Amount required to be deposited into the Build Illinois
Bond | |||||||||||||||||||||||||||||||||||||
| 19 | Account in the Build Illinois Fund during such month and (2) | |||||||||||||||||||||||||||||||||||||
| 20 | the
amount transferred to the Build Illinois Fund from the | |||||||||||||||||||||||||||||||||||||
| 21 | State and Local
Sales Tax Reform Fund shall have been less than | |||||||||||||||||||||||||||||||||||||
| 22 | 1/12 of the Annual
Specified Amount, an amount equal to the | |||||||||||||||||||||||||||||||||||||
| 23 | difference shall be immediately
paid into the Build Illinois | |||||||||||||||||||||||||||||||||||||
| 24 | Fund from other moneys received by the
Department pursuant to | |||||||||||||||||||||||||||||||||||||
| 25 | the Tax Acts; and, further provided, that in no
event shall the | |||||||||||||||||||||||||||||||||||||
| 26 | payments required under the preceding proviso result in
| |||||||||||||||||||||||||||||||||||||
| |||||||
| |||||||
| 1 | aggregate payments into the Build Illinois Fund pursuant to | ||||||
| 2 | this clause (b)
for any fiscal year in excess of the greater of | ||||||
| 3 | (i) the Tax Act Amount or
(ii) the Annual Specified Amount for | ||||||
| 4 | such fiscal year. The amounts payable
into the Build Illinois | ||||||
| 5 | Fund under clause (b) of the first sentence in this
paragraph | ||||||
| 6 | shall be payable only until such time as the aggregate amount | ||||||
| 7 | on
deposit under each trust indenture securing Bonds issued and | ||||||
| 8 | outstanding
pursuant to the Build Illinois Bond Act is | ||||||
| 9 | sufficient, taking into account
any future investment income, | ||||||
| 10 | to fully provide, in accordance with such
indenture, for the | ||||||
| 11 | defeasance of or the payment of the principal of,
premium, if | ||||||
| 12 | any, and interest on the Bonds secured by such indenture and on
| ||||||
| 13 | any Bonds expected to be issued thereafter and all fees and | ||||||
| 14 | costs payable
with respect thereto, all as certified by the | ||||||
| 15 | Director of the Bureau of the
Budget (now Governor's Office of | ||||||
| 16 | Management and Budget). If on the last
business day of any | ||||||
| 17 | month in which Bonds are
outstanding pursuant to the Build | ||||||
| 18 | Illinois Bond Act, the aggregate of
moneys deposited in the | ||||||
| 19 | Build Illinois Bond Account in the Build Illinois
Fund in such | ||||||
| 20 | month shall be less than the amount required to be transferred
| ||||||
| 21 | in such month from the Build Illinois Bond Account to the Build | ||||||
| 22 | Illinois
Bond Retirement and Interest Fund pursuant to Section | ||||||
| 23 | 13 of the Build
Illinois Bond Act, an amount equal to such | ||||||
| 24 | deficiency shall be immediately
paid from other moneys received | ||||||
| 25 | by the Department pursuant to the Tax Acts
to the Build | ||||||
| 26 | Illinois Fund; provided, however, that any amounts paid to the
| ||||||
| ||||||||||||||||||||||
| ||||||||||||||||||||||
| 1 | Build Illinois Fund in any fiscal year pursuant to this | |||||||||||||||||||||
| 2 | sentence shall be
deemed to constitute payments pursuant to | |||||||||||||||||||||
| 3 | clause (b) of the first sentence
of this paragraph and shall | |||||||||||||||||||||
| 4 | reduce the amount otherwise payable for such
fiscal year | |||||||||||||||||||||
| 5 | pursuant to that clause (b). The moneys received by the
| |||||||||||||||||||||
| 6 | Department pursuant to this Act and required to be deposited | |||||||||||||||||||||
| 7 | into the Build
Illinois Fund are subject to the pledge, claim | |||||||||||||||||||||
| 8 | and charge set forth in
Section 12 of the Build Illinois Bond | |||||||||||||||||||||
| 9 | Act. | |||||||||||||||||||||
| 10 | Subject to payment of amounts into the Build Illinois Fund | |||||||||||||||||||||
| 11 | as provided in
the preceding paragraph or in any amendment | |||||||||||||||||||||
| 12 | thereto hereafter enacted, the
following specified monthly | |||||||||||||||||||||
| 13 | installment of the amount requested in the
certificate of the | |||||||||||||||||||||
| 14 | Chairman of the Metropolitan Pier and Exposition
Authority | |||||||||||||||||||||
| 15 | provided under Section 8.25f of the State Finance Act, but not | |||||||||||||||||||||
| 16 | in
excess of sums designated as "Total Deposit", shall be | |||||||||||||||||||||
| 17 | deposited in the
aggregate from collections under Section 9 of | |||||||||||||||||||||
| 18 | the Use Tax Act, Section 9 of
the Service Use Tax Act, Section | |||||||||||||||||||||
| 19 | 9 of the Service Occupation Tax Act, and
Section 3 of the | |||||||||||||||||||||
| 20 | Retailers' Occupation Tax Act into the McCormick Place
| |||||||||||||||||||||
| 21 | Expansion Project Fund in the specified fiscal years. | |||||||||||||||||||||
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| 20 | Beginning July 20, 1993 and in each month of each fiscal | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 21 | year thereafter,
one-eighth of the amount requested in the | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 22 | certificate of the Chairman of
the Metropolitan Pier and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 23 | Exposition Authority for that fiscal year, less
the amount | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 24 | deposited into the McCormick Place Expansion Project Fund by | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 25 | the
State Treasurer in the respective month under subsection | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 26 | (g) of Section 13
of the Metropolitan Pier and Exposition | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||
| |||||||
| 1 | Authority Act, plus cumulative
deficiencies in the deposits | ||||||
| 2 | required under this Section for previous
months and years, | ||||||
| 3 | shall be deposited into the McCormick Place Expansion
Project | ||||||
| 4 | Fund, until the full amount requested for the fiscal year, but | ||||||
| 5 | not
in excess of the amount specified above as "Total Deposit", | ||||||
| 6 | has been deposited. | ||||||
| 7 | Subject to payment of amounts into the Build Illinois Fund | ||||||
| 8 | and the
McCormick Place Expansion Project Fund pursuant to the | ||||||
| 9 | preceding paragraphs
or in any amendments
thereto hereafter | ||||||
| 10 | enacted, beginning July 1, 1993 and ending on September 30, | ||||||
| 11 | 2013, the Department shall each
month pay into the Illinois Tax | ||||||
| 12 | Increment Fund 0.27% of 80% of the net revenue
realized for the | ||||||
| 13 | preceding month from the 6.25% general rate on the selling
| ||||||
| 14 | price of tangible personal property. | ||||||
| 15 | Subject to payment of amounts into the Build Illinois Fund | ||||||
| 16 | and the
McCormick Place Expansion Project Fund pursuant to the | ||||||
| 17 | preceding paragraphs or in any
amendments thereto hereafter | ||||||
| 18 | enacted, beginning with the receipt of the first
report of | ||||||
| 19 | taxes paid by an eligible business and continuing for a 25-year
| ||||||
| 20 | period, the Department shall each month pay into the Energy | ||||||
| 21 | Infrastructure
Fund 80% of the net revenue realized from the | ||||||
| 22 | 6.25% general rate on the
selling price of Illinois-mined coal | ||||||
| 23 | that was sold to an eligible business.
For purposes of this | ||||||
| 24 | paragraph, the term "eligible business" means a new
electric | ||||||
| 25 | generating facility certified pursuant to Section 605-332 of | ||||||
| 26 | the
Department of Commerce and Economic Opportunity
Law of the | ||||||
| |||||||
| |||||||
| 1 | Civil Administrative Code of Illinois. | ||||||
| 2 | Subject to payment of amounts into the Build Illinois Fund, | ||||||
| 3 | the McCormick Place Expansion Project Fund, the Illinois Tax | ||||||
| 4 | Increment Fund, and the Energy Infrastructure Fund pursuant to | ||||||
| 5 | the preceding paragraphs or in any amendments to this Section | ||||||
| 6 | hereafter enacted, beginning on the first day of the first | ||||||
| 7 | calendar month to occur on or after the effective date of this | ||||||
| 8 | amendatory Act of the 98th General Assembly, each month, from | ||||||
| 9 | the collections made under Section 9 of the Use Tax Act, | ||||||
| 10 | Section 9 of the Service Use Tax Act, Section 9 of the Service | ||||||
| 11 | Occupation Tax Act, and Section 3 of the Retailers' Occupation | ||||||
| 12 | Tax Act, the Department shall pay into the Tax Compliance and | ||||||
| 13 | Administration Fund, to be used, subject to appropriation, to | ||||||
| 14 | fund additional auditors and compliance personnel at the | ||||||
| 15 | Department of Revenue, an amount equal to 1/12 of 5% of 80% of | ||||||
| 16 | the cash receipts collected during the preceding fiscal year by | ||||||
| 17 | the Audit Bureau of the Department under the Use Tax Act, the | ||||||
| 18 | Service Use Tax Act, the Service Occupation Tax Act, the | ||||||
| 19 | Retailers' Occupation Tax Act, and associated local occupation | ||||||
| 20 | and use taxes administered by the Department. | ||||||
| 21 | Of the remainder of the moneys received by the Department | ||||||
| 22 | pursuant to
this Act, 75% thereof shall be paid into the State | ||||||
| 23 | Treasury and 25% shall
be reserved in a special account and | ||||||
| 24 | used only for the transfer to the
Common School Fund as part of | ||||||
| 25 | the monthly transfer from the General Revenue
Fund in | ||||||
| 26 | accordance with Section 8a of the State Finance Act. | ||||||
| |||||||
| |||||||
| 1 | The Department may, upon separate written notice to a | ||||||
| 2 | taxpayer,
require the taxpayer to prepare and file with the | ||||||
| 3 | Department on a form
prescribed by the Department within not | ||||||
| 4 | less than 60 days after receipt
of the notice an annual | ||||||
| 5 | information return for the tax year specified in
the notice. | ||||||
| 6 | Such annual return to the Department shall include a
statement | ||||||
| 7 | of gross receipts as shown by the retailer's last Federal | ||||||
| 8 | income
tax return. If the total receipts of the business as | ||||||
| 9 | reported in the
Federal income tax return do not agree with the | ||||||
| 10 | gross receipts reported to
the Department of Revenue for the | ||||||
| 11 | same period, the retailer shall attach
to his annual return a | ||||||
| 12 | schedule showing a reconciliation of the 2
amounts and the | ||||||
| 13 | reasons for the difference. The retailer's annual
return to the | ||||||
| 14 | Department shall also disclose the cost of goods sold by
the | ||||||
| 15 | retailer during the year covered by such return, opening and | ||||||
| 16 | closing
inventories of such goods for such year, costs of goods | ||||||
| 17 | used from stock
or taken from stock and given away by the | ||||||
| 18 | retailer during such year,
payroll information of the | ||||||
| 19 | retailer's business during such year and any
additional | ||||||
| 20 | reasonable information which the Department deems would be
| ||||||
| 21 | helpful in determining the accuracy of the monthly, quarterly | ||||||
| 22 | or annual
returns filed by such retailer as provided for in | ||||||
| 23 | this Section. | ||||||
| 24 | If the annual information return required by this Section | ||||||
| 25 | is not
filed when and as required, the taxpayer shall be liable | ||||||
| 26 | as follows: | ||||||
| |||||||
| |||||||
| 1 | (i) Until January 1, 1994, the taxpayer shall be liable
| ||||||
| 2 | for a penalty equal to 1/6 of 1% of the tax due from such | ||||||
| 3 | taxpayer under
this Act during the period to be covered by | ||||||
| 4 | the annual return for each
month or fraction of a month | ||||||
| 5 | until such return is filed as required, the
penalty to be | ||||||
| 6 | assessed and collected in the same manner as any other
| ||||||
| 7 | penalty provided for in this Act. | ||||||
| 8 | (ii) On and after January 1, 1994, the taxpayer shall | ||||||
| 9 | be
liable for a penalty as described in Section 3-4 of the | ||||||
| 10 | Uniform Penalty and
Interest Act. | ||||||
| 11 | The chief executive officer, proprietor, owner or highest | ||||||
| 12 | ranking
manager shall sign the annual return to certify the | ||||||
| 13 | accuracy of the
information contained therein. Any person who | ||||||
| 14 | willfully signs the
annual return containing false or | ||||||
| 15 | inaccurate information shall be guilty
of perjury and punished | ||||||
| 16 | accordingly. The annual return form prescribed
by the | ||||||
| 17 | Department shall include a warning that the person signing the
| ||||||
| 18 | return may be liable for perjury. | ||||||
| 19 | The provisions of this Section concerning the filing of an | ||||||
| 20 | annual
information return do not apply to a retailer who is not | ||||||
| 21 | required to
file an income tax return with the United States | ||||||
| 22 | Government. | ||||||
| 23 | As soon as possible after the first day of each month, upon | ||||||
| 24 | certification
of the Department of Revenue, the Comptroller | ||||||
| 25 | shall order transferred and
the Treasurer shall transfer from | ||||||
| 26 | the General Revenue Fund to the Motor
Fuel Tax Fund an amount | ||||||
| |||||||
| |||||||
| 1 | equal to 1.7% of 80% of the net revenue realized
under this Act | ||||||
| 2 | for the second preceding
month.
Beginning April 1, 2000, this | ||||||
| 3 | transfer is no longer required
and shall not be made. | ||||||
| 4 | Net revenue realized for a month shall be the revenue | ||||||
| 5 | collected by the
State pursuant to this Act, less the amount | ||||||
| 6 | paid out during that month as
refunds to taxpayers for | ||||||
| 7 | overpayment of liability. | ||||||
| 8 | For greater simplicity of administration, manufacturers, | ||||||
| 9 | importers
and wholesalers whose products are sold at retail in | ||||||
| 10 | Illinois by
numerous retailers, and who wish to do so, may | ||||||
| 11 | assume the responsibility
for accounting and paying to the | ||||||
| 12 | Department all tax accruing under this
Act with respect to such | ||||||
| 13 | sales, if the retailers who are affected do not
make written | ||||||
| 14 | objection to the Department to this arrangement. | ||||||
| 15 | Any person who promotes, organizes, provides retail | ||||||
| 16 | selling space for
concessionaires or other types of sellers at | ||||||
| 17 | the Illinois State Fair, DuQuoin
State Fair, county fairs, | ||||||
| 18 | local fairs, art shows, flea markets and similar
exhibitions or | ||||||
| 19 | events, including any transient merchant as defined by Section | ||||||
| 20 | 2
of the Transient Merchant Act of 1987, is required to file a | ||||||
| 21 | report with the
Department providing the name of the merchant's | ||||||
| 22 | business, the name of the
person or persons engaged in | ||||||
| 23 | merchant's business, the permanent address and
Illinois | ||||||
| 24 | Retailers Occupation Tax Registration Number of the merchant, | ||||||
| 25 | the
dates and location of the event and other reasonable | ||||||
| 26 | information that the
Department may require. The report must be | ||||||
| |||||||
| |||||||
| 1 | filed not later than the 20th day
of the month next following | ||||||
| 2 | the month during which the event with retail sales
was held. | ||||||
| 3 | Any person who fails to file a report required by this Section
| ||||||
| 4 | commits a business offense and is subject to a fine not to | ||||||
| 5 | exceed $250. | ||||||
| 6 | Any person engaged in the business of selling tangible | ||||||
| 7 | personal
property at retail as a concessionaire or other type | ||||||
| 8 | of seller at the
Illinois State Fair, county fairs, art shows, | ||||||
| 9 | flea markets and similar
exhibitions or events, or any | ||||||
| 10 | transient merchants, as defined by Section 2
of the Transient | ||||||
| 11 | Merchant Act of 1987, may be required to make a daily report
of | ||||||
| 12 | the amount of such sales to the Department and to make a daily | ||||||
| 13 | payment of
the full amount of tax due. The Department shall | ||||||
| 14 | impose this
requirement when it finds that there is a | ||||||
| 15 | significant risk of loss of
revenue to the State at such an | ||||||
| 16 | exhibition or event. Such a finding
shall be based on evidence | ||||||
| 17 | that a substantial number of concessionaires
or other sellers | ||||||
| 18 | who are not residents of Illinois will be engaging in
the | ||||||
| 19 | business of selling tangible personal property at retail at the
| ||||||
| 20 | exhibition or event, or other evidence of a significant risk of | ||||||
| 21 | loss of revenue
to the State. The Department shall notify | ||||||
| 22 | concessionaires and other sellers
affected by the imposition of | ||||||
| 23 | this requirement. In the absence of
notification by the | ||||||
| 24 | Department, the concessionaires and other sellers
shall file | ||||||
| 25 | their returns as otherwise required in this Section. | ||||||
| 26 | (Source: P.A. 97-95, eff. 7-12-11; 97-333, eff. 8-12-11; 98-24, | ||||||
| |||||||
| |||||||
| 1 | eff. 6-19-13; 98-109, eff. 7-25-13; 98-496, eff. 1-1-14; | ||||||
| 2 | 98-756, eff. 7-16-14; 98-1098, eff. 8-26-14.)
| ||||||
| 3 | Section 99. Effective date. This Act takes effect upon | ||||||
| 4 | becoming law.
| ||||||