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IL HB5890

Bill

Official Source

Status

Failed

1/8/2013

Primary Sponsor

Mike Bost

Click for details

Origin

House of Representatives

97th General Assembly

AI Summary

  • Creates the Grow Illinois Jobs Fund as a special fund in the State treasury.

  • Directs 2 cents per gallon of the wine tax (on wine other than cider containing less than 7% alcohol by volume) into the Grow Illinois Jobs Fund beginning January 1, 2013.

  • Requires equal distribution of the Fund's moneys between the Department of Agriculture and the Department of Commerce and Economic Opportunity.

  • Specifies the Fund money shall be used exclusively for developing and promoting the grape and wine industry in Illinois.

  • Takes effect immediately upon becoming law.

Legislative Description

LIQUOR TAX-GROW IL JOBS FUND

Last Action

Session Sine Die

1/8/2013

Committee Referrals

Rules3/9/2012
Revenue & Finance2/27/2012
Rules2/16/2012

Full Bill Text

No bill text available