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IL HB3702

Bill

Official Source

Status

Introduced

2/15/2019

Primary Sponsor

Fred Crespo

Click for details

Origin

House of Representatives

101st General Assembly

AI Summary

  • Amends the Illinois Promotion Act to require transfers from the General Revenue Fund to the Tourism Promotion Fund to occur by the 15th of each month, beginning July 1, 2018.

  • Maintains existing transfer requirements for 21% of net Hotel Operators' Occupation Tax revenue when deposits fall below that threshold.

  • Transfers must be made upon certification by the Department of Revenue and direction from the State Comptroller.

  • Effective immediately upon becoming law.

Legislative Description

TOURISM PROMOTION-TRANSFERS

Last Action

Rule 19(a) / Re-referred to Rules Committee

3/29/2019

Committee Referrals

Rules3/29/2019
Sales, Amusement & Other Taxes3/14/2019
Revenue & Finance3/5/2019
Rules2/15/2019

Full Bill Text

No bill text available