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IL HR0028

Resolution

Status

Introduced

1/10/2019

Primary Sponsor

David McSweeney

Click for details

Origin

House of Representatives

101st General Assembly

AI Summary

  • Illinois House of Representatives opposes any additional taxes on advertising or advertising-related services during the state's fiscal crisis.

  • No other state currently applies a sales tax specifically to advertising, and Florida's previous advertising tax resulted in a 12% decrease in ad purchases and $100 million in lost revenue before repeal within 6 months.

  • The advertising industry in Illinois generates 17.3% of the state's economic activity and produces over 900,000 jobs.

  • Imposing an advertising tax would cripple business owners' ability to market goods and services, drive revenue and jobs to neighboring states, and contradict pro-business and pro-growth economic policies.

  • The House asserts that Illinois' fiscal challenges must be addressed through alternative means rather than imposing new taxes on businesses.

Legislative Description

OPPOSE NEW ADVERTISING TAXES

Last Action

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

7/2/2019

Committee Referrals

Rules7/2/2019
Sales, Amusement & Other Taxes2/28/2019
Revenue & Finance2/13/2019
Rules1/29/2019

Full Bill Text

No bill text available