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IL HB0570

Bill

Status

Introduced

2/3/2021

Primary Sponsor

Jonathan Carroll

Click for details

Origin

House of Representatives

102nd General Assembly

AI Summary

  • Caps the tax on cigars and other rolled tobacco products at $0.50 per cigar or roll, effective January 1, 2022.

  • Allows tobacco distributors a discount equal to 2% of their tax liability to reimburse administrative expenses, with a maximum discount of $2,000 per monthly return.

  • Amends the Tobacco Products Tax Act of 1995 by modifying Sections 10-10 and 10-30.

Legislative Description

TOBACCO PRODUCTS-RATE

Last Action

Added Chief Co-Sponsor Rep. Michael Kelly

3/1/2022

Committee Referrals

Rules2/18/2022
Sales, Amusement & Other Taxes2/3/2022
Revenue & Finance1/25/2022
Rules3/27/2021
Sales, Amusement & Other Taxes3/11/2021
Revenue & Finance3/2/2021
Rules2/8/2021

Full Bill Text

No bill text available