HB0865 Summary

• Increases the maximum tax rate under the Non-Home Rule Municipal Retailers' Occupation Tax Act, Non-Home Rule Municipal Service Occupation Tax Act, and Non-Home Rule Municipal Use Tax Act from 1% to 2%, with taxes imposed only in 1/4% increments.

• Establishes that the rate of tax imposed for municipal operations may not exceed 1%; if a municipality imposes tax above 1%, only 1/rate of the combined proceeds from these three acts can be used for municipal operations.

• Expands the definition of "public infrastructure" to include the acquisition, repair, and maintenance of public safety equipment, defined as firefighting, police, rescue, transportation, or communications equipment including vehicles, surveillance equipment, and body cameras.

• Makes these changes effective immediately upon becoming law.