IL HB5144

Amends the Hotel Operators' Occupation Tax Act to require re-renters of hotel rooms meeting specific thresholds to collect and remit the 5% and 1% hotel occupation taxes, effective January 1, 2025.

Re-renters must register as hotel operators and remit taxes if they cumulatively receive $100,000 or more in gross Illinois rental receipts or complete 200 or more separate rental transactions within a 12-month period.

Hotel operators who rent rooms to re-renters cannot claim resale exemptions and remain liable for tax; re-renters can claim a credit for taxes paid to the original hotel operator.

Requires re-renters to determine quarterly whether they meet tax thresholds and must maintain separate books and records distinguishing taxable from non-taxable transactions.

Updates reporting requirements to include a line item for tax credit reimbursements paid by re-renters to hotel operators.