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IL SB1869

Bill

Status

Failed

1/7/2025

Primary Sponsor

Patrick Joyce

Click for details

Origin

Senate

103rd General Assembly

AI Summary

  • Creates new definition of "mid-range ethanol blend" as gasoline blended with at least 20% but less than 51% denatured ethanol, applicable to Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and Retailers' Occupation Tax Act.

  • Establishes tax treatment for mid-range ethanol blends at 80% of sales proceeds from July 1, 2023 through December 31, 2030, and 100% of proceeds thereafter.

  • Modifies "gasohol" definition to reference maximum ethanol percentages authorized by EPA under Clean Air Act Section 211, replacing previous fixed 10% ethanol requirement.

  • Changes "majority blended ethanol fuel" definition to specify 51-83% ethanol by volume per ASTM Standard DS798-11 for flexible fuel vehicles.

  • Extends tax exemption for majority blended ethanol fuel through December 31, 2030 (previously expired December 31, 2023).

Legislative Description

USE/OCC TX-ETHANOL

Last Action

Session Sine Die

1/7/2025

Committee Referrals

Assignments3/10/2023
Revenue2/21/2023
Assignments2/9/2023

Full Bill Text

No bill text available