SB 3447 — IDOR-LOCAL GOVERNMENT

SB3447 EngrossedEnrolled LRB098 19712 HLH 54923 b AN ACT concerning revenue.

The proceeds from the tax shall be used by the county solely for the purpose of operating, constructing and improving public highways and waterways, and acquiring real property and right-of-ways for public highways SB3447 EngrossedEnrolled - 2 - LRB098 19712 HLH 54923 b and waterways within the county imposing the tax.

On or before the 25th day of SB3447 EngrossedEnrolled - 3 - LRB098 19712 HLH 54923 b each calendar month, the Department shall prepare and certify to the State Comptroller the disbursement of stated sums of money to named counties for which taxpayers have paid taxes or penalties hereunder to the Department during the second preceding calendar month.

A county may direct, by ordinance, that all or a portion of SB3447 EngrossedEnrolled - 4 - LRB098 19712 HLH 54923 b the taxes and penalties collected under the County Option Motor Fuel Tax shall be deposited into the Transportation Development Partnership Trust Fund.

7-1-12.) SB3447 EngrossedEnrolled - 5 - LRB098 19712 HLH 54923 b Section 10.

(b) In home rule municipalities with 2,000,000 or more inhabitants, the corporate authorities of the municipality may additionally impose a tax beginning July 1, 1991 upon the privilege of using in the municipality, any item of tangible personal property, other than tangible personal property titled or registered with an agency of the State's government, that is purchased at retail from a retailer located outside the corporate limits of the municipality, at a rate that is an SB3447 EngrossedEnrolled - 6 - LRB098 19712 HLH 54923 b increment of 1/4% not to exceed 1% and based on the selling price of the tangible personal property, as "selling price" is defined in the Use Tax Act.

The tax or proof of exemption may be transmitted to the Department by way of the State agency with which, or State officer with whom, the tangible personal property must be titled or registered if the SB3447 EngrossedEnrolled - 7 - LRB098 19712 HLH 54923 b Department and that agency or State officer determine that this procedure will expedite the processing of applications for title or registration.

Whenever the Department determines that a refund shall be made under this Section to a claimant instead of issuing a credit memorandum, the Department shall notify the State SB3447 EngrossedEnrolled - 8 - LRB098 19712 HLH 54923 b Comptroller, who shall cause the order to be drawn for the amount specified, and to the person named, in such notification from the Department.

The Department, at the time of each monthly disbursement to the municipalities, shall prepare and certify to the Comptroller the amount so retained by the State SB3447 EngrossedEnrolled - 9 - LRB098 19712 HLH 54923 b Treasurer, which shall be transferred into the Tax Compliance and Administration Fund the amount expended during the second preceding month by the Department to be paid from the appropriation to the Department from the Home Rule Municipal Retailers' Occupation Tax Trust Fund.

Beginning April 1, 1998, any ordinance imposing or discontinuing any tax to be collected and enforced by the Department under this Section shall either (i) be adopted and a certified copy thereof filed with the SB3447 EngrossedEnrolled - 10 - LRB098 19712 HLH 54923 b Department on or before April 1, whereupon the Department of Revenue shall proceed to administer and enforce this Section on behalf of the municipalities as of July 1 next following the adoption and filing;

SB3447 EngrossedEnrolled - 11 - LRB098 19712 HLH 54923 b (e) As used in this Section, "Municipal" and "Municipality" means a city, village or incorporated town, including an incorporated town which has superseded a civil township.