Reduces rate of tax on motor fuel and gasohol to 1.25% (currently, 6.25%).
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reduces the rate of tax on motor fuel and gasohol to 1.25% (currently, 6.25%). Makes changes concerning the distribution of the proceeds from those taxes. Amends the State Finance Act to make conforming changes.
02/15/2023 Introduced. Referred to House Committee on Rules.
02/28/2023 Assigned to House Committee on Revenue & Finance.
03/09/2023 Referred to subcommittee on Sales, Amusement and Other Taxes.
03/10/2023 Re-referred to House Committee on Rules Committee.
03/31/2023 Missed crossover deadline.