Amends the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Makes changes concerning the exemption for materials, parts, equipment, components, and furnishings incorporated into or upon an aircraft. Amends the Liquor Control Act of 1934. Provides that the tax imposed on manufacturers or importing distributors of alcoholic liquor containing not less than 0.5% alcohol by volume nor more than 10% alcohol by volume, other than cider, wine, or beer, is imposed at the rate of $0.231 per gallon. Amends the Motor Fuel Tax Law. Sets forth the method for calculating the percentage change in the Consumer Price Index for the purpose of the annual adjustment in the tax rate. Effective immediately.
Senate Committee Amendment No. 1: Removes provisions from the introduced bill amending the Liquor Control Act of 1934.
Statutes affected: Introduced: 35 ILCS 110/3, 35 ILCS 115/3, 35 ILCS 120/2, 35 ILCS 505/2, 235 ILCS 5/8
Engrossed: 35 ILCS 110/3, 35 ILCS 115/3, 35 ILCS 120/2, 35 ILCS 505/2
Enrolled: 35 ILCS 110/3, 35 ILCS 115/3, 35 ILCS 120/2, 35 ILCS 505/2
Public Act: 35 ILCS 110/3, 35 ILCS 115/3, 35 ILCS 120/2, 35 ILCS 505/2