HB1459 amends tax laws to exempt certain business enterprises from gas and electricity taxes in Illinois.
HB1459 amends the Gas Use Tax Law, Gas Revenue Tax Act, and Electricity Excise Tax Law in Illinois. It exempts certain business enterprises from gas and electricity taxes. Specifically, it excludes gas used by certified business enterprises from the gas tax and electricity used by certified business enterprises from the electricity tax. It also modifies the definition of "gross receipts" to exclude certain business enterprises. The bill takes effect immediately upon becoming law.
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