Illinois HB5175 amends the Illinois Municipal Code to limit certain tax impositions in home rule municipalities.
HB5175 amends the Illinois Municipal Code to restrict home rule municipalities from imposing taxes on the use, sale, or purchase of tangible personal property based on gross receipts or selling/purchase price. It allows taxes on specific items such as alcoholic beverages, hotel/motel room use, and aviation fuel if certain conditions are met. The bill also permits taxes on cigarettes and tobacco products if such taxes were in place before July 1, 1993. This legislation aims to limit the tax authority of home rule municipalities while allowing certain exceptions.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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