Statutes, codes, and regulations
Illinois Compiled Statutes
GOVERNMENTChapter 35 - REVENUESubchapter - USE AND OCCUPATION TAXES
Act 158 - WATERCRAFT USE TAX LAW
Section 35 ILCS 158/15-40 - Payments to State and Local Sales Tax Reform Fund and General Revenue Fund

35 ILCS 158/15-40

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Current through Public Act 103-593
Section 35 ILCS 158/15-40 - Payments to State and Local Sales Tax Reform Fund and General Revenue Fund

The Department shall each month, upon collecting any taxes as provided in this Law, pay 20% of the money collected into the State and Local Sales Tax Reform Fund, a special fund in the State treasury, and 80% into the General Revenue Fund.

35 ILCS 158/15-40

Added by P.A. 093-0840, § 15-40, eff. 7/30/2004.