Short title
Short title. This Act may be cited as the Taxation Disclosure Act. (Source: P.A. 97-353, eff. 1-1-12.)
Illinois · statute · 20 ILCS 2530 · 5 active provisions
Short title. This Act may be cited as the Taxation Disclosure Act. (Source: P.A. 97-353, eff. 1-1-12.)
Legislative purpose. The intent of the General Assembly is to make citizen access to State and local tax rates as open, transparent, and publicly accessible as is feasible. Increasing the ease of public access to State and local tax rates significantly contributes to governmental accountability, public participation, a…
Definitions. As used in this Act, "Department" means the Department of Revenue. (Source: P.A. 97-353, eff. 1-1-12.)
Tax rate database. (a) The Department shall make tax rate information publicly available on its Internet website. The tax rate information shall include rate information on income, property, use and occupation, and excise taxes. (b) Tax rate information for use and occupation taxes administered by the Department shall…
Effective date. This Act takes effect January 1, 2012. (Source: P.A. 97-353, eff. 1-1-12.)