SB 2036

Comment:

IFRA Position: Monitor

Short Description:  TOBACCO PRODUCTS-RATE

Senate Sponsors

Sen. Jil Tracy

Synopsis As Introduced

     Amends the Tobacco Products Tax Act of 1995. Provides that, beginning January 1, 2024, the tax per cigar sold or otherwise disposed of shall not exceed $0.50 per cigar, excluding little cigars. Provides that distributors are allowed a discount in the amount of 2% of the distributor's tax liability but not more than $2,000 per return.

Last Action  

Date

Chamber

 Action

  2/21/2023

Senate

Assigned to Executive

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Illinois Fuel & Retail Association

112 W. Cook Street
Springfield, Illinois  62704
Telephone: (217) 544-4609
Fax: (217) 789-0222

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“Neighbors Serving Neighbors.” It’s more than our slogan at IFRA, it’s at the core of every decision we make. IFRA was formed in order to foster a cooperative spirit between petroleum marketers and convenience store operators doing business in Illinois. It’s our guiding principal to eliminate practices and customs that are contrary to a capitalist economy and a competitive business environment in Illinois.

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