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Department of Revenue Pushing For Legislative Proposals

The Illinois Department of Revenue is looking at two legislative measures it hopes will assist the department and taxpayers in the coming year.

 

When delivering the proposed budget for the coming fiscal year, Director Connie Beard offered two legislative measures she hopes will be approved. The first, Beard said, would allow the Department of Revenue to charge local governments a 2 percent administrative fee for 11 different local taxes they administer.

 

 

Beard also said the department hopes to create a sales and excise tax refund pool to deposit less than two-tenths of a percent of tax receipts to pay sales and excise tax overpayments.

 

 

Beard said the fund would be limited to hardship cases while other, less severe cases would be given credits for overpayments.

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