HB 4296

  • Illinois House Bill
  • 93rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Cigarettes & Tobacco-Bad Debts


Amends the Cigarette Tax Act, the Cigarette Use Tax Act, and the Tobacco Products Tax Act of 1995. Provides that, beginning on January 1, 2005, a distributor may deduct the amount of bad debts from the tax imposed under these Acts. Provides that "bad debt" means the taxes attributable to any portion of a debt owed to the distributor that is related to a sale of cigarettes or tobacco products subject to tax under these Acts, that is not otherwise deductible or excludable, that has become worthless or uncollectible, and that meets other criteria. Effective immediately.

Bill Sponsors (1)


No votes to display


Jan 11, 2005


Session Sine Die

Feb 02, 2004


First Reading


Referred to Rules Committee

Jan 30, 2004


Filed with the Clerk by Rep. William B. Black

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
No related documents.


Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.