Payments to State and Local Sales Tax Reform Fund and General Revenue Fund

35 ILCS 158/15-40
in effect
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(35 ILCS 158/15-40) Sec. 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. (Source: P.A. 93-840, eff. 7-30-04.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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