(35 ILCS 820/0.01) (from Ch. 121 1/2, par. 1000)
Sec. 0.01.
Short title.
This Act may be cited as the
Stock, Commodity, or Options Transaction Tax Exemption Act.
(Source: P.A. 86-1324.)
(35 ILCS 820/1) (from Ch. 121 1/2, par. 1001)
Sec. 1.
No unit of local government shall levy any tax on stock, commodity
or options transactions.
(Source: P.A. 82-1035.)
(35 ILCS 820/2) (from Ch. 121 1/2, par. 1002)
Sec. 2.
No home rule unit, as defined in Article VII of the Illinois
Constitution, shall have the power to change, alter or amend in any
way the provisions of Article I of this Act, and it is declared to be
the law of this State, pursuant to paragraph (g) of Section 6 of
Article VII of the Constitution, that home rule units shall not have
the power to levy any tax on stock commodity or options transactions.
(Source: P.A. 82-1035.)
(35 ILCS 820/3)
Sec. 3. Construction of Act. Nothing in this Act shall be construed as
prohibiting or
otherwise invalidating any real estate transfer tax or fee authorized
or permitted by
Section 31-10 of the Property Tax Code,
Sections 5-1031 and
5-1031.1 of the Counties
Code,
or
Section 8-3-19 of the Illinois Municipal Code. This Section is intended as a
clarification
and not as a change to existing law.
(Source: P.A. 93-657, eff. 6-1-04; 93-1099, eff. 6-1-05.)
Structure Illinois Compiled Statutes
35 ILCS 5/ - Illinois Income Tax Act.
35 ILCS 10/ - Economic Development for a Growing Economy Tax Credit Act.
35 ILCS 16/ - Film Production Services Tax Credit Act of 2008.
35 ILCS 17/ - Live Theater Production Tax Credit Act.
35 ILCS 20/ - Tax Shelter Voluntary Compliance Law.
35 ILCS 25/ - Small Business Job Creation Tax Credit Act.
35 ILCS 30/ - Historic Preservation Tax Credit Pilot Program Act.
35 ILCS 31/ - Historic Preservation Tax Credit Act.
35 ILCS 35/ - State Tax Preparer Oversight Act.
35 ILCS 40/ - Invest in Kids Act.
35 ILCS 45/ - Manufacturing Illinois Chips for Real Opportunity (MICRO) Act.
35 ILCS 50/ - Recovery and Mental Health Tax Credit Act.
35 ILCS 110/ - Service Use Tax Act.
35 ILCS 115/ - Service Occupation Tax Act.
35 ILCS 120/ - Retailers' Occupation Tax Act.
35 ILCS 128/ - Cigarette Machine Operators' Occupation Tax Act.
35 ILCS 130/ - Cigarette Tax Act.
35 ILCS 135/ - Cigarette Use Tax Act.
35 ILCS 140/ - Home Rule Cigarette Tax Restriction Act.
35 ILCS 143/ - Tobacco Products Tax Act of 1995.
35 ILCS 145/ - Hotel Operators' Occupation Tax Act.
35 ILCS 150/ - Use and Occupation Tax Refund Act.
35 ILCS 155/ - Automobile Renting Occupation and Use Tax Act.
35 ILCS 157/ - Aircraft Use Tax Law.
35 ILCS 158/ - Watercraft Use Tax Law.
35 ILCS 160/ - Direct Pay Permit Implementation Act.
35 ILCS 165/ - Governmental Tax Reform Validation Act.
35 ILCS 171/ - Simplified Sales and Use Tax Administration Act.
35 ILCS 173/ - Gas Use Tax Law.
35 ILCS 175/ - Live Adult Entertainment Facility Surcharge Act.
35 ILCS 180/ - Rental Purchase Agreement Occupation and Use Tax Act.
35 ILCS 185/ - Leveling the Playing Field for Illinois Retail Act.
35 ILCS 200/ - Property Tax Code.
35 ILCS 250/ - Longtime Owner-Occupant Property Tax Relief Act.
35 ILCS 405/ - Illinois Estate and Generation-Skipping Transfer Tax Act.
35 ILCS 450/ - Illinois Hydraulic Fracturing Tax Act.
35 ILCS 505/ - Motor Fuel Tax Law.
35 ILCS 510/ - Coin-Operated Amusement Device and Redemption Machine Tax Act.
35 ILCS 515/ - Mobile Home Local Services Tax Act.
35 ILCS 516/ - Mobile Home Local Services Tax Enforcement Act.
35 ILCS 517/ - Manufactured Home Installation Act.
35 ILCS 525/ - Parking Excise Tax Act.
35 ILCS 605/ - Illinois Central Railroad Tax Act.
35 ILCS 610/ - Messages Tax Act.
35 ILCS 615/ - Gas Revenue Tax Act.
35 ILCS 620/ - Public Utilities Revenue Act.
35 ILCS 625/ - Water Company Invested Capital Tax Act.
35 ILCS 630/ - Telecommunications Excise Tax Act.
35 ILCS 635/ - Telecommunications Infrastructure Maintenance Fee Act.
35 ILCS 636/ - Simplified Municipal Telecommunications Tax Act.
35 ILCS 638/ - Mobile Telecommunications Sourcing Conformity Act.
35 ILCS 640/ - Electricity Excise Tax Law.
35 ILCS 645/ - Electricity Infrastructure Maintenance Fee Law.
35 ILCS 705/ - Tax Collection Suit Act.
35 ILCS 717/ - Reciprocal Tax Collection Act.
35 ILCS 720/ - Local Tax Collection Act.
35 ILCS 730/ - Federal Excise Tax Refund Act.
35 ILCS 735/ - Uniform Penalty and Interest Act.
35 ILCS 745/ - Tax Delinquency Amnesty Act.
35 ILCS 750/ - State Tax Lien Registration Act.
35 ILCS 805/ - Glenview Naval Air Station Tax Exemption Act.
35 ILCS 810/ - Great Lakes Naval Station Tax Exemption Act.
35 ILCS 815/ - Postage Stamp Vending Machine Act.
35 ILCS 820/ - Stock, Commodity, or Options Transaction Tax Exemption Act.
35 ILCS 1010/ - Illinois Independent Tax Tribunal Act of 2012.