Illinois Statutes Chapter 625. Vehicles § 5/18c-1502. Gross Receipts Taxes For Motor Carriers of Passengers and Rail Carriers

§ 18c-1502. Gross Receipts Taxes For Motor Carriers of Passengers and Rail Carriers. Each motor carrier of passengers and rail carrier shall pay to the Commission, in accordance with Sections 2-202, 3-120 and 3-121 of “The Public Utilities Act”, as amended,  1 a gross receipts tax in the amount provided herein.

The amount of the tax for motor carriers of passengers shall be prescribed by the Commission by rulemaking in accordance with provisions of The Illinois Administrative Procedure Act,  2 and shall not exceed 0.1% of the carrier's gross Illinois intrastate revenues for each calendar year.

The amount of the tax for rail carriers shall be 0.15% of the carrier's gross Illinois intrastate revenues for each calendar year.