Illinois HB 6359 alters the bond required in connection with a certificate of registration to sell tangible property in the State. Current law mandates a
surety bond or other security conditioned on the payment of all taxes due to the State, a county or a municipality. The new law allows the Department of Revenue (Department) to have discretion in requiring the bond and will set the parameters for considering whether the bond should be required. The Department must consider whether the registrant has defaulted on the money due or if the certificate of registration has been revoked in the past five years. This bill was in response to a State Auditor’s report that showed that bond requirement had not been enforced. The new law became effective upon enactment. ENACTED: 07/28/2010