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35 ILCS 820/2

Known as the Stock, Commodity, or Options Transaction Tax Exemption Act

The act spans §§ 35-820-0-01 to 35-820-3 (4 sections).

P.A. 82-1035.

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.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.