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PROPOSED INTERGOVERNMENTAL AGREEMENT
Department: Bureau of Finance/Department of Revenue
Other Part(ies): Illinois Department of Revenue, Springfield, Illinois
Request: Requesting authorization for the President or her designee to execute an amendment extending the expiration date of the current Intergovernmental Agreement (“IGA”) the Department of Revenue has entered into with the Illinois Department of Revenue (“IDOR”) to collect on behalf of the County, the County’s Use Tax on Non-Retailer Transfers of Motor Vehicles. .
Goods or Services: This amendment to extend the existing IGA will authorize IDOR to continue collecting on behalf of the County, the County’s Use Tax on Non-Retailer Transfers of Motor.
Agreement Number(s): N/A
Agreement Period: This amendment would extend the current IGA to 5/31/2016
Fiscal Impact: A 2% monthly administrative fee pre-state legislation amendment will continue to apply during the extension. This Agreement is also revenue generating.
Accounts: N/A
Summary: Under the existing IGA approved by the Board of Commissioners on 11/19/2014, IDOR agreed to collect (for the County) the County’s tax on the private transfer of motor vehicles through 1/31/2016 unless related state legislation was signed into law prior to that date. The parties would like to continue the terms of the IGA while IDOR and the County continue to pursue legislative3 change. The proposed amendment would extend the term of the IGA to 5/31/2016.
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