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The article focuses on proposed amendments to Illinois State Plan regarding Federal Surplus Property, with topics including eligibility criteria, distribution procedures, and compliance requirements for recipients. It is discussed that the proposed amendments aim to make technical changes to federal surplus property rules administered by the Department of Central Management Services.

The article presents notice of proposed amendments issued by the Illinois Department of Revenue on income tax. Topics discussed include amendment of sections for income tax regulations to reflect changes in the Illinois Income Tax Act (IITA) provisions for exemption amounts and tax rates, guidance to small businesses on income tax rates and exemption amounts; and Compassionate Use of Medical Cannabis Pilot Program Act Surcharge.

The article presents notice of proposed amendment from the Illinois Department of Revenue regarding service use tax, as of June 2014. It lists several topics related to proposed amendment in taxation including commercial distribution fee sales tax exemption, serviceman's return and registration of servicemen. It further mentions that the department solicits comment on this proposed rulemaking in written form before 45 days after the publication of notice.

This spring, the Illinois General Assembly passed a new bill that gives big incentives to higher biodiesel blends in the state. The law extends the current B10 sales tax exemption until 2023 and then increases the biodiesel blend level that gets an exemption to B13 in 2024, B15 in 2025 and B19 in 2026. How Illinois ag become a green solution - thanks to biodiesel. [Extracted from the article]

The article offers information on a notice of proposed amendments issued by the U.S. Health Facilities and Services Review Board regarding health facilities and services review operational rules in accordance with the Illinois Health Facilities Planning Act. The proposed rulemaking focuses on requirements for exemption for the addition of dialysis stations. The Board is soliciting written comments from public before June 24, 2013.

The article offers information on the amendments adopted by the Illinois Department of Revenue related to income tax. It further informs about the general rules of allocation and apportionment of base income, compensation, and business income of persons other than residents. It also states that under the Illinois Income Tax Act, all the employees are exempted from taxation for the interest earned on a medical care savings account and also on the reimbursements for eligible medical expenses.

The article presents the rules for retailers' occupation tax adopted by the Department of Revenue in Illinois. It states that the said proposed rulemaking modifies the provisions stipulated on the retail of graphic arts machinery and equipment regulation. It notes that the amendment provides tax exemption for graphic arts equipment and the requirements to qualify for the said exclusion.

The article discusses the case between the Provena Covenant Medical Center versus the Illinois Department of Revenue where in the Illinois Supreme Court did not qualify the Provena for the charitable use property tax exemption. The author states that Provena's opinions do not resolve how the charitable use exemption applies to modern nonprofit hospitals. The author stresses that the supreme court needs to define clearly its charitable use tax exemption.

The article talks about the victory of Provena Covenant Medical Center in Illinois state court against the Illinois Department of Revenue (IDR) and its implications for the non-profit hospitals across the U.S. It is reported that the court refused to support the IDR's determination that Provena was not a charitable organization and therefore not eligible for property tax exemption. The Court gave its decision by identifying Section 15-65(a) of the Illinois Property Tax Code.

The city received $217 million of retail orders — a rarity in Illinois where local bonds don't benefit from state tax exemption — and interest from 11 ESG funds. [ABSTRACT FROM AUTHOR]

The article discusses the financial performance and credit profile of healthcare providers in the U.S by Fitch Inc., a global rating agency. It informs that denial of the property tax exemption including weaker inpatient volumes, tighter reimbursement, and delayed reimbursement from the state for not-for-profit hospitals in Illinois would pressure operating profitability of healthcare providers.

The article reports on several efforts by U.S. President Gerald Ford. He intended to retain the Portsmouth Naval Shipyard, which threatened by the Department of Defense to close. Ford promised that Brevard County, Florida would get excellent consideration as a site for a federal solar-research center. Moreover, he proposed to raise the estate top exemption for family farms in Illinois from 60,000 dollars to 150,000 dollars and advocated more government spending for agricultural animal research despite of budget cuts.

The article offers information on the tax laws in Illinois. It reports on the tax reforms that decreases the taxes charged to property-owners including the exemption of the taxpaying properties and the deductibility of the taxes paid on homes up to 100 dollars by the computed income tax. It also states that all revenues including the income tax are going to be used to fund 30 percent of the elementary school expenses of the state.

The state Supreme Court upheld a law that safeguards local property tax exemptions for the hospitals. [ABSTRACT FROM AUTHOR]

The article focuses on the inquiry of charity care practices of Nonprofit hospitals in Illinois by the U.S. Internal Revenue Service (IRS). The IRS is seeking information about free care for poor people from the hospitals. The IRS has sent 500 questionnaires to the hospitals to see if enough work is done by the hospitals to justify their federal tax exemption. The hospitals will have to increase charity care work to retain their tax exemption.

The article discusses introduction of a bill in the Illinois House of Representatives that will change property tax rules for recreational buildings. It presents information on amendment of Illinois Property Tax Code to eliminate tax exemptions. It discusses the Supreme Court's decision in the case Onwentsia Club v. Illinois Property Tax Appeal Board (PTAB) et al, in which second district appellate court reversed the PTAB decision of ruling out tax exemption.

The article offers news briefs relating to legislative matters in Illinois as of March 1, 2012. The Illinois Rights of Crime Victims and Witnesses Act was amended to require law enforcement to provide notice when re-opening closed cases. The Illinois Code of Civil Procedure was amended to require mortgagees to reject or accept short sale offers within ninety days. The Illinois Income Tax Code was amended to increase the exemption allowance for taxpayers.

The article discusses the Supreme Court case Provena Covenant Medical Center v. Department of Revenue filed in Illinois on the refusal of property tax exemption for hospitals. The Supreme Court of Illinois studied the grounds that made the medical center not allowed for a tax exemption under state law for hospitals and health care providers. It also analyzes the case that ruled that the nonprofit hospital be not entitled to the state's property tax exemption.

The article reports on the decision of the Illinois Department of Revenue to revoke the property tax exemption of the Richland Memorial Hospital in Olney and the Carle Foundation Hospital in Urbana. Kenneth Robbins, president of the Illinois Hospital Association, says that the hospitals will have a hard time in trying to meet the legitimate healthcare needs of their communities if the department continues their scheme.

Reports on the ruling by the Illinois Supreme Court exempting wireless telephone companies in the state from certain municipal 'right of way' fees. Plaintiffs; Difference of wireless telephone companies from traditional telephone companies; Total amount of taxes collected by the state from traditional telephone companies.

The article reports on the potential yield for the meaty spread retail industry for Illinois's individual investors general obligation offering. It cites on the multi-series deal can attract potential buyers and reprice the general market. The article also discusses on the state's tranche of bonds pricing three series as part of the planned fixed rate, tax-exempt GO borrowing.

The article reports on the ruling of the Illinois Department of Revenue which states that three hospitals in the state do not meet the requirements for property tax exemption given to charitable organizations. It cites the three hospitals namely Northwestern Memorial Hospital's Prentice Women's Hospital, Edward Hospital, and Decatur Memorial Hospital. It mentions that the characteristics to define a charitable institution include not having shareholders and gets its funding from public charity.

This article reveals that Illinois will not tap the securitization market again in spite of successfully placing a tobacco settlement-backed deal on November 23, 2010, according to John Sinsheimer, director of capital markets for the state. Sinsheimer explains that the state wants to avoid securitizing too much of the collateral and risk the credit quality of the existing deal. He points out that the deal received one of the highest ratings of any tobacco-backed deal. The tax exemption transaction in the deal was marketed by Citigroup.

The article focuses on the impact of the ruling by the Illinois Supreme Court in a case involving not-for-profit hospital Provena Covenant Medical Center in Urbana, Illinois on similar hospitals in the state. The court upheld a previous ruling that calls for the removal of the property-tax exempt status of the hospital. It notes that the hospital has been found to be using the turf underneath it for purposes other than charity. Melinda Hatton of the American Hospital Association (AHA) believes the ruling will not affect issues on the national scale.

The article reports on the possibility of Provena Covenant Medical Center to lose its tax exemption in Urbana, Illinois. According to the Illinois Supreme Court, the hospital may lose its tax exemption for failing to provide enough services based on the findings that its charity care was less than one percent of its revenue. The court added that its charity care of less than one percent of its revenue is not enough to justify a tax exemption.

The article reports that Attorney General Lisa Madigan of Illinois hopes to persuade a state appeals court to publish a decision in a charity-care case with ramifications for tax-exempt hospitals. The decision ruled that a community health center's 27% charity-care provision was inadequate. The hospital association was disappointed with the overturned circuit court ruling and affirmed the Illinois Department of Revenue's denial of Community Health Care's 2003 application for a property tax exemption.

The article focuses on the decision of the Illinois Department of Revenue to revoke the tax-exempt status of a nonprofit hospital in Champaign. The department found that the hospital does not provide enough free care to justify its tax-exempt status. A study by the Center for Tax and Budget Accountability found that Cook County nonprofit hospitals receive tax breaks that are worth five times as much as the value of the charity care they provide.

In this article, the author comments on the revocation of the tax-exempt status of Provena Covenant Medical Center. The author said that the decision to revoke the tax-exempt status of Provena will not only harm the hospital's mission but will also affect every not-for-profit hospital in the U.S. He encourages hospitals and officials to hold a discussion on how to define charity care and better ensure that the people who need financial assistance get it.

The article reports on the appeal of the Provena Covenant Medical Centers in Urbana to the decision of the state of Illinois to revoke the exemption of the organization from property taxes. The state said that the amount Provena spent on charity care was insufficient to restore its exemption from property taxes. The Champaign County Board of Review had removed its tax exemption, citing aggressive collection policies it said the nonprofit hospital was using with patients who could not afford to pay their bills.

The article reports on a decision by the Illinois government upholding a 2003 ruling that removed the property tax exemption of Provena Covenant Medical Center in Urbana. Brian Hamer, the state's director of revenue, said that Provena was spending less than one percent of its revenue on charity care and called that insufficient to restore its exemption. Provena President William T. Foley claims that the state's decision challenges hospitals' ability to continue serving the poor and uninsured.

Reports on the recommendation of the Champaign County Board of Review to Illinois Department of Revenue to revoke the property tax exemption of the Carle Foundation, a nonprofit health system in Illinois. Reason behind the proposal of the county tax review board; Outcome of the efforts of the board to revoke tax exemption of Provena Covenant Medical Center in the state in 2001; Potential impact of revoking a hospital's not-for-profit status on public health.

The article reports on the 600 million dollars refunding general obligation (GO) debt brought by Chicago, Illinois in the market. It says that the GO sale includes a 200 million dollars new-money, tax-exempt series, and refunding taxable series which were structured in a mix of term bonds and serial maturities. It mentions that Moody's Investors Service Inc.'s decided to revise its negative outlook on Chicago's eight billion dollar-Aa3-rated GO debt.

The article focuses on a ruling of an Illinois Supreme Court, which casts uncertainty over a backlog of more than 15 requests for major tax breaks from local hospitals. It is stated that state officials are getting prepared to decide the fate of property tax exemptions worth tens of millions of dollars for some of the biggest hospitals of Chicago. Also mentioned is that the state law doesn't define an appropriate charity level for hospitals, and the ruling didn't specify a benchmark.

Illinois' not-for-profit hospitals are facing new uncertainty over their local tax exemptions and charity care obligations after an appellate court voided a 2012 law governing their community benefit requirements. [ABSTRACT FROM AUTHOR]

The article offers information on Chicago's non-profit hospitals, that provide more free care to poor patients to avail tax exemption. However, the political leaders are not satisfied with their medical services. Reportedly, Chicago's 20 largest hospitals and health systems doled out $222.1 million in charity care last year, up 19% from 2006. Although, some prominent hospital systems didn't dig into their pockets as deeply. A chart showing the figures of charity done by hospitals, is presented.

The article discusses a court case that restored the tax-exempt status of the Provena Covenant Medical Center in Urbana, Illinois, in August 2007. The legal victory for the medical center comes as the U.S. Internal Revenue Service revises its Form 990, which tax-exempt organizations must fill out to retain their status. The ruling by a state court entitled the hospital to all its paid taxes since 2003. The office of the Illinois Attorney General is appealing.

This article presents information about a new legislation in Illinois that requires most hospitals to provide a minimum level of charity care. It also sets standards for billing and collection methods. The legislation is proposed by Illinois Attorney General Lisa Madigan. If it is approved, hospitals found in violation could lose their exemptions from certain taxes. According to Madigan, new standards are required because most of the hospitals in the state are nonprofit, tax-exempt organizations that receive substantial benefits from their tax-exempt status.

Reports on a legislation introduced by Illinois General Assembly and Governor Rod R. Blagojevich that will increase state landfill and licensing fees and removed tax exemption on landfill equipment in Illinois as of August 2003. Reason behind the enforcement of the law; Rate of increase in fees; Reaction of local business and municipal organizations to the legislation.

The article looks at the cost impact of the 588-million-dollar property tax hike proposed by Chicago Mayor Rahm Emanuel. Topics discussed include the tax hike proposal could boost total tax bills by 13 percent although Emanuel sought to expand tax exemption of homeowners to 14,000 dollars, the 18 percent tax hike could affect tax payments of various properties like the Ford Motor assembly plant, and the tax hike was linked to 10-dollar-an-hour minimum wage hike imposed by a city ordinance.