Today the Revenue and Finance Committee of the Illinois General Assembly will hold a hearing regarding House Bill 5440. The proposed legislation would establish a 5 percent tax based on gross revenue for satellite broadcast providers.
Americans for Tax Reform has drafted a letter urging members of the committee and Illinois General Assembly to vote against this tax increase. Not only does the legislation levy a new tax on Illinois residents, but also unfairly affects rural satellite customers who often lack the choice of being able to switch to a cable service provider.
The full letter can be read here.