IL stamp payment bonds.
Flat 3%. Enter your amount.
A licensed Illinois cigarette distributor can buy tax stamps on a 30-day deferred-payment basis — but the Department of Revenue requires a stamp payment bond standing behind those stamps until the tax is settled. We issue it at a flat 3% with no credit check; enter the amount the Department set and the premium updates.
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Apply to filed in one sitting.
No underwriting queue for the standard stamp bond at typical amounts — enter your amount, pay, and file. Here is the whole thing:
Apply online
Your business details, the bond amount the Department set, and the effective date — that is the entire application.
Issued on the spot
No credit check and no waiting at typical amounts — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with the Department of Revenue
Submit the executed bond to enable deferred stamp purchases on your distributor account. Wet-ink originals mailed whenever the state insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter 80% of your average monthly tax liability (up to $500,000) and the premium updates.
What it is and who needs it.
What the stamp payment bond actually covers
Illinois collects cigarette tax through tax stamps that a licensed distributor affixes to each pack. Under the Cigarette Tax Act (35 ILCS 130), a distributor can buy stamps on a 30-day deferred-payment basis rather than paying cash up front — purchasing stamps with a draft payable within 30 days.
Deferring payment means the state is owed tax on stamps already in the distributor's hands, so the Act requires a stamp payment bond. This bond is in addition to the basic distributor financial-responsibility bond, and it is sized to 80% of the distributor's average monthly tax liability for the preceding calendar year, capped at $500,000.
The bond guarantees the deferred tax gets paid. If the distributor fails to settle, the Department can recover against the bond, and if the surety pays, the distributor repays the surety. The Department releases the bond after the distributor stops doing business, files a final return, and clears its liability.
You need this bond if you are
Five minutes, issued on the spot.
Submit the application with the bond amount the Department set — the executed bond is generated instantly at typical amounts, ready to file.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Illinois cigarette stamp payment bond? +
How is this different from the basic distributor bond? +
Is there a credit check? +
Can I use a CD or letter of credit instead? +
When is the bond released? +
Other New York bonds.
Stamp payment bond, issued today.
Five-minute application, flat 3%, $275 minimum. Enter the amount the Department set and file the same day.