IL HB2629 | 2015-2016 | 99th General Assembly
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on February 19 2015 - 25% progression, died in committee
Action: 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 19 2015 - 25% progression, died in committee
Action: 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the Manufacturer's Purchase Credit may only be used to satisfy the Use Tax or Service Use Tax liability incurred on production related tangible personal property purchased on or after September 1, 2004 and prior to August 31, 2015. Provides that the manufacturing and assembling machinery and equipment exemption includes production related tangible personal property. Effective July 1, 2015.
Title
USE/OCC TAX-MPC
Sponsors
History
Date | Chamber | Action |
---|---|---|
2015-03-27 | House | Rule 19(a) / Re-referred to Rules Committee |
2015-03-26 | House | Added Co-Sponsor Rep. David R. Leitch |
2015-03-06 | House | To Sales and Other Taxes Subcommittee |
2015-03-04 | House | Added Chief Co-Sponsor Rep. Michael D. Unes |
2015-03-02 | House | Assigned to Revenue & Finance Committee |
2015-02-19 | House | Referred to Rules Committee |
2015-02-19 | House | First Reading |
2015-02-19 | House | Filed with the Clerk by Rep. Jehan Gordon-Booth |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 105 | 3-5 | Amended Code | Citation Text |
35 | 105 | 3-50 | Amended Code | Citation Text |
35 | 105 | 3-85 | Amended Code | Citation Text |
35 | 110 | 2 | Amended Code | Citation Text |
35 | 110 | 3-70 | Amended Code | Citation Text |
35 | 115 | 2 | Amended Code | Citation Text |
35 | 115 | 9 | Amended Code | Citation Text |
35 | 120 | 2-45 | Amended Code | Citation Text |
35 | 120 | 2-5 | Amended Code | Citation Text |
35 | 120 | 3 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2629&GAID=13&DocTypeID=HB&SessionID=88&GA=99 |
Text | https://www.ilga.gov/legislation/99/HB/09900HB2629.htm |