IL SB3127 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-03-15 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-03-15 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments 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. Reinstates the exemption for the use or sale of tangible personal property purchased from an Illinois retailer by a taxpayer engaged in centralized purchasing activities in Illinois. Provides that the exemption sunsets on June 30, 2029 (currently, June 30, 2016). Effective immediately.
Title
USE/OCC TX-MULTISTATE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-15 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2024-02-21 | Senate | Added as Co-Sponsor Sen. Neil Anderson |
| 2024-02-14 | Senate | Assigned to Revenue |
| 2024-02-02 | Senate | Referred to Assignments |
| 2024-02-02 | Senate | First Reading |
| 2024-02-02 | Senate | Filed with Secretary by Sen. Win Stoller |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 105 | 3-55 | Amended Code | Citation Text |
| 35 | 110 | 3-45 | Amended Code | Citation Text |
| 35 | 115 | 3-5 | Amended Code | Citation Text |
| 35 | 120 | 2-5 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3127&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB3127.htm |
