Bill Sponsors: IL SB3725 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, beginning on July 1, 2024, certain food, drugs, and medical appliances that were taxed at the rate of 1% shall be exempt from the taxes under those Acts. Provides that certain amounts shall be transferred from the General Revenue Fund to certain local tax funds. Effective immediately.
Spectrum: Partisan Bill (Republican 19-0)
Status: (Introduced) 2024-03-22 - Added as Co-Sponsor Sen. Craig Wilcox [SB3725 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 19-0)
Status: (Introduced) 2024-03-22 - Added as Co-Sponsor Sen. Craig Wilcox [SB3725 Detail]
Text: Latest bill text (Introduced) [HTML]