IL SB0774 | 2015-2016 | 99th General Assembly
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on February 4 2015 - 25% progression, died in committee
Action: 2016-01-12 - Added as Co-Sponsor Sen. Chuck Weaver
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 4 2015 - 25% progression, died in committee
Action: 2016-01-12 - Added as Co-Sponsor Sen. Chuck Weaver
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. 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 |
|---|---|---|
| 2016-01-12 | Senate | Added as Co-Sponsor Sen. Chuck Weaver |
| 2015-10-10 | Senate | Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
| 2015-09-09 | Senate | Added as Chief Co-Sponsor Sen. Julie A. Morrison |
| 2015-05-15 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015 |
| 2015-04-24 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2015 |
| 2015-03-27 | Senate | Rule 2-10 Committee Deadline Established As April 24, 2015 |
| 2015-03-05 | Senate | To Subcommittee on Tax Credits |
| 2015-02-11 | Senate | Assigned to Revenue |
| 2015-02-04 | Senate | Referred to Assignments |
| 2015-02-04 | Senate | First Reading |
| 2015-02-04 | Senate | Filed with Secretary by Sen. Andy Manar |
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=774&GAID=13&DocTypeID=SB&SessionID=88&GA=99 |
| Text | https://www.ilga.gov/legislation/99/SB/09900SB0774.htm |
