IL SB1249 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
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, beginning on January 1, 2024, the exemption for farm machinery and equipment also includes electrical power generation equipment used primarily for production agriculture. Effective immediately.
Title
USE/OCC TAX-POWER GENERATION
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-01-07 | Senate | Session Sine Die |
2023-03-10 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2023-02-14 | Senate | Assigned to Revenue |
2023-02-03 | Senate | Referred to Assignments |
2023-02-03 | Senate | First Reading |
2023-02-03 | Senate | Filed with Secretary by Sen. Doris Turner |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 105 | 3-5 | Amended Code | Citation Text |
35 | 110 | 3-5 | 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=1249&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
Text | https://www.ilga.gov/legislation/103/SB/10300SB1249.htm |