IL SB1293 | 2015-2016 | 99th General Assembly
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 18 2015 - 25% progression, died in committee
Action: 2015-10-10 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 18 2015 - 25% progression, died in committee
Action: 2015-10-10 - Pursuant to Senate Rule 3-9(b) / 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. Provides that the graphic arts machinery and equipment exemption, and the corresponding Manufacturer's Purchase Credit for graphic arts machinery and equipment, sunsets on August 30, 2024 (instead of August 30, 2014). Provides that the exemption applies during the entire period from September 1, 2004 through August 30, 2024, including, but not limited to, the period beginning on August 31, 2014 and ending on the effective date of the amendatory Act. Effective immediately.
Title
USE/OCC TAX-GRAPHIC ARTS
Sponsors
| Sen. Bill Brady [R] | Sen. Linda Holmes [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-10-10 | Senate | Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
| 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 |
| 2015-04-16 | Senate | Added as Chief Co-Sponsor Sen. Linda Holmes |
| 2015-03-27 | Senate | Rule 2-10 Committee Deadline Established As April 24, 2015 |
| 2015-03-05 | Senate | To Subcommittee on Tax Credits |
| 2015-02-25 | Senate | Assigned to Revenue |
| 2015-02-18 | Senate | Referred to Assignments |
| 2015-02-18 | Senate | First Reading |
| 2015-02-18 | Senate | Filed with Secretary by Sen. William E. Brady |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 105 | 3-5 | Amended Code | Citation Text |
| 35 | 105 | 3-85 | Amended Code | Citation Text |
| 35 | 110 | 3-5 | Amended Code | Citation Text |
| 35 | 110 | 3-70 | 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=1293&GAID=13&DocTypeID=SB&SessionID=88&GA=99 |
| Text | https://www.ilga.gov/legislation/99/SB/09900SB1293.htm |
