IL SB2201 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on February 10 2023 - 25% progression
Action: 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 10 2023 - 25% progression
Action: 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that the taxes also apply to leases of tangible personal property, other than computer software, property that is subject to the Rental Purchase Agreement Occupation and Use Tax Act, and certain automobiles. Amends the Counties Code, the Illinois Municipal Code, the Civic Center Code, the Flood Prevention District Act, the Local Mass Transit District Act, and the Regional Transportation Authority Act to make changes concerning the taxation of leased property. Effective immediately.
Title
USE/OCC TX-LEASES
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-03 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2024-04-05 | Senate | Rule 2-10 Committee Deadline Established As May 3, 2024 |
| 2024-03-15 | Senate | Rule 2-10 Committee Deadline Established As April 5, 2024 |
| 2024-01-10 | Senate | Re-assigned to Revenue |
| 2023-03-21 | Senate | Added as Co-Sponsor Sen. Dale Fowler |
| 2023-03-10 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2023-02-28 | Senate | Assigned to Revenue |
| 2023-02-15 | Senate | Added as Chief Co-Sponsor Sen. Linda Holmes |
| 2023-02-10 | Senate | Referred to Assignments |
| 2023-02-10 | Senate | First Reading |
| 2023-02-10 | Senate | Filed with Secretary by Sen. Donald P. DeWitte |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 105 | 2 | Amended Code | Citation Text |
| 35 | 105 | 3 | Amended Code | Citation Text |
| 35 | 120 | 1 | Amended Code | Citation Text |
| 35 | 120 | 2 | Amended Code | Citation Text |
| 35 | 120 | 2c | Amended Code | Citation Text |
| 35 | 120 | 6e | New Code | See Bill Text |
| 55 | 5 | 5-1006 | Amended Code | Citation Text |
| 55 | 5 | 5-1006.5 | Amended Code | Citation Text |
| 55 | 5 | 5-1006.7 | Amended Code | Citation Text |
| 65 | 5 | 8-11-1 | Amended Code | Citation Text |
| 65 | 5 | 8-11-1.3 | Amended Code | Citation Text |
| 65 | 5 | 8-11-6a | Amended Code | Citation Text |
| 70 | 200 | 245-12 | Amended Code | Citation Text |
| 70 | 3610 | 5.01 | Amended Code | Citation Text |
| 70 | 3615 | 4.03 | Amended Code | Citation Text |
| 70 | 750 | 25 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2201&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB2201.htm |
