Comments: IL HB4494 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that, from August 5, 2018 through August 11, 2018, the tax imposed under the Acts on clothing and school supplies shall be at the rate of 1.25% (instead of 6.25%). Makes changes concerning the distribution of proceeds from those sales. Makes corresponding changes in the State Finance Act. Effective immediately.

Spectrum: Partisan Bill (Democrat 9-0)

Status: (Failed) 2019-01-08 - Session Sine Die [HB4494 Detail]

Text: Latest bill text (Introduced) [HTML]

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