Bill Title: Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that the term "selling price" does not include the value of or credit given for traded-in tangible personal property (currently, beginning on January 1, 2020, with respect to motor vehicles, "selling price" does include the trade-in value). Effective immediately.
Spectrum: Moderate Partisan Bill (Republican 9-1)
Status: (Introduced - Dead) 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee
[HB3891 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
Introduced | 2019-09-17 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
No bill amendments currently on file for Illinois HB3891 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
No supplemental documents for Illinois HB3891 currently on file. |
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