Bill Texts: IL HB5251 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the exemption for the use or sale of tangible personal property purchased from an Illinois retailer by a taxpayer engaged in centralized purchasing activities in Illinois who will temporarily store the property in Illinois (i) for the purpose of subsequently transporting it outside this State for use or consumption solely outside this State or (ii) for the purpose of being processed, fabricated, or manufactured into, attached to, or incorporated into other tangible personal property to be transported outside this State and used or consumed solely outside this State sunsets on June 30, 2023 (currently, June 30, 2016). Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2022-01-31 - Referred to Rules Committee [HB5251 Detail]

Bill Drafts

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Introduced2022-01-27HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB5251

Supplemental Documents

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No supplemental documents for Illinois HB5251 currently on file.

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