IL HB5766 | 2019-2020 | 101st General Assembly
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on May 5 2020 - 25% progression, died in committee
Action: 2020-05-18 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on May 5 2020 - 25% progression, died in committee
Action: 2020-05-18 - Referred to Rules Committee
Pending: House Rules 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. Reduces the rate of tax under those Acts for a 3-month period to 4.69% (currently 6.25%). Provides that, during that period, with respect to food, medicines, drugs, medical appliances, and other devices that are ordinarily subject to a 1% rate of tax, the tax is imposed at the rate of 0.75%. Effective immediately.
Title
USE/OCC TX-REDUCE RATE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-05-18 | House | Referred to Rules Committee |
| 2020-05-18 | House | First Reading |
| 2020-05-05 | House | Filed with the Clerk by Rep. David McSweeney |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 105 | 3-10 | Amended Code | Citation Text |
| 35 | 110 | 3-10 | Amended Code | Citation Text |
| 35 | 115 | 3-10 | Amended Code | Citation Text |
| 35 | 120 | 2-10 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5766&GAID=15&DocTypeID=HB&SessionID=108&GA=101 |
| Text | https://www.ilga.gov/legislation/101/HB/10100HB5766.htm |
