IL HB5844 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 14 2024 - 25% progression
Action: 2024-05-14 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on May 14 2024 - 25% progression
Action: 2024-05-14 - 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. Provides that, on and after January 1, 2025, the vendor discount under those Acts is 2.5%, not to exceed $500 per month in the aggregate. Amends the Prepaid Wireless 9-1-1 Surcharge Act. Provides that the vendor discount under the Act may not exceed $500 per month. Effective January 1, 2025.
Title
USE/OCC TX-VENDOR DISCOUNT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-14 | House | Referred to Rules Committee |
| 2024-05-14 | House | First Reading |
| 2024-05-14 | House | Filed with the Clerk by Rep. Will Guzzardi |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 105 | 9 | Amended Code | Citation Text |
| 35 | 110 | 9 | Amended Code | Citation Text |
| 35 | 115 | 9 | Amended Code | Citation Text |
| 35 | 120 | 3 | Amended Code | Citation Text |
| 50 | 753 | 20 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5844&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/HB/10300HB5844.htm |
