IL SB1434 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on August 25 2017 - 100% progression
Action: 2017-08-25 - Public Act . . . . . . . . . 100-0437
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Bipartisan Bill
Status: Passed on August 25 2017 - 100% progression
Action: 2017-08-25 - Public Act . . . . . . . . . 100-0437
Text: Latest bill text (Chaptered) [HTML]
Summary
Creates the Rental Purchase Agreement Occupation and Use Tax Act. Provides that an occupation tax is imposed upon persons engaged in this State in the business of renting merchandise under a rental-purchase agreement in Illinois, at the rate of 6.25% of the gross receipts received from such business. Provides that a corresponding use tax is imposed upon the privilege of using merchandise rented under a rental-purchase agreement in Illinois at the rate of 6.25% of the gross receipts received from such business. Provides for the imposition and collection of both taxes by the Department of Revenue, and for the filing of returns and the payment of taxes imposed under this Act. Provides the Department of Revenue with rulemaking authority. Amends the Use Tax Act and the Retailers' Occupation Tax Act to make conforming changes. Effective immediately.
Title
RENTAL-PURCHASE TAX
Sponsors
Roll Calls
2017-05-31 - Senate - Concurrence in Senate (Y: 53 N: 0 NV: 6 Abs: 0) [PASS]
2017-05-30 - House - Third Reading in House (Y: 98 N: 18 NV: 1 Abs: 1) [PASS]
2017-05-04 - Senate - Third Reading in Senate (Y: 53 N: 0 NV: 6 Abs: 0) [PASS]
2017-05-30 - House - Third Reading in House (Y: 98 N: 18 NV: 1 Abs: 1) [PASS]
2017-05-04 - Senate - Third Reading in Senate (Y: 53 N: 0 NV: 6 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2017-08-25 | Senate | Public Act . . . . . . . . . 100-0437 |
| 2017-08-25 | Senate | Effective Date January 1, 2018 |
| 2017-08-25 | Senate | Governor Approved |
| 2017-06-29 | Senate | Sent to the Governor |
| 2017-05-31 | Senate | Passed Both Houses |
| 2017-05-31 | Senate | Senate Concurs |
| 2017-05-31 | Senate | House Committee Amendment No. 1 Senate Concurs 053-000-000 |
| 2017-05-31 | Senate | House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 016-000-000 |
| 2017-05-31 | Senate | House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive |
| 2017-05-30 | Senate | House Committee Amendment No. 1 Motion to Concur Referred to Assignments |
| 2017-05-30 | Senate | House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Thomas Cullerton |
| 2017-05-30 | Senate | Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 31, 2017 |
| 2017-05-30 | Senate | Secretary's Desk - Concurrence House Amendment(s) 1 |
| 2017-05-30 | House | Third Reading - Short Debate - Passed 098-018-000 |
| 2017-05-26 | House | Final Action Deadline Extended-9(b) May 31, 2017 |
| 2017-05-25 | House | Added Alternate Chief Co-Sponsor Rep. John M. Cabello |
| 2017-05-24 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2017-05-24 | House | Second Reading - Short Debate |
| 2017-05-24 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2017-05-24 | House | Do Pass as Amended / Short Debate Revenue & Finance Committee; 007-004-000 |
| 2017-05-24 | House | House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote |
| 2017-05-24 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee |
| 2017-05-23 | House | House Committee Amendment No. 1 Referred to Rules Committee |
| 2017-05-23 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Jay Hoffman |
| 2017-05-19 | House | Committee Deadline Extended-Rule 9(b) May 26, 2017 |
| 2017-05-15 | House | Assigned to Revenue & Finance Committee |
| 2017-05-09 | House | Referred to Rules Committee |
| 2017-05-09 | House | First Reading |
| 2017-05-05 | House | Chief House Sponsor Rep. Jay Hoffman |
| 2017-05-05 | House | Arrived in House |
| 2017-05-04 | Senate | Third Reading - Passed; 053-000-000 |
| 2017-05-04 | Senate | Added as Co-Sponsor Sen. Laura M. Murphy |
| 2017-05-04 | Senate | Placed on Calendar Order of 3rd Reading |
| 2017-05-04 | Senate | Senate Floor Amendment No. 2 Adopted; T. Cullerton |
| 2017-05-04 | Senate | Recalled to Second Reading |
| 2017-05-04 | Senate | Senate Floor Amendment No. 2 Recommend Do Adopt Revenue; 008-000-000 |
| 2017-05-02 | Senate | Added as Co-Sponsor Sen. Dale A. Righter |
| 2017-05-02 | Senate | Added as Co-Sponsor Sen. Wm. Sam McCann |
| 2017-04-28 | Senate | Rule 2-10 Third Reading Deadline Established As May 31, 2017 |
| 2017-04-27 | Senate | Added as Co-Sponsor Sen. William E. Brady |
| 2017-04-27 | Senate | Added as Co-Sponsor Sen. Andy Manar |
| 2017-04-27 | Senate | Added as Co-Sponsor Sen. Dale Fowler |
| 2017-04-26 | Senate | Added as Co-Sponsor Sen. Neil Anderson |
| 2017-04-25 | Senate | Senate Floor Amendment No. 2 Assignments Refers to Revenue |
| 2017-04-24 | Senate | Senate Floor Amendment No. 2 Referred to Assignments |
| 2017-04-24 | Senate | Senate Floor Amendment No. 2 Filed with Secretary by Sen. Thomas Cullerton |
| 2017-04-06 | Senate | Placed on Calendar Order of 3rd Reading April 25, 2017 |
| 2017-04-06 | Senate | Second Reading |
| 2017-03-16 | Senate | Placed on Calendar Order of 2nd Reading March 28, 2017 |
| 2017-03-16 | Senate | Do Pass as Amended Revenue; 008-000-000 |
| 2017-03-15 | Senate | Senate Committee Amendment No. 1 Adopted |
| 2017-03-15 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Revenue |
| 2017-03-09 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2017-03-09 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Thomas Cullerton |
| 2017-03-09 | Senate | Postponed - Revenue |
| 2017-03-01 | Senate | Postponed - Revenue |
| 2017-02-22 | Senate | Assigned to Revenue |
| 2017-02-09 | Senate | Referred to Assignments |
| 2017-02-09 | Senate | First Reading |
| 2017-02-09 | Senate | Filed with Secretary by Sen. Thomas Cullerton |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 105 | 3-5 | Amended Code | Citation Text |
| 35 | 120 | 2-5 | Amended Code | Citation Text |
