Bill Texts: IL SB0058 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that, beginning on January 1, 2022, the term "selling price" no longer includes the value of traded-in motor vehicles. Amends the Illinois Vehicle Code. Defines "utility trailer". Provides for a flat weight trailer tax of $36 for utility trailers. Decreases the flat weight tax for Class TA trailers from $118 to $36. Increases the certificate of title fee for vehicles other than all-terrain vehicles, off-highway motorcycles, motor homes, mini motor homes, and van campers from $150 to $155 and provides that the additional fee amount shall be deposited into the Road Fund. In a Section concerning the use tax on motor vehicles, makes changes concerning the amount of the tax. Effective January 1, 2022.

Spectrum: Bipartisan Bill

Status: (Passed) 2021-08-13 - Public Act . . . . . . . . . 102-0353 [SB0058 Detail]

Bill Drafts

RevisionDateFormatSourceView
Chaptered2021-08-16HTML/TextLinkView
Enrolled2021-06-03HTML/TextLinkView
Engrossed2021-03-10HTML/TextLinkView
Introduced2021-01-29HTML/TextLinkView

Amendments

AmendmentDateDispositionFormatSourceView
House Amendment 0022021-05-30ProposedHTML/TextLinkView
House Amendment 0012021-05-29ProposedHTML/TextLinkView

Supplemental Documents

TitleDescriptionDateFormatSourceView
No supplemental documents for Illinois SB0058 currently on file.

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