Bill Texts: IL SB1888 | 2025-2026 | 104th 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 an exemption for tangible personal property purchased from an Illinois retailer by a taxpayer engaged in centralized purchasing activities in Illinois who will, upon receipt of the property in Illinois, temporarily store the property in Illinois for specified purposes applies from January 1, 2026 through December 31, 2031. Effective immediately.

Sponsorship: Partisan Bill (Republican 2)

Status: (Introduced - Dead) 2025-06-02 - Rule 3-9(a) / Re-referred to Assignments [SB1888 Detail]

Bill Drafts

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Introduced2025-02-06HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB1888

Supplemental Documents

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No supplemental documents for Illinois SB1888 currently on file.

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