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, beginning July 1, 2009, the tax with respect to textbooks required for use at State universities and public community colleges or certain other institutions of higher learning is imposed under these Acts at the rate of 1.25% (eliminating the State's portion of the tax). Authorizes the Department of Revenue to adopt rules. Amends the State Finance Act to adjust the distribution with respect to this tax. Effective immediately.
Spectrum: Partisan Bill (Republican 6-0)
Status: (Introduced - Dead) 2009-04-02 - Added as Co-Sponsor Sen. Bill Brady
[SB2018 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
Introduced | Not Avail | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
No bill amendments currently on file for Illinois SB2018 |
Supplemental Documents
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No supplemental documents for Illinois SB2018 currently on file. |
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