Illinois General Assembly - Bill Status for SB2307
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 Bill Status of SB2307  94th General Assembly


Short Description:  USE & OCC TAXES-MANUFACTURING

Senate Sponsors
Sen. Terry Link and Dan Cronin

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 105/3-50from Ch. 120, par. 439.3-50
35 ILCS 120/2-45from Ch. 120, par. 441-45


Synopsis As Introduced
Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that the manufacturing and assembling machinery and equipment exemption also includes production related tangible personal property. Defines "production related tangible personal property" as all tangible personal property used or consumed by the purchaser in a manufacturing facility in which a manufacturing process takes place, including tangible personal property purchased for incorporation into real estate within a manufacturing facility and including, but not limited to, tangible personal property used or consumed in activities such as research and development, preproduction material handling, receiving, quality control, inventory control, storage, staging, and packaging for shipping and transportation purposes. Provides that "production related tangible personal property" does not include (i) tangible personal property used, within or without a manufacturing facility, in sales, purchasing, accounting, fiscal management, marketing, personnel recruitment or selection, or landscaping or (ii) tangible personal property required to be titled or registered with a department, agency, or unit of federal, state, or local government. Effective immediately.

Actions 
DateChamber Action
  1/12/2006SenateFiled with Secretary by Sen. Terry Link
  1/12/2006SenateFirst Reading
  1/12/2006SenateReferred to Rules
  1/19/2006SenateAdded as Co-Sponsor Sen. Dan Cronin
  1/9/2007SenateSession Sine Die

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