Illinois General Assembly - Bill Status for SB0465

Synopsis As Introduced
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Beginning January 1, 2004, exempts from the taxes imposed by these Acts tangible personal property and its component parts purchased by a telecommunications carrier if the property and parts are used directly and primarily in transmitting, receiving, switching, or recording any interactive, two-way electromagnetic communications, including voice, image, data, and information, through the use of any medium, including, but not limited to, poles, wires, cables, switching equipment, computers, and record storage devices and media. Excepts the provisions from the sunset requirements. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions

Date	Chamber	Action
2/18/2003	Senate	Filed with Secretary by Sen. Steven J. Rauschenberger
2/18/2003	Senate	First Reading
2/18/2003	Senate	Referred to Rules
1/11/2005	Senate	Session Sine Die

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