Illinois General Assembly - Full Text of SB1486
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Full Text of SB1486  93rd General Assembly

SB1486 93rd General Assembly


093_SB1486

 
                                     LRB093 04809 SJM 04865 b

 1        AN ACT concerning taxes.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The  Use  Tax  Act  is  amended  by  changing
 5    Section 3-65 as follows:

 6        (35 ILCS 105/3-65) (from Ch. 120, par. 439.3-65)
 7        Sec.  3-65.   R.O.T.  nontaxability.   If  the  seller of
 8    tangible personal property for use would not be taxable under
 9    the Retailers' Occupation Tax Act despite all elements of the
10    sale occurring in Illinois, then the tax imposed by this  Act
11    does  not  apply to the use of the tangible personal property
12    in Illinois this State.
13    (Source: P.A. 91-51, eff. 6-30-99.)