92nd General Assembly
Status of HB2080
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   35 ILCS 105/3-55          from Ch. 120, par. 439.3-55                       
   35 ILCS 110/3-45          from Ch. 120, par. 439.33-45                      

        Amends the Use Tax Act and the Service  Use  Tax  Act.   Provides      
   that if tangible personal property is not used as rolling stock in any      
   anniversary  year  following  the  purchase  of  the tangible personal      
   property but is used as rolling stock in another anniversary  year  or      
   years  following  the  purchase of the tangible personal property, the      
   tangible personal property shall be eligible  for  a  partial  rolling      
   stock  exemption.   Provides  that tangible personal property shall be      
   deemed to have fully qualified for the rolling stock exemption if  the      
   tangible  personal  property  is  used  as  rolling  stock  moving  in      
   interstate  commerce for 3 anniversary years following the purchase of      
   the tangible personal property.  Effective immediately.                     
   FEB-21-2001  H  FILED WITH CLERK                                               
   FEB-21-2001  H  FIRST READING                                                  
   FEB-21-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-22-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               

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 Full Text  Bill Summary