USE & OCC TAX-PURCHASE CREDIT House SponsorsRep. Robert F. Flider-William J. Grunloh-Lisa M. Dugan-Thomas Holbrook-Careen Gordon, John E. Bradley, Naomi D. Jakobsson, Jack D. Franks, Linda Chapa LaVia, Mike Boland, Michael K. Smith, Donald L. Moffitt, Sidney H. Mathias and Patricia Reid Lindner Senate Sponsors(Sen. Carol Ronen) 1/11/2005HouseSession Sine Die 35 ILCS 105/3-8535 ILCS 110/3-7035 ILCS 115/9from Ch. 120, par. 439.10935 ILCS 120/3from Ch. 120, par. 442 Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reinstates the manufacturer's purchase credit for a 2-year period beginning on July 1, 2004. Effective immediately.House Amendment No. 1 Replaces everything after the enacting clause. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the manufacturer's purchase credit may be used prior to October 1, 2005 (instead of 2003) for purchases of certain machinery and equipment made on and after January 1, 1995 through June 30, 2003. Effective immediately.Fiscal Note (Department of Revenue) House Bill 4234, as amended by House Amendment 1, will have a negative fiscal impact on State revenues of approximately $20-25 million in Fiscal Year 2005. Local governments are estimated to lose approximately $8-10 million.Judicial Note (Admin Office of the Illinois Courts) Based on a review of the bill, it has been determined that House Bill 4234, as amended by House Amendment 1, would neither increase nor decrease the number of judges needed on the State.State Debt Impact Note (Economic and Fiscal Commission) House Bill 4234, as amended by House Amendment 1, would not change the amount of authorization for any type of State-issued or State-supported bond, and, therefore, would not affect the level of State indebtedness.Pension Note (Economic and Fiscal Commission) House Bill 4234, as amended by House Amendment 1, would not impact any public pension fund or retirement system in Illinois.Correctional Note (Dept of Corrections) As amended by HA1, there is no corrections population or fiscal impact.Balanced Budget Note (Office of Management and Budget) Fiscal impact of $25 million loss.Housing Affordability Impact Note (Housing Development Authority) This legislation will have no effect on the cost of constructing, purchasing, owning, or selling a single-family residence. 1/28/2004HouseFiled with the Clerk by Rep. Robert F. Flider 1/30/2004HouseFirst Reading 1/30/2004HouseReferred to Rules Committee 2/10/2004HouseAssigned to Revenue Committee 2/19/2004HouseHouse Amendment No. 1 Filed with Clerk by Revenue Committee 2/19/2004HouseHouse Amendment No. 1 Adopted in Revenue Committee; by Voice Vote 2/19/2004HouseDo Pass as Amended / Short Debate Revenue Committee; 008-001-000 2/19/2004HousePlaced on Calendar 2nd Reading - Short Debate 2/24/2004HouseHouse Amendment No. 1 Fiscal Note Requested as Amended by Rep. Jay C. Hoffman 2/24/2004HouseAdded Chief Co-Sponsor Rep. William J. Grunloh 2/24/2004HouseAdded Chief Co-Sponsor Rep. Lisa M. Dugan 2/25/2004HouseAdded Chief Co-Sponsor Rep. Thomas Holbrook 2/25/2004HouseSecond Reading - Short Debate 2/25/2004HouseHeld on Calendar Order of Second Reading - Short Debate 3/2/2004HouseAdded Chief Co-Sponsor Rep. Careen Gordon 3/3/2004HouseFiscal Note Filed As Amended by HA 1 3/3/2004HouseAdded Co-Sponsor Rep. John E. Bradley 3/25/2004HouseAdded Co-Sponsor Rep. Naomi D. Jakobsson 3/30/2004HouseJudicial Note Filed As Amended by HA 1 3/30/2004HouseSecond Reading - Short Debate 3/30/2004HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/31/2004HouseState Debt Impact Note Filed As Amended by HA 1 3/31/2004HousePension Note Filed As Amended by HA 1 3/31/2004HouseAdded Co-Sponsor Rep. Jack D. Franks 3/31/2004HouseAdded Co-Sponsor Rep. Linda Chapa LaVia 3/31/2004HouseAdded Co-Sponsor Rep. Mike Boland 3/31/2004HouseAdded Co-Sponsor Rep. Michael K. Smith 3/31/2004HouseAdded Co-Sponsor Rep. Donald L. Moffitt 3/31/2004HouseAdded Co-Sponsor Rep. Sidney H. Mathias 3/31/2004HouseAdded Co-Sponsor Rep. Patricia Reid Lindner 3/31/2004HouseThird Reading - Short Debate - Passed 087-022-006 3/31/2004SenateArrive in Senate 3/31/2004SenatePlaced on Calendar Order of First Reading 3/31/2004SenateChief Senate Sponsor Sen. Carol Ronen 3/31/2004SenateFirst Reading 3/31/2004SenateReferred to Rules 4/1/2004SenateCorrectional Note Filed Correctional Budget and Impact Note as amended by House Amendment No. 1 from the Illinois Department of Corrections. 4/1/2004SenateBalanced Budget Note Filed from the Governor's Office of Management and Budget. 4/5/2004SenateHousing Affordability Impact Note Filed as amended by House Amendment No. 1 from the Illinois Housing Development Authority. 4/15/2004SenateAssigned to Revenue 4/22/2004SenateHeld in Revenue 4/30/2004SenateRule 3-9(a) / Re-referred to Rules 1/11/2005HouseSession Sine Die