<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5001   </title>
<shortdesc>USE/OCC TX-MANUFACTURERS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Robert F. Flider-Arthur L. Turner</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 105/3-50</reference><aliasreference>from Ch. 120, par. 439.3-50</aliasreference><reference>35 ILCS 120/2-45</reference><aliasreference>from Ch. 120, par. 441-45</aliasreference><SynopsisText>     Amends the Use Tax Act and the Retailers' Occupation Tax Act. Extends the manufacturing and assembly exemption from 2008 to 2013. Provides that, for purchases made on or after July 1, 2008, and on or before June 30, 2013, the maximum aggregate amount of the exemptions for production related tangible personal property awarded under the Acts to all taxpayers may not exceed $29,000,000. Makes a technical change. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/13/2008</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Robert F. Flider</action>
<statusdate>2/13/2008</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/13/2008</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/25/2008</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>2/27/2008</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Arthur L. Turner</action>
<statusdate>3/14/2008</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

