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<xml>
<title>Illinois General Assembly - Bill Status for HB 1121   </title>
<shortdesc>USE/OCC TAX-MFG&amp;ASSEMB EXEMPT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Linda Chapa LaVia-Lou Lang and Elizabeth Hernandez</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</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. Extends the exemption for purchases of production related tangible personal property through June 30, 2017 (now, through June 30, 2008). Provides that the credit is awarded through a credit memorandum. Requires the Department of Revenue to report annually concerning the exemption. Imposes conditions on rulemaking. Amends the Retailers' Occupation Tax Act. Eliminates language concerning credits for production related tangible personal property. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/11/2009</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Linda Chapa LaVia</action>
<statusdate>2/11/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/11/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/18/2009</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/20/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Lou Lang</action>
<statusdate>3/13/2009</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/19/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Elizabeth Hernandez</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

