<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1418   </title>
<shortdesc>USE &amp; OCC TX-SCHOOL HOLIDAY</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Tim Bivins-Kyle McCarter, Kirk W. Dillard and Bill Brady</sponsors>
</sponsor>
<lastaction>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 105/3b new</reference><aliasreference></aliasreference><reference>35 ILCS 120/2-75 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that no tax is imposed under the Acts upon the privilege of using in this State (for the Use Tax Act) or persons engaged in the business of selling at retail (for the Retailers' Occupation Tax Act) qualified merchandise that is purchased from 12:01 a.m. on the first Friday in August through midnight of the following Sunday. Defines "qualified merchandise" as school supplies and any article of clothing or footwear or a computer that is sold at or below certain selling prices. Sets forth criteria for transactions to qualify for the exemption. Effective immediately.
</SynopsisText></synopsis>
<actions>
<statusdate>2/11/2009</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Tim Bivins</action>
<statusdate>2/11/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/11/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/18/2009</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>2/27/2009</statusdate><chamber>Senate</chamber><action>To Revenue Subcommittee on Special Issues</action>
<statusdate>2/27/2009</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Kyle McCarter</action>
<statusdate>3/12/2009</statusdate><chamber>Senate</chamber><action>To Revenue Subcommittee on Special Issues</action>
<statusdate>3/16/2009</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 3, 2009</action>
<statusdate>3/25/2009</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Kirk W. Dillard</action>
<statusdate>4/2/2009</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Bill Brady</action>
<statusdate>4/3/2009</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

