Illinois General Assembly - Bill Status for HB4234

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Bill Status of HB4234 101st General Assembly

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Short Description: USE & OCC TAX-PURCHASE CREDIT

House Sponsors
Rep. 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)

Last Action

Date	Chamber	Action
1/11/2005	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 105/3-85

35 ILCS 110/3-70

35 ILCS 115/9

from Ch. 120, par. 439.109

35 ILCS 120/3

from Ch. 120, par. 442

Synopsis As Introduced
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 Committee 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.

Actions

Date	Chamber	Action
1/28/2004	House	Filed with the Clerk by Rep. Robert F. Flider
1/30/2004	House	First Reading
1/30/2004	House	Referred to Rules Committee
2/10/2004	House	Assigned to Revenue Committee
2/19/2004	House	House Committee Amendment No. 1 Filed with Clerk by Revenue Committee
2/19/2004	House	House Committee Amendment No. 1 Adopted in Revenue Committee; by Voice Vote
2/19/2004	House	Do Pass as Amended / Short Debate Revenue Committee; 008-001-000
2/19/2004	House	Placed on Calendar 2nd Reading - Short Debate
2/24/2004	House	House Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. Jay C. Hoffman
2/24/2004	House	Added Chief Co-Sponsor Rep. William J. Grunloh
2/24/2004	House	Added Chief Co-Sponsor Rep. Lisa M. Dugan
2/25/2004	House	Added Chief Co-Sponsor Rep. Thomas Holbrook
2/25/2004	House	Second Reading - Short Debate
2/25/2004	House	Held on Calendar Order of Second Reading - Short Debate
3/2/2004	House	Added Chief Co-Sponsor Rep. Careen Gordon
3/3/2004	House	Fiscal Note Filed As Amended by HA 1
3/3/2004	House	Added Co-Sponsor Rep. John E. Bradley
3/25/2004	House	Added Co-Sponsor Rep. Naomi D. Jakobsson
3/30/2004	House	Judicial Note Filed As Amended by HA 1
3/30/2004	House	Second Reading - Short Debate
3/30/2004	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/31/2004	House	State Debt Impact Note Filed As Amended by HA 1
3/31/2004	House	Pension Note Filed As Amended by HA 1
3/31/2004	House	Added Co-Sponsor Rep. Jack D. Franks
3/31/2004	House	Added Co-Sponsor Rep. Linda Chapa LaVia
3/31/2004	House	Added Co-Sponsor Rep. Mike Boland
3/31/2004	House	Added Co-Sponsor Rep. Michael K. Smith
3/31/2004	House	Added Co-Sponsor Rep. Donald L. Moffitt
3/31/2004	House	Added Co-Sponsor Rep. Sidney H. Mathias
3/31/2004	House	Added Co-Sponsor Rep. Patricia Reid Lindner
3/31/2004	House	Third Reading - Short Debate - Passed 087-022-006
3/31/2004	Senate	Arrive in Senate
3/31/2004	Senate	Placed on Calendar Order of First Reading
3/31/2004	Senate	Chief Senate Sponsor Sen. Carol Ronen
3/31/2004	Senate	First Reading
3/31/2004	Senate	Referred to Rules
4/1/2004	Senate	Correctional Note Filed Correctional Budget and Impact Note as amended by House Amendment No. 1 from the Illinois Department of Corrections.
4/1/2004	Senate	Balanced Budget Note Filed from the Governor's Office of Management and Budget.
4/5/2004	Senate	Housing Affordability Impact Note Filed as amended by House Amendment No. 1 from the Illinois Housing Development Authority.
4/15/2004	Senate	Assigned to Revenue
4/22/2004	Senate	Held in Revenue
4/30/2004	Senate	Rule 3-9(a) / Re-referred to Rules
1/11/2005	House	Session Sine Die

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