Illinois General Assembly - Bill Status for HB5702
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 Bill Status of HB5702  102nd General Assembly


Short Description:  USE/OCC TX-OIL EXPLORATION

House Sponsors
Rep. John Bradley and David B. Reis

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 105/3-5
35 ILCS 110/3-5
35 ILCS 115/3-5
35 ILCS 120/2-5


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 an exemption for oil field exploration, drilling, and production equipment for the period beginning on July 1, 2016 and ending on June 30, 2021. Effective immediately.

Actions 
DateChamber Action
  2/10/2016HouseFiled with the Clerk by Rep. John Bradley
  2/10/2016HouseFirst Reading
  2/10/2016HouseReferred to Rules Committee
  2/11/2016HouseAdded Co-Sponsor Rep. David B. Reis
  1/10/2017HouseSession Sine Die

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