Bill Status of HB5207  101st General Assembly

Short Description:  USE/OCC TX-CENTRAL PURCHASING

House Sponsors
Rep. Keith R. Wheeler

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 105/3-55from Ch. 120, par. 439.3-55
35 ILCS 110/3-45from Ch. 120, par. 439.33-45
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. Provides that the exemption for the use or sale of tangible personal property purchased from an Illinois retailer by a taxpayer engaged in centralized purchasing activities in Illinois who will temporarily store the property in Illinois (i) for the purpose of subsequently transporting it outside this State for use or consumption solely outside this State or (ii) for the purpose of being processed, fabricated, or manufactured into, attached to, or incorporated into other tangible personal property to be transported outside this State and used or consumed solely outside this State sunsets on June 30, 2022 (currently, June 30, 2016). Effective immediately.

Actions 
DateChamber Action
  2/14/2020HouseFiled with the Clerk by Rep. Keith R. Wheeler
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  1/13/2021HouseSession Sine Die