92nd General Assembly
Summary of HB4902
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House Sponsors:

Short description: 
USE & OCC TAX EXEMPTN-SUSPEND                                              

Synopsis of Bill as introduced:
        Amends the Use Tax Act and the  Retailers'  Occupation  Tax  Act.      
   Provides that the exemption for manufacturing and assembling machinery      
   and  equipment  used  primarily  in  the  process  of manufacturing or      
   assembling tangible personal property for wholesale or retail sale  or      
   lease does not apply beginning on January 1, 2003 and through December      
   31, 2007. Effective immediately.                                            
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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