35 ILCS 105/3-5 from Ch. 120, par. 439.3-5
35 ILCS 120/2-5 from Ch. 120, par. 441-5
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.
FEB-05-2002 H FILED WITH CLERK
FEB-05-2002 H FIRST READING
FEB-05-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES
FEB-06-2002 H ASSIGNED TO COMMITTEE REVENUE
FEB-22-2002 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL
JAN-07-2003 H SESSION SINE DIE
END OF INQUIRY
Full Text Bill Summary