IL HB4944

Amends Section 1a of the Use Tax Act (35 ILCS 105/1a) to make a technical correction to language regarding motor vehicle leasing and rental businesses.

Clarifies that a person engaged in leasing or renting motor vehicles who sells a used motor vehicle to a purchaser for personal use (not resale) is considered a retailer subject to use tax on the vehicle's sale value.

Defines "motor vehicle" by reference to Section 1-157 of The Illinois Vehicle Code.

Specifies that the provision does not affect the lessor's liability under the Use Tax Act for use of motor vehicles in their leasing business.