SB2086 Summary

• Amends the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and Retailers' Occupation Tax Act to add a new exemption for firearm safety devices until January 1, 2015.

• Exempts safes, lock boxes, trigger locks, barrel locks, and other items designed to enhance home firearm safety from sales and use taxes through December 31, 2014.

• Applies the firearm safety device exemption consistently across all four Illinois tax acts to ensure uniform treatment.