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IL SB2087
Bill
Status
Failed
1/13/2015
Primary Sponsor
Christine Radogno
Click for details
AI Summary
- Amends the Use Tax Act, Section 1a (35 ILCS 105/1a) with technical changes regarding motor vehicle leasing and rental.
- Clarifies that persons engaged in leasing or renting motor vehicles who sell used vehicles to purchasers for personal use are considered retailers under the Act.
- Defines "motor vehicle" by reference to Section 1-157 of The Illinois Vehicle Code.
- Specifies that the lessor's tax liability under the Act is not affected by this provision regarding the sale of leased or rented motor vehicles.
Legislative Description
REVENUE-TECH
Last Action
Session Sine Die
1/13/2015
Committee Referrals
Assignments4/16/2013
Executive3/13/2013
Assignments2/15/2013
Full Bill Text
No bill text available