SB3065 Summary

• Extends the coal and aggregate mining equipment tax exemption from July 1, 2023 to July 1, 2028 in the Use Tax Act, Service Use Tax Act, and Service Occupation Tax Act.

• Extends the aircraft maintenance materials and equipment exemption through December 31, 2024 in the Use Tax Act, Service Use Tax Act, and Service Occupation Tax Act, clarifying continuous applicability from January 1, 2010.

• Amends the Retailers' Occupation Tax Act to extend the coal and aggregate mining equipment exemption to July 1, 2028 and corrects technical language in data center exemption provisions.

• Makes conforming changes across multiple tax acts to harmonize exemption provisions related to manufacturing equipment, graphic arts machinery, and data center property.

• Makes technical corrections to data center property definitions, changing "in to" to "into" in the Retailers' Occupation Tax Act.