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IL HB2544
Bill
Status
Failed
1/7/2025
Primary Sponsor
Joyce Mason
Click for details
AI Summary
HB2544 Summary
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Reduces the sales tax rate on gun safes and locks designed to secure firearms from 6.25% to 1%, effective January 1, 2024.
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Applies this reduced rate across four tax acts: the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and Retailers' Occupation Tax Act.
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Becomes effective immediately upon passage, with the 1% tax rate taking effect on January 1, 2024.
Legislative Description
USE/OCC TAX-GUN SAFES
Last Action
Session Sine Die
1/7/2025
Committee Referrals
Rules3/10/2023
Sales, Amusement & Other Taxes3/9/2023
Revenue & Finance2/28/2023
Rules2/15/2023
Full Bill Text
No bill text available