HB 3890

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Use/Occ-Trade-In Value

Abstract

Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that the term "selling price" does not include the value of or credit given for traded-in tangible personal property (currently, beginning on January 1, 2020, with respect to motor vehicles, "selling price" does include the trade-in value). Effective immediately.

Bill Sponsors (10)

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Jan 03, 2020

House

Added Co-Sponsor Rep. Mike Murphy

Dec 20, 2019

House

Added Co-Sponsor Rep. Patrick Windhorst

House

Added Co-Sponsor Rep. Dave Severin

House

Added Co-Sponsor Rep. Terri Bryant

Dec 18, 2019

House

Added Co-Sponsor Rep. Brad Halbrook

Dec 05, 2019

House

Added Chief Co-Sponsor Rep. Jonathan Carroll

Oct 17, 2019

House

Referred to Rules Committee

House

First Reading

Oct 01, 2019

House

Added Chief Co-Sponsor Rep. Grant Wehrli

Sep 30, 2019

House

Added Chief Co-Sponsor Rep. Tony McCombie

House

Added Chief Co-Sponsor Rep. Andrew S. Chesney

House

Removed Co-Sponsor Rep. Andrew S. Chesney

Sep 23, 2019

House

Added Co-Sponsor Rep. Andrew S. Chesney

Sep 17, 2019

House

Filed with the Clerk by Rep. Thomas M. Bennett

Bill Text

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Sources

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