HB 3907

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

Use/Occ Tx-Trade In

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.

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Oct 17, 2019

House

First Reading

House

Referred to Rules Committee

Oct 04, 2019

House

Filed with the Clerk by Rep. Allen Skillicorn

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