HB 4840

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

Use Tax-Demonstration

Abstract

Amends the Use Tax Act and the Service Use Tax Act. Provides that the demonstration use or interim use of tangible personal property purchased for resale is exempt for a period of 18 months after the retailer or serviceman purchases the tangible personal property for resale. Provides that, if the period of demonstration use or interim use exceeds 18 months, the retailer or serviceman shall pay tax on the original cost price. Effective immediately.

Bill Sponsors (1)

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Actions


Jun 23, 2020

House

Rule 19(b) / Re-referred to Rules Committee

Mar 12, 2020

House

Assigned to Revenue & Finance Committee

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski

House

House Committee Amendment No. 1 Referred to Rules Committee

Feb 18, 2020

House

First Reading

House

Referred to Rules Committee

Feb 11, 2020

House

Filed with the Clerk by Rep. Michael J. Zalewski

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
House Amendment 001

Sources

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