HB 1923

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Use/Occ Tax-Vehicle 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). Amends the Illinois Vehicle Code. In a Section concerning the use tax on motor vehicles, makes changes concerning the amount of the tax. Provides that the tax on motorcycles, motor driven cycles, and mopeds shall be the same as for all other motor vehicles. Effective immediately.

Bill Sponsors (2)

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Actions


Jan 10, 2023

House

Session Sine Die

Mar 27, 2021

House

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

Mar 18, 2021

House

To Sales, Amusement, & Other Taxes Subcommittee

Mar 09, 2021

House

Assigned to Revenue & Finance Committee

Feb 18, 2021

House

Added Chief Co-Sponsor Rep. Jonathan Carroll

Feb 17, 2021

House

Referred to Rules Committee

House

First Reading

Feb 16, 2021

House

Filed with the Clerk by Rep. Ryan Spain

Bill Text

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Sources

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