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IL HB0316

IL HB0316
USE/OCC TAX-GUN SAFES


summary

Introduced
01/27/2021
In Committee
03/27/2021
Crossed Over
Passed
Dead
04/08/2022

Introduced Session

102nd General Assembly

Bill Summary

Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, beginning on January 1, 2022, the tax on gun safes and locks designed to secure firearms is imposed at the rate of 1%. Effective immediately.

AI Summary

This bill amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act to provide that, beginning on January 1, 2022, the tax on gun safes and locks designed to secure firearms is imposed at the rate of 1%. The bill is effective immediately.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Rule 19(a) / Re-referred to Rules Committee (on 03/27/2021)

bill text


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