summary
Introduced
02/09/2024
02/09/2024
In Committee
02/09/2024
02/09/2024
Crossed Over
Passed
Dead
01/08/2025
01/08/2025
Introduced Session
103rd General Assembly
Bill Summary
Amends the Use Tax Act and the Retailers' Occupation Tax Act. Creates a sales tax holiday period for school supplies each year during the 10-day period that begins on the first Monday in August. Effective immediately.
AI Summary
This bill amends the Use Tax Act and the Retailers' Occupation Tax Act to create a sales tax holiday period for school supplies each year during the 10-day period that begins on the first Monday in August. The bill sets the sales tax rate on eligible items, including clothing and school supplies, at 1.25% during this sales tax holiday period. Effective immediately.
Sponsors (1)
Last Action
Session Sine Die (on 01/07/2025)
Bill Topics
Education
- ‐ Elementary and Secondary Education
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5447&GAID=17&DocTypeID=HB&SessionID=112&GA=103 | 02/09/2024 |
| BillText | https://www.ilga.gov/legislation/103/HB/10300HB5447.htm | 02/09/2024 |
Loading...