Bill > HB5531

This bill amends four Illinois tax laws—the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act—to modify the exemption for farm machinery and equipment. Previously, this exemption applied if the equipment was "primarily" used for production agriculture or certain government programs; this bill changes the requirement to simply being "used" for these purposes, broadening the scope of the exemption. This means that farm machinery and equipment will qualify for the tax exemption even if it is not exclusively or predominantly used for these agricultural activities, making it easier for farmers to benefit from tax relief on their equipment purchases.

https://www.ilga.gov/Legislation/BillStatus?DocNum=5531&GAID=18&DocTypeID=HB&SessionID=114&GA=104