HB1322 - 104th General Assembly

MANUFACTURING-ENERGY-EXEMPTION
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Dan Ugaste
Statutes Amended In Order of Appearance
35 ILCS 615/1from Ch. 120, par. 467.16
Synopsis As Introduced
Amends the Gas Use Tax Law. Exempts certain business enterprises from taxation under the Act. Amends the Gas Revenue Tax Act. Provides that the definition of "gross receipts" does not include consideration received from certain business enterprises. Amends the Electricity Excise Tax Law. Provides that the tax under the Act is not imposed with respect to any use by the purchaser in the process of manufacturing or assembling tangible personal property for wholesale or for retail sale or lease. Effective immediately.
Actions
Date Chamber Action
1/14/2025 House Filed with the Clerk by Rep. Dan Ugaste
1/28/2025 House First Reading
1/28/2025 House Referred to Rules Committee
2/11/2025 House Assigned to Revenue & Finance Committee
2/25/2025 House To Tax Policy: Sales Tax Subcommittee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee