Bill Status of HB 3890   101st General Assembly

Short Description:  USE/OCC-TRADE-IN VALUE

House Sponsors
Rep. Thomas M. Bennett-Andrew S. Chesney-Tony McCombie-Grant Wehrli-Jonathan Carroll, Brad Halbrook, Terri Bryant, Dave Severin, Patrick Windhorst and Mike Murphy

Last Action  View All Actions

DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 105/2from Ch. 120, par. 439.2
35 ILCS 120/1from Ch. 120, par. 440

Synopsis As Introduced
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). Effective immediately.

Actions 
DateChamber Action
  9/17/2019HouseFiled with the Clerk by Rep. Thomas M. Bennett
  9/23/2019HouseAdded Co-Sponsor Rep. Andrew S. Chesney
  9/30/2019HouseRemoved Co-Sponsor Rep. Andrew S. Chesney
  9/30/2019HouseAdded Chief Co-Sponsor Rep. Andrew S. Chesney
  9/30/2019HouseAdded Chief Co-Sponsor Rep. Tony McCombie
  10/1/2019HouseAdded Chief Co-Sponsor Rep. Grant Wehrli
  10/17/2019HouseFirst Reading
  10/17/2019HouseReferred to Rules Committee
  12/5/2019HouseAdded Chief Co-Sponsor Rep. Jonathan Carroll
  12/18/2019HouseAdded Co-Sponsor Rep. Brad Halbrook
  12/20/2019HouseAdded Co-Sponsor Rep. Terri Bryant
  12/20/2019HouseAdded Co-Sponsor Rep. Dave Severin
  12/20/2019HouseAdded Co-Sponsor Rep. Patrick Windhorst
  1/3/2020HouseAdded Co-Sponsor Rep. Mike Murphy
  1/13/2021HouseSession Sine Die

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