102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB3338
 
Introduced 2/22/2021, by Rep. Jeff Keicher
 
SYNOPSIS AS INTRODUCED:
 

 
New Act

      Creates the Buy Illinois Use and Occupation Tax Exemption Act. Provides that the Department of Revenue shall study and report to the General Assembly on the impact of State use and occupation taxes on Illinois enterprise. Provides that the study shall include a discussion of: (i) the potential constitutional validity of any statutory law to offer sales tax preferences, with respect to retail transactions made to an Illinois buyer, with respect to goods made in Illinois; and (ii) the advantages and disadvantages of enacting Buy Illinois use and occupation tax preferences. Repeals the Act Jauary 1, 2024.
  


LRB102 14993 HLH 20348 b

FISCAL NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
HB3338LRB102 14993 HLH 20348 b


  
1    AN ACT concerning revenue.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 1. Short title. This Act may be cited as the Buy 
5Illinois Use and Occupation Tax Exemption Act.
 
6    Section 5. Legislative intent.  It is the purpose of this 
7Act to encourage the manufacture and purchase of goods made in 
8Illinois.


 
9    Section 10. Department of Revenue study.  The Department of 
10Revenue shall study and report to the General Assembly on the  
11the impact of State use and occupation taxes on Illinois 
12enterprise.   The study shall include a discussion of: (i) the 
13potential constitutional validity of any statutory law to 
14offer sales tax preferences, with respect to retail 
15transactions made to an Illinois buyer, with respect to goods 
16made in Illinois; and (ii) the advantages and disadvantages of 
17enacting Buy Illinois use and occupation tax preferences.
18    The report shall be presented to the General Assembly by 
19December 31, 2022.
 
20    Section 15. Repeal.  This Act is repealed on January 1, 
212024.