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| [ Senate Amendment 001 ] |
90_HB0526sam002
LRB9000539KDksam01
1 AMENDMENT TO HOUSE BILL 526
2 AMENDMENT NO. . Amend House Bill 526, AS AMENDED, by
3 replacing the title with the following:
4 "AN ACT in relation to taxes."; and
5 immediately before Section 10, by inserting the following:
6 "Section 6. The Use Tax Act is amended by adding Section
7 3-8 as follows:
8 (35 ILCS 105/3-8 new)
9 Sec. 3-8. Industrial gases exemption.
10 (a) Beginning with tax years ending on or after December
11 31, 1997 and ending with tax years ending on or before
12 December 31, 2001, the use of industrial gases that (1)
13 become ingredients or components of tangible personal
14 property destined for sale or (2) are consumed, destroyed, or
15 lose their identity in the manufacture of tangible personal
16 property destined for the sale, is exempt from the tax
17 imposed under this Act.
18 (b) This exemption does not apply to industrial gases
19 that are used in a nonmanufacturing activity.
20 (c) This exemption does not apply to the use of fuel or
21 electricity.
-2- LRB9000539KDksam01
1 (d) For purposes of this Section, "industrial gases"
2 include but are not limited to neon, argon, helium, hydrogen,
3 nitrogen, acetylene, carbon dioxide, and oxygen.
4 (e) For purposes of this Section, "fuel" is a material
5 used to produce heat or power by burning, or is something
6 that feeds a fire.
7 Section 7. The Service Use Tax Act is amended by adding
8 Section 3-8 as follows:
9 (35 ILCS 110/3-8 new)
10 Sec. 3-8. Industrial gases exemption.
11 (a) Beginning with tax years ending on or after December
12 31, 1997 and ending with tax years ending on or before
13 December 31, 2001, the use of industrial gases that (1)
14 become ingredients or components of tangible personal
15 property destined for sale or (2) are consumed, destroyed, or
16 lose their identity in the manufacture of tangible personal
17 property destined for the sale, is exempt from the tax
18 imposed under this Act.
19 (b) This exemption does not apply to industrial gases
20 that are used in a nonmanufacturing activity.
21 (c) This exemption does not apply to the use of fuel or
22 electricity.
23 (d) For purposes of this Section, "industrial gases"
24 include but are not limited to neon, argon, helium, hydrogen,
25 nitrogen, acetylene, carbon dioxide, and oxygen.
26 (e) For purposes of this Section, "fuel" is a material
27 used to produce heat or power by burning, or is something
28 that feeds a fire.
29 Section 8. The Service Occupation Tax Act is amended by
30 adding Section 3-8 as follows:
-3- LRB9000539KDksam01
1 (35 ILCS 115/3-8 new)
2 Sec. 3-8. Industrial gases exemption.
3 (a) Beginning with tax years ending on or after December
4 31, 1997 and ending with tax years ending on or before
5 December 31, 2001, industrial gases that (1) become
6 ingredients or components of tangible personal property
7 destined for sale or (2) are consumed, destroyed, or lose
8 their identity in the manufacture of tangible personal
9 property destined for the sale, are exempt from the tax
10 imposed under this Act.
11 (b) This exemption does not apply to industrial gases
12 that are used in a nonmanufacturing activity.
13 (c) This exemption does not apply to fuel or
14 electricity.
15 (d) For purposes of this Section, "industrial gases"
16 include but are not limited to neon, argon, helium, hydrogen,
17 nitrogen, acetylene, carbon dioxide, and oxygen.
18 (e) For purposes of this Section, "fuel" is a material
19 used to produce heat or power by burning, or is something
20 that feeds a fire.
21 Section 9. The Retailers' Occupation Tax Act is amended
22 by adding Section 2-8 as follows:
23 (35 ILCS 120/2-8 new)
24 Sec. 2-8. Industrial gases exemption
25 (a) Beginning with tax years ending on or after December
26 31, 1997 and ending with tax years ending on or before
27 December 31, 2001, gross proceeds from the sale of industrial
28 gases that (1) become ingredients or components of tangible
29 personal property destined for sale or (2) are consumed,
30 destroyed, or lose their identity in the manufacture of
31 tangible personal property destined for the sale, are exempt
32 from the tax imposed under this Act.
-4- LRB9000539KDksam01
1 (b) This exemption does not apply to industrial gases
2 that are used in a nonmanufacturing activity.
3 (c) This exemption does not apply to the gross proceeds
4 from the sale of fuel or electricity.
5 (d) For purposes of this Section, "industrial gases"
6 include but are not limited to neon, argon, helium, hydrogen,
7 nitrogen, acetylene, carbon dioxide, and oxygen.
8 (e) For purposes of this Section, "fuel" is a material
9 used to produce heat or power by burning, or is something
10 that feeds a fire.".