92nd General Assembly
Summary of HB0054
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House Sponsors:
PARKE AND ERWIN.

Short description: 
TAX EXEMPTION-MANUFACTURING                                                

Synopsis of Bill as introduced:
        Amends the Use Tax Act and the  Retailers'  Occupation  Tax  Act.      
   With respect to the exemption for certain manufacturing and assembling      
   machinery  and  equipment,  adds  computers,  sensors,  software,  and      
   related  equipment,  including  these  items used in computer-assisted      
   design or computer assisted manufacturing.  Excepts the exemption from      
   the sunset requirements. Provides that the term "equipment" includes a      
   computer assisted design, computer  assisted  manufacturing  (CAD/CAM)      
   system  contributing  to  a  manufacturing or assembly process (rather      
   than, includes computers used primarily in operating exempt  machinery      
   and  equipment  in  such  a  system). Amends the State Mandates Act to      
   require implementation without reimbursement.                               
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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