House Sponsors: LEITCH-BRUNSVOLD. Short description: SALES-EXEMPT PRODUCTION EQUIP Synopsis of Bill as introduced: Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Exempts from the taxes imposed by these Acts production related tangible personal property and machinery and equipment, including repair and replacement parts, both new and used, and including those items manufactured on special order or purchased for lease, certified by the purchaser to be essential to and used in the process of the production of electricity by an eligible facility owned by an exempt wholesale generator. Defines "eligible facility", "exempt wholesale generator", "production related tangible personal property", "machinery", and "equipment". Provides that the exemption applies to machinery and equipment used in the general maintenance or repair of exempt machinery and equipment. Sunsets the exemption after 10 years. Provides that the amendatory provision may not be used to ascertain whether the exempt items are subject to ad valorem property taxes or other taxes. Provides that the exemption does not apply to any additional use, occupation, or service occupation tax imposed by the Board of Directors of the Regional Transportation Authority under the Regional Transportation Authority Act. Effective immediately. 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 Full Text Bill Status