92nd General Assembly
Summary of HB3977
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House Sponsors:
NOVAK.

Short description: 
COMMUNICATION EQUIP EXEMPTION                                              

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.  Beginning      
   January 1, 2003, exempts from the taxes imposed by these Acts tangible      
   personal  property  and   its   component   parts   purchased   by   a      
   telecommunications carrier if the property and parts are used directly      
   and  primarily in transmitting, receiving, switching, or recording any      
   interactive, two-way electromagnetic communications, including  voice,      
   image,   data,  and  information,  through  the  use  of  any  medium,      
   including,  but  not  limited  to,  poles,  wires,  cables,  switching      
   equipment, computers, and record storage  devices and media.   Excepts      
   the  provisions  from  the  sunset  requirements.    Amends  the State      
   Mandates  Act  to  require   implementation   without   reimbursement.      
   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