Bill Status of HB4400 100th General Assembly
Short Description: USE/OCC TX-OIL EXPLORATION
Rep. David B. Reis
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reinstates an exemption for oil field exploration, drilling, and production equipment for the period beginning on January 1, 2019 and ending on June 30, 2022. Effective immediately.