Senate Sponsors: FAWELL. House Sponsors: WAIT Short description: ROLLING STOCK DEFINITIONS 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. Provides that the Acts' taxes do not apply to rolling stock moving in interstate commerce if that stock has carried persons or property for hire on 2 or more occasions in a calendar year. Limits the exclusion's application to pending audits, protests, hearings, and open limitations periods in existence on the effective date of this amendatory Act. Effective immediately. SENATE AMENDMENT NO. 2. Deletes everything. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the Acts' taxes do not apply to vehicles and trail- ers as rolling stock moving in interstate commerce if the motor ve- hicle and trailer has carried persons or property for hire on 15 or more occasions in a calendar year. Effective immediately. HOUSE AMENDMENT NO. 1. Provides that the Acts' taxes do not apply to vehicles and trailers as rolling stock moving in interstate commerce if the motor vehicle and trailer has carried persons or property for hire on 15 or more occasions in a 12-month period (instead of a calendar year). Last action on Bill: PUBLIC ACT.............................. 91-0587 Last action date: 99-08-14 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 1 END OF INQUIRY Full Text Bill Status