SB0137 - 104th General Assembly (2025-2026)
USE/OCC TX-VENDOR DISCOUNT
Last Action
1/17/2025 - Senate: Referred to Assignments
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. Provides that, if the retailer or serviceman reports less than $50,000 in sales during the month for which the return is filed, then the vendor's discount for that retailer or serviceman shall be 3.5% (currently, 1.75%) of the amount collected or $5 per calendar year, whichever is greater. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/17/2025 | Senate | Filed with Secretary by Sen. Craig Wilcox |
| 1/17/2025 | Senate | First Reading |
| 1/17/2025 | Senate | Referred to Assignments |
| 5/30/2025 | Senate | Added as Co-Sponsor Sen. Chris Balkema |
| 3/31/2026 | Senate | Added as Co-Sponsor Sen. Darby A. Hills |