Date	Chamber	Action
1/11/2011	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 105/3-61

35 ILCS 110/3-51

35 ILCS 115/2d

35 ILCS 120/2-51

Synopsis As Introduced
Amends the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and Retailers' Occupation Tax Act. With respect to the rolling stock exemption for aircraft and watercraft, requires that greater than 50% of the trips or miles in a 12-month period must be qualifying trips (interstate, for hire). Provides that an election of the trips or mileage method remains in effect for the life of the item (now, during a notice of liability period). Effective immediately.

	Fiscal Note (Dept. of Revenue)
	Based on the Department's tax return data and audit experience, HB 3822 would result in an annual increase of State revenue from $500,000 to several million dollars in sales and use tax receipts, depending on the level of related expenditures, which can vary significantly from year to year given the high individual purchase of aircraft and watercraft.

Actions 

Date	Chamber	Action
2/25/2009	House	Filed with the Clerk by Rep. Frank J. Mautino
2/25/2009	House	First Reading
2/25/2009	House	Referred to Rules Committee
3/3/2009	House	Assigned to Revenue & Finance Committee
3/12/2009	House	Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000
3/12/2009	House	Remains in Revenue & Finance Committee
3/12/2009	House	Do Pass / Short Debate Revenue & Finance Committee; 013-000-000
3/12/2009	House	Placed on Calendar 2nd Reading - Short Debate
3/12/2009	House	Added Chief Co-Sponsor Rep. Thomas Holbrook
3/20/2009	House	Fiscal Note Filed
4/1/2009	House	Second Reading - Short Debate
4/1/2009	House	Held on Calendar Order of Second Reading - Short Debate
4/3/2009	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2011	House	Session Sine Die

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