Bill Status of HB0603 102nd General Assembly
Short Description: USE/OCC TAX-SCHOOL SUPPLIES
Rep. Katie Stuart
| 3/27/2021||House||Rule 19(a) / Re-referred to Rules Committee|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that, from August 1, 2021 through August 7, 2021, the tax imposed under the Acts on clothing and school supplies shall be at the rate of 1.25% (instead of 6.25%). Makes changes concerning the distribution of proceeds from those sales. Makes corresponding changes in the State Finance Act. Effective immediately.