Bill Status of SB1390 101st General Assembly
Short Description: REVENUE-VARIOUS
Sen. Pat McGuire - Julie A. Morrison, Elgie R. Sims, Jr. and Laura M. Murphy
| 1/13/2021||Senate||Session Sine Die|
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 the manufacturing and assembling machinery and equipment exemption includes production related tangible personal property. Provides that a Manufacturer's Purchase Credit may not be taken on or after July 1, 2019. Effective immediately.