Bill Status of SB2056 102nd General Assembly
Short Description: SALES TAX-REDUCED RATE-CONDOMS
Sen. Omar Aquino
| 4/16/2021||Senate||Rule 3-9(a) / Re-referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Retailers' Occupation Tax Act. Provides that internal (also known as female) and male condoms, incontinence products, diapers, and baby wipes shall be taxed by the State at a rate of 1% (currently, 6.25%). Provides that the net revenue from the 1% tax collected from the sale of those products shall be deposited into the State and Local Sales Tax Reform Fund. Amends the Use Tax, Service Occupation Tax, and Service Occupation Use Tax Acts to make conforming changes.
|Date||Chamber|| Action|| 2/26/2021||Senate||Filed with Secretary by Sen. Omar Aquino|| 2/26/2021||Senate||First Reading|| 2/26/2021||Senate||Referred to Assignments|| 3/16/2021||Senate||Assigned to Revenue|| 4/16/2021||Senate||Rule 3-9(a) / Re-referred to Assignments|