Illinois General Assembly - Bill Status for HB3126
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 Bill Status of HB3126  97th General Assembly


Short Description:  ROLLING STOCK EXEMPTION-25%

House Sponsors
Rep. Randy Ramey, Jr.

Last Action
DateChamber Action
  1/8/2013HouseSession 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. Provides that beginning on July 1, 2011, "use as rolling stock moving in interstate commerce" occurs for motor vehicles when during a 12-month period the rolling stock has carried persons or property for hire in interstate commerce for greater than 25% (now, 50%) of its total trips for that period or for greater than 25% (now, 50%) of its total miles for that period. Effective immediately.

Actions 
DateChamber Action
  2/23/2011HouseFiled with the Clerk by Rep. Randy Ramey, Jr.
  2/23/2011HouseFirst Reading
  2/23/2011HouseReferred to Rules Committee
  2/28/2011HouseAssigned to Revenue & Finance Committee
  3/17/2011HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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