WAIT. 35 ILCS 105/3-55 from Ch. 120, par. 439.3-55 35 ILCS 110/3-45 from Ch. 120, par. 439.33-45 Amends the Use Tax Act and the Service Use Tax Act. Provides that if tangible personal property is not used as rolling stock in any anniversary year following the purchase of the tangible personal property but is used as rolling stock in another anniversary year or years following the purchase of the tangible personal property, the tangible personal property shall be eligible for a partial rolling stock exemption. Provides that tangible personal property shall be deemed to have fully qualified for the rolling stock exemption if the tangible personal property is used as rolling stock moving in interstate commerce for 3 anniversary years following the purchase of the tangible personal property. Effective immediately. FEB-21-2001 H FILED WITH CLERK FEB-21-2001 H FIRST READING FEB-21-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-22-2001 H ASSIGNED TO COMMITTEE REVENUE MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary