Senate Sponsors: LAUZEN. House Sponsors: REITZ Short description: OCC-USE TAX-PROPANE STORAGE Synopsis of Bill as introduced: Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Beginning on January 1, 2002 and through December 31, 2004, exempts the sale and installation of storage tanks for propane used by retailers or wholesalers from the tax imposed by the Acts. Effective immediately. SENATE AMENDMENT NO. 1. Provides that a propane storage tank is eligible for the exemption only if it increases the retailer's or wholesaler's capacity to store propane. Provides that the exemption does not apply to propane storage tanks used for residential purposes. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status