Senate Sponsors: PETERSON. House Sponsors: HOLBROOK-HARTKE-MCGUIRE-REITZ-STEPHENS Short description: USE-OCC TX-EXEMPT LEASED EQUIP 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. Provides a tax exemption, beginning on January 1, 2001, for computers and communications equipment utilized for any hospital purpose and equipment used in the diagnosis, analysis, or treatment of hospital patients sold to or purchased by a lessor who leases the equipment for one year or longer to a tax exempt hospital. Provides for a tax exemption, beginning on January 1, 2001, for personal property sold to or purchased by a lessor who leases the property for one year or longer to a tax exempt governmental body. Exempts from the sunset provisions of the Acts. Effective immediately. SENATE AMENDMENT NO. 1. Provides that the exemptions begin on the effective date of this amendatory Act of the 92nd General Assembly (now, begin on January 1, 2001). Last action on Bill: PUBLIC ACT.............................. 92-0227 Last action date: AUG-02-2001 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status