USE/OCC TX-TRADE IN
Summary
Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that the term "selling price" does not include the value of or credit given for traded-in tangible personal property (currently, beginning on January 1, 2020, with respect to motor vehicles, "selling price" does include the trade-in value). Effective immediately.
Bill status
in committee
1 of 4 stages cleared
Introduction
Oct 2019
Committee Review
Floor Vote
Governor
Introduced Oct 4, 2019
Last action Oct 17, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Oct 17, 2019
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Allen Skillicorn
RRepublican
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