USE/OCC TAX-MPC
Summary
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the Manufacturer's Purchase Credit may only be used to satisfy the Use Tax or Service Use Tax liability incurred on production related tangible personal property purchased on or after September 1, 2004 and prior to August 31, 2015. Provides that the manufacturing and assembling machinery and equipment exemption includes production related tangible personal property. Effective July 1, 2015.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2015
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2015
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
12
Key actions
2
Committee
5
Oct 10, 2015
Committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
upper
Mar 27, 2015
Upper · Passed
Rule 2-10 Committee Deadline Established As April 24, 2015
upper
Mar 5, 2015
Upper · Passed
To Subcommittee on Tax Credits
upper
Feb 11, 2015
Committee
Assigned to Revenue
upper
Feb 4, 2015
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 774
Scope: IL
Hi! I can help you understand SB 774. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline