<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3126   </title>
<shortdesc>ROLLING STOCK EXEMPTION-25%</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Randy Ramey, Jr.</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 105/3-61</reference><aliasreference></aliasreference><reference>35 ILCS 110/3-51</reference><aliasreference></aliasreference><reference>35 ILCS 115/2d</reference><aliasreference></aliasreference><reference>35 ILCS 120/2-51</reference><aliasreference></aliasreference><SynopsisText>     Amends the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and Retailers' Occupation Tax Act. Provides that beginning on July 1, 2011, "use as rolling stock moving in interstate commerce" occurs for motor vehicles when during a 12-month period the rolling stock has carried persons or property for hire in interstate commerce for greater than 25% (now, 50%) of its total trips for that period or for greater than 25% (now, 50%) of its total miles for that period. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/23/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Randy Ramey, Jr.</action>
<statusdate>2/23/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/23/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/28/2011</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

