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<xml>
<title>Illinois General Assembly - Bill Status for HB 4017         </title>
<shortdesc>RETAIL INCENTIVES-REBATE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Frank J. Mautino-Jerry Costello, II-Katherine Cloonen-Brandon W. Phelps-Patrick J. Verschoore</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 105/2d new</reference><aliasreference></aliasreference><reference>35 ILCS 120/1</reference><aliasreference>from Ch. 120, par. 440</aliasreference><SynopsisText>     Amends the Use Tax Act. Provides that the "selling price" shall not include any rebate from a manufacturer to reduce prices to a customer where the seller directly passes the rebate onto the customer and the rebate is deducted by the manufacturer from the price paid by the seller for the item. Amends the Retailers' Occupation Tax Act. Specifies that "sale at retail" shall not include any rebate from a manufacturer to reduce prices to a customer where the seller directly passes the rebate onto the customer and the rebate is deducted by the manufacturer from the price paid by the seller for the item. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/27/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Frank J. Mautino</action>
<statusdate>2/27/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/27/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/12/2015</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/13/2015</statusdate><chamber>House</chamber><action>To Sales and Other Taxes Subcommittee</action>
<statusdate>3/27/2015</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>4/23/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Jerry Costello, II</action>
<statusdate>4/23/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Katherine Cloonen</action>
<statusdate>4/23/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Brandon W. Phelps</action>
<statusdate>4/23/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Patrick J. Verschoore</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

