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<xml>
<title>Illinois General Assembly - Bill Status for SB 774          </title>
<shortdesc>USE/OCC TAX-MPC</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Andy Manar-Julie A. Morrison and Chuck Weaver</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 105/3-5</reference><aliasreference></aliasreference><reference>35 ILCS 105/3-50</reference><aliasreference>from Ch. 120, par. 439.3-50</aliasreference><reference>35 ILCS 105/3-85</reference><aliasreference></aliasreference><reference>35 ILCS 110/2</reference><aliasreference>from Ch. 120, par. 439.32</aliasreference><reference>35 ILCS 110/3-70</reference><aliasreference></aliasreference><reference>35 ILCS 115/2</reference><aliasreference>from Ch. 120, par. 439.102</aliasreference><reference>35 ILCS 115/9</reference><aliasreference>from Ch. 120, par. 439.109</aliasreference><reference>35 ILCS 120/2-5</reference><aliasreference></aliasreference><reference>35 ILCS 120/2-45</reference><aliasreference>from Ch. 120, par. 441-45</aliasreference><reference>35 ILCS 120/3</reference><aliasreference>from Ch. 120, par. 442</aliasreference><SynopsisText>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.</SynopsisText></synopsis>
<actions>
<statusdate>2/4/2015</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Andy Manar</action>
<statusdate>2/4/2015</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/4/2015</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/11/2015</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/5/2015</statusdate><chamber>Senate</chamber><action>To Subcommittee on Tax Credits</action>
<statusdate>3/27/2015</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 24, 2015</action>
<statusdate>4/24/2015</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2015</action>
<statusdate>5/15/2015</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015</action>
<statusdate>9/9/2015</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Julie A. Morrison</action>
<statusdate>10/10/2015</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>1/12/2016</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Chuck Weaver</action>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

