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<xml>
<title>Illinois General Assembly - Bill Status for SB 1293         </title>
<shortdesc>USE/OCC TAX-GRAPHIC ARTS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. William E. Brady-Linda Holmes</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 105/3-85</reference><aliasreference></aliasreference><reference>35 ILCS 110/3-5</reference><aliasreference></aliasreference><reference>35 ILCS 110/3-70</reference><aliasreference></aliasreference><reference>35 ILCS 115/3-5</reference><aliasreference></aliasreference><reference>35 ILCS 120/2-5</reference><aliasreference></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 graphic arts machinery and equipment exemption, and the corresponding Manufacturer's Purchase Credit for graphic arts machinery and equipment, sunsets on August 30, 2024 (instead of August 30, 2014). Provides that the exemption applies during the entire period from September 1, 2004 through August 30, 2024, including, but not limited to, the period beginning on August 31, 2014 and ending on the effective date of the amendatory Act. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2015</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. William E. Brady</action>
<statusdate>2/18/2015</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/18/2015</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/25/2015</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>4/16/2015</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Linda Holmes</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>10/10/2015</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

