<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3890         </title>
<shortdesc>USE/OCC-TRADE-IN VALUE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Thomas M. Bennett-Andrew S. Chesney-Tony McCombie-Grant Wehrli-Jonathan Carroll, Brad Halbrook, Terri Bryant, Dave Severin, Patrick Windhorst and Mike Murphy</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 105/2</reference><aliasreference>from Ch. 120, par. 439.2</aliasreference><reference>35 ILCS 120/1</reference><aliasreference>from Ch. 120, par. 440</aliasreference><SynopsisText>     Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that the term "selling price" does not include the value of or credit given for traded-in tangible personal property (currently, beginning on January 1, 2020, with respect to motor vehicles, "selling price" does include the trade-in value). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>9/17/2019</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Thomas M. Bennett</action>
<statusdate>9/23/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Andrew S. Chesney</action>
<statusdate>9/30/2019</statusdate><chamber>House</chamber><action>Removed Co-Sponsor Rep. Andrew S. Chesney</action>
<statusdate>9/30/2019</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Andrew S. Chesney</action>
<statusdate>9/30/2019</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Tony McCombie</action>
<statusdate>10/1/2019</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Grant Wehrli</action>
<statusdate>10/17/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>10/17/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>12/5/2019</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Jonathan Carroll</action>
<statusdate>12/18/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Brad Halbrook</action>
<statusdate>12/20/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Terri Bryant</action>
<statusdate>12/20/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dave Severin</action>
<statusdate>12/20/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patrick Windhorst</action>
<statusdate>1/3/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mike Murphy</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

