USE/OCC TX-LEASED PROPERTY House SponsorsRep. Jay Hoffman 1/13/2021HouseSession Sine Die 35 ILCS 105/2from Ch. 120, par. 439.235 ILCS 105/3-535 ILCS 120/1from Ch. 120, par. 44035 ILCS 120/2-5 Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that, for any leased property (currently, for motor vehicles only), "selling price" means the consideration received by the lessor pursuant to the lease contract and includes certain amounts received by the lessor that are not calculated at the time the lease is executed. Provides for an exemption to the extent of any personal property lease transaction tax paid to a home rule municipality. Effective immediately. 2/13/2020HouseFiled with the Clerk by Rep. Jay Hoffman 2/18/2020HouseFirst Reading 2/18/2020HouseReferred to Rules Committee 3/3/2020HouseAssigned to Revenue & Finance Committee 6/23/2020HouseRule 19(b) / Re-referred to Rules Committee 1/13/2021HouseSession Sine Die