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<xml>
<title>Illinois General Assembly - Bill Status for HB 5766         </title>
<shortdesc>USE/OCC TX-REDUCE RATE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. David McSweeney</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 105/3-10</reference><aliasreference></aliasreference><reference>35 ILCS 110/3-10</reference><aliasreference>from Ch. 120, par. 439.33-10</aliasreference><reference>35 ILCS 115/3-10</reference><aliasreference>from Ch. 120, par. 439.103-10</aliasreference><reference>35 ILCS 120/2-10</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. Reduces the rate of tax under those Acts for a 3-month period to 4.69% (currently 6.25%). Provides that, during that period, with respect to food, medicines, drugs, medical appliances, and other devices that are ordinarily subject to a 1% rate of tax, the tax is imposed at the rate of 0.75%. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>5/5/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. David McSweeney</action>
<statusdate>5/18/2020</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>5/18/2020</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

