Illinois HB3480 amends tax laws to redefine and tax prepaid telephone calling arrangements.
HB3480 amends the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, Retailers' Occupation Tax Act, and Telecommunications Excise Tax Act. It redefines "prepaid telephone calling arrangements" to include the recharge of such arrangements if obtained through a preloaded phone, calling card, or other tangible personal property, effective January 1, 2026. The bill also subjects prepaid telephone calling arrangements to tax if they are considered tangible personal property, effective January 1, 2025. It excludes certain items like electricity, natural gas, and water from tax.
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