SB0137

USE/OCC TX-VENDOR DISCOUNT

Introduced·1/17/25
Introduced Text

Illinois SB0137 allows a discount for use/occupation tax on vendor purchases.

Illinois SB0137 provides a discount for use/occupation tax on purchases made from vendors. This bill aims to reduce the tax burden on vendors by allowing a discount on the tax they owe. The discount applies specifically to the use/occupation tax, which is a tax on the privilege of using property or engaging in a business in Illinois. The bill's provisions focus on modifying the tax rate for vendors, potentially lowering their overall tax liability.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Assignments Committee
Next
Session adjourned — paused until it reconvenes

Sponsors

0
4
RRRR
Democratic CaucusRepublican Caucus

History

Jun 25

Senate

Added as Co-Sponsor Sen. Seth Lewis

Mar 31

Senate

Added as Co-Sponsor Sen. Darby A. Hills

May 30, 2025

Senate

Added as Co-Sponsor Sen. Chris Balkema