Exempts certain tangible personal property from use and occupation taxes in Illinois.
SB2028 amends the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and Retailers' Occupation Tax Act to exempt specific tangible personal property from taxes. These include equipment and materials used in providing broadband services, breast pumps and related supplies, and machinery and equipment used in agriculture and disaster relief. Exemptions also apply to certain purchases by not-for-profit organizations, educational institutions, and governmental bodies.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.