SB2389 amends Illinois tax laws to exempt various tangible personal properties from use, sales, and service use taxes under specific conditions.
SB2389 amends the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and Retailers' Occupation Tax Act to exempt various tangible personal properties from taxes. It includes exemptions for machinery and equipment used in manufacturing, graphic arts, agriculture, and data centers. It also exempts certain medical supplies, breast pumps, and equipment used in disaster relief. Additionally, it exempts certain sales and uses of aircraft, motor vehicles, and fuel.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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