SB3932

SB3932 amends the Service Occupation Tax Act to adjust tax rates on various services and goods.

SB3932 amends the Service Occupation Tax Act to modify tax rates on services and goods. It specifies tax rates for different periods on items like biodiesel blends, mid-range ethanol blends, and food for human consumption. The bill also details tax exemptions for certain entities and products, such as food sold through vending machines and food prepared for immediate consumption. It further defines terms like "soft drinks" and "candy" and outlines the tax responsibilities of third-party payers for claims submitted by pharmacies, pharmacists, or durable medical equipment providers.