Plain English Breakdown
The official status explanation provided ('Passed Legislature') conflicts with the 'Last action' listed as 'Re-referred to Rules Committee'. The summary reflects the most recent specific action date (2025-03-21) which indicates the bill was sent back for review, not yet finalized.
HB0058: Changes to Tax Rules for Holidays
This bill amends specific sections of Illinois tax laws related to use and occupation taxes.
What This Bill Does
- Amends Section 6z-18 and Section 6z-20 of the Retailers' Occupation Tax Act (30 ILCS 105).
- Updates Sections 3-6, 3-10, and 9 of the Use Tax Act (35 ILCS 105).
- Changes Sections 2-8, 2-10, and 3 of the Service Occupations Tax Act (35 ILCS 120).
Who It Names or Affects
- Entities subject to Illinois use tax laws.
- Entities paying service occupation taxes in Illinois.
Limits and Unknowns
- The official text lists the law sections changed but does not explain how holiday rules are specifically altered.
- No effective date is listed for when these changes begin.
- The bill status shows it was re-referred to a committee, so its final passage or enactment is uncertain based on this document.