USE/OCC TX-PROCEEDS

Session: 103rd General Assembly
Year: 2024
Bill #: HB5225
Category: Revenue
Position: Under Review
Mandate?
Revenue Loss?
Authority Preemption?

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Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, after certain deposits have been made, 0.25% of the remainder of the proceeds shall be deposited into the Partners for Conservation Fund. Effective July 1, 2024.



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