House Sponsors: FRANKS-HOLBROOK, SOMMER AND MOORE,ANDREA. Short description: RET-USE TX-TAX MORATORIUM Synopsis of Bill as introduced: Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that with respect to individual items of clothing having a taxable value of $50 or less sold in Illinois on July 30 through August 8, no tax shall be imposed under those Acts. Allows units of local government that impose those taxes to choose not to impose the tax with respect to individual items of clothing having a taxable value of $50 or less sold in Illinois on July 30 through August 8. Defines "clothing". Provides that the exemption does not apply to sales made within hotels or places of public entertainment or amusement where tickets of admission are sold. Excepts the exemption from the Acts' sunset provisions. Effective immediately. FISCAL NOTE (Department of Revenue) An estimate of the fiscal impact of HB 2872 is indeterminable. At present, the Department does not possess systems capable of tracking sales by each item's taxable value. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status