USE/OCC TX-MANUFACTURED HOMES

Session: 103rd General Assembly
Year: 2023
Bill #: HB2720
Category: Revenue
Position: Oppose
Mandate? Yes
Revenue Loss? Yes
Authority Preemption?

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Summary as Introduced

Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that, with respect to the sale of a manufactured home, if the purchase is the first purchase of the manufactured home for use as a dwelling and the purchaser certifies that the manufactured home will be affixed to a permanent foundation in the State, then the tax imposed by the Acts applies to 50% of the selling price (in the case of the Use Tax Act) or 50% of the gross receipts from the sale (in the case of the Retailers' Occupation Tax Act). Effective immediately.



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