Illinois Compiled Statutes (Tax)
35 ILCS 120/2-50
Rolling stock exemption
Official textilga.gov
Sec. 2-50. Rolling stock exemption. Except as provided in Section 2-51 of this Act, the rolling stock exemption applies to rolling stock used by an interstate carrier for hire, even just between points in Illinois, if the rolling stock transports, for hire, persons whose journeys or property whose shipments originate or terminate outside Illinois. (Source: P.A. 93-23, eff. 6-20-03.)
Source: view the official text
Nearby sections (25 sections)
- 120/2-12 · Location where retailer is deemed to be engaged in the…
- 120/2-13 · Remote Retailer Amnesty Program
- 120/2-15 · Photoprocessing
- 120/2-20 · Bullion
- 120/2-22 · Certification of airport-related purpose
- 120/2-25 · Computer software
- 120/2-27 · Prepaid telephone calling arrangements
- 120/2-29 · Quantum computing campus building materials exemption
- 120/2-30 · Graphic arts production
- 120/2-35 · Production agriculture
- 120/2-40 · Purchaser refunds
- 120/2-45 · Manufacturing and assembly exemption
- 120/2-50 · Rolling stock exemption
- 120/2-51 · Motor vehicles; trailers; use as rolling stock definition
- 120/2-54 · Building materials exemption; River Edge Redevelopment Zones
- 120/2-55 · Serviceman transfer
- 120/2-60 · Interstate commerce exemption
- 120/2-65 · Liability because of amendatory Act
- 120/2-70 · Sunset of exemptions, credits, and deductions
- 120/2a · Registration of retailers
- 120/2b · The Department may, after notice and a hearing as provided…
- 120/2c · Resales of tangible personal property
- 120/2d · Tax prepayment by motor fuel retailer
- 120/2e · Every such distributor or supplier shall deliver a statement…
- 120/2f · Resellers of motor fuel shall file a return by the 20th of the…