Weber Reports

From State Rep. Tom Weber:

Veto Session, Local News & More


Fall veto session to begin Oct. 28.

The Illinois House will gather on Monday, October 28, to consider new business and take action on the vetoes signed by the Governor.

The members of the Illinois General Assembly are mandated by the Constitution to meet for two three-day annual veto sessions every year. The first veto session will be in the final week of October, and the second week of veto session will be in the second full week of November.  Read More Here.


House Republicans seeking to repeal “trade-in” tax.

In a little-publicized move, the Illinois General Assembly enacted legislation in spring 2019 to cap the “trade-in credit” that has, up until now, partially relieved the burden of sales taxes on people buying new or used motor vehicles in Illinois.

This burden can be substantial. In an Illinois jurisdiction where sales tax is imposed at a rate of 9%, for example, purchasing a new $40,000 motor vehicle will generate an additional sales tax of $3,600.

This bill is typically added to the financing package for the car or light truck, and the buyer must cover it in his or her monthly payments.  Read More Here.


Comments

Weber Reports — 2 Comments

  1. The sunshine blog and its army of savvy political journalists will be there to expose our General Assembly. Stay tuned…tic, tock, tic, tock, tic, tock, meeeeeeoooooooooowwwwwwwwwwww…

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