SB1340 — MANUFACTURING-ENERGY-EXEMPTION
Last action — Chief Sponsor Changed to Sen. John F. Curran
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced January 28, 2025. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
Exempts certain businesses from gas and electricity taxes related to manufacturing.
The bill modifies tax laws to exempt specific businesses from gas and electricity taxes when used for manufacturing. This allows for a more favorable tax treatment in the manufacturing sector.
What this means for you
- Small Business: Small manufacturing businesses may benefit from reduced tax liabilities on energy used in production.
Summary
Amends the Gas Use Tax Law. Exempts certain business enterprises from taxation under the Act. Amends the Gas Revenue Tax Act. Provides that the definition of "gross receipts" does not include consideration received from certain business enterprises. Amends the Electricity Excise Tax Law. Provides that the tax under the Act is not imposed with respect to any use by the purchaser in the process of manufacturing or assembling tangible personal property for wholesale or for retail sale or lease. Effective immediately.
Bill Text
We don't have the full text on file for this bill yet.
Read SB1340 on the official Illinois source →Action History
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Chief Sponsor Changed to Sen. John F. Curran
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Dale Fowler
Sponsors
- John F. Curran · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 182 not signed on
Sponsors (1)
- John F. Curran Republican
Co-sponsors (0)
None.
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB1340 do?
- Amends the Gas Use Tax Law. Exempts certain business enterprises from taxation under the Act. Amends the Gas Revenue Tax Act. Provides that the definition of "gross receipts" does not include consideration received from certain business enterprises. Amends the Electricity Excise Tax Law. Provides that the tax under the Act is not imposed with respect to any use by the purchaser in the process of manufacturing or assembling tangible personal property for wholesale or for retail sale or lease. Effective immediately.
- Who sponsors SB1340 ?
- SB1340 is sponsored by John F. Curran (Republican).
- What is the current status of SB1340 ?
- This bill has been introduced in the Senate. Introduced January 28, 2025. It must pass committee before a floor vote.
- Where can I track SB1340 ?
- Track SB1340 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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