FY 2025-30, Changes Related to Motor Vehicle Transactions for Automobile Dealers

Public Act (P.A.) 104-0006 amends the Retailers' Occupation Tax Act, the Use Tax Act, the Service Occupation Tax Act, the Service Use Tax Act, and the Illinois Vehicle Code to:

• add a presumption that the nonresident purchaser (drive-away permit) exemption claimed on Forms ST-556 and ST-556-LSE does not apply to transactions where the purchaser is a limited liability company (LLC), and a member of the LLC is a resident of Illinois (effective June 16, 2025);
• provide that motor vehicles purchased for resale from private parties (non-retailers) by retailers registered under Section 2a of the Retailers' Occupation Tax Act are exempt from the Private Party Vehicle Use Tax (effective June 16, 2025); and
• change the rolling stock exemption for limousines to exclude vehicles subject to the provisions of the Transportation Network Providers Act (effective July 1, 2025).