USE/OCC TX-RENEWABLE ENERGY

Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Creates an exemption from taxation under the Acts for tangible personal property that is used or consumed in a research facility in the process of the research and development of items of tangible personal property that are intended for commercial sale. Provides that the Acts' sunset provisions do not apply to these exemptions. Effective immediately.