Bill Status of SB 3275   103rd General Assembly

Short Description:  PROP TX-STAMPS

Senate Sponsors
Sen. Linda Holmes and Andrew S. Chesney

House Sponsors
(Rep. Stephanie A. Kifowit)


Last Action  View All Actions

DateChamber Action
  8/9/2024SenatePublic Act . . . . . . . . . 103-0963

Statutes Amended In Order of Appearance
35 ILCS 200/31-5
35 ILCS 200/31-15

Synopsis As Introduced
Amends the Real Estate Transfer Tax Law in the Property Tax Code. Provides that paper revenue stamps shall be phased out by December 31, 2025. Requires counties to issue electronic revenue stamps or alternative indicia thereafter. Effective immediately.

Actions 
DateChamber Action
  2/6/2024SenateFiled with Secretary by Sen. Linda Holmes
  2/6/2024SenateFirst Reading
  2/6/2024SenateReferred to Assignments
  2/20/2024SenateAssigned to Revenue
  3/7/2024SenateDo Pass Revenue; 009-000-000
  3/7/2024SenatePlaced on Calendar Order of 2nd Reading March 12, 2024
  3/14/2024SenateSecond Reading
  3/14/2024SenatePlaced on Calendar Order of 3rd Reading March 20, 2024
  4/9/2024SenateAdded as Co-Sponsor Sen. Andrew S. Chesney
  4/10/2024SenatePlaced on Calendar Order of 3rd Reading **
  4/12/2024SenateThird Reading - Passed; 058-001-000
  4/12/2024HouseArrived in House
  4/12/2024HouseChief House Sponsor Rep. Stephanie A. Kifowit
  4/15/2024HouseFirst Reading
  4/15/2024HouseReferred to Rules Committee
  4/24/2024HouseAssigned to Revenue & Finance Committee
  5/2/2024HouseDo Pass / Short Debate Revenue & Finance Committee; 018-000-000
  5/2/2024HousePlaced on Calendar 2nd Reading - Short Debate
  5/7/2024HouseSecond Reading - Short Debate
  5/7/2024HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/17/2024HouseThird Reading - Short Debate - Passed 106-000-000
  5/17/2024SenatePassed Both Houses
  6/14/2024SenateSent to the Governor
  8/9/2024SenateGovernor Approved
  8/9/2024SenateEffective Date August 9, 2024
  8/9/2024SenatePublic Act . . . . . . . . . 103-0963

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