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Sen. Iris Y. Martinez
Filed: 3/3/2004
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09300SB2329sam001 |
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LRB093 18462 DRJ 48439 a |
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| AMENDMENT TO SENATE BILL 2329
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| AMENDMENT NO. ______. Amend Senate Bill 2329 on page 1, |
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| line 5, after "7,", by inserting "8,"; and
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| on page 6, line 25, after the comma, by inserting "based on its |
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| highest and best use,"; and
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| on page 7, after line 6, by inserting the following:
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| "(310 ILCS 60/8) (from Ch. 67 1/2, par. 1158)
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| Sec. 8. The provisions of this Act shall not apply to any |
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| of the
following: a government taking by eminent domain or |
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| negotiated purchase; a
forced sale pursuant to a foreclosure; |
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| or a transfer by gift, devise or operation of law; or an |
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| owner's sale or other disposition of assisted housing in a |
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| manner pursuant to which the property after the sale or other |
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| disposition continues to be assisted housing as defined in this |
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| Act.
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| (Source: P.A. 86-810.)".
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