Bill Status of SB 80   94th General Assembly


Short Description:  PROP TAX-HOUSING DEV CREDIT

Senate Sponsors
Sen. Todd Sieben

Last Action  View All Actions

DateChamber Action
  4/11/2005SenateThird Reading - Lost; 013-039-001

Statutes Amended In Order of Appearance
35 ILCS 200/18-185

Synopsis As Introduced
Amends the Property Tax Extension Limitation Law in the Property Tax Code. In certain non-home rule taxing districts in which the voters have approved a referendum making the Property Tax Extension Limitation Law applicable, exempts from the extension limitation those extensions made for payments of principal and interest on bonds issued before July 1, 2005 by any school district on the State Board of Education's Financial Warning List for the purpose of financing a retrofit program to replace steam pipes. Effective immediately.

Senate Committee Amendment No. 1
Provides that the extension limitation exemption applies to those extensions made for payments of principal and interest on bonds issued before July 1, 2006 (instead of July 1, 2005) for the purpose of financing a retrofit program to replace steam pipes.

Actions 
DateChamber Action
  1/26/2005SenateFiled with Secretary by Sen. Todd Sieben
  1/26/2005SenateFirst Reading
  1/26/2005SenateReferred to Rules
  2/3/2005SenateAssigned to Revenue
  2/15/2005SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Todd Sieben
  2/15/2005SenateSenate Committee Amendment No. 1 Referred to Rules
  2/17/2005SenatePostponed - Revenue
  2/23/2005SenateSenate Committee Amendment No. 1 Rules Refers to Revenue
  2/23/2005SenateSenate Committee Amendment No. 1 Adopted
  2/24/2005SenateDo Pass as Amended Revenue; 008-001-000
  2/24/2005SenatePlaced on Calendar Order of 2nd Reading March 1, 2005
  3/1/2005SenateSecond Reading
  3/1/2005SenatePlaced on Calendar Order of 3rd Reading March 2, 2005
  4/11/2005SenateThird Reading - Lost; 013-039-001

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