Date	Chamber	Action
1/9/2007	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/1-150

Synopsis As Introduced
Amends the Property Tax Code. Makes a technical change in a Section concerning the definition of "taxing district".

Fiscal Note (S-AM 1) (Dept. of Revenue)

There is no state fiscal impact. The impact on local governments comes in three ways. (1) It makes the Alternative General Homestead Exemption (AGHE) created pursuant to Public Act 93-715 permanent in Cook County, where two thirds of the way through the implementation no loss to taxing districts has been identified. (2) It allows any of the 101 other counties another opportunity to opt into the AGHE. The fiscal impact cannot be calculated, but will depend upon how many counties opt in and whether they have properties increasing more than 7% in value annually. When the AGHE was originally offered in 2004, no county except Cook chose to adopt it. The difference between Cook County, which does not equalize between triennial reassessments and other counties that do, would reduce use of the AGHE in other counties. (3) It removes the $20,000 maximum on the AGHE. In Chicago, there were 75,000 out of 357,000 homestead properties on which the AGHE's hit the 20,000 cap the first year, primarily among higher-priced properties. The fiscal impact cannot be calculated, but the Department has contracted for a detailed study that will provide this information for Cook County.

Actions 

Date	Chamber	Action
2/18/2005	Senate	Filed with Secretary by Sen. Don Harmon
2/18/2005	Senate	Chief Co-Sponsor Sen. Emil Jones, Jr.
2/18/2005	Senate	First Reading
2/18/2005	Senate	Referred to Rules
2/18/2005	Senate	Chief Co-Sponsor Changed to Sen. Emil Jones, Jr.
2/24/2005	Senate	Assigned to Revenue
3/10/2005	Senate	Do Pass Revenue; 006-003-000
3/10/2005	Senate	Placed on Calendar Order of 2nd Reading March 15, 2005
3/15/2005	Senate	Second Reading
3/15/2005	Senate	Placed on Calendar Order of 3rd Reading March 16, 2005
4/12/2005	Senate	Placed on Calendar Order of 3rd Reading ** April 13, 2005
4/15/2005	Senate	Rule 2-10 Third Reading Deadline Extended to December 31, 2005
7/1/2005	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Rules
10/19/2005	Senate	Approved for Consideration Rules
10/19/2005	Senate	Placed on Calendar Order of 3rd Reading October 25, 2005
10/25/2005	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Terry Link
10/25/2005	Senate	Senate Floor Amendment No. 1 Referred to Rules
10/26/2005	Senate	Chief Sponsor Changed to Sen. Terry Link
10/26/2005	Senate	Added as Chief Co-Sponsor Sen. Don Harmon
10/26/2005	Senate	Added as Chief Co-Sponsor Sen. Louis S. Viverito
10/26/2005	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
10/26/2005	Senate	Added as Co-Sponsor Sen. Iris Y. Martinez
10/27/2005	Senate	Added as Co-Sponsor Sen. Antonio Munoz
11/4/2005	Senate	Added as Co-Sponsor Sen. Mattie Hunter
11/4/2005	Senate	Added as Co-Sponsor Sen. Miguel del Valle
11/4/2005	Senate	Added as Co-Sponsor Sen. James A. DeLeo
11/4/2005	Senate	Added as Co-Sponsor Sen. Rickey R. Hendon
11/4/2005	Senate	Added as Co-Sponsor Sen. M. Maggie Crotty
11/4/2005	Senate	Added as Co-Sponsor Sen. Martin A. Sandoval
11/4/2005	Senate	Rule 2-10 Third Reading Deadline Extended to January 9, 2007
11/7/2005	Senate	Added as Co-Sponsor Sen. Susan Garrett
11/15/2005	Senate	Added as Co-Sponsor Sen. Donne E. Trotter
11/16/2005	Senate	Added as Co-Sponsor Sen. Kimberly A. Lightford
11/29/2005	Senate	Added as Co-Sponsor Sen. John J. Cullerton
11/29/2005	Senate	Added as Co-Sponsor Sen. Ira I. Silverstein
12/5/2005	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Rules
12/16/2005	Senate	Added as Co-Sponsor Sen. Jeffrey M. Schoenberg
1/17/2006	Senate	Fiscal Note Filed on Senate Amendment No. 1, from the Illinois Department of Revenue.
1/20/2006	Senate	Added as Co-Sponsor Sen. Cheryl Axley
1/9/2007	Senate	Session Sine Die

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