Bill Status of SB 2029   94th General Assembly

Short Description:  PROP TX-LEASED HOUSING ABATE

Senate Sponsors
Sen. Mattie Hunter-Jacqueline Y. Collins

Last Action  View All Actions

DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/18-177

Synopsis As Introduced
Amends the Property Tax Code. In a Section concerning tax abatements for leased, low-rent housing, provides that if the property of a housing authority is improved with an eligible multifamily dwelling or multi-building development containing residential units that are individually assessed, no more than 50% (now, 40%) of those residential units may be certified. Provides that, if the property is improved with an eligible multifamily dwelling or multi-building development containing residential units that are not individually assessed, the portion of the property certified shall represent no more than 50% (now, 40%) of those residential units.

Actions 
DateChamber Action
  2/25/2005SenateFiled with Secretary by Sen. Jacqueline Y. Collins
  2/25/2005SenateFirst Reading
  2/25/2005SenateReferred to Rules
  3/2/2005SenateAssigned to Revenue
  3/9/2005SenateChief Sponsor Changed to Sen. Mattie Hunter
  3/9/2005SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  3/10/2005SenateTo Subcommittee
  3/18/2005SenateRule 3-9(a) / Re-referred to Rules
  1/9/2007SenateSession Sine Die

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