Bill Status of HB 212   97th General Assembly


Short Description:  MUNI CD-BUSINESS CORRIDOR

House Sponsors
Rep. Thaddeus Jones-Camille Y. Lilly-Rita Mayfield-Anthony DeLuca-Mary E. Flowers and Derrick Smith

Senate Sponsors
(Sen. Toi W. Hutchinson)


Last Action  View All Actions

DateChamber Action
  8/26/2011HousePublic Act . . . . . . . . . 97-0577

Statutes Amended In Order of Appearance
35 ILCS 105/3-5
35 ILCS 105/3-10
35 ILCS 105/9from Ch. 120, par. 439.9
35 ILCS 110/3-5
35 ILCS 110/3-10from Ch. 120, par. 439.33-10
35 ILCS 110/9from Ch. 120, par. 439.39
35 ILCS 115/3-5
35 ILCS 115/3-10from Ch. 120, par. 439.103-10
35 ILCS 115/9from Ch. 120, par. 439.109
35 ILCS 120/2-5
35 ILCS 120/2-10
35 ILCS 120/3from Ch. 120, par. 442
65 ILCS 5/Art. 11 Div. 74.7 heading new
65 ILCS 5/11-74.7-1 new

Synopsis As Introduced
Amends the Illinois Municipal Code. Provides that 2 adjoining disadvantaged municipalities may form a business corridor by intergovernmental agreement. Defines "disadvantaged municipality". Provides that the business corridor shall encompass only territory along the common border of the municipalities that is (i) undeveloped or underdeveloped and (ii) not likely be developed without the creation of the business corridor. Provides that the agreement must contain certain information. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that tangible personal property purchased from a business located in a business corridor is exempt from taxation under the Acts beginning on the first day of the first month to occur not less than 30 days after the business corridor is established and continuing through December 31 of the fifth calendar year after the business corridor is established. Provides that, in the sixth calendar year after the business corridor is established, the tax is imposed on that tangible personal property at the rate of 3%. Provides that the proceeds of the tax imposed at the rate of 3% shall be distributed to the municipalities.

House Committee Amendment No. 1
Deletes reference to:
35 ILCS 105/3-5
35 ILCS 105/3-10
35 ILCS 105/9from Ch. 120, par. 439.9
35 ILCS 110/3-5
35 ILCS 110/3-10from Ch. 120, par. 439.33-10
35 ILCS 110/9from Ch. 120, par. 439.39
35 ILCS 115/3-5
35 ILCS 115/3-10from Ch. 120, par. 439.103-10
35 ILCS 115/9from Ch. 120, par. 439.109
35 ILCS 120/2-5
35 ILCS 120/2-10
35 ILCS 120/3from Ch. 120, par. 442
65 ILCS 5/Art. 11 Div. 74.7 heading new
65 ILCS 5/11-74.7-1 new
Adds reference to:
35 ILCS 200/18-184.10 new

Replaces everything after the enacting clause. Amends the Property Tax Code. Provides that property that is not otherwise exempt from taxation and is situated in a business corridor created by intergovernmental agreement between 2 adjoining disadvantaged municipalities is entitled to a property tax abatement. Contains provisions allowing municipalities to create business corridors.

Senate Floor Amendment No. 1
Adds reference to:
35 ILCS 200/18-165

Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill with changes. Requires the municipality to conduct a public hearing before entering into an intergovernmental agreement designating a business corridor. Provides that the property tax abatement for property in a business corridor must be done in accordance with other procedures set forth in the Property Tax Code. Makes other changes.

Senate Floor Amendment No. 2
Provides that the taxing district may order a business corridor abatement by a majority vote of its governing authority. Provides that a business corridor abatement may not exceed a period of 10 years.

Actions 
DateChamber Action
  1/19/2011HouseFiled with the Clerk by Rep. Thaddeus Jones
  1/21/2011HouseFirst Reading
  1/21/2011HouseReferred to Rules Committee
  2/7/2011HouseAdded Chief Co-Sponsor Rep. Camille Y. Lilly
  2/8/2011HouseAdded Chief Co-Sponsor Rep. Rita Mayfield
  2/8/2011HouseAssigned to Revenue & Finance Committee
  3/10/2011HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Thaddeus Jones
  3/10/2011HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/15/2011HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  3/17/2011HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000
  3/17/2011HouseRemains in Revenue & Finance Committee
  3/17/2011HouseHouse Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
  3/17/2011HouseDo Pass as Amended / Short Debate Revenue & Finance Committee; 007-000-000
  3/17/2011HousePlaced on Calendar 2nd Reading - Short Debate
  4/7/2011HouseAdded Chief Co-Sponsor Rep. Anthony DeLuca
  4/12/2011HouseSecond Reading - Short Debate
  4/12/2011HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/13/2011HouseAdded Chief Co-Sponsor Rep. Mary E. Flowers
  4/13/2011HouseAdded Co-Sponsor Rep. Derrick Smith
  4/13/2011HouseThird Reading - Short Debate - Passed 115-000-001
  4/14/2011SenateArrive in Senate
  4/14/2011SenatePlaced on Calendar Order of First Reading
  4/14/2011SenateChief Senate Sponsor Sen. Toi W. Hutchinson
  4/14/2011SenateFirst Reading
  4/14/2011SenateReferred to Assignments
  4/27/2011SenateAssigned to Revenue
  5/5/2011SenatePostponed - Revenue
  5/11/2011SenateDo Pass Revenue; 010-000-000
  5/11/2011SenatePlaced on Calendar Order of 2nd Reading May 12, 2011
  5/13/2011SenateSecond Reading
  5/13/2011SenatePlaced on Calendar Order of 3rd Reading May 16, 2011
  5/20/2011SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Toi W. Hutchinson
  5/20/2011SenateSenate Floor Amendment No. 1 Referred to Assignments
  5/24/2011SenateSenate Floor Amendment No. 1 Assignments Refers to Revenue
  5/25/2011SenateSenate Floor Amendment No. 1 Recommend Do Adopt Revenue; 010-000-000
  5/25/2011SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Toi W. Hutchinson
  5/25/2011SenateSenate Floor Amendment No. 2 Referred to Assignments
  5/26/2011SenateSenate Floor Amendment No. 2 Assignments Refers to Revenue
  5/26/2011SenateSenate Floor Amendment No. 2 Recommend Do Adopt Revenue; 009-000-000
  5/27/2011SenateRecalled to Second Reading
  5/27/2011SenateSenate Floor Amendment No. 1 Adopted; Hutchinson
  5/27/2011SenateSenate Floor Amendment No. 2 Adopted; Hutchinson
  5/27/2011SenatePlaced on Calendar Order of 3rd Reading
  5/27/2011SenateThird Reading - Passed; 058-000-000
  5/28/2011HouseArrived in House
  5/28/2011HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1, 2
  5/29/2011HouseSenate Floor Amendment No. 1 Motion Filed Concur Rep. Thaddeus Jones
  5/29/2011HouseSenate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee
  5/29/2011HouseSenate Floor Amendment No. 2 Motion Filed Concur Rep. Thaddeus Jones
  5/29/2011HouseSenate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee
  5/29/2011HouseSenate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000
  5/29/2011HouseSenate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000
  5/29/2011HouseSenate Floor Amendment No. 1 House Concurs 112-000-000
  5/29/2011HouseSenate Floor Amendment No. 2 House Concurs 112-000-000
  5/29/2011HousePassed Both Houses
  6/27/2011HouseSent to the Governor
  8/26/2011HouseGovernor Approved
  8/26/2011HouseEffective Date January 1, 2012
  8/26/2011HousePublic Act . . . . . . . . . 97-0577

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