Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

30 ILCS 105/5.786 new

30 ILCS 105/6z-85 new

35 ILCS 5/208

from Ch. 120, par. 2-208

35 ILCS 5/517 new

Synopsis As Introduced
Amends the State Finance Act. Creates the Property Tax Rebate Trust Fund. Provides that moneys in the Fund shall be used to pay rebates to taxpayers who file an individual income tax return for a taxable year beginning in the previous calendar year and are responsible for paying real property taxes on a principal residence located in the State. Provides that $64,583,333 shall be transferred from the General Revenue Fund into the Property Tax Rebate Trust Fund each month. Amends the Illinois Income Tax Act. Provides that the credit for residential real property taxes sunsets on December 31, 2010. Effective immediately.

Actions 

Date	Chamber	Action
1/13/2011	Senate	Filed with Secretary by Sen. William Delgado
1/13/2011	Senate	First Reading
1/13/2011	Senate	Referred to Assignments
1/27/2011	Senate	Assigned to Revenue
3/18/2011	Senate	Rule 3-9(a) / Re-referred to Assignments
1/8/2013	Senate	Session Sine Die

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