Illinois General Assembly - Bill Status for SB2315
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 Bill Status of SB2315  103rd General Assembly


Short Description:  INC TX-STANDARD EXEMPTION

Senate Sponsors
Sen. Celina Villanueva and Mike Porfirio

House Sponsors
(Rep. Stephanie A. Kifowit - Sue Scherer - La Shawn K. Ford - Harry Benton, Jaime M. Andrade, Jr., Edgar Gonzalez, Jr., Bradley Fritts, Travis Weaver, Dennis Tipsword, Jr., Michael J. Coffey, Jr., Lindsey LaPointe, Gregg Johnson, Lance Yednock, Sharon Chung, Kevin John Olickal, Margaret Croke, Mary E. Flowers, Abdelnasser Rashid, Martin J. Moylan, Hoan Huynh, Katie Stuart, Robert "Bob" Rita, Dave Vella, Marcus C. Evans, Jr., Matt Hanson, Kevin Schmidt, Mary Gill, Fred Crespo and Michael J. Kelly)

Last Action
DateChamber Action
  12/10/2023SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 5/204from Ch. 120, par. 2-204


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, for taxable years ending before December 31, 2028 (currently, December 31, 2023), when calculating the standard exemption, the basic amount shall be $2,050 plus a specified cost-of-living adjustment. Effective immediately.

House Floor Amendment No. 1
Deletes reference to:
35 ILCS 5/204from Ch. 120, par. 2-204
Adds reference to:
35 ILCS 200/15-169
35 ILCS 200/15-171 new
35 ILCS 200/11-145
35 ILCS 200/Art. 11 Div. 5 heading new
35 ILCS 200/11-175 new
35 ILCS 200/11-180 new
35 ILCS 200/11-185 new
35 ILCS 200/11-190 new
35 ILCS 200/11-195 new
35 ILCS 200/11-200 new
35 ILCS 200/11-205 new
35 ILCS 200/11-210 new
35 ILCS 200/18-185
70 ILCS 1205/8-3from Ch. 105, par. 8-3
70 ILCS 1290/0.01from Ch. 105, par. 325h
70 ILCS 1290/1from Ch. 105, par. 326
70 ILCS 1290/2from Ch. 105, par. 327
70 ILCS 1505/19from Ch. 105, par. 333.19
230 ILCS 5/26from Ch. 8, par. 37-26
735 ILCS 30/15-5-15
35 ILCS 200/10-40
35 ILCS 200/10-50
35 ILCS 200/2-5
35 ILCS 200/2-10
35 ILCS 200/9-45
35 ILCS 200/11-15
35 ILCS 200/18-185
35 ILCS 200/18-190.3 new
35 ILCS 200/15-174.5 new

Replaces everything after the enacting clause. Amends the Property Tax Code. In a Section granting a homestead exemption to veterans with disabilities, provides that property that is used as a qualified residence by a veteran who was a member of the United States Armed Forces during World War II is exempt from taxation regardless of the veteran's level of disability. Provides that a veteran who qualifies as a result of his or her service in World War II need not reapply for the exemption. Makes changes concerning service-connected disabilities. Makes changes concerning surviving spouses. Creates a homestead exemption for surviving spouses of fallen police officers, fallen firefighters, and fallen rescue workers in an amount equal to 50% of the equalized assessed value of the property. Makes changes concerning the valuation of wastewater facilities. In provisions concerning the Historic Residence Assessment Freeze Law, provides that the fair cash value of the property shall be based on the final determination by the assessment officer, board of review, Property Tax Appeal Board, or court. Provides that, after the expiration of the 8-year valuation period, if the current fair cash value is less than the adjusted base year valuation, then the assessment shall be based on the current fair cash value. Makes changes concerning multi-township assessors. Provides that property that is used for a petroleum refinery may be the subject of a real property tax assessment settlement agreement among the taxpayer and taxing districts in which the property is situated. Amends the Park District Aquarium and Museum Act. Changes the Act's short title to the Park District and Municipal Aquarium and Museum Act. Replaces the Act's existing references to "city" and "cities" with "municipality" and "municipalities". Provides that the board of park commissioners or corporate authorities of a municipality (currently, only boards of park commissioners) may levy a tax if the park district or municipality has control of a public park or parks within the park district or municipality in which an aquarium or museum is maintained. Amends the Property Tax Extension Limitation Law of the Property Tax Code. Provides that extensions for levies made under the Park District and Municipal Aquarium and Museum Act are special purpose extensions and are not included in the park district's or municipality's aggregate extension. Creates an exemption for municipality-built homes. Effective immediately.

Actions 
DateChamber Action
  2/10/2023SenateFiled with Secretary by Sen. Celina Villanueva
  2/10/2023SenateFirst Reading
  2/10/2023SenateReferred to Assignments
  2/28/2023SenateAssigned to Revenue
  3/9/2023SenateDo Pass Revenue; 009-000-000
  3/9/2023SenatePlaced on Calendar Order of 2nd Reading March 10, 2023
  3/10/2023SenateSecond Reading
  3/10/2023SenatePlaced on Calendar Order of 3rd Reading March 21, 2023
  3/23/2023SenatePlaced on Calendar Order of 3rd Reading ** March 24, 2023
  3/29/2023SenateThird Reading - Passed; 057-000-000
  3/30/2023HouseArrived in House
  3/31/2023HouseChief House Sponsor Rep. Jenn Ladisch Douglass
  3/31/2023HouseAlternate Chief Sponsor Changed to Rep. Stephanie A. Kifowit
  4/11/2023HouseFirst Reading
  4/11/2023HouseReferred to Rules Committee
  4/18/2023HouseAssigned to Revenue & Finance Committee
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Harry Benton
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Jaime M. Andrade, Jr.
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Edgar Gonzalez, Jr.
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Bradley Fritts
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Travis Weaver
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Dennis Tipsword, Jr.
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Michael J. Coffey, Jr.
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Lindsey LaPointe
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Gregg Johnson
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Lance Yednock
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Sharon Chung
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Kevin John Olickal
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Margaret Croke
  4/20/2023HouseAdded Alternate Chief Co-Sponsor Rep. Sue Scherer
  4/20/2023HouseAdded Alternate Co-Sponsor Rep. Mary E. Flowers
  4/20/2023HouseAlternate Co-Sponsor Removed Rep. Harry Benton
  4/25/2023HouseAdded Alternate Co-Sponsor Rep. Abdelnasser Rashid
  4/25/2023HouseAdded Alternate Co-Sponsor Rep. Martin J. Moylan
  4/25/2023HouseAdded Alternate Co-Sponsor Rep. Hoan Huynh
  4/25/2023HouseAdded Alternate Co-Sponsor Rep. Katie Stuart
  4/25/2023HouseAdded Alternate Co-Sponsor Rep. Robert "Bob" Rita
  4/26/2023HouseDo Pass / Short Debate Revenue & Finance Committee; 019-000-000
  4/26/2023HousePlaced on Calendar 2nd Reading - Short Debate
  4/27/2023HouseAdded Alternate Co-Sponsor Rep. Dave Vella
  4/27/2023HouseAdded Alternate Co-Sponsor Rep. Marcus C. Evans, Jr.
  5/3/2023HouseSecond Reading - Short Debate
  5/3/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/12/2023HouseThird Reading/Final Action Deadline Extended-9(b) May 19, 2023
  5/19/2023HouseThird Reading/Final Action Deadline Extended-9(b) May 31, 2023
  5/31/2023HouseRule 19(a) / Re-referred to Rules Committee
  11/7/2023HouseApproved for Consideration Rules Committee; 004-000-000
  11/7/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate
  11/8/2023HouseAdded Alternate Co-Sponsor Rep. Matt Hanson
  11/8/2023HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Stephanie A. Kifowit
  11/8/2023HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  11/9/2023HouseHouse Floor Amendment No. 1 Rules Refers to Executive Committee
  11/9/2023HouseHouse Floor Amendment No. 1 Recommends Be Adopted Executive Committee; 012-000-000
  11/9/2023HouseRecalled to Second Reading - Short Debate
  11/9/2023HouseHouse Floor Amendment No. 1 Adopted
  11/9/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate
  11/9/2023HouseAdded Alternate Co-Sponsor Rep. Kevin Schmidt
  11/9/2023House3/5 Vote Required
  11/9/2023HouseThird Reading - Short Debate - Passed 103-000-001
  11/9/2023HouseAdded Alternate Chief Co-Sponsor Rep. La Shawn K. Ford
  11/9/2023HouseAdded Alternate Chief Co-Sponsor Rep. Harry Benton
  11/9/2023HouseAdded Alternate Co-Sponsor Rep. Mary Gill
  11/9/2023HouseAdded Alternate Co-Sponsor Rep. Fred Crespo
  11/9/2023HouseAdded Alternate Co-Sponsor Rep. Michael J. Kelly
  11/9/2023SenateSecretary's Desk - Concurrence House Amendment(s) 1
  11/9/2023SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - November 9, 2023
  11/13/2023SenateAdded as Co-Sponsor Sen. Mike Porfirio
  12/10/2023SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments

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