Illinois General Assembly - Bill Status for SB1474
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 Bill Status of SB1474  93rd General Assembly

Short Description:  PROP TAX-HOUSING AUTH EXEMPT

Senate Sponsors
Sen. Jacqueline Y. Collins

House Sponsors
(Rep. Lovana Jones)

Last Action
DateChamber Action
  1/11/2005SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/15-65
35 ILCS 200/15-95
65 ILCS 5/11-74.4-8from Ch. 24, par. 11-74.4-8
65 ILCS 5/11-74.4-9from Ch. 24, par. 11-74.4-9


Synopsis As Introduced
Amends the Property Tax Code. Includes, in the category of property exempt from taxation when used for charitable or beneficent purposes as well as in the category of property exempt as housing authority property, certain public housing residential rental property subject to a regulatory and operating agreement approved by the housing authority and the Department of Housing and Urban Development. Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. In provisions concerning the establishment of the "initial equalized assessed value" of property to be included in the district, excludes the public housing residential rental property that is subject to a regulatory and operating agreement and that is exempt under the Property Tax Code. Effective immediately.

Senate Committee Amendment No. 1
Deletes reference to:
35 ILCS 200/15-65

Deletes everything after the enacting clause. Reinserts the bill as introduced but with changes. Amends the Property Tax Code. Removes provisions that add public housing residential rental property subject to certain regulatory and operating agreements to the provisions authorizing a charitable purposes property tax exemption. Changes provisions authorizing a housing authority property tax exemption. Provides that residential rental units, whether or not the property of a housing authority, subject to a leasing agreement, regulatory and operating agreement, or similar instrument with a housing authority created under the Housing Authorities Act are exempt if the residential rental units are used solely for low-rent housing and related uses. Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code to remove cross references to the charitable purposes exemptions for public housing residential rental property subject to certain regulatory and operating agreements. Effective immediately.

 Fiscal Note (SC-AM1) (Dept of Commerce and Community Affairs)
 No fiscal impact on DCCA. The extent of fiscal impact on local governments cannot be determined.

 Housing Affordability Impact Note (Dept of Commerce and Community Affairs)
 DCCA has no statutory duty or authority to prepare a housing affordability note for SB 1474 or any other bill.

Senate Floor Amendment No. 2
Deletes reference to:
65 ILCS 5/11-74.4-8
65 ILCS 5/11-74.4-9

Deletes everything after the enacting clause. Reinserts only the provisions amending the Property Tax Code, leaving out the changes to the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Limits the exemption in the Property Tax Code to those residential rental units that constitute public housing situated in a municipality with 1,000,000 or more inhabitants. Effective immediately.

 State Mandates Fiscal Note (S-AM 1) (Illinois State Board of Education)
 This legislation does not constitute a State Mandate on local school districts.

 State Mandates Fiscal Note (S-AM 1) (Illinois Community College System)
 Under the State Mandates Act, a "State Mandate" means any State-initiated statutory or executive action that requires a unit of local government to establish, expand, or modify its activities in such a way as to necessitate additional expenditures from local revenues. Each community college is considered a unit of local government. Community colleges receive revenues from local property taxes; and at this time an estimate of the change in revenues, if any, is not available. There is no fiscal impact for the ICCB.

 Fiscal Note (S-AM 1) (Illinois State Board of Education)
 No fiscal impact on the State Board of Education. To the extent the bill may decrease local revenues, this legislation will have an adverse fiscal impact on local school districts.

 State Mandates Fiscal Note (S-AM 1) (Illinois Community College System)
 Under the State Mandates Act, a "State Mandate" means any State-initiated statutory or executive action that requires a unit of local government to establish, expand, or modify its activities in such a way as to necessitate additional expenditures from local revenues. Each community college is considered a unit of local government. Community colleges receive revenues from local property taxes; and at this time an estimate of the change in revenues, if any, is not available. There is no fiscal impact for the ICCB.

 Housing Affordability Impact Note (Housing Development Authority)
 No fiscal impact.

Actions 
DateChamber Action
  2/20/2003SenateFiled with Secretary by Sen. Jacqueline Y. Collins
  2/20/2003SenateFirst Reading
  2/20/2003SenateReferred to Rules
  2/27/2003SenateAssigned to Revenue
  3/6/2003SenatePostponed - Revenue
  3/11/2003SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Jacqueline Y. Collins
  3/11/2003SenateSenate Committee Amendment No. 1 Referred to Rules
  3/11/2003SenateSenate Committee Amendment No. 1 Rules Refers to Revenue
  3/12/2003SenateSenate Committee Amendment No. 1 Adopted
  3/13/2003SenateDo Pass as Amended Revenue; 007-001-001
  3/13/2003SenatePlaced on Calendar Order of 2nd Reading March 18, 2003
  3/18/2003SenateHousing Affordability Impact Note Requested by Sen. Chris Lauzen
  3/18/2003SenateFiscal Note Requested by Sen. Chris Lauzen
  3/25/2003SenateFiscal Note Filed As Amended with Committee Amendment No.1
  3/25/2003SenateHousing Affordability Impact Note Filed As Amended with Committee Amendment No. 1
  3/27/2003SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Jacqueline Y. Collins
  3/27/2003SenateSenate Floor Amendment No. 2 Referred to Rules
  4/1/2003SenateState Mandates Fiscal Note Filed as Amended with Committee Amendment No. 1 from the Illinois Community College Board
  4/1/2003SenateState Mandates Fiscal Note Filed as Amended with Committee Amendment No. 1 from the Illinois Community College Board
  4/1/2003SenateFiscal Note Filed as Amended with Committee Amendment No. 1 from the Illinois State Board of Education
  4/1/2003SenateState Mandates Fiscal Note Filed as Amended with Committee Amendment No. 1 from the Illinois State Board of Education
  4/2/2003SenateSenate Floor Amendment No. 2 Rules Refers to Revenue
  4/2/2003SenateSenate Floor Amendment No. 2 Be Adopted Revenue; 008-000-000
  4/2/2003SenateSecond Reading
  4/2/2003SenateSenate Floor Amendment No. 2 Adopted; Collins
  4/2/2003SenatePlaced on Calendar Order of 3rd Reading April 3, 2003
  4/4/2003SenateThird Reading Deadline Extended - Rule 2-10(e) to April 9, 2003.
  4/8/2003SenateThird Reading - Passed; 041-012-000
  4/9/2003HouseArrived in House
  4/9/2003HouseChief House Sponsor Rep. Lovana Jones
  4/9/2003HousePlaced on Calendar Order of First Reading
  4/10/2003HouseFirst Reading
  4/10/2003HouseReferred to Rules Committee
  4/14/2003HouseAssigned to Executive Committee
  5/2/2003HouseCommittee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003
  5/7/2003HouseHousing Affordability Impact Note Filed
  6/1/2003HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2005SenateSession Sine Die

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