90th General Assembly
Status of HB0572
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CURRIE-SMITH,MICHAEL-HOLBROOK-BOLAND.

(O'MALLEY-HENDON)

   30 ILCS 805/8.21 new                                                        
   35 ILCS 200/14-15                                                           

        Amends the Property Tax  Code.   Provides  that  certificates  of      
   error allowing homestead exemptions for the Senior Citizens Tax Freeze      
   Homestead  Exemption  not  previously allowed shall be given effect by      
   the county treasurer and the treasurer  shall  issue  refunds  to  the      
   taxpayer  upon  receipt  of  a  certificate  from the county assessor.      
   Allows the county treasurer to mark  the  tax  books  to  reflect  the      
   issuance of a homestead certificate of error issued to and including 3      
   years  after  the  date on which the annual judgment and order of sale      
   for that tax year was first entered (now 2 years after the  first  day      
   of  January  of  the  year  after  the  year  for  which the homestead      
   exemption should have been allowed). States that the  time  limitation      
   for  certificates  of error shall not apply to certificates correcting      
   an assessment to  $1  on  a  parcel  that  a  subdivision  or  planned      
   development  has  acquired by adverse possession if (i) during the tax      
   year  for  which  the  certificate  is  executed  the  subdivision  or      
   development used the parcel as common area and  (ii)  the  application      
   for the certificate is made before December 31, 1997. Amends the State      
   Mandates Act. Requires implementation without reimbursement. Effective      
   immediately.                                                                
          FISCAL NOTE (Dept. of Revenue)                                       
          HB 572 has no fiscal impact on this Dept.                            
          STATE MANDATES FISCAL NOTE                                           
          HB572 creates a tax exemption mandate which requires 100%            
          reimbursement; however, the bill amends the State Mandates           
          Act to require implementation without reimbursement.                 
   97-02-06  H  FIRST READING                                                  
   97-02-06  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   97-02-10  H       ASSIGNED TO COMMITTEE               REVENUE               
   97-03-07  H  ADDED AS A JOINT SPONSOR                 POE                   
   97-03-13  H                     FISCAL NOTE REQUESTED MOORE,A               
   97-03-13  H  STATE MANDATES FISCAL NOTE REQUESTED     MOORE,A               
   97-03-13  H  DO PASS/SHORT DEBATE                     011-000-000   HREV    
   97-03-13  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   97-04-08  H                         FISCAL NOTE FILED                       
   97-04-08  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   97-04-11  H  STATE MANDATES FISCAL NOTE FILED                               
   97-04-11  H  SECOND READING-SHORT DEBATE                                    
   97-04-11  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   97-04-15  H  THIRD READING/SHORT DEBATE/PASSED        116-000-000           
   97-04-15  H  ADDED AS A JOINT SPONSOR                 SMITH,MICHAEL         
   97-04-15  H  ADDED AS A CO-SPONSOR                    HOLBROOK              
   97-04-15  H  ADDED AS A CO-SPONSOR                    BOLAND                
   97-04-16  S  ARRIVE IN SENATE                                               
   97-04-16  S  PLACED CALENDAR ORDER OF FIRST READING                         
   97-04-16  S  CHIEF SPONSOR                            O'MALLEY              
   97-04-17  S  FIRST READING                                                  
   97-04-17  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   97-04-17  S       ASSIGNED TO COMMITTEE               REVENUE               
   97-05-01  S       DO PASS                             010-000-000   SREV    
   97-05-01  S  PLACED ON CALENDAR ORDER OF 2ND READING  97-05-06              
   97-05-07  S  SECOND READING                                                 
   97-05-07  S  PLACED ON CALENDAR ORDER OF 3RD READING  97-05-08              
   97-05-08  S  ADDED AS A CHIEF CO-SPONSOR              HENDON                
   97-05-08  S  THIRD READING - PASSED                   057-000-000           
   97-05-08  H  PASSED BOTH HOUSES                                             
   97-06-06  H  SENT TO THE GOVERNOR                                           
   97-08-01  H  GOVERNOR APPROVED                                              
   97-08-01  H                            EFFECTIVE DATE 97-08-01              
   97-08-01  H  PUBLIC ACT.............................. 90-0288               

   END OF INQUIRY 



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