SCHOENBERG-RONEN-SLONE-MOORE,ANDREA-BIGGERT, LOPEZ AND ERWIN. (PARKER-BERMAN-LAUZEN) 35 ILCS 200/10-40 35 ILCS 200/10-60 35 ILCS 200/10-80 Amends the Property Tax Code. Provides that owner-occupied multi-family residences may qualify as historic residences and be eligible for the certificate of rehabilitation and special valuation during an 8-year valuation period. Makes changes to conform the treatment of historic owner-occupied multi-family residences to that of historic owner-occupied single family residences or historic cooperatives. HOUSE AMENDMENT NO. 1. Defines "owner-occupied single family residence" as a residence in which the title holder of record (i) holds fee simple ownership and (ii) occupies the property as his, her, or their principal residence (now, a residence in which only the title holder of record (i) holds fee simple ownership and (ii) occupies the entire residence). Defines "owner-occupied multi-family residence" as residential property comprised of not more than 6 living units in which the title holder of record (i) holds fee simple ownership and (ii) occupies one unit as his, her, or their principal residence, and the remaining units may be leased (now a residence in which only the title holder of record (i) holds fee simple ownership and (ii) occupies one unit of the entire residence, in which not more than 4 units total may exist, and the remaining units may be occupied by lessees). Deletes definition of "units". STATE MANDATES FISCAL NOTE, H-am 1 In the opinion of DCCA, HB982, as amended by Amendment 1, fails to create a State mandate under the State Mandates Act. FISCAL NOTE, H-am 1 (Dept. of Revenue) HB 982 has no fiscal impact on this Dept. 97-02-26 H FIRST READING 97-02-26 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-27 H ASSIGNED TO COMMITTEE REVENUE 97-03-12 H ADDED AS A JOINT SPONSOR RONEN 97-03-20 H ADDED AS A CO-SPONSOR SLONE 97-03-21 H AMENDMENT NO. 01-REVENUE H 97-03-21 H ADOPTED 97-03-21 H DO PASS AMENDED/SHORT DEBATE 011-000-000 HREV 97-03-21 H PLACED CALENDAR 2ND READING-SHORT DEBATE 97-03-21 H FISCAL NOTE REQUESTED AS AMENDED/MOORE,A 97-03-21 H STATE MANDATES FISCAL NOTE REQUESTED AS AMENDED/MOORE,A 97-03-21 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-03-21 H ADDED AS A CO-SPONSOR MOORE,ANDREA 97-03-21 H ADDED AS A CO-SPONSOR BIGGERT 97-04-07 H STATE MANDATES FISCAL NOTE FILED AS AMENDED 97-04-07 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-04-08 H FISCAL NOTE FILED AS AMENDED 97-04-08 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-04-10 H SECOND READING-SHORT DEBATE 97-04-10 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-04-12 H THIRD READING/SHORT DEBATE/PASSED 115-000-000 97-04-12 H ADDED AS A CO-SPONSOR LOPEZ 97-04-12 H ADDED AS A CO-SPONSOR ERWIN 97-04-14 S ARRIVE IN SENATE 97-04-14 S PLACED CALENDAR ORDER OF FIRST READING 97-04-14 S CHIEF SPONSOR PARKER 97-04-14 S FIRST READING 97-04-14 S REFERRED TO SENATE RULES COMMITTEE RULES 97-04-15 S ADDED AS A CHIEF CO-SPONSOR BERMAN 97-04-29 S ASSIGNED TO COMMITTEE REVENUE 97-05-07 S ADDED AS A CHIEF CO-SPONSOR LAUZEN 97-05-08 S DO PASS 010-000-000 SREV 97-05-08 S PLACED ON CALENDAR ORDER OF 2ND READING 97-05-09 97-05-09 S SECOND READING 97-05-09 S PLACED ON CALENDAR ORDER OF 3RD READING 97-05-12 97-05-13 S THIRD READING - PASSED 057-000-000 97-05-13 H PASSED BOTH HOUSES 97-06-11 H SENT TO THE GOVERNOR 97-07-14 H GOVERNOR APPROVED 97-07-14 H EFFECTIVE DATE 98-01-01 97-07-14 H PUBLIC ACT.............................. 90-0114 END OF INQUIRY Full Text Bill Summary