IL SB2315 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Moderate Partisan Bill (Democrat 26-6)
Status: Engrossed on March 29 2023 - 50% progression
Action: 2024-03-14 - Added as Co-Sponsor Sen. Jil Tracy
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

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.

Tracking Information

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Title

INC TX-STANDARD EXEMPTION

Sponsors


Roll Calls

2023-11-09 - House - Third Reading in House (Y: 103 N: 0 NV: 4 Abs: 0) [PASS]
2023-03-29 - Senate - Motion in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2024-03-14SenateAdded as Co-Sponsor Sen. Jil Tracy
2023-12-10SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
2023-11-13SenateAdded as Co-Sponsor Sen. Mike Porfirio
2023-11-09SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - November 9, 2023
2023-11-09SenateSecretary's Desk - Concurrence House Amendment(s) 1
2023-11-09HouseAdded Alternate Co-Sponsor Rep. Michael J. Kelly
2023-11-09HouseAdded Alternate Co-Sponsor Rep. Fred Crespo
2023-11-09HouseAdded Alternate Co-Sponsor Rep. Mary Gill
2023-11-09HouseAdded Alternate Chief Co-Sponsor Rep. Harry Benton
2023-11-09HouseAdded Alternate Chief Co-Sponsor Rep. La Shawn K. Ford
2023-11-09HouseThird Reading - Short Debate - Passed 103-000-001
2023-11-09House3/5 Vote Required
2023-11-09HouseAdded Alternate Co-Sponsor Rep. Kevin Schmidt
2023-11-09HousePlaced on Calendar Order of 3rd Reading - Short Debate
2023-11-09HouseHouse Floor Amendment No. 1 Adopted
2023-11-09HouseRecalled to Second Reading - Short Debate
2023-11-09HouseHouse Floor Amendment No. 1 Recommends Be Adopted Executive Committee; 012-000-000
2023-11-09HouseHouse Floor Amendment No. 1 Rules Refers to Executive Committee
2023-11-08HouseHouse Floor Amendment No. 1 Referred to Rules Committee
2023-11-08HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Stephanie A. Kifowit
2023-11-08HouseAdded Alternate Co-Sponsor Rep. Matt Hanson
2023-11-07HousePlaced on Calendar Order of 3rd Reading - Short Debate
2023-11-07HouseApproved for Consideration Rules Committee; 004-000-000
2023-05-31HouseRule 19(a) / Re-referred to Rules Committee
2023-05-19HouseThird Reading/Final Action Deadline Extended-9(b) May 31, 2023
2023-05-12HouseThird Reading/Final Action Deadline Extended-9(b) May 19, 2023
2023-05-03HousePlaced on Calendar Order of 3rd Reading - Short Debate
2023-05-03HouseSecond Reading - Short Debate
2023-04-27HouseAdded Alternate Co-Sponsor Rep. Marcus C. Evans, Jr.
2023-04-27HouseAdded Alternate Co-Sponsor Rep. Dave Vella
2023-04-26HousePlaced on Calendar 2nd Reading - Short Debate
2023-04-26HouseDo Pass / Short Debate Revenue & Finance Committee; 019-000-000
2023-04-25HouseAdded Alternate Co-Sponsor Rep. Robert "Bob" Rita
2023-04-25HouseAdded Alternate Co-Sponsor Rep. Katie Stuart
2023-04-25HouseAdded Alternate Co-Sponsor Rep. Hoan Huynh
2023-04-25HouseAdded Alternate Co-Sponsor Rep. Martin J. Moylan
2023-04-25HouseAdded Alternate Co-Sponsor Rep. Abdelnasser Rashid
2023-04-20HouseAlternate Co-Sponsor Removed Rep. Harry Benton
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Mary E. Flowers
2023-04-20HouseAdded Alternate Chief Co-Sponsor Rep. Sue Scherer
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Margaret Croke
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Kevin John Olickal
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Sharon Chung
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Lance Yednock
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Gregg Johnson
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Lindsey LaPointe
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Michael J. Coffey, Jr.
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Dennis Tipsword, Jr.
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Travis Weaver
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Bradley Fritts
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Edgar Gonzalez, Jr.
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Jaime M. Andrade, Jr.
2023-04-20HouseAdded Alternate Co-Sponsor Rep. Harry Benton
2023-04-18HouseAssigned to Revenue & Finance Committee
2023-04-11HouseReferred to Rules Committee
2023-04-11HouseFirst Reading
2023-03-31HouseAlternate Chief Sponsor Changed to Rep. Stephanie A. Kifowit
2023-03-31HouseChief House Sponsor Rep. Jenn Ladisch Douglass
2023-03-30HouseArrived in House
2023-03-29SenateThird Reading - Passed; 057-000-000
2023-03-23SenatePlaced on Calendar Order of 3rd Reading ** March 24, 2023
2023-03-10SenatePlaced on Calendar Order of 3rd Reading March 21, 2023
2023-03-10SenateSecond Reading
2023-03-09SenatePlaced on Calendar Order of 2nd Reading March 10, 2023
2023-03-09SenateDo Pass Revenue; 009-000-000
2023-02-28SenateAssigned to Revenue
2023-02-10SenateReferred to Assignments
2023-02-10SenateFirst Reading
2023-02-10SenateFiled with Secretary by Sen. Celina Villanueva

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355204Amended CodeCitation Text

Illinois State Sources


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