Illinois General Assembly - Bill Status for SB0308
Illinois General Assembly

Previous General Assemblies

 Bill Status of SB0308  94th General Assembly


Short Description:  PROP TAX-FIRE SPRINKLER

Senate Sponsors
Sen. Iris Y. Martinez

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/12-30
35 ILCS 200/15-178 new
720 ILCS 5/17A-1from Ch. 38, par. 17A-1
30 ILCS 805/8.29 new


Synopsis As Introduced
Amends the Property Tax Code. Creates a homestead improvement exemption for the installation and maintenance of a residential fire safety sprinkler system. Provides that homestead properties that (i) have been improved with a fire safety sprinkler system after January 1, 2005 or (ii) have been modified after January 1, 2005 under a safety compliance plan are entitled to a fire safety sprinkler homestead improvement exemption, limited to $2,500 or the actual cost of installation, whichever is less, for the year that the system is installed, and $100 each year thereafter that the system remains in place, when that property is owned and used exclusively for a residential purpose. Further amends the Property Tax Code and the Criminal Code of 1961 to add cross-references. Amends the State Mandates Act to require implementation without reimbursement from the State. Effective immediately.

Actions 
DateChamber Action
  2/15/2005SenateFiled with Secretary by Sen. Iris Y. Martinez
  2/15/2005SenateFirst Reading
  2/15/2005SenateReferred to Rules
  2/17/2005SenateAssigned to Revenue
  2/24/2005SenateTo Subcommittee
  3/18/2005SenateRule 3-9(a) / Re-referred to Rules
  1/9/2007SenateSession Sine Die

Back To Top