ROSKAM. (FAWELL) 35 ILCS 200/15-65 Amends the Property Tax Code. Provides that property otherwise qualifying for the exemption for charitable purposes shall not lose the exemption because the legal title is held, in certain circumstances, by a limited liability company whose sole members are the institutions of public charity that actually and exclusively use the property for charitable and beneficient purposes. HOUSE AMENDMENT NO. 1. Requires that the institutions of public charity be qualified under paragraph (3) of Section 501(c) of the Internal Revenue Code. Provides that the property may not be leased or otherwise used with a view to profit. HOUSE AMENDMENT NO. 2. Deletes everything. Amends the Property Tax Code. Provides that property otherwise qualifying for the exemption for charitable purposes shall not lose the exemption because the legal title is held for any assessment year including and subsequent to January 1, 1996 for which an application for exemption has been filed and a decision that has not become final and nonappealable by a limited liability company provided that (i) the company receives a notification from the Internal Revenue Service that it qualifies, (ii) the company's sole members are the institutions of public charity that actually and exclusively use the property for charitable and beneficent purposes, and (iii) the company does not lease the property or otherwise use it with a view to profit. 97-02-26 H FIRST READING 97-02-26 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-27 H ASSIGNED TO COMMITTEE REVENUE 97-03-21 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 97-04-09 H AMENDMENT NO. 02-ROSKAM 97-04-09 H AMENDMENT REFERRED TO HRUL 97-04-09 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 97-04-10 H RECALLED TO SECOND READING-SHORT DEBATE 97-04-10 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 97-04-11 H AMENDMENT NO. 02-ROSKAM 97-04-11 H BE ADOPTED HRUL/003-002-000 97-04-11 H FISCAL NOTE REQUESTED DART 97-04-11 H STATE MANDATES FISCAL NOTE REQUESTED DART 97-04-11 H BALANCED BUDGET NOTE REQUESTED DART 97-04-11 H HOME RULE NOTE REQUESTED DART 97-04-11 H LAND CONVEYANCE APPRAISAL REQUESTED DART 97-04-11 H STATE DEBT IMPACT NOTE REQUESTED DART 97-04-11 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 97-04-12 H AMENDMENT NO. 02-ROSKAM 97-04-12 H ADOPTED 97-04-12 H FISCAL NOTE REQUEST-WITHDRAWN DART 97-04-12 H STATE MANDATES FISCAL NOTE REQST-WITHDRN DART 97-04-12 H BALANCED BUDGET NOTE REQUESTED WITHDRAWN/DART 97-04-12 H HOME RULE NOTE REQUESTED WITHDRAWN/DART 97-04-12 H LAND CONVEYANCE APPRAISAL REQUESTED WITHDRAWN/DART 97-04-12 H STATE DEBT IMPACT NOTE REQUESTED WITHDRAWN/DART 97-04-12 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-04-16 H THIRD READING/SHORT DEBATE/PASSED 116-000-000 97-04-17 S ARRIVE IN SENATE 97-04-17 S CHIEF SPONSOR FAWELL 97-04-17 S PLACED CALENDAR ORDER OF FIRST READING 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 97-05-08 S SECOND READING 97-05-08 S PLACED ON CALENDAR ORDER OF 3RD READING 97-05-09 97-05-09 S THIRD READING - PASSED 056-000-000 97-05-09 H PASSED BOTH HOUSES 97-06-06 H SENT TO THE GOVERNOR 97-07-25 H GOVERNOR APPROVED 97-07-25 H EFFECTIVE DATE 98-01-01 97-07-25 H PUBLIC ACT.............................. 90-0207 END OF INQUIRY Full Text Bill Summary