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SB1911 - 104th General Assembly
PROP TX-AFFORDABLE HOUSING
Last Action
Senate Sponsors
Sen. Elgie R. Sims, Jr. - Sara Feigenholtz - Don Harmon - Mattie Hunter, Graciela Guzmán, Robert Peters, Mark L. Walker, Javier L. Cervantes, Mike Simmons, Kimberly A. Lightford, Karina Villa, Mary Edly-Allen, Adriane Johnson and Cristina CastroHouse Sponsors
(Rep. Curtis J. Tarver, II)Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Code. Provides that a county opting out of the special assessment programs to reduce the assessed value of certain residential real property shall not disqualify or shorten the maximum eligibility periods for any property approved to receive a reduced valuation prior to the county opting out. Requires that the special assessment programs be available to all qualifying residential real property regardless of whether or not the property has or is currently receiving any other public financing or subsidies or subject to any regulatory agreements with any public entity, or both. If an owner is approved for the reduced valuation prior to December 31, 2037 and the provisions are not subsequently extended, this shall not disqualify or shorten the maximum eligibility periods for any property approved to receive a reduced valuation. Provides that, if the chief county assessment officer has not created application forms, the chief county assessment officer shall make publicly available and accept applications forms that shall be available to local governments from the Illinois Department of Revenue. If a county Internet website exists, the application materials, as well as any other program requirements used by the county (such as application deadlines, fees, and other procedures required by the application) must be published on that website, otherwise it must be available to the public upon request at the office of the chief county assessment officer. On an annual basis, requires the Illinois Housing Development Authority to calculate and make available on its website the minimum per square foot expenditure requirements to be applicable statewide to be eligible for the reduced valuation, which shall include the historical annual expenditure requirements starting with calendar year 2021. Changes reference to improvements to existing residential real property to substantially rehabilitated residential real property. Makes other changes.
Senate Committee Amendment No. 1
Provides that a property owner may apply for the reduction in assessed valuation under an affordable housing program through December 31, 2034 (in the introduced bill, December 31, 2037).
Senate Committee Amendment No. 2
Replaces references to substantially rehabilitated residential real property with the term qualifying rehabilitation of a residential real property. Changes references from qualifying residential real property to qualifying developments. Defines "qualifying development". Requires the Department of Revenue to publish on its website data concerning increases, if any, in the Consumer Price Index. Provides that the minimum per square foot expenditure requirements to be applicable statewide as of April 1 of each year to be eligible for the reduced valuation shall be based on the Consumer Price Index data on the Department of Revenue's website. Provides that, in counties with a population of 3,000,000 or more, by March 15 of each year, the county assessor shall calculate and make available on its website the minimum per square foot expenditure requirements for the Affordable Housing Special Assessment Program. Makes other changes.
Senate Floor Amendment No. 3
Specifies, for purposes of the Act, that, only in counties with a population of 3,000,000 or more, may a portfolio of properties consisting of 7 or more total rental dwelling units across 2 or more multifamily rental buildings that meet certain requirements be considered a qualifying development.
House Floor Amendment No. 1
Deletes reference to:
Adds reference to:
35 ILCS 5/203from Ch. 120, par. 2-203
35 ILCS 5/701from Ch. 120, par. 7-701
Replaces everything after the enacting clause. Amends the State Finance Act. Provides that the sum of $17,653,153 shall be transferred from the General Revenue Fund to the Audit Expense Fund. Amends the Illinois Income Tax Act. Removes provisions providing that the pass-through entity level election applies only for tax years beginning prior to January 1, 2026. Provides that an addition modification and corresponding deduction for a bonus depreciation deduction under subsection (k) of Section 168 of the Internal Revenue Code also apply to a bonus depreciation deduction for qualified production property under subsection (n) of Section 168 of the Internal Revenue Code. Amends the Film Production Services Tax Credit Act of 2008. Makes changes concerning the credit amount. Provides that wages paid to no more than 2 executive producers per accredited production may be considered Illinois labor expenditures. Creates an exception to the 2-producer limitation for executive producers who receive compensation for other positions on the accredited production. Makes changes concerning conditions under which wages paid to nonresidents qualify as Illinois labor expenditures. Provides that no new credits may be awarded under the Act for tax years beginning on or after January 1, 2039. Amends the Illinois Income Tax Act. Provides that, with respect to compensation paid for in-State services performed for an accredited production under the Film Production Services Tax Credit Act, if the compensation is paid through a loan out company, then the production company or its authorized payroll service company shall withhold taxes on that compensation. Effective immediately.
House Floor Amendment No. 3
Adds reference to:
New Act
Adds provisions creating the Statewide Innovation Development and Economy Act. Provides that the purpose of the Act is to assist in the development and redevelopment of major tourism, entertainment, retail, and related projects within eligible areas of the State by authorizing municipalities and counties to issue sales tax and revenue (STAR) bonds for the financing of STAR bond projects and to otherwise exercise the powers and authorities granted to municipalities to provide incentives to create new job opportunities and to promote major tourism, entertainment, retail, and related projects within the State. Provides that the Office of the Governor, in consultation with the Department of Commerce and Economic Opportunity, shall have final approval of all STAR bond districts and STAR bond projects established under the Act, which may be established throughout the 10 Economic Development Regions in the State.
House Floor Amendment No. 4
Makes changes to the Statewide Innovation Development and Economy Act concerning project labor agreements.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/06/2025 | Senate | Filed with Secretary by Sen. Mattie Hunter |
| 2/06/2025 | Senate | First Reading |
| 2/06/2025 | Senate | Referred to Assignments |
| 3/04/2025 | Senate | Added as Co-Sponsor Sen. Graciela Guzmán |
| 3/12/2025 | Senate | Assigned to Executive |
| 3/13/2025 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mattie Hunter |
| 3/13/2025 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 3/18/2025 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Executive |
| 3/19/2025 | Senate | Added as Co-Sponsor Sen. Robert Peters |
| 3/19/2025 | Senate | Added as Co-Sponsor Sen. Mark L. Walker |
| 3/19/2025 | Senate | Added as Co-Sponsor Sen. Javier L. Cervantes |
| 3/21/2025 | Senate | Rule 2-10 Committee Deadline Established As April 4, 2025 |
| 3/24/2025 | Senate | Added as Co-Sponsor Sen. Mike Simmons |
| 3/24/2025 | Senate | Added as Chief Co-Sponsor Sen. Sara Feigenholtz |
| 4/01/2025 | Senate | Senate Committee Amendment No. 2 Filed with Secretary by Sen. Mattie Hunter |
| 4/01/2025 | Senate | Senate Committee Amendment No. 2 Referred to Assignments |
| 4/02/2025 | Senate | Senate Committee Amendment No. 2 Assignments Refers to Executive |
| 4/03/2025 | Senate | Senate Committee Amendment No. 1 Adopted |
| 4/03/2025 | Senate | Senate Committee Amendment No. 2 Adopted |
| 4/03/2025 | Senate | Do Pass as Amended Executive; 012-000-000 |
| 4/03/2025 | Senate | Placed on Calendar Order of 2nd Reading April 4, 2025 |
| 4/04/2025 | Senate | Added as Co-Sponsor Sen. Kimberly A. Lightford |
| 4/04/2025 | Senate | Added as Co-Sponsor Sen. Karina Villa |
| 4/04/2025 | Senate | Added as Co-Sponsor Sen. Mary Edly-Allen |
| 4/07/2025 | Senate | Added as Co-Sponsor Sen. Adriane Johnson |
| 4/10/2025 | Senate | Senate Floor Amendment No. 3 Filed with Secretary by Sen. Mattie Hunter |
| 4/10/2025 | Senate | Senate Floor Amendment No. 3 Referred to Assignments |
| 4/10/2025 | Senate | Added as Chief Co-Sponsor Sen. Don Harmon |
| 4/10/2025 | Senate | Second Reading |
| 4/10/2025 | Senate | Placed on Calendar Order of 3rd Reading April 11, 2025 |
| 4/11/2025 | Senate | Added as Co-Sponsor Sen. Cristina Castro |
| 4/11/2025 | Senate | Rule 2-10 Third Reading Deadline Established As May 9, 2025 |
| 4/23/2025 | Senate | Senate Floor Amendment No. 3 Assignments Refers to Executive |
| 5/01/2025 | Senate | Senate Floor Amendment No. 3 Recommend Do Adopt Executive; 011-000-000 |
| 5/08/2025 | Senate | Recalled to Second Reading |
| 5/08/2025 | Senate | Senate Floor Amendment No. 3 Adopted; Harmon |
| 5/08/2025 | Senate | Placed on Calendar Order of 3rd Reading |
| 5/08/2025 | Senate | Third Reading - Passed; 054-000-000 |
| 5/08/2025 | House | Arrived in House |
| 5/08/2025 | House | Chief House Sponsor Rep. Will Guzzardi |
| 5/09/2025 | House | First Reading |
| 5/09/2025 | House | Referred to Rules Committee |
| 5/09/2025 | House | Added Alternate Chief Co-Sponsor Rep. Martha Deuter |
| 5/13/2025 | House | Assigned to Revenue & Finance Committee |
| 5/13/2025 | House | Committee/Final Action Deadline Extended-9(b) May 31, 2025 |
| 5/22/2025 | House | Do Pass / Short Debate Revenue & Finance Committee; 019-000-000 |
| 5/22/2025 | House | Added Alternate Chief Co-Sponsor Rep. Curtis J. Tarver, II |
| 5/22/2025 | House | Placed on Calendar 2nd Reading - Short Debate |
| 5/22/2025 | House | Second Reading - Short Debate |
| 5/22/2025 | House | Held on Calendar Order of Second Reading - Short Debate |
| 5/29/2025 | House | Added Alternate Co-Sponsor Rep. Norma Hernandez |
| 5/29/2025 | House | Added Alternate Co-Sponsor Rep. Lindsey LaPointe |
| 5/29/2025 | House | Added Alternate Co-Sponsor Rep. Abdelnasser Rashid |
| 5/29/2025 | House | Added Alternate Co-Sponsor Rep. Kevin John Olickal |
| 5/29/2025 | House | Added Alternate Co-Sponsor Rep. Nabeela Syed |
| 5/29/2025 | House | Added Alternate Co-Sponsor Rep. Thaddeus Jones |
| 5/29/2025 | House | Added Alternate Co-Sponsor Rep. Aarón M. Ortíz |
| 5/31/2025 | House | Third Reading/Final Action Deadline Extended-9(b) June 1, 2025 |
| 6/01/2025 | House | Rule 19(a) / Re-referred to Rules Committee |
| 10/14/2025 | House | Approved for Consideration Rules Committee; 003-002-000 |
| 10/14/2025 | House | Placed on Calendar 2nd Reading - Short Debate |
| 10/27/2025 | House | Alternate Chief Co-Sponsor Removed Rep. Curtis J. Tarver, II |
| 10/27/2025 | House | Alternate Chief Sponsor Changed to Rep. Curtis J. Tarver, II |
| 10/27/2025 | House | Alternate Chief Co-Sponsor Removed Rep. Martha Deuter |
| 10/27/2025 | House | Alternate Co-Sponsor Removed Rep. Norma Hernandez |
| 10/27/2025 | House | Alternate Co-Sponsor Removed Rep. Lindsey LaPointe |
| 10/27/2025 | House | Alternate Co-Sponsor Removed Rep. Abdelnasser Rashid |
| 10/27/2025 | House | Alternate Co-Sponsor Removed Rep. Kevin John Olickal |
| 10/27/2025 | House | Alternate Co-Sponsor Removed Rep. Nabeela Syed |
| 10/27/2025 | House | Alternate Co-Sponsor Removed Rep. Thaddeus Jones |
| 10/27/2025 | House | Alternate Co-Sponsor Removed Rep. Aarón M. Ortíz |
| 10/28/2025 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. Curtis J. Tarver, II |
| 10/28/2025 | House | House Floor Amendment No. 1 Referred to Rules Committee |
| 10/29/2025 | House | House Floor Amendment No. 1 Rules Refers to Revenue & Finance Committee |
| 10/29/2025 | House | House Floor Amendment No. 1 Recommends Be Adopted Revenue & Finance Committee; 012-005-000 |
| 10/29/2025 | House | House Floor Amendment No. 2 Filed with Clerk by Rep. Curtis J. Tarver, II |
| 10/29/2025 | House | House Floor Amendment No. 2 Referred to Rules Committee |
| 10/30/2025 | House | House Floor Amendment No. 3 Filed with Clerk by Rep. Jay Hoffman |
| 10/30/2025 | House | House Floor Amendment No. 3 Referred to Rules Committee |
| 10/30/2025 | House | House Floor Amendment No. 3 Rules Refers to Revenue & Finance Committee |
| 10/30/2025 | House | House Floor Amendment No. 4 Filed with Clerk by Rep. Jay Hoffman |
| 10/30/2025 | House | House Floor Amendment No. 4 Referred to Rules Committee |
| 10/30/2025 | House | House Floor Amendment No. 4 Rules Refers to Revenue & Finance Committee |
| 10/30/2025 | House | House Floor Amendment No. 3 Recommends Be Adopted Revenue & Finance Committee; 014-002-000 |
| 10/30/2025 | House | House Floor Amendment No. 4 Recommends Be Adopted Revenue & Finance Committee; 017-000-000 |
| 10/30/2025 | House | House Floor Amendment No. 1 Adopted |
| 10/30/2025 | House | House Floor Amendment No. 3 Adopted |
| 10/30/2025 | House | House Floor Amendment No. 4 Adopted |
| 10/30/2025 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 10/30/2025 | House | Third Reading - Short Debate - Passed 076-033-000 |
| 10/30/2025 | House | House Floor Amendment No. 2 Tabled |
| 10/30/2025 | Senate | Secretary's Desk - Concurrence House Amendment(s) 1, 3, 4 |
| 10/30/2025 | Senate | Placed on Calendar Order of Concurrence House Amendment(s) 1, 3, 4 - October 30, 2025 |
| 10/30/2025 | Senate | House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Elgie R. Sims, Jr. |
| 10/30/2025 | Senate | House Floor Amendment No. 1 Motion to Concur Referred to Assignments |
| 10/30/2025 | Senate | House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Elgie R. Sims, Jr. |
| 10/30/2025 | Senate | House Floor Amendment No. 3 Motion to Concur Referred to Assignments |
| 10/30/2025 | Senate | House Floor Amendment No. 4 Motion to Concur Filed with Secretary Sen. Elgie R. Sims, Jr. |
| 10/30/2025 | Senate | House Floor Amendment No. 4 Motion to Concur Referred to Assignments |
| 10/30/2025 | Senate | Chief Sponsor Changed to Sen. Elgie R. Sims, Jr. |
| 10/31/2025 | Senate | House Floor Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments |
| 10/31/2025 | Senate | House Floor Amendment No. 3 Motion to Concur Be Approved for Consideration Assignments |
| 10/31/2025 | Senate | House Floor Amendment No. 4 Motion to Concur Be Approved for Consideration Assignments |
| 10/31/2025 | Senate | 3/5 Vote Required |
| 10/31/2025 | Senate | House Floor Amendment No. 1 Senate Concurs 037-019-001 |
| 10/31/2025 | Senate | 3/5 Vote Required |
| 10/31/2025 | Senate | House Floor Amendment No. 3 Senate Concurs 037-019-001 |
| 10/31/2025 | Senate | 3/5 Vote Required |
| 10/31/2025 | Senate | House Floor Amendment No. 4 Senate Concurs 037-019-001 |
| 10/31/2025 | Senate | Senate Concurs |
| 10/31/2025 | Senate | Passed Both Houses |
| 10/31/2025 | Senate | Added as Chief Co-Sponsor Sen. Mattie Hunter |