Date	Chamber	Action
1/11/2005	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/14-20

35 ILCS 200/15-172

30 ILCS 805/8.27 new

Synopsis As Introduced
Amends the Property Tax Code. Includes disabled persons within the provisions granting an assessment freeze homestead exemption to senior citizens. Changes the name to the Senior Citizens and Disabled Persons Assessment Freeze Homestead Exemption (now Senior Citizens Assessment Freeze Homestead Exemption). Makes corresponding changes to a cross-reference to the exemption. Amends the States Mandates Act to require implementation without reimbursement. Effective immediately.

Senate Committee Amendment No. 1
Makes changes in the definition of "disabled person".

Fiscal Note (Department of Revenue)

The fiscal impact will be shouldered by local government taxing districts due to an increase in those who will qualify for the assessment freeze, thereby reducing the adjusted equalized assessed value of property. The first year, local taxing districts will realize a $19 million decrease in property tax revenues statewide, which will continue to increase as property values increase from year to year.

	Housing Affordability Impact Note (Housing Development Authority)
	Due to the increase in people who will qualify for the assessment freeze, which will reduce the adjusted equalized assessed value of the property. The local taxing districts will realize a $19 million decrease in property tax revenues statewide. This could lead to an increase in property taxes for those who do not qualify for the assessment freeze.

	Fiscal Note (Commerce Commission)
	No fiscal impact.

	Fiscal Note (S-AM1) (Dept of Commerce and Community Affairs)
	No fiscal impact on DCCA. Local taxing districts will incur a fiscal impact due to an increase in those who will qualify for the assessment freeze, thereby reducing the adjusted equalized assessed value of property. During the first year, the local taxing districts will have a $19 million decrease in property tax revenues statewide.

State Mandates Fiscal Note (Illinois Community College System)

Under the State Mandates Act, a "State Mandate" means any State-initiated statutory or executive action that requires a unit of local government to establish, expand, or modify its activities in such a way as to necessitate additional expenditures from local revenues. Each community college is considered a unit of local government. This bill will increase the number of property owners that will be allowed the Homestead exemption. Community colleges receive a substantial amount of their operating revenues through local property taxes. An estimate of the decrease in revenues based on property taxes and EAV's is not available at this time. There is no cost to the ICCB.

Actions 

Date	Chamber	Action
2/18/2003	Senate	Filed with Secretary by Sen. Susan Garrett
2/18/2003	Senate	First Reading
2/18/2003	Senate	Referred to Rules
2/26/2003	Senate	Assigned to Revenue
3/4/2003	Senate	Added as Chief Co-Sponsor Sen. William E. Peterson
3/5/2003	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Susan Garrett
3/5/2003	Senate	Senate Committee Amendment No. 1 Referred to Rules
3/5/2003	Senate	Senate Committee Amendment No. 1 Rules Refers to Revenue
3/5/2003	Senate	Added as Co-Sponsor Sen. Christine Radogno
3/5/2003	Senate	Senate Committee Amendment No. 1 Adopted
3/6/2003	Senate	Do Pass as Amended Revenue; 008-000-000
3/6/2003	Senate	Placed on Calendar Order of 2nd Reading March 11, 2003
3/6/2003	Senate	Fiscal Note Requested by Sen. Chris Lauzen
3/6/2003	Senate	Housing Affordability Impact Note Requested by Sen. Chris Lauzen
3/13/2003	Senate	Fiscal Note Filed
3/19/2003	Senate	Housing Affordability Impact Note Filed
3/21/2003	Senate	Second Reading
3/21/2003	Senate	Placed on Calendar Order of 3rd Reading March 24, 2003
3/25/2003	Senate	Fiscal Note Filed Illinois Commerce Commission
3/25/2003	Senate	Fiscal Note Filed Illinois Department of Commerce and Community Affairs
3/25/2003	Senate	Added as Chief Co-Sponsor Sen. James T. Meeks
3/25/2003	Senate	Added as Chief Co-Sponsor Sen. M. Maggie Crotty
3/25/2003	Senate	Added as Chief Co-Sponsor Sen. Barack Obama
3/25/2003	Senate	Third Reading - Passed; 056-000-000
3/26/2003	House	Arrived in House
3/26/2003	House	Placed on Calendar Order of First Reading
3/26/2003	House	Chief House Sponsor Rep. Kathleen A. Ryg
3/26/2003	House	First Reading
3/26/2003	House	Referred to Rules Committee
3/31/2003	House	Assigned to Revenue Committee
4/1/2003	Senate	State Mandates Fiscal Note Filed as Amended with Senate Committee Amendment No. 1 from the Illinois Community College System
4/4/2003	House	Added Alternate Chief Co-Sponsor Rep. Ed Sullivan, Jr.
4/4/2003	House	Added Alternate Chief Co-Sponsor Rep. JoAnn D. Osmond
4/4/2003	House	Added Alternate Chief Co-Sponsor Rep. Kevin A. McCarthy
4/8/2003	House	Added Alternate Chief Co-Sponsor Rep. Constance A. Howard
4/8/2003	House	Added Alternate Co-Sponsor Rep. Patricia Bailey
4/8/2003	House	Added Alternate Co-Sponsor Rep. Sara Feigenholtz
4/8/2003	House	Added Alternate Co-Sponsor Rep. Monique D. Davis
4/8/2003	House	Added Alternate Co-Sponsor Rep. George Scully, Jr.
4/9/2003	House	Added Alternate Co-Sponsor Rep. Marlow H. Colvin
4/14/2003	House	Added Alternate Co-Sponsor Rep. William Delgado
4/15/2003	House	Added Alternate Co-Sponsor Rep. David E. Miller
4/15/2003	House	Added Alternate Co-Sponsor Rep. Patrick Verschoore
4/16/2003	House	Added Alternate Co-Sponsor Rep. Mary K. O'Brien
4/30/2003	House	Added Alternate Co-Sponsor Rep. Jack McGuire
5/2/2003	House	Rule 19(a) / Re-referred to Rules Committee
5/7/2003	House	Added Alternate Co-Sponsor Rep. Deborah L. Graham
5/13/2003	House	Added Alternate Co-Sponsor Rep. Charles E. Jefferson
5/13/2003	House	Added Alternate Co-Sponsor Rep. Robert Rita
5/14/2003	House	Added Alternate Co-Sponsor Rep. Robin Kelly
1/11/2005	Senate	Session Sine Die

Back To Top