Illinois General Assembly - Bill Status for SB0505
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 Bill Status of SB0505  103rd General Assembly

Short Description:  PROP TAX-SENIOR HOMESTD EXMPTN

Senate Sponsors
Sen. Jacqueline Y. Collins - Bill Brady - William E. Peterson - Wendell E. Jones - Rickey R. Hendon, Mattie Hunter, M. Maggie Crotty, Louis S. Viverito, Adeline Jay Geo-Karis, Barack Obama and Larry D. Woolard

House Sponsors
(Rep. Sidney H. Mathias - Marlow H. Colvin - Kathleen A. Ryg - Patrick Verschoore - Brandon W. Phelps, Michael K. Smith, Naomi D. Jakobsson, Kevin Joyce, Lovana Jones, William Delgado, Robert F. Flider, Mary K. O'Brien, Monique D. Davis, Ed Sullivan, Jr., Elizabeth Coulson, Ruth Munson, Jack D. Franks, Linda Chapa LaVia, Donald L. Moffitt, Karen A. Yarbrough, Deborah L. Graham, Cynthia Soto and Thomas Holbrook)

Last Action
DateChamber Action
  8/11/2003SenatePublic Act . . . . . . . . . 93-0511

Statutes Amended In Order of Appearance
35 ILCS 200/15-170
30 ILCS 805/8.2from Ch. 85, par. 2208.2


Synopsis As Introduced
Amends the senior citizens homestead exemption provisions in the Property Tax Code. Provides that beginning with assessment year 2003, for taxes payable in 2004, property that is first occupied as a residence after January 1 of any assessment year by a person who is eligible for the senior citizens homestead exemption must be granted a pro-rata exemption for the assessment year. The amount of the pro-rata exemption is the senior citizens homestead exemption allowed in the county divided by 365 and multiplied by the number of days during the year the property is occupied as a residence by a person eligible for the exemption. The chief county assessment officer must adopt reasonable procedures to establish eligibility for the pro-rata exemption. Amends the State Mandates Act to restate that the senior citizens homestead exemption is exempt from the requirements of the State Mandates Act and further amends the Property Tax Code to state that the senior citizens homestead exemption is exempt from the requirements of the State Mandates Act. Effective immediately.

 Fiscal Note (Department of Revenue)
 Senate Bill 505 does not create a fiscal impact for the Department of Revenue or the State of Illinois.

 Fiscal Note (State Board of Education)
 HB 505 creates a tax exemption mandate for local school districts; however, it is specifically exempt from state reimbursement under the State Mandates Act. The State Board of Education has no data on the number of senior citizens who claim the homestead exemptions or how many may be in a position to claim a portion of the exemption under SB 505 because they have moved during the year.

 Fiscal Note (Dept of Commerce and Community Affairs)
 No fiscal impact on DCCA. The extent of fiscal impact to local governments cannot be determined.

Actions 
DateChamber Action
  2/18/2003SenateFiled with Secretary by Sen. Jacqueline Y. Collins
  2/18/2003SenateFirst Reading
  2/18/2003SenateReferred to Rules
  2/19/2003SenateAssigned to Revenue
  2/21/2003SenateAdded as Co-Sponsor Sen. Bill Brady
  2/26/2003SenateSponsor Removed Sen. Bill Brady
  2/26/2003SenateAdded as Chief Co-Sponsor Sen. Bill Brady
  2/27/2003SenateAdded as Chief Co-Sponsor Sen. William E. Peterson
  2/27/2003SenateAdded as Chief Co-Sponsor Sen. Wendell E. Jones
  2/27/2003SenateFiscal Note Requested by Sen. Chris Lauzen; Board of Education
  2/27/2003SenateDo Pass Revenue; 009-000-000
  2/27/2003SenatePlaced on Calendar Order of 2nd Reading February 28, 2003
  2/28/2003SenateAdded as Co-Sponsor Sen. Mattie Hunter
  3/5/2003SenateFiscal Note Filed
  3/13/2003SenateSecond Reading
  3/13/2003SenatePlaced on Calendar Order of 3rd Reading March 18, 2003
  3/18/2003SenateFiscal Note Filed
  3/20/2003SenateAdded as Chief Co-Sponsor Sen. Rickey R. Hendon
  3/20/2003SenateAdded as Co-Sponsor Sen. M. Maggie Crotty
  3/20/2003SenateAdded as Co-Sponsor Sen. Louis S. Viverito
  3/20/2003SenateAdded as Co-Sponsor Sen. Adeline Jay Geo-Karis
  3/25/2003SenateFiscal Note Filed
  3/25/2003SenateAdded as Co-Sponsor Sen. Barack Obama
  3/25/2003SenateAdded as Co-Sponsor Sen. Larry D. Woolard
  3/25/2003SenateThird Reading - Passed; 054-000-000
  3/26/2003HouseArrived in House
  3/26/2003HousePlaced on Calendar Order of First Reading
  3/28/2003HouseChief House Sponsor Rep. Sidney H. Mathias
  3/28/2003HouseFirst Reading
  3/28/2003HouseReferred to Rules Committee
  4/9/2003HouseAdded Alternate Chief Co-Sponsor Rep. Marlow H. Colvin
  4/10/2003HouseAdded Alternate Chief Co-Sponsor Rep. Kathleen A. Ryg
  4/14/2003HouseAdded Alternate Chief Co-Sponsor Rep. Patrick Verschoore
  4/14/2003HouseAdded Alternate Chief Co-Sponsor Rep. Brandon W. Phelps
  4/14/2003HouseAdded Alternate Co-Sponsor Rep. Michael K. Smith
  4/14/2003HouseAdded Alternate Co-Sponsor Rep. Naomi D. Jakobsson
  4/14/2003HouseAdded Alternate Co-Sponsor Rep. Kevin Joyce
  4/14/2003HouseAdded Alternate Co-Sponsor Rep. Lovana Jones
  4/14/2003HouseAdded Alternate Co-Sponsor Rep. William Delgado
  4/15/2003HouseAdded Alternate Co-Sponsor Rep. Robert F. Flider
  4/16/2003HouseAdded Alternate Co-Sponsor Rep. Mary K. O'Brien
  5/1/2003HouseAssigned to Revenue Committee
  5/2/2003HouseCommittee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003
  5/8/2003HouseAdded Alternate Co-Sponsor Rep. Ed Sullivan, Jr.
  5/9/2003HouseDo Pass / Short Debate Revenue Committee; 005-000-000
  5/9/2003HousePlaced on Calendar 2nd Reading - Short Debate
  5/13/2003HouseSecond Reading - Short Debate
  5/13/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/13/2003HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis
  5/20/2003HouseAdded Alternate Co-Sponsor Rep. Elizabeth Coulson
  5/20/2003HouseAdded Alternate Co-Sponsor Rep. Ruth Munson
  5/20/2003HouseAdded Alternate Co-Sponsor Rep. Jack D. Franks
  5/20/2003HouseAdded Alternate Co-Sponsor Rep. Linda Chapa LaVia
  5/20/2003HouseAdded Alternate Co-Sponsor Rep. Donald L. Moffitt
  5/20/2003HouseAdded Alternate Co-Sponsor Rep. Karen A. Yarbrough
  5/20/2003HouseAdded Alternate Co-Sponsor Rep. Deborah L. Graham
  5/20/2003HouseAdded Alternate Co-Sponsor Rep. Cynthia Soto
  5/20/2003HouseThird Reading - Short Debate - Passed 115-000-000
  5/20/2003SenatePassed Both Houses
  5/20/2003HouseAdded Alternate Co-Sponsor Rep. Thomas Holbrook
  6/18/2003SenateSent to the Governor
  8/11/2003SenateGovernor Approved
  8/11/2003SenateEffective Date August 11, 2003
  8/11/2003SenatePublic Act . . . . . . . . . 93-0511

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