Illinois General Assembly - Bill Status for HB0829
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 Bill Status of HB0829  94th General Assembly


Short Description:  PROP TX-INTEREST PAYMENT FUNDS

House Sponsors
Rep. Dan Reitz

Senate Sponsors
(Sen. Mike Jacobs)

Last Action
DateChamber Action
  7/29/2005HousePublic Act . . . . . . . . . 94-0362

Statutes Amended In Order of Appearance
35 ILCS 200/21-330
35 ILCS 516/275


Synopsis As Introduced
Amends the Property Tax Code and the Mobile Home Local Services Tax Enforcement Act. Provides that any moneys accumulated in the special fund for the payment of interest by the county treasurer in excess of $100,000 (now, $500,000) must be paid each year prior to the commencement of the annual tax sale, first to satisfy any existing unpaid judgments, and any funds remaining thereafter must be paid to the general fund of the county. Effective immediately.

House Committee Amendment No. 1
In both the Property Tax Code and the Mobile Home Local Services Tax Enforcement Act, provides that any moneys accumulated in the special fund for the payment of interest by the county treasurer in excess of (i) $100,000 in counties with 250,000 or less inhabitants or (ii) $500,000 in counties with more than 250,000 inhabitants (instead of $100,000 for all counties) must be paid each year prior to the commencement of the annual tax sale, first to satisfy any existing unpaid judgments, and any funds remaining thereafter must be paid to the general fund of the county.

Actions 
DateChamber Action
  2/2/2005HouseFiled with the Clerk by Rep. Dan Reitz
  2/2/2005HouseFirst Reading
  2/2/2005HouseReferred to Rules Committee
  2/8/2005HouseAssigned to Executive Committee
  3/10/2005HouseCommittee Deadline Extended-Rule 9(b) March 17, 2005
  3/16/2005HouseHouse Committee Amendment No. 1 Filed with Clerk by Executive Committee
  3/16/2005HouseHouse Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
  3/16/2005HouseDo Pass as Amended / Short Debate Executive Committee; 012-000-000
  3/16/2005HousePlaced on Calendar 2nd Reading - Short Debate
  4/7/2005HouseSecond Reading - Short Debate
  4/7/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/11/2005HouseThird Reading - Short Debate - Passed 112-000-000
  4/12/2005SenateArrive in Senate
  4/12/2005SenatePlaced on Calendar Order of First Reading April 13, 2005
  4/14/2005SenateChief Senate Sponsor Sen. Mike Jacobs
  4/15/2005SenateFirst Reading
  4/15/2005SenateReferred to Rules
  4/21/2005SenateAssigned to Revenue
  5/5/2005SenateDo Pass Revenue; 007-000-000
  5/5/2005SenatePlaced on Calendar Order of 2nd Reading May 10, 2005
  5/11/2005SenateSecond Reading
  5/11/2005SenatePlaced on Calendar Order of 3rd Reading May 12, 2005
  5/18/2005SenateThird Reading - Passed; 056-000-000
  5/18/2005HousePassed Both Houses
  6/16/2005HouseSent to the Governor
  7/29/2005HouseGovernor Approved
  7/29/2005HouseEffective Date July 29, 2005
  7/29/2005HousePublic Act . . . . . . . . . 94-0362

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