Illinois General Assembly - Full Text of SB1711
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Full Text of SB1711  102nd General Assembly

SB1711sam001 102ND GENERAL ASSEMBLY

Sen. Cristina Castro

Filed: 4/8/2021

 

 


 

 


 
10200SB1711sam001LRB102 11477 HLH 24463 a

1
AMENDMENT TO SENATE BILL 1711

2    AMENDMENT NO. ______. Amend Senate Bill 1711 on page 5, by
3replacing lines 18 through 21 with the following:
4"amount of such expenditures must (i) equal $5,000 or more and
5or (ii) exceed the adjusted basis of the qualified historic
6structure on the first day the qualified rehabilitation plan
7commenced. If the qualified rehabilitation plan spans
8multiple"; and
 
9on page 10, line 16, by replacing "qualified historic
10structure" with "qualified historic structure"; and
 
11on page 11, line 16, by replacing "calendar application" with
12"calendar year application"; and
 
13on page 12, by replacing lines 14 and 15 with the following:
14"effective date of this Act, to hire a qualified third party to
15prepare a"; and
 

 

 

10200SB1711sam001- 2 -LRB102 11477 HLH 24463 a

1on page 15, line 24, by replacing "application" with
2"allocation application"; and
 
3on page 16, line 11, by replacing "Applicant" with "qualified
4taxpayer Applicant".