O'MALLEY-FARLEY-FITZGERALD AND DILLARD. (ZICKUS-BROSNAHAN) 30 ILCS 805/8.21 new 35 ILCS 200/15-180 Amends the Property Tax Code to increase the maximum homestead improvement exemption to $45,000 beginning January 1, 1998. Amends the State Mandates Act to exempt this amendatory Act from the reimbursement requirements of the State Mandates Act. Effective immediately. FISCAL NOTE (Dept. of Revenue) SB 515 does not have a fiscal impact on this Dept. STATE MANDATES FISCAL NOTE (DCCA) SB 515 creates a "tax exemption mandate". No reimbursement is required due to a statutory provision exempting the exemption and future changes to it from the reimbursement provisions of the State Mandates Act. HOUSE AMENDMENT NO. 1. Deletes reference to: 30 ILCS 805/8.21 new 35 ILCS 200/15-180 Adds reference to: 30 ILCS 805/8.22 new 35 ILCS 200/18-165 35 ILCS 200/18-185 70 ILCS 2605/8 from Ch. 42, par. 327 Deletes everything. Amends the Property Tax Code. Provides that any taxing district, upon a majority vote of its governing authority, may order the county clerk to abate the taxes on property devoted exclusively to affordable housing for older persons. Defines "older households" as those households (i) that qualify as "housing for older persons" under the Illinois Human Rights Act and (ii) whose annual income does not exceed 80% of the area gross median income. Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that for the taxes extended for the 1997 levy year, the recovered tax increment value for a non-home rule taxing district that first became subject to this Law for the 1995 levy year because a majority of its 1994 equalized assessed value was in an affected area shall be increased if a municipality terminated the designation of a redevelopment project area in 1993 by an amount equal to the 1994 equalized assessed value of each taxable piece of real property in the area over and above the initial equalized assessed value of the property. Amends the Metropolitan Water Reclamation District Act. Allows a sanitary district to deposit additional surplus funds into the Local Improvement Revolving Loan Fund. Allows the sanitary district to make loans from the Local Improvement Revolving Loan Fund to municipalities and other units of local government (now, municipalities) to rehabilitate the local sewerage systems. Amends the State Mandates Act to require implementation without reimbursement. Makes provisions severable. 97-02-06 S FIRST READING 97-02-06 S REFERRED TO SENATE RULES COMMITTEE RULES 97-02-19 S ASSIGNED TO COMMITTEE REVENUE 97-02-28 S POSTPONED 97-03-06 S DO PASS 010-000-000 SREV 97-03-06 S PLACED ON CALENDAR ORDER OF 2ND READING 97-03-11 97-03-10 S ADDED AS A CHIEF CO-SPONSOR FITZGERALD 97-03-11 S SECOND READING 97-03-11 S PLACED ON CALENDAR ORDER OF 3RD READING 97-03-12 97-03-13 S ADDED AS A CO-SPONSOR DILLARD 97-03-13 S THIRD READING - PASSED 058-000-000 97-03-13 H ARRIVE IN HOUSE 97-03-13 H PLACED CALENDAR ORDER OF FIRST READING 97-03-20 H HOUSE SPONSOR CROTTY 97-03-20 H FIRST READING 97-03-20 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-21 H ASSIGNED TO COMMITTEE REVENUE 97-04-18 H ADDED AS A JOINT SPONSOR MCKEON 97-05-08 H DO PASS/SHORT DEBATE 011-000-000 HREV 97-05-08 H PLACED CALENDAR 2ND READING-SHORT DEBATE 97-05-08 H FISCAL NOTE REQUESTED MOORE,ANDREA 97-05-08 H STATE MANDATES FISCAL NOTE REQUESTED MOORE,ANDREA 97-05-08 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-05-08 H ADDED AS A JOINT SPONSOR BRADLEY 97-05-12 H FISCAL NOTE FILED 97-05-12 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-05-13 H SECOND READING-SHORT DEBATE 97-05-13 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 97-05-14 H STATE MANDATES FISCAL NOTE FILED 97-05-14 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 97-05-16 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 98-01-14 H ALTERNATE PRIMARY SPONSOR CHANGED TO ZICKUS 98-01-14 H JOINT-ALTERNATE-SPONSOR CHANGED TO BROSNAHAN 98-01-14 H RECOMMENDS CONSIDERATION HRUL 98-01-14 H PLACED CALENDAR 2ND READING-SHORT DEBATE 98-01-14 H AMENDMENT NO. 01-CURRIE 98-01-14 H AMENDMENT REFERRED TO HRUL 98-01-14 H BE APPROVED FOR CONSIDERATION HRUL 98-01-14 H CALENDAR ORDER 2ND READING-SHORT DEBATE 98-01-14 H SECOND READING-SHORT DEBATE 98-01-14 H AMENDMENT NO. 01-CURRIE 98-01-14 H ADOPTED 093-022-000 98-01-14 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 98-01-14 H THIRD READING/SHORT DEBATE/PASSED 087-027-000 98-01-15 S SECRETARYS DESK - CONCURRENCE 01 98-01-15 S FILED WITH SECRETARY 98-01-15 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/O'MALLEY 98-01-15 S MOTION REFERRED TO SRUL 98-01-15 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/O'MALLEY 98-01-15 S BE APPROVED FOR CONSIDERATION SRUL 98-01-15 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/O'MALLEY 98-01-15 S SEN CONCURS IN HSE AMENDMENTS (NO.) 01/053-000-000 98-01-15 S PASSED BOTH HOUSES 98-01-20 S SENT TO THE GOVERNOR 98-01-23 S GOVERNOR APPROVED 98-01-23 S EFFECTIVE DATE 99-01-01 98-01-23 S PUBLIC ACT.............................. 90-0568 END OF INQUIRY Full Text Bill Summary