Senate Sponsors: GARCIA-DEL VALLE-OBAMA. House Sponsors: TURNER,ART-SILVA-DAVIS,MONIQUE-LOPEZ-GILES Short description: LONGTIME OWN PROP TX-SCHL DIST Synopsis of Bill as introduced: Amends the Longtime Owner-Occupant Property Tax Relief Act. Provides that if the corporate authority of a county with 3,000,000 or more inhabitants enacts an ordinance or resolution designating certain areas eligible for the special property tax relief under the Act, a municipality having a population exceeding 500,000 within that county and a school district in a municipality having a population exceeding 500,000 within that county must participate in the program. Preempts home rule. Effective immediately. SENATE AMENDMENT NO. 1 Adds that the current provisions concerning the participation authority of a municipality or school district do not apply to those governmental bodies governed by the amendatory provisions. FISCAL NOTE (Dpt. Revenue) Does not create a fiscal impact to the State. STATE MANDATES ACT FISCAL NOTE Creates a tax exemption mandate requiring 100% reimbursement. HOME RULE NOTE SB 1370 contains a denial and limitation of home rule powers and functions under subsection (g) of Section 6 of Article VII of the Illinois Constitution. Last action on Bill: PUBLIC ACT.............................. 90-0648 Last action date: 98-07-24 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status