92nd General Assembly
Status of SB0573
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LAUZEN.

(CURRIE)

   35 ILCS 200/27-93 new                                                       

        Amends the Property Tax Code.  Requires the corporate authorities      
   of a municipality or county to refund excess  revenues  in  a  special      
   service  area  fund  based  upon  each  special  service area parcel's      
   proportionate share of the total equalized assessed valuation  of  all      
   parcels  within  the  special service area.  Authorizes the refund for      
   excess revenues existing at the end of the life of the special service      
   area, and provides that the county or municipality may deduct up to 5%      
   of the amount refunded to cover the administrative costs in making the      
   refund.                                                                     
   FEB-21-2001  S  FIRST READING                                                  
   FEB-21-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               REVENUE               
   MAR-29-2001  S       DO PASS                             008-000-000   SREV    
   MAR-29-2001  S  PLACED ON CALENDAR ORDER OF 2ND READING  01-03-30              
   MAR-30-2001  S  SECOND READING                                                 
   MAR-30-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-04-02              
   APR-03-2001  S  THIRD READING - PASSED                   054-000-000           
   APR-03-2001  H  ARRIVE IN HOUSE                                                
   APR-03-2001  H  PLACED CALENDAR ORDER OF FIRST READING                         
   APR-03-2001  H  HOUSE SPONSOR                            CURRIE                
   APR-04-2001  H  FIRST READING                                                  
   APR-04-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   APR-06-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   MAY-03-2001  H  DO PASS/SHORT DEBATE                     011-000-000   HREV    
   MAY-03-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   MAY-08-2001  H  SECOND READING-SHORT DEBATE                                    
   MAY-08-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   MAY-09-2001  H  THIRD READING/SHORT DEBATE/PASSED        116-000-000           
   MAY-09-2001  S  PASSED BOTH HOUSES                                             
   JUN-07-2001  S  SENT TO THE GOVERNOR                                           
   AUG-02-2001  S  GOVERNOR APPROVED                                              
   AUG-02-2001  S                            EFFECTIVE DATE 02-01-01              
   AUG-02-2001  S  PUBLIC ACT.............................. 92-0226               

   END OF INQUIRY 



 Full Text  Bill Summary