Illinois General Assembly - Bill Status for SB1432
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 Bill Status of SB1432  98th General Assembly


Short Description:  TAX EXMPT-LOCAL PROPERTY REHAB

Senate Sponsors
Sen. Jacqueline Y. Collins

Last Action
DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/15-60
35 ILCS 200/21-95


Synopsis As Introduced
Amends the Property Tax Code. Provides that property owned by an entity created by county or municipal ordinance for the purpose of acquiring troubled property and returning it to productive use is exempt from property taxation. Effective immediately.

Actions 
DateChamber Action
  2/6/2013SenateFiled with Secretary by Sen. Jacqueline Y. Collins
  2/6/2013SenateFirst Reading
  2/6/2013SenateReferred to Assignments
  2/14/2013SenateAssigned to Revenue
  2/28/2013SenatePostponed - Revenue
  3/6/2013SenatePostponed - Revenue
  3/13/2013SenatePostponed - Revenue
  3/20/2013SenateDo Pass Revenue; 011-000-000
  3/20/2013SenatePlaced on Calendar Order of 2nd Reading March 21, 2013
  4/30/2013SenateRe-referred to Assignments
  1/13/2015SenateSession Sine Die

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