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<title>Illinois General Assembly - Bill Status for HB 860    </title>
<shortdesc>PROPERTY TAXES-TECH</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Barbara Flynn Currie-Robert S. Molaro</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. James F. Clayborne, Jr.)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/18/2003</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 93-0533</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/1-155</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Makes a technical change in a Section concerning the definition of "year".</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<reftype>Adds reference to:</reftype><reference>35 ILCS 200/10-235</reference><aliasreference></aliasreference><reference>35 ILCS 200/10-245</reference><aliasreference></aliasreference><reference>35 ILCS 200/10-250</reference><aliasreference></aliasreference><SynopsisText>Deletes everything after the enacting clause. Amends the Property Tax Code with respect to valuation procedures for certain low-income housing projects. Authorizes special valuation procedures for low-income housing projects receiving a low-income housing tax credit under provisions of the Internal Revenue Code that authorize an income tax credit for certain low-income housing projects (now, special valuation allowed only for a certain rural low-income housing projects). Effective January 1, 2004.</SynopsisText><synopsistitle>Senate Floor Amendment No. 2</synopsistitle>
<SynopsisText>Authorizes special valuation procedures for low-income housing projects that qualify for the (underlying bill, receiving a) low-income housing tax credit under provisions of the Internal Revenue Code that authorize an income tax credit for certain low-income housing projects.</SynopsisText></synopsis>
<actions>
<statusdate>1/31/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Michael J. Madigan</action>
<statusdate>1/31/2003</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Barbara Flynn Currie</action>
<statusdate>1/31/2003</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Robert S. Molaro</action>
<statusdate>1/31/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/31/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/4/2003</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/12/2003</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Executive Committee;  010-000-000</action>
<statusdate>3/12/2003</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate **</action>
<statusdate>3/31/2003</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>3/31/2003</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate **</action>
<statusdate>4/2/2003</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate **</action>
<statusdate>4/3/2003</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 069-044-004</action>
<statusdate>4/8/2003</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>4/8/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading April 9, 2003</action>
<statusdate>4/8/2003</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. Emil Jones, Jr.</action>
<statusdate>4/8/2003</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>4/8/2003</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>4/16/2003</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>5/1/2003</statusdate><chamber>Senate</chamber><action>Do Pass Executive;  007-004-000</action>
<statusdate>5/1/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading May 6, 2003</action>
<statusdate>5/6/2003</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>5/6/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading May 7, 2003</action>
<statusdate>5/13/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. James F. Clayborne, Jr.</action>
<statusdate>5/13/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Rules</action>
<statusdate>5/14/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Rules Refers to  Executive</action>
<statusdate>5/14/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Be Adopted  Executive;  010-000-000</action>
<statusdate>5/15/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. James F. Clayborne, Jr.</action>
<statusdate>5/15/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Rules</action>
<statusdate>5/15/2003</statusdate><chamber>Senate</chamber><action>Alternate Chief Sponsor Changed to Sen. James F. Clayborne, Jr.</action>
<statusdate>5/15/2003</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>5/15/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Clayborne</action>
<statusdate>5/15/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading May 16, 2003</action>
<statusdate>5/15/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Be Approved for Consideration Rules</action>
<statusdate>5/16/2003</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>5/16/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Adopted; Clayborne</action>
<statusdate>5/16/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading May 19, 2003</action>
<statusdate>5/16/2003</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 059-000-000</action>
<statusdate>5/16/2003</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>5/16/2003</statusdate><chamber>House</chamber><action>Placed on Calendar Order of Concurrence Senate Amendment(s) 1 and 2</action>
<statusdate>5/23/2003</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 31, 2003</action>
<statusdate>5/29/2003</statusdate><chamber>House</chamber><action>Chief Sponsor Changed to Rep. Barbara Flynn Currie</action>
<statusdate>5/30/2003</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion Filed Concur Rep. Barbara Flynn Currie;  Motion #1</action>
<statusdate>5/30/2003</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 2 Motion Filed Concur Rep. Barbara Flynn Currie;  Motion #1</action>
<statusdate>5/30/2003</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee</action>
<statusdate>5/30/2003</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee</action>
<statusdate>5/30/2003</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Revenue Committee</action>
<statusdate>5/30/2003</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 2 Motion to Concur Rules Referred to Revenue Committee</action>
<statusdate>5/31/2003</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion to Concur Recommends be Adopted Revenue Committee;  009-000-000</action>
<statusdate>5/31/2003</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 2 Motion to Concur Recommends be Adopted Revenue Committee;  009-000-000</action>
<statusdate>5/31/2003</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 House Concurs 115-000-001</action>
<statusdate>5/31/2003</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 2 House Concurs 115-000-001</action>
<statusdate>5/31/2003</statusdate><chamber>House</chamber><action>Passed Both Houses</action>
<statusdate>6/27/2003</statusdate><chamber>House</chamber><action>Sent to the Governor</action>
<statusdate>8/18/2003</statusdate><chamber>House</chamber><action>Governor Approved</action>
<statusdate>8/18/2003</statusdate><chamber>House</chamber><action>Effective Date January 1, 2004</action>
<statusdate>8/18/2003</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 93-0533</action>
</actions>
</xml>

