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<title>Illinois General Assembly - Bill Status for SB 505    </title>
<shortdesc>PROP TAX-SENIOR HOMESTD EXMPTN</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jacqueline Y. Collins-Bill Brady-William E. Peterson-Wendell E. Jones, Mattie Hunter-Rickey R. Hendon, M. Maggie Crotty, Louis S. Viverito, Adeline Jay Geo-Karis, Barack Obama and Larry D. Woolard</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Sidney H. Mathias-Marlow H. Colvin-Kathleen A. Ryg-Patrick Verschoore-Brandon W. Phelps, Michael K. Smith, Naomi D. Jakobsson, Kevin Joyce, Lovana Jones, William Delgado, Robert F. Flider, Mary K. O'Brien, Monique D. Davis, Ed Sullivan, Jr., Elizabeth Coulson, Ruth Munson, Jack D. Franks, Linda Chapa LaVia, Donald L. Moffitt, Karen A. Yarbrough, Deborah L. Graham, Cynthia Soto and Thomas Holbrook)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/11/2003</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 93-0511</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-170</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.2</reference><aliasreference>from Ch. 85, par. 2208.2</aliasreference><SynopsisText>Amends the senior citizens homestead exemption provisions in the Property Tax Code. Provides that beginning with assessment year 2003, for taxes payable in 2004, property that is first occupied as a residence after January 1 of any assessment year by a person who is eligible for the senior citizens homestead exemption must be granted a pro-rata exemption for the assessment year. The amount of the pro-rata exemption is the senior citizens homestead exemption allowed in the county divided by 365 and multiplied by the number of days during the year the property is occupied as a residence by a person eligible for the exemption. The chief county assessment officer must adopt reasonable procedures to establish eligibility for the pro-rata exemption. Amends the State Mandates Act to restate that the senior citizens homestead exemption is exempt from the requirements of the State Mandates Act and further amends the Property Tax Code to state that the senior citizens homestead exemption is exempt from the requirements of the State Mandates Act. Effective immediately.</SynopsisText><synopsistitle>Fiscal Note (Department of Revenue)</synopsistitle>
<SynopsisText>Senate Bill 505 does not create a fiscal impact for the Department of Revenue or the State of Illinois.</SynopsisText><synopsistitle>Fiscal Note (State Board of Education)</synopsistitle>
<SynopsisText>HB 505 creates a tax exemption mandate for local school districts; however, it is specifically exempt from state reimbursement under the State Mandates Act. The State Board of Education has no data on the number of senior citizens who claim the homestead exemptions or how many may be in a position to claim a portion of the exemption under SB 505 because they have moved during the year.</SynopsisText><synopsistitle>Fiscal Note (Dept of Commerce and Community Affairs)</synopsistitle>
<SynopsisText>No fiscal impact on DCCA. The extent of fiscal impact to local governments cannot be determined.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2003</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jacqueline Y. Collins</action>
<statusdate>2/18/2003</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/18/2003</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/19/2003</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>2/21/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Bill Brady</action>
<statusdate>2/26/2003</statusdate><chamber>Senate</chamber><action>Sponsor Removed Sen. Bill Brady</action>
<statusdate>2/26/2003</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Bill Brady</action>
<statusdate>2/27/2003</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. William E. Peterson</action>
<statusdate>2/27/2003</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Wendell E. Jones</action>
<statusdate>2/27/2003</statusdate><chamber>Senate</chamber><action>Fiscal Note Requested by Sen. Chris Lauzen;  Board of Education</action>
<statusdate>2/27/2003</statusdate><chamber>Senate</chamber><action>Do Pass Revenue;  009-000-000</action>
<statusdate>2/27/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading February 28, 2003</action>
<statusdate>2/28/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Mattie Hunter</action>
<statusdate>3/5/2003</statusdate><chamber>Senate</chamber><action>Fiscal Note Filed</action>
<statusdate>3/13/2003</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/13/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 18, 2003</action>
<statusdate>3/18/2003</statusdate><chamber>Senate</chamber><action>Fiscal Note Filed</action>
<statusdate>3/20/2003</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Rickey R. Hendon</action>
<statusdate>3/20/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. M. Maggie Crotty</action>
<statusdate>3/20/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Louis S. Viverito</action>
<statusdate>3/20/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Adeline Jay Geo-Karis</action>
<statusdate>3/25/2003</statusdate><chamber>Senate</chamber><action>Fiscal Note Filed</action>
<statusdate>3/25/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Barack Obama</action>
<statusdate>3/25/2003</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Larry D. Woolard</action>
<statusdate>3/25/2003</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 054-000-000</action>
<statusdate>3/26/2003</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>3/26/2003</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>3/28/2003</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Sidney H. Mathias</action>
<statusdate>3/28/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>3/28/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/9/2003</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Marlow H. Colvin</action>
<statusdate>4/10/2003</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Kathleen A. Ryg</action>
<statusdate>4/14/2003</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Patrick Verschoore</action>
<statusdate>4/14/2003</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Brandon W. Phelps</action>
<statusdate>4/14/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Michael K. Smith</action>
<statusdate>4/14/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Naomi D. Jakobsson</action>
<statusdate>4/14/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Kevin Joyce</action>
<statusdate>4/14/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Lovana Jones</action>
<statusdate>4/14/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. William Delgado</action>
<statusdate>4/15/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Robert F. Flider</action>
<statusdate>4/16/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Mary K. O'Brien</action>
<statusdate>5/1/2003</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>5/2/2003</statusdate><chamber>House</chamber><action>Committee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003</action>
<statusdate>5/8/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Ed Sullivan, Jr.</action>
<statusdate>5/9/2003</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Revenue Committee;  005-000-000</action>
<statusdate>5/9/2003</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/13/2003</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/13/2003</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/13/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Monique D. Davis</action>
<statusdate>5/20/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Elizabeth Coulson</action>
<statusdate>5/20/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Ruth Munson</action>
<statusdate>5/20/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Jack D. Franks</action>
<statusdate>5/20/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Linda Chapa LaVia</action>
<statusdate>5/20/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Donald L. Moffitt</action>
<statusdate>5/20/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Karen A. Yarbrough</action>
<statusdate>5/20/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Deborah L. Graham</action>
<statusdate>5/20/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Cynthia Soto</action>
<statusdate>5/20/2003</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 115-000-000</action>
<statusdate>5/20/2003</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>5/20/2003</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Thomas Holbrook</action>
<statusdate>6/18/2003</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/11/2003</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/11/2003</statusdate><chamber>Senate</chamber><action>Effective Date August 11, 2003</action>
<statusdate>8/11/2003</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 93-0511</action>
</actions>
</xml>

