<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 593    </title>
<shortdesc>PROP TX-EXEMPT REDEVLPMNT CORP</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. James F. Clayborne, Jr.</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-104 new</reference><aliasreference></aliasreference><reference>315 ILCS 20/15</reference><aliasreference>from Ch. 67 1/2, par. 265</aliasreference><reference>320 ILCS 15/15-5 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that all property of a neighborhood redevelopment corporation organized under the Neighborhood Redevelopment Corporation Law that is acquired on or after the effective date of this amendatory Act of the 93rd General Assembly is exempt from property taxes. Amends the Neighborhood Redevelopment Corporation Law to add a similar provision.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2003</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. James F. Clayborne, Jr.</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>2/26/2003</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/6/2003</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/13/2003</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/14/2003</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Rules</action>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

