PROP TAX-FIRE SPRINKLER EXMPTN Senate SponsorsSen. Iris Y. Martinez-Jacqueline Y. Collins and Mattie Hunter House Sponsors(Rep. Robert S. Molaro-Paul D. Froehlich-Michael K. Smith-Donald L. Moffitt-Thomas Holbrook, Mike Boland, Sidney H. Mathias, Joseph M. Lyons, David E. Miller and William J. Grunloh) 1/11/2005SenateSession Sine Die 35 ILCS 200/12-3035 ILCS 200/15-178 new720 ILCS 5/17A-1from Ch. 38, par. 17A-130 ILCS 805/8.28 new Amends the Property Tax Code. Creates a homestead improvement exemption for the installation and maintenance of a residential fire safety sprinkler system. Provides that homestead properties that have been improved with a fire safety sprinkler system after January 1, 2004 are entitled to a fire safety sprinkler homestead improvement exemption, limited to $2,500 or the actual cost of installation, whichever is less, for the year that the system is installed, and $100 each year thereafter that the system remains in place, when that property is owned and used exclusively for a residential purpose. Further amends the Property Tax Code and the Criminal Code of 1961 to add cross-references. Amends the State Mandates Act to require implementation without reimbursement from the State. Effective immediately.Senate Committee Amendment No. 1 Provides that the exemption applies to fire sprinkler safety systems that have been modified after January 1, 2004 under a safety compliance plan (instead of applying only to any fire sprinkler safety system installation). Defines "safety compliance plan". Effective immediately. 2/3/2004SenateFiled with Secretary by Sen. Iris Y. Martinez 2/3/2004SenateFirst Reading 2/3/2004SenateReferred to Rules 2/10/2004SenateAssigned to Revenue 2/19/2004SenateTo Subcommittee 2/25/2004SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Iris Y. Martinez 2/25/2004SenateSenate Committee Amendment No. 1 Referred to Rules 2/25/2004SenateSenate Committee Amendment No. 1 Rules Refers to Revenue 2/25/2004SenateSenate Committee Amendment No. 1 Adopted 2/26/2004SenateDo Pass as Amended Revenue; 010-000-000 2/26/2004SenatePlaced on Calendar Order of 2nd Reading March 2, 2004 3/24/2004SenateSecond Reading 3/24/2004SenatePlaced on Calendar Order of 3rd Reading March 25, 2004 3/25/2004SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins 3/25/2004SenateAdded as Co-Sponsor Sen. Mattie Hunter 3/25/2004SenateThird Reading - Passed; 055-002-000 3/25/2004HouseArrived in House 3/25/2004HousePlaced on Calendar Order of First Reading 3/26/2004HouseChief House Sponsor Rep. Paul D. Froehlich 3/26/2004HouseAdded Alternate Chief Co-Sponsor Rep. Michael K. Smith 3/26/2004HouseAdded Alternate Chief Co-Sponsor Rep. Donald L. Moffitt 3/26/2004HouseAdded Alternate Chief Co-Sponsor Rep. Thomas Holbrook 3/26/2004HouseAdded Alternate Chief Co-Sponsor Rep. Sidney H. Mathias 3/26/2004HouseAdded Alternate Co-Sponsor Rep. Mike Boland 3/26/2004HouseFirst Reading 3/26/2004HouseReferred to Rules Committee 4/2/2004HouseAlternate Chief Sponsor Changed to Rep. Robert S. Molaro 4/2/2004HouseSponsor Removed Rep. Sidney H. Mathias 4/2/2004HouseAdded Alternate Co-Sponsor Rep. Sidney H. Mathias 4/2/2004HouseAdded Alternate Chief Co-Sponsor Rep. Paul D. Froehlich 4/29/2004HouseAdded Alternate Co-Sponsor Rep. Joseph M. Lyons 5/5/2004HouseAdded Alternate Co-Sponsor Rep. David E. Miller 5/11/2004HouseAdded Alternate Co-Sponsor Rep. William J. Grunloh 1/11/2005SenateSession Sine Die