<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1750   </title>
<shortdesc>PTELL-RECOVERED VALUE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jeffrey M. Schoenberg</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/18-185</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the definition of "recovered tax value" includes the equalized assessed values recovered upon the termination of a redevelopment project that was established under the Economic Development Project Area Tax Increment Act of 1995.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jeffrey M. Schoenberg</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2007</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/21/2007</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/15/2007</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/16/2007</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Rules</action>
<statusdate>4/12/2007</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Michael W. Frerichs</action>
<statusdate>4/12/2007</statusdate><chamber>Senate</chamber><action>Sponsor Removed Sen. Michael W. Frerichs</action>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

