<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5445   </title>
<shortdesc>PROP TX-TRANSFER TAX</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Esther Golar</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/31-35</reference><aliasreference></aliasreference><reference>35 ILCS 200/31-45</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that, beginning on the effective date of the amendatory Act and through June 30, 2016, certain deeds and trust documents are subject to the real estate transfer tax. Requires, beginning July 1, 2012, specified percentages of the proceeds generated from the imposition of that tax to be deposited into the Abandoned Residential Property Municipality Relief Fund, the Open Space Lands Acquisition and Development Fund, and the Natural Areas Acquisition Fund. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2012</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Esther Golar</action>
<statusdate>2/15/2012</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/15/2012</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/27/2012</statusdate><chamber>House</chamber><action>Assigned to Housing Committee</action>
<statusdate>3/9/2012</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

