PROP TX-HOSPITALS House SponsorsRep. Naomi D. Jakobsson 12/3/2014HouseSession Sine Die 35 ILCS 200/15-86 Amends the Property Tax Code. Provides that the hospital exemption does not apply if (i) the subject property is located in a municipality that would be disproportionately impacted by the exemption and (ii) the hospital's net income for the hospital year is 8% or more of its revenue for the hospital year if the exemption is not applied to the property. Provides that the municipality would be disproportionately impacted by the exemption if (1) the municipality in which the property is located has a population of 10% or less of the total population of all municipalities served by the hospital and (2) the municipality provides services to 50% of more of the hospital's properties in the county in which the municipality is located. Effective immediately. 5/24/2013HouseFiled with the Clerk by Rep. Naomi D. Jakobsson 5/24/2013HouseFirst Reading 5/24/2013HouseReferred to Rules Committee 2/20/2014HouseAssigned to Revenue & Finance Committee 2/21/2014HouseTo Property Tax Subcommittee 3/28/2014HouseRule 19(a) / Re-referred to Rules Committee 12/3/2014HouseSession Sine Die