Sen. Iris Y. Martinez

Filed: 3/3/2004

 

 


 

 


 
09300SB2329sam001 LRB093 18462 DRJ 48439 a

1
AMENDMENT TO SENATE BILL 2329

2     AMENDMENT NO. ______. Amend Senate Bill 2329 on page 1,
3 line 5, after "7,", by inserting "8,"; and
 
4 on page 6, line 25, after the comma, by inserting "based on its
5 highest and best use,"; and
 
6 on page 7, after line 6, by inserting the following:
 
7     "(310 ILCS 60/8)  (from Ch. 67 1/2, par. 1158)
8     Sec. 8. The provisions of this Act shall not apply to any
9 of the following: a government taking by eminent domain or
10 negotiated purchase; a forced sale pursuant to a foreclosure;
11 or a transfer by gift, devise or operation of law; or an
12 owner's sale or other disposition of assisted housing in a
13 manner pursuant to which the property after the sale or other
14 disposition continues to be assisted housing as defined in this
15 Act.
16 (Source: P.A. 86-810.)".