Illinois General Assembly - Bill Status for SB0466
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 Bill Status of SB0466  93rd General Assembly

Short Description:  PROP TAX FREEZE-DISABLED

Senate Sponsors
Sen. Susan Garrett - William E. Peterson - James T. Meeks - M. Maggie Crotty - Barack Obama and Christine Radogno

House Sponsors
(Rep. Kathleen A. Ryg - Ed Sullivan, Jr. - JoAnn D. Osmond - Kevin A. McCarthy - Constance A. Howard, Patricia Bailey, Monique D. Davis, Sara Feigenholtz, George Scully, Jr., Marlow H. Colvin, William Delgado, David E. Miller, Patrick Verschoore, Mary K. O'Brien, Jack McGuire, Deborah L. Graham, Charles E. Jefferson, Robert Rita and Robin Kelly)

Last Action
DateChamber Action
  1/11/2005SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/14-20
35 ILCS 200/15-172
30 ILCS 805/8.27 new


Synopsis As Introduced
Amends the Property Tax Code. Includes disabled persons within the provisions granting an assessment freeze homestead exemption to senior citizens. Changes the name to the Senior Citizens and Disabled Persons Assessment Freeze Homestead Exemption (now Senior Citizens Assessment Freeze Homestead Exemption). Makes corresponding changes to a cross-reference to the exemption. Amends the States Mandates Act to require implementation without reimbursement. Effective immediately.

Senate Committee Amendment No. 1
Makes changes in the definition of "disabled person".

 Fiscal Note (Department of Revenue)
 The fiscal impact will be shouldered by local government taxing districts due to an increase in those who will qualify for the assessment freeze, thereby reducing the adjusted equalized assessed value of property. The first year, local taxing districts will realize a $19 million decrease in property tax revenues statewide, which will continue to increase as property values increase from year to year.

 Housing Affordability Impact Note (Housing Development Authority)
 Due to the increase in people who will qualify for the assessment freeze, which will reduce the adjusted equalized assessed value of the property. The local taxing districts will realize a $19 million decrease in property tax revenues statewide. This could lead to an increase in property taxes for those who do not qualify for the assessment freeze.

 Fiscal Note (Commerce Commission)
 No fiscal impact.

 Fiscal Note (S-AM1) (Dept of Commerce and Community Affairs)
 No fiscal impact on DCCA. Local taxing districts will incur a fiscal impact due to an increase in those who will qualify for the assessment freeze, thereby reducing the adjusted equalized assessed value of property. During the first year, the local taxing districts will have a $19 million decrease in property tax revenues statewide.

 State Mandates Fiscal Note (Illinois Community College System)
 Under the State Mandates Act, a "State Mandate" means any State-initiated statutory or executive action that requires a unit of local government to establish, expand, or modify its activities in such a way as to necessitate additional expenditures from local revenues. Each community college is considered a unit of local government. This bill will increase the number of property owners that will be allowed the Homestead exemption. Community colleges receive a substantial amount of their operating revenues through local property taxes. An estimate of the decrease in revenues based on property taxes and EAV's is not available at this time. There is no cost to the ICCB.

Actions 
DateChamber Action
  2/18/2003SenateFiled with Secretary by Sen. Susan Garrett
  2/18/2003SenateFirst Reading
  2/18/2003SenateReferred to Rules
  2/26/2003SenateAssigned to Revenue
  3/4/2003SenateAdded as Chief Co-Sponsor Sen. William E. Peterson
  3/5/2003SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Susan Garrett
  3/5/2003SenateSenate Committee Amendment No. 1 Referred to Rules
  3/5/2003SenateSenate Committee Amendment No. 1 Rules Refers to Revenue
  3/5/2003SenateAdded as Co-Sponsor Sen. Christine Radogno
  3/5/2003SenateSenate Committee Amendment No. 1 Adopted
  3/6/2003SenateDo Pass as Amended Revenue; 008-000-000
  3/6/2003SenatePlaced on Calendar Order of 2nd Reading March 11, 2003
  3/6/2003SenateFiscal Note Requested by Sen. Chris Lauzen
  3/6/2003SenateHousing Affordability Impact Note Requested by Sen. Chris Lauzen
  3/13/2003SenateFiscal Note Filed
  3/19/2003SenateHousing Affordability Impact Note Filed
  3/21/2003SenateSecond Reading
  3/21/2003SenatePlaced on Calendar Order of 3rd Reading March 24, 2003
  3/25/2003SenateFiscal Note Filed Illinois Commerce Commission
  3/25/2003SenateFiscal Note Filed Illinois Department of Commerce and Community Affairs
  3/25/2003SenateAdded as Chief Co-Sponsor Sen. James T. Meeks
  3/25/2003SenateAdded as Chief Co-Sponsor Sen. M. Maggie Crotty
  3/25/2003SenateAdded as Chief Co-Sponsor Sen. Barack Obama
  3/25/2003SenateThird Reading - Passed; 056-000-000
  3/26/2003HouseArrived in House
  3/26/2003HousePlaced on Calendar Order of First Reading
  3/26/2003HouseChief House Sponsor Rep. Kathleen A. Ryg
  3/26/2003HouseFirst Reading
  3/26/2003HouseReferred to Rules Committee
  3/31/2003HouseAssigned to Revenue Committee
  4/1/2003SenateState Mandates Fiscal Note Filed as Amended with Senate Committee Amendment No. 1 from the Illinois Community College System
  4/4/2003HouseAdded Alternate Chief Co-Sponsor Rep. Ed Sullivan, Jr.
  4/4/2003HouseAdded Alternate Chief Co-Sponsor Rep. JoAnn D. Osmond
  4/4/2003HouseAdded Alternate Chief Co-Sponsor Rep. Kevin A. McCarthy
  4/8/2003HouseAdded Alternate Chief Co-Sponsor Rep. Constance A. Howard
  4/8/2003HouseAdded Alternate Co-Sponsor Rep. Patricia Bailey
  4/8/2003HouseAdded Alternate Co-Sponsor Rep. Sara Feigenholtz
  4/8/2003HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis
  4/8/2003HouseAdded Alternate Co-Sponsor Rep. George Scully, Jr.
  4/9/2003HouseAdded Alternate Co-Sponsor Rep. Marlow H. Colvin
  4/14/2003HouseAdded Alternate Co-Sponsor Rep. William Delgado
  4/15/2003HouseAdded Alternate Co-Sponsor Rep. David E. Miller
  4/15/2003HouseAdded Alternate Co-Sponsor Rep. Patrick Verschoore
  4/16/2003HouseAdded Alternate Co-Sponsor Rep. Mary K. O'Brien
  4/30/2003HouseAdded Alternate Co-Sponsor Rep. Jack McGuire
  5/2/2003HouseRule 19(a) / Re-referred to Rules Committee
  5/7/2003HouseAdded Alternate Co-Sponsor Rep. Deborah L. Graham
  5/13/2003HouseAdded Alternate Co-Sponsor Rep. Charles E. Jefferson
  5/13/2003HouseAdded Alternate Co-Sponsor Rep. Robert Rita
  5/14/2003HouseAdded Alternate Co-Sponsor Rep. Robin Kelly
  1/11/2005SenateSession Sine Die

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