Illinois General Assembly - Bill Status for SB2029

Synopsis As Introduced
Amends the Property Tax Code. In a Section concerning tax abatements for leased, low-rent housing, provides that if the property of a housing authority is improved with an eligible multifamily dwelling or multi-building development containing residential units that are individually assessed, no more than 50% (now, 40%) of those residential units may be certified. Provides that, if the property is improved with an eligible multifamily dwelling or multi-building development containing residential units that are not individually assessed, the portion of the property certified shall represent no more than 50% (now, 40%) of those residential units.

Actions

Date	Chamber	Action
2/25/2005	Senate	Filed with Secretary by Sen. Jacqueline Y. Collins
2/25/2005	Senate	First Reading
2/25/2005	Senate	Referred to Rules
3/2/2005	Senate	Assigned to Revenue
3/9/2005	Senate	Chief Sponsor Changed to Sen. Mattie Hunter
3/9/2005	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
3/10/2005	Senate	To Subcommittee
3/18/2005	Senate	Rule 3-9(a) / Re-referred to Rules
1/9/2007	Senate	Session Sine Die

×