Illinois General Assembly - Bill Status for HB5445
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 Bill Status of HB5445  9th General Assembly

Short Description:  PROP TX-TRANSFER TAX

House Sponsors
Rep. Esther Golar

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/31-35
35 ILCS 200/31-45

Synopsis As Introduced
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.

DateChamber Action
  2/9/2012HouseFiled with the Clerk by Rep. Esther Golar
  2/15/2012HouseFirst Reading
  2/15/2012HouseReferred to Rules Committee
  2/27/2012HouseAssigned to Housing Committee
  3/9/2012HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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