Bill Status of HB0504  102nd General Assembly

Short Description:  PROP TX-REFUNDS

House Sponsors
Rep. Elaine Nekritz - Kathleen A. Ryg - Sidney H. Mathias - Robin Kelly - Julie Hamos, Karen A. Yarbrough, Elizabeth Coulson, Sandra M. Pihos, Carolyn H. Krause and Karen May

Senate Sponsors
(Sen. Susan Garrett - M. Maggie Crotty - Don Harmon and Ira I. Silverstein)

Last Action
DateChamber Action
  8/12/2005HousePublic Act . . . . . . . . . 94-0558

Statutes Amended In Order of Appearance
35 ILCS 200/23-20

Synopsis As Introduced
Amends the Property Tax Code. Provides that property tax refunds must be paid to the taxpayer at the annual rate of the lesser of (i) 5% or (ii) the percentage increase in the Consumer Price Index For All Urban Consumers during the 12-month calendar year preceding the levy year for which the refund was made, as published by the federal Bureau of Labor Statistics (now, the interest rate is 5% per year). Effective January 1, 2006.

DateChamber Action
  1/27/2005HouseFiled with the Clerk by Rep. Elaine Nekritz
  1/27/2005HouseChief Co-Sponsor Rep. Kathleen A. Ryg
  1/27/2005HouseFirst Reading
  1/27/2005HouseReferred to Rules Committee
  2/2/2005HouseAssigned to Revenue Committee
  2/8/2005HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
  2/16/2005HouseAdded Chief Co-Sponsor Rep. Robin Kelly
  2/18/2005HouseRecommends Be Adopted Sub-committee/ Revenue Committee; 003-000-000
  2/18/2005HouseRemains in Revenue Committee
  3/1/2005HouseAdded Co-Sponsor Rep. Karen A. Yarbrough
  3/10/2005HouseDo Pass / Short Debate Revenue Committee; 012-000-000
  3/10/2005HousePlaced on Calendar 2nd Reading - Short Debate
  3/15/2005HouseSecond Reading - Short Debate
  3/15/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/17/2005HouseAdded Chief Co-Sponsor Rep. Julie Hamos
  3/17/2005HouseAdded Co-Sponsor Rep. Elizabeth Coulson
  3/17/2005HouseAdded Co-Sponsor Rep. Sandra M. Pihos
  3/17/2005HouseAdded Co-Sponsor Rep. Carolyn H. Krause
  3/17/2005HouseAdded Co-Sponsor Rep. Karen May
  3/17/2005HouseThird Reading - Short Debate - Passed 063-048-001
  3/17/2005SenateArrive in Senate
  3/17/2005SenatePlaced on Calendar Order of First Reading April 6, 2005
  3/21/2005SenateChief Senate Sponsor Sen. Susan Garrett
  4/6/2005SenateFirst Reading
  4/6/2005SenateReferred to Rules
  4/7/2005SenateAdded as Alternate Co-Sponsor Sen. Ira I. Silverstein
  4/13/2005SenateAssigned to Revenue
  4/15/2005SenateAdded as Alternate Chief Co-Sponsor Sen. M. Maggie Crotty
  4/21/2005SenateDo Pass Revenue; 010-000-000
  4/21/2005SenatePlaced on Calendar Order of 2nd Reading May 3, 2005
  5/11/2005SenateSecond Reading
  5/11/2005SenatePlaced on Calendar Order of 3rd Reading May 12, 2005
  5/16/2005SenateAdded as Alternate Chief Co-Sponsor Sen. Don Harmon
  5/17/2005SenateThird Reading - Passed; 052-005-000
  5/17/2005HousePassed Both Houses
  6/15/2005HouseSent to the Governor
  8/12/2005HouseGovernor Approved
  8/12/2005HouseEffective Date January 1, 2006
  8/12/2005HousePublic Act . . . . . . . . . 94-0558