IL SB3210 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]
Summary
Amends the Property Tax Code. In a Section concerning exemptions for leaseback property, provides that the Section applies to all property that is exempt under Article 15 of the Property Tax Code. Provides that, for exemption purposes, the property shall be treated as though the lessee were the owner of the property as long as the property on which the leased improvements is located is used for school, religious, or charitable purposes pursuant to that lease or any renewal of that lease. Contains provisions requiring that the funds received from the conveyance of the property must be used for certain purposes. Provides that projects using funds from the sale of certain property that is subject to a leaseback are subject to the provisions of the Illinois Prevailing Wage Act for the initial construction of the improvements and all bidders for those projects shall comply with the Illinois Procurement Code. Effective immediately.
Title
PROP TX-LEASEBACK
Sponsors
Roll Calls
2012-05-15 - Senate - Third Reading in Senate (Y: 39 N: 14 NV: 6 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | Senate | Session Sine Die |
2012-05-15 | House | Referred to Rules Committee |
2012-05-15 | House | First Reading |
2012-05-15 | House | Placed on Calendar Order of First Reading |
2012-05-15 | House | Chief House Sponsor Rep. Jehan A. Gordon |
2012-05-15 | House | Arrived in House |
2012-05-15 | Senate | Third Reading - Passed; 039-014-001 |
2012-05-15 | Senate | Placed on Calendar Order of 3rd Reading |
2012-05-15 | Senate | Senate Floor Amendment No. 1 Adopted; Koehler |
2012-05-15 | Senate | Recalled to Second Reading |
2012-05-15 | Senate | Rule 2-10 Third Reading Deadline Established As May 25, 2012 |
2012-05-08 | Senate | Senate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 006-002-000 |
2012-05-08 | Senate | Senate Floor Amendment No. 1 Assignments Refers to Judiciary |
2012-05-07 | Senate | Senate Floor Amendment No. 1 Referred to Assignments |
2012-05-07 | Senate | Senate Floor Amendment No. 1 Filed with Secretary by Sen. David Koehler |
2012-04-26 | Senate | Rule 2-10 Third Reading Deadline Established As May 11, 2012 |
2012-04-26 | Senate | Rule 2-10 Third Reading Deadline Established As April 26, 2012 |
2012-03-28 | Senate | Placed on Calendar - Consideration Postponed March 29, 2012 |
2012-03-28 | Senate | Third Reading - Consideration Postponed |
2012-03-28 | Senate | Verified |
2012-03-27 | Senate | Placed on Calendar Order of 3rd Reading March 28, 2012 |
2012-03-27 | Senate | Second Reading |
2012-03-27 | Senate | Chief Sponsor Changed to Sen. David Koehler |
2012-02-23 | Senate | Placed on Calendar Order of 2nd Reading February 24, 2012 |
2012-02-23 | Senate | Do Pass Judiciary; 008-001-001 |
2012-02-07 | Senate | Assigned to Judiciary |
2012-02-02 | Senate | Sponsor Removed Sen. David Koehler |
2012-02-02 | Senate | Added as Chief Co-Sponsor Sen. David Koehler |
2012-02-01 | Senate | Referred to Assignments |
2012-02-01 | Senate | First Reading |
2012-02-01 | Senate | Filed with Secretary by Sen. James F. Clayborne, Jr. |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 200 | 15-185 | Amended Code | Citation Text |