Bill Texts: IL HB2909 | 2019-2020 | 101st General Assembly
Bill Title: Reinserts the provisions of the introduced bill. Adds provisions amending the Property Tax Code. Provides that, if the property referenced in the introduced bill is transferred to the Firemen's Annuity and Benefit Fund and the Fund subsequently leases the property to an entity whose property is not exempt, then the leasehold estate and the appurtenances shall be listed as the property of the lessee or his or her assignee, and the lessee shall be liable for the property taxes. Provides that the Fund may not sell the property without the affirmative vote of the three-fifths of the members of the board of trustees of the Fund. Preempts home rule powers. Effective immediately.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Engrossed - Dead) 2020-01-20 - Alternate Chief Sponsor Changed to Sen. Don Harmon [HB2909 Detail]
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Engrossed - Dead) 2020-01-20 - Alternate Chief Sponsor Changed to Sen. Don Harmon [HB2909 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
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Engrossed | 2019-04-11 | HTML/Text | Link | View |
Introduced | 2019-02-14 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
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House Amendment 001 | 2019-04-09 | Proposed | HTML/Text | Link | View |
Supplemental Documents
Title | Description | Date | Format | Source | View |
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No supplemental documents for Illinois HB2909 currently on file. |