SB 2703

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate Apr 12, 2024
  • Senate
  • Passed House Apr 12, 2024
  • Signed by Governor Dec 20, 2024

Prop Tx-Historic Residence

Abstract

Amends the Property Tax Code. In provisions concerning the Historic Residence Assessment Freeze Law, provides that the fair cash value of the property shall be based on the final determination by the assessment officer, board of review, Property Tax Appeal Board, or court. Provides that, after the expiration of the 8-year valuation period, if the current fair cash value is less than the adjusted base year valuation, then the assessment shall be based on the current fair cash value. Provides that these changes are declarative of existing law.

Bill Sponsors (3)

Votes


Actions


Dec 20, 2024

House

Governor Approved

Dec 16, 2024

House

Sent to the Governor

Nov 21, 2024

House

Senate Concurs

House

House Floor Amendment No. 2 Senate Concurs 048-003-001

House

House Floor Amendment No. 2 3/5 Vote Required

House

House Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments

House

House Floor Amendment No. 2 Motion to Concur Referred to Assignments

House

House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Napoleon Harris, III

House

Secretary's Desk - Concurrence House Amendment(s) 2

House

Placed on Calendar Order of Concurrence House Amendment(s) 2 - November 21, 2024

House

Passed Both Houses

Nov 20, 2024

House

House Floor Amendment No. 2 Filed with Clerk by Rep. Michael J. Kelly

House

Chief Sponsor Changed to Sen. Napoleon Harris, III

House

House Floor Amendment No. 1 Tabled

House

Third Reading - Short Debate - Passed 090-020-000

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

House Floor Amendment No. 2 Adopted

House

House Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 017-000-000

House

House Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee

House

House Floor Amendment No. 2 Referred to Rules Committee

House

Alternate Chief Sponsor Changed to Rep. Michael J. Kelly

Nov 19, 2024

House

Placed on Calendar 2nd Reading - Short Debate

House

Approved for Consideration Rules Committee; 005-000-000

May 31, 2024

House

Rule 19(a) / Re-referred to Rules Committee

House

House Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

May 26, 2024

House

Third Reading/Final Action Deadline Extended-9(b) May 31, 2024

May 24, 2024

House

Third Reading/Final Action Deadline Extended-9(b) May 27, 2024

May 22, 2024

House

House Floor Amendment No. 1 Recommends Be Adopted Executive Committee; 008-004-000

May 20, 2024

House

House Floor Amendment No. 1 Rules Refers to Executive Committee

House

House Floor Amendment No. 1 Referred to Rules Committee

House

House Floor Amendment No. 1 Filed with Clerk by Rep. Emanuel "Chris" Welch

House

Alternate Chief Sponsor Changed to Rep. Emanuel "Chris" Welch

May 16, 2024

House

Second Reading - Short Debate

House

Held on Calendar Order of Second Reading - Short Debate

May 15, 2024

House

Placed on Calendar 2nd Reading - Short Debate

May 14, 2024

House

Do Pass / Short Debate Revenue & Finance Committee; 015-000-000

May 03, 2024

House

Committee/Final Action Deadline Extended-9(b) May 24, 2024

Apr 24, 2024

House

Assigned to Revenue & Finance Committee

Apr 15, 2024

House

First Reading

House

Referred to Rules Committee

House

Chief House Sponsor Rep. Kelly M. Burke

Apr 12, 2024

House

Arrived in House

House

Third Reading - Passed; 059-000-000

Apr 10, 2024

House

Added as Co-Sponsor Sen. Laura M. Murphy

House

Placed on Calendar Order of 3rd Reading **

Mar 14, 2024

House

Placed on Calendar Order of 3rd Reading March 20, 2024

House

Second Reading

Feb 21, 2024

House

Do Pass Revenue; 008-000-000

House

Placed on Calendar Order of 2nd Reading February 22, 2024

Jan 31, 2024

House

Assigned to Revenue

Jan 10, 2024

House

First Reading

House

Referred to Assignments

House

Filed with Secretary by Sen. Cristina Castro

Bill Text

Bill Text Versions Format
Introduced HTML PDF
Engrossed HTML PDF
Enrolled HTML PDF
House Amendment 001 HTML PDF
House Amendment 002 HTML PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.