SB 2859

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate Apr 12, 2024
  • Passed Senate Apr 12, 2024
  • Passed House May 15, 2024
  • Signed by Governor Jul 01, 2024

Prop Tx-Wastewater

Abstract

Amends the Property Tax Code. Provides that a regional wastewater facility shall be valued at 33 1/3% of the fair cash value of the facility, with consideration given to the probable net value that could be realized by the owner if the facility was removed and sold at a fair, voluntary sale, giving due account to the expense of removal, site restoration, and transportation. Provides that the alternate valuation for qualifying water treatment facilities applies only to the qualifying water treatment facility itself and not to the land on which the facility is located. Effective immediately.

Bill Sponsors (4)

Votes


Actions


Jul 01, 2024

Senate

Governor Approved

Senate

Public Act . . . . . . . . . 103-0631

Senate

Effective Date July 1, 2024

Jun 13, 2024

Senate

Sent to the Governor

May 15, 2024

House

Third Reading - Short Debate - Passed 113-000-000

House

Added Alternate Co-Sponsor Rep. Dave Severin

Senate

Passed Both Houses

May 13, 2024

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Second Reading - Short Debate

May 09, 2024

House

Placed on Calendar 2nd Reading - Short Debate

House

Do Pass / Short Debate Revenue & Finance Committee; 018-000-000

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

Apr 12, 2024

Senate

Third Reading - Passed; 058-000-000

House

Chief House Sponsor Rep. Anthony DeLuca

House

Arrived in House

Apr 11, 2024

Senate

Added as Co-Sponsor Sen. Chapin Rose

Apr 10, 2024

Senate

Placed on Calendar Order of 3rd Reading **

Mar 14, 2024

Senate

Second Reading

Senate

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

Feb 21, 2024

Senate

Do Pass Revenue; 008-000-000

Senate

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

Senate

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

Feb 06, 2024

Senate

Assigned to Revenue

Jan 19, 2024

Senate

Filed with Secretary by Sen. Steve McClure

Senate

Referred to Assignments

Senate

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML PDF
Engrossed HTML PDF
Enrolled HTML PDF

Related Documents

Document Format
Public Act

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.