SB 3314

  • Illinois Senate Bill
  • 97th Regular Session
  • Introduced in Senate Mar 29, 2012
  • Passed Senate Mar 29, 2012
  • Passed House May 23, 2012
  • Became Law Aug 24, 2012

Prop Tx-Equalization Factor

Abstract

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the approximate amount of the tax extendable, as stated on the referendum question submitted to impose a new or increased limiting rate or increase the extension limitation, shall be calculated (i) without regard to any property tax exemptions and (ii) using an equalized assessed value calculated by multiplying the percentage level of assessment prescribed for such property by statute or by ordinance of the county board by the most recent final equalization factor certified to the county clerk by the Department of Revenue at the time the taxing district initiates the submission of the proposition to the electors. Effective immediately.

Bill Sponsors (5)

Votes


Actions


Aug 24, 2012

Senate

Public Act . . . . . . . . . 97-1087

Senate

Effective Date August 24, 2012

Senate

Governor Approved

Jun 28, 2012

Senate

Sent to the Governor

May 30, 2012

Senate

House Floor Amendment No. 1 Senate Concurs 055-000-000

Senate

Passed Both Houses

May 29, 2012

Senate

House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Revenue; 006-000-000

May 25, 2012

Senate

House Floor Amendment No. 1 Motion to Concur Assignments Referred to Revenue

May 24, 2012

Senate

House Floor Amendment No. 1 Motion to Concur Referred to Assignments

Senate

House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Don Harmon

May 23, 2012

House

Added Alternate Chief Co-Sponsor Rep. John D'Amico

Senate

Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 24, 2012

Senate

Secretary's Desk - Concurrence House Amendment(s) 1

House

Third Reading - Short Debate - Passed 118-000-000

House

Added Alternate Chief Co-Sponsor Rep. Sidney H. Mathias

May 21, 2012

House

Added Alternate Co-Sponsor Rep. Lawrence M. Walsh, Jr.

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

House Floor Amendment No. 1 Adopted by Voice Vote

House

Second Reading - Short Debate

House

Added Alternate Co-Sponsor Rep. Michelle Mussman

House

Added Alternate Co-Sponsor Rep. Keith Farnham

May 15, 2012

House

House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000

May 11, 2012

House

House Floor Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski

House

House Floor Amendment No. 1 Referred to Rules Committee

May 07, 2012

House

Added Alternate Co-Sponsor Rep. Elaine Nekritz

May 03, 2012

House

Do Pass / Short Debate Revenue & Finance Committee; 009-000-000

House

Placed on Calendar 2nd Reading - Short Debate

Apr 26, 2012

House

Remains in Revenue & Finance Committee

House

Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000

Apr 19, 2012

House

Added Alternate Chief Co-Sponsor Rep. Carol A. Sente

House

Added Alternate Chief Co-Sponsor Rep. Fred Crespo

Apr 16, 2012

House

Assigned to Revenue & Finance Committee

Mar 29, 2012

House

Arrived in House

Senate

Third Reading - Passed; 057-000-000

Senate

Placed on Calendar Order of 3rd Reading

Senate

Recalled to Second Reading

Senate

Senate Floor Amendment No. 1 Adopted; Harmon

House

Referred to Rules Committee

House

First Reading

House

Placed on Calendar Order of First Reading

House

Chief House Sponsor Rep. Michael J. Zalewski

Mar 27, 2012

Senate

Senate Floor Amendment No. 1 Recommend Do Adopt Revenue; 010-000-000

Mar 06, 2012

Senate

Senate Floor Amendment No. 1 Assignments Refers to Revenue

Mar 05, 2012

Senate

Senate Floor Amendment No. 1 Referred to Assignments

Senate

Senate Floor Amendment No. 1 Filed with Secretary by Sen. Don Harmon

Feb 27, 2012

Senate

Placed on Calendar Order of 3rd Reading February 28, 2012

Senate

Second Reading

Feb 24, 2012

Senate

Do Pass Revenue; 010-000-000

Senate

Placed on Calendar Order of 2nd Reading February 27, 2012

Feb 17, 2012

Senate

Assigned to Revenue

Feb 07, 2012

Senate

Filed with Secretary by Sen. Don Harmon

Senate

Referred to Assignments

Senate

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML
Enrolled HTML

Related Documents

Document Format
Public Act
House Amendment 001
Senate Amendment 001

Sources

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