IL HB5445 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides that certain property owned by a county, municipality, taxing district, unit of local government, or by one or more municipalities pursuant to an ordinance or intergovernmental agreement, that is held for land bank purposes is exempt from taxation under the Code. Provides that the property remains exempt even if the property is leased to another entity whose property is not exempt.
Title
PROP TX-LAND BANK
Sponsors
| Rep. Kelly Burke [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-12-03 | House | Session Sine Die |
| 2014-03-28 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2014-03-21 | House | To Property Tax Subcommittee |
| 2014-03-19 | House | Assigned to Revenue & Finance Committee |
| 2014-02-14 | House | Referred to Rules Committee |
| 2014-02-14 | House | First Reading |
| 2014-02-11 | House | Filed with the Clerk by Rep. Kelly Burke |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 200 | 15-60 | Amended Code | Citation Text |
| 35 | 200 | 21-95 | Amended Code | Citation Text |
| 35 | 200 | 9-195 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5445&GAID=12&DocTypeID=HB&SessionID=85&GA=98 |
| Text | https://www.ilga.gov/legislation/98/HB/09800HB5445.htm |
