IL SB2859 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Passed on July 1 2024 - 100% progression
Action: 2024-07-01 - Public Act . . . . . . . . . 103-0631
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Passed on July 1 2024 - 100% progression
Action: 2024-07-01 - Public Act . . . . . . . . . 103-0631
Text: Latest bill text (Chaptered) [HTML]
Summary
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.
Title
PROP TX-WASTEWATER
Sponsors
Roll Calls
2024-05-15 - House - Third Reading in House (Y: 113 N: 0 NV: 0 Abs: 0) [PASS]
2024-04-12 - Senate - Third Reading in Senate (Y: 58 N: 0 NV: 1 Abs: 0) [PASS]
2024-04-12 - Senate - Third Reading in Senate (Y: 58 N: 0 NV: 1 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2024-07-01 | Senate | Public Act . . . . . . . . . 103-0631 |
2024-07-01 | Senate | Effective Date July 1, 2024 |
2024-07-01 | Senate | Governor Approved |
2024-06-13 | Senate | Sent to the Governor |
2024-05-15 | House | Added Alternate Co-Sponsor Rep. Dave Severin |
2024-05-15 | Senate | Passed Both Houses |
2024-05-15 | House | Third Reading - Short Debate - Passed 113-000-000 |
2024-05-13 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2024-05-13 | House | Second Reading - Short Debate |
2024-05-09 | House | Placed on Calendar 2nd Reading - Short Debate |
2024-05-09 | House | Do Pass / Short Debate Revenue & Finance Committee; 018-000-000 |
2024-05-03 | House | Committee/Final Action Deadline Extended-9(b) May 24, 2024 |
2024-04-24 | House | Assigned to Revenue & Finance Committee |
2024-04-15 | House | Referred to Rules Committee |
2024-04-15 | House | First Reading |
2024-04-12 | House | Chief House Sponsor Rep. Anthony DeLuca |
2024-04-12 | House | Arrived in House |
2024-04-12 | Senate | Third Reading - Passed; 058-000-000 |
2024-04-11 | Senate | Added as Co-Sponsor Sen. Chapin Rose |
2024-04-10 | Senate | Placed on Calendar Order of 3rd Reading ** |
2024-03-14 | Senate | Placed on Calendar Order of 3rd Reading March 20, 2024 |
2024-03-14 | Senate | Second Reading |
2024-02-21 | Senate | Placed on Calendar Order of 2nd Reading February 22, 2024 |
2024-02-21 | Senate | Placed on Calendar Order of 2nd Reading February 22, 2024 |
2024-02-21 | Senate | Do Pass Revenue; 008-000-000 |
2024-02-06 | Senate | Assigned to Revenue |
2024-01-19 | Senate | Referred to Assignments |
2024-01-19 | Senate | First Reading |
2024-01-19 | Senate | Filed with Secretary by Sen. Steve McClure |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 200 | 11-145 | Amended Code | Citation Text |
35 | 200 | 11-175 | New Code | See Bill Text |
35 | 200 | 11-180 | New Code | See Bill Text |
35 | 200 | 11-185 | New Code | See Bill Text |
35 | 200 | 11-190 | New Code | See Bill Text |
35 | 200 | 11-195 | New Code | See Bill Text |
35 | 200 | 11-200 | New Code | See Bill Text |
35 | 200 | 11-205 | New Code | See Bill Text |
35 | 200 | 11-210 | New Code | See Bill Text |
35 | 200 | 11-5 | New Code | See Bill Text |