IL SB3209 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Strong Partisan Bill (Democrat 28-2)
Status: Passed on August 9 2024 - 100% progression
Action: 2024-08-09 - Public Act . . . . . . . . . 103-0954
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Strong Partisan Bill (Democrat 28-2)
Status: Passed on August 9 2024 - 100% progression
Action: 2024-08-09 - Public Act . . . . . . . . . 103-0954
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the Property Tax Code. In provisions concerning charitable exemptions granted to limited liability companies, removes a requirement that the limited liability company must be a disregarded entity for federal and Illinois income tax purposes. Effective immediately.
Title
PROP TX-CHARITABLE EXEMPTION
Sponsors
Roll Calls
2024-05-17 - House - Third Reading in House (Y: 101 N: 0 NV: 7 Abs: 0) [PASS]
2024-04-12 - Senate - Third Reading in Senate (Y: 58 N: 1 NV: 0 Abs: 0) [PASS]
2024-04-12 - Senate - Third Reading in Senate (Y: 58 N: 1 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-08-09 | Senate | Public Act . . . . . . . . . 103-0954 |
| 2024-08-09 | Senate | Effective Date August 9, 2024 |
| 2024-08-09 | Senate | Governor Approved |
| 2024-06-14 | Senate | Sent to the Governor |
| 2024-05-17 | Senate | Passed Both Houses |
| 2024-05-17 | House | Third Reading - Short Debate - Passed 101-000-000 |
| 2024-05-15 | House | Added Alternate Chief Co-Sponsor Rep. Kam Buckner |
| 2024-05-15 | House | Added Alternate Chief Co-Sponsor Rep. Dagmara Avelar |
| 2024-05-15 | House | Added Alternate Chief Co-Sponsor Rep. Will Guzzardi |
| 2024-05-15 | House | Added Alternate Chief Co-Sponsor Rep. Anna Moeller |
| 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 |
| 2024-05-02 | House | Added Alternate Co-Sponsor Rep. Camille Y. Lilly |
| 2024-04-25 | House | Alternate Co-Sponsor Removed Rep. Will Guzzardi |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Emanuel "Chris" Welch |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Kelly M. Cassidy |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Michael J. Kelly |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Sonya M. Harper |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Joyce Mason |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Dave Vella |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Kimberly Du Buclet |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Diane Blair-Sherlock |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Mary Beth Canty |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Kevin John Olickal |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Jennifer Gong-Gershowitz |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Curtis J. Tarver, II |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Gregg Johnson |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Amy Elik |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Travis Weaver |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Norma Hernandez |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Hoan Huynh |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Theresa Mah |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Justin Slaughter |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Katie Stuart |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Robert "Bob" Rita |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Will Guzzardi |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Maura Hirschauer |
| 2024-04-25 | House | Added Alternate Co-Sponsor Rep. Anne Stava-Murray |
| 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. Tracy Katz Muhl |
| 2024-04-12 | House | Arrived in House |
| 2024-04-12 | Senate | Third Reading - Passed; 058-001-000 |
| 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 |
| 2024-03-07 | Senate | Placed on Calendar Order of 2nd Reading March 12, 2024 |
| 2024-03-07 | Senate | Do Pass Revenue; 009-000-000 |
| 2024-02-14 | Senate | Assigned to Revenue |
| 2024-02-06 | Senate | Referred to Assignments |
| 2024-02-06 | Senate | First Reading |
| 2024-02-06 | Senate | Filed with Secretary by Sen. Karina Villa |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 200 | 15-65 | Amended Code | Citation Text |
