IL SB3275 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on August 9 2024 - 100% progression
Action: 2024-08-09 - Public Act . . . . . . . . . 103-0963
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on August 9 2024 - 100% progression
Action: 2024-08-09 - Public Act . . . . . . . . . 103-0963
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the Real Estate Transfer Tax Law in the Property Tax Code. Provides that paper revenue stamps shall be phased out by December 31, 2025. Requires counties to issue electronic revenue stamps or alternative indicia thereafter. Effective immediately.
Title
PROP TX-STAMPS
Sponsors
Roll Calls
2024-05-17 - House - Third Reading in House (Y: 106 N: 0 NV: 2 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 . . . . . . . . . 103-0963 |
| 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 106-000-000 |
| 2024-05-07 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2024-05-07 | House | Second Reading - Short Debate |
| 2024-05-02 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2024-05-02 | House | Do Pass / Short Debate Revenue & Finance Committee; 018-000-000 |
| 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. Stephanie A. Kifowit |
| 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 ** |
| 2024-04-09 | Senate | Added as Co-Sponsor Sen. Andrew S. Chesney |
| 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 |
| 2024-02-20 | 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. Linda Holmes |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 200 | 31-15 | Amended Code | Citation Text |
| 35 | 200 | 31-5 | Amended Code | Citation Text |
