Bill Text: IL SB0405 | 2011-2012 | 97th General Assembly | Amended
Bill Title: Amends the Property Tax Code. Makes a technical change in a Section concerning the definition of "year".
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2013-01-08 - Session Sine Die [SB0405 Detail]
Download: Illinois-2011-SB0405-Amended.html
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| 1 | AMENDMENT TO SENATE BILL 405
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| 2 | AMENDMENT NO. ______. Amend Senate Bill 405, AS AMENDED, | ||||||
| 3 | with reference to page and line numbers of Senate Amendment No. | ||||||
| 4 | 1, on page 27, by replacing lines 18 and 19 with the following:
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| 5 | "on or after December 31, 2004, and ending prior to January 1, | ||||||
| 6 | 2011, and beginning again for tax years ending on or after | ||||||
| 7 | December 31, 2011, a taxpayer shall be
allowed a credit | ||||||
| 8 | against"; and
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| 9 | on page 29, by replacing lines 1 through 3 with the following: | ||||||
| 10 | "ending on or after December 31, 2003, and no credit may be | ||||||
| 11 | carried forward to any taxable year ending on or after January | ||||||
| 12 | 1, 2011."; and
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| 13 | on page 29, immediately below line 18, by inserting the | ||||||
| 14 | following: | ||||||
| 15 | "This subsection (k) is exempt from the provisions of | ||||||
| 16 | Section 250.".
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