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SB 1598 Illinois Senate · 100th Regular Session

PROP TX-PPV LEASES

Summary
Amends the Property Tax Code. Provides that the valuation procedures for PPV leases sunsets on January 1, 2056 (currently, January 1, 2016). Provides that the definition of "net operating income" is the same for naval training facilities as it is for other military training facilities. Makes changes concerning the calculation of the fair cash value of a PPV Lease. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Apr 2017
Committee Review
May 2017
Senate Passage
May 2017
House Passage
May 2017
Signed into Law
Aug 2017
Introduced Apr 27, 2017 Signed Aug 25, 2017
Floor votes · Senate May 31, 2017 · House May 30, 2017

How they voted

36–8
Passed · 7 other
Total votes 51
May 31, 2017
D Democratic31
28 Yea 3
90% Yea
R Republican20
8 Yea 8 Nay 4
40% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
50
Key actions
12
Committee
15
Amendments
10
Aug 25, 2017
Signed into law
Governor Approved
upper
May 31, 2017
Upper · Passed
Passed Both Houses
upper
May 31, 2017
Introduced
House Floor Amendment No. 1 Senate Concurs 043-008-000
upper
May 31, 2017
Introduced
House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 016-000-000
upper
May 31, 2017
Committee
House Floor Amendment No. 1 Motion to Concur Assignments Referred to Executive
upper
May 30, 2017
Committee
House Floor Amendment No. 1 Motion to Concur Referred to Assignments
upper
May 30, 2017
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 31, 2017
upper
May 30, 2017
Introduced
Secretary's Desk - Concurrence House Amendment(s) 1
upper
May 30, 2017
House · Passed
House Vote: pass (62-38-5)
house
May 24, 2017
Lower · Passed
House Floor Amendment No. 1 Adopted
lower
May 24, 2017
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000
lower
May 23, 2017
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
May 23, 2017
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Rita Mayfield
lower
May 17, 2017
Lower · Passed
Do Pass / Short Debate Revenue & Finance Committee; 007-000-000
lower
May 9, 2017
Committee
Assigned to Revenue & Finance Committee
lower
Apr 27, 2017
Committee
Referred to Rules Committee
lower
Apr 27, 2017
Introduced
Arrived in House
lower
Mar 16, 2017
Upper · Passed
Do Pass as Amended Revenue; 008-000-000
upper
Mar 15, 2017
Upper · Passed
Senate Committee Amendment No. 2 Adopted
upper
Mar 15, 2017
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Mar 15, 2017
Upper · Passed
Senate Committee Amendment No. 2 Assignments Refers to Revenue
upper
Mar 9, 2017
Upper · Passed
Senate Committee Amendment No. 1 Postponed - Revenue
upper
Mar 8, 2017
Committee
Senate Committee Amendment No. 2 Referred to Assignments
upper
Mar 8, 2017
Introduced
Senate Committee Amendment No. 2 Filed with Secretary by Sen. Terry Link
upper
Mar 7, 2017
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Revenue
upper
Mar 2, 2017
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Mar 2, 2017
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Terry Link
upper
Feb 28, 2017
Committee
Assigned to Revenue
upper
Feb 9, 2017
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.