SB 2911 Illinois Senate · 103rd Regular Session

PROP TX-TIF INCENTIVES

Summary

Amends the Property Tax Code. Provides that owners of commercial or industrial property who receive a tax incentive as a result of a tax incentivized development are not eligible to receive distributions from a tax reimbursement account. Effective immediately.

Bill status passed 3 of 4 stages cleared

Introduction

Apr 2024

Committee Review

May 2024

House Passage

Apr 2024

Governor

Introduced Apr 11, 2024 Last action May 31, 2024

Floor votes

How they voted

This bill passed the House. No roll call record of that vote is available.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 31, 2024

Committee

Rule 19(a) / Re-referred to Rules Committee

lower

May 26, 2024

Lower · Passed

Committee/Final Action Deadline Extended-9(b) May 31, 2024

lower

May 24, 2024

Lower · Passed

Committee/Final Action Deadline Extended-9(b) May 27, 2024

lower

May 3, 2024

Lower · Passed

Committee/Final Action Deadline Extended-9(b) May 24, 2024

lower

Apr 24, 2024

Committee

Assigned to Revenue & Finance Committee

lower

Apr 12, 2024

Committee

Referred to Rules Committee

lower

Apr 11, 2024

Introduced

Arrived in House

lower

Apr 11, 2024

Lower · Passed

Third Reading - Passed; 058-000-000

lower

Mar 22, 2024

Lower · Passed

Do Pass as Amended Revenue; 010-000-000

lower

Mar 22, 2024

Lower · Passed

Senate Committee Amendment No. 1 Adopted

lower

Mar 15, 2024

Lower · Passed

Rule 2-10 Committee Deadline Established As April 5, 2024

lower

Mar 12, 2024

Lower · Passed

Senate Committee Amendment No. 1 Assignments Refers to Revenue

lower

Mar 5, 2024

Committee

Senate Committee Amendment No. 1 Referred to Assignments

lower

Mar 5, 2024

Introduced

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Rachel Ventura

lower

Feb 6, 2024

Committee

Assigned to Revenue

lower

Jan 26, 2024

Committee

Referred to Assignments

lower

2 primary · 0 co-sponsors