PROP TAX-TAX CAPS-NEW PROPERTY
Summary
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that "new property" means, for real property in Cook County classified as property eligible for property tax incentives (any of Classes 6 through 9) or that was so classified in the immediately preceding levy year, any increase in the assessed value of that property for the levy year attributable to a reduction or the elimination of the incentive. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2003
Committee Review
Apr 2003
Senate Passage
May 2003
House Passage
May 2003
Signed into Law
Nov 2003
Introduced Mar 20, 2003
Signed Nov 25, 2003
Floor votes · Senate Mar 20, 2003 · House May 14, 2003
How they voted
42–0
Passed · 3 other
Total votes 45
Mar 20, 2003
D
Democratic25
92% Yea
R
Republican20
95% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
42
Key actions
7
Committee
8
Amendments
2
Nov 18, 2003
Vetoed
Both Houses Override Total Veto
upper
Nov 18, 2003
Vetoed
Override Governor Veto - House Passed 076-038-001
lower
Nov 6, 2003
Vetoed
Motion Filed Override Governor Veto Rep. Robert S. Molaro
lower
Nov 6, 2003
Vetoed
Placed on Calendar Total Veto November 18, 2003
lower
Nov 4, 2003
Vetoed
Override Governor Veto - Senate Passed 050-005-001
upper
Nov 4, 2003
Vetoed
Motion Filed Override Governor Veto Sen. Christine Radogno
upper
Oct 23, 2003
Vetoed
Placed Calendar Total Veto November 4, 2003
upper
Aug 11, 2003
Vetoed
Governor Vetoed
upper
May 14, 2003
Upper · Passed
Passed Both Houses
upper
Apr 16, 2003
Lower · Passed
Do Pass / Short Debate Revenue Committee; 008-000-000
lower
Mar 31, 2003
Committee
Assigned to Revenue Committee
lower
Mar 20, 2003
Committee
Referred to Rules Committee
lower
Mar 20, 2003
Introduced
Arrived in House
lower
Mar 20, 2003
Senate · Passed
Senate Vote: pass (42-0-3)
senate
Mar 6, 2003
Upper · Passed
Do Pass as Amended Revenue; 008-000-000
upper
Mar 5, 2003
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Mar 5, 2003
Upper · Passed
Senate Committee Amendment No. 1 Rules Refers to Revenue
upper
Mar 5, 2003
Committee
Senate Committee Amendment No. 1 Referred to Rules
upper
Mar 5, 2003
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Christine Radogno
upper
Feb 26, 2003
Committee
Assigned to Revenue
upper
Feb 18, 2003
Committee
Referred to Rules
upper
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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