HB 504 Illinois House · 94th Regular Session

PROP TX-REFUNDS

Summary
Amends the Property Tax Code. Provides that property tax refunds must be paid to the taxpayer at the annual rate of the lesser of (i) 5% or (ii) the percentage increase in the Consumer Price Index For All Urban Consumers during the 12-month calendar year preceding the levy year for which the refund was made, as published by the federal Bureau of Labor Statistics (now, the interest rate is 5% per year). Effective January 1, 2006.
Bill status signed all 5 stages cleared
Introduction
Mar 2005
Committee Review
Apr 2005
House Passage
May 2005
Senate Passage
May 2005
Signed into Law
Aug 2005
Introduced Mar 17, 2005 Signed Aug 12, 2005
Floor votes · Senate May 17, 2005 · House Mar 17, 2005

How they voted

48–5
Passed · 2 other
Total votes 55
May 17, 2005
D Democratic29
26 Yea 2 Nay 1
89% Yea
R Republican26
22 Yea 3 Nay 1
84% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
41
Key actions
8
Committee
8
Aug 12, 2005
Signed into law
Governor Approved
lower
May 17, 2005
Lower · Passed
Passed Both Houses
lower
May 17, 2005
Senate · Passed
Senate Vote: pass (48-5-2)
senate
Apr 21, 2005
Upper · Passed
Do Pass Revenue; 010-000-000
upper
Apr 13, 2005
Committee
Assigned to Revenue
upper
Apr 6, 2005
Committee
Referred to Rules
upper
Mar 17, 2005
Introduced
Arrive in Senate
upper
Mar 17, 2005
House · Passed
House Vote: pass (60-48-7)
house
Mar 10, 2005
Lower · Passed
Do Pass / Short Debate Revenue Committee; 012-000-000
lower
Feb 18, 2005
Lower · Passed
Remains in Revenue Committee
lower
Feb 18, 2005
Lower · Passed
Recommends Be Adopted Sub-committee/ Revenue Committee; 003-000-000
lower
Feb 2, 2005
Committee
Assigned to Revenue Committee
lower
Jan 27, 2005
Committee
Referred to Rules Committee
lower
0 primary · 2 co-sponsors

Sponsors

No sponsor information available.