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SB 2225 Illinois Senate · 97th Regular Session

PROP TX-SUBDIVISIONS-VALUE

Summary
Amends the Property Tax Code. With respect to the assessed value of subdivided lots, provides that the value is not increased upon sale or transfer if (i) the sale is for future development, (ii) the sale or transfer is to a related entity, (iii) the transfer is to a mortgage holder pursuant to mortgage foreclosure or in lieu of foreclosure, or (iv) the sale or transfer is by a mortgagee holder. Removes language that the provisions apply only through December 31, 2011. Makes other changes. Effective immediately.
Bill status failed 3 of 5 stages cleared
Introduction
Apr 2011
Committee Review
May 2011
Senate Passage
Apr 2011
House Passage
Governor
Introduced Apr 15, 2011 Last action Jan 8, 2013
Floor votes · Senate Apr 15, 2011

How they voted

53–1
Passed · 4 other
Total votes 58
Apr 15, 2011
D Democratic34
31 Yea 1 Nay 2
91% Yea
R Republican24
22 Yea 2
91% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
30
Key actions
5
Committee
9
Amendments
5
May 31, 2011
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
May 16, 2011
Lower · Passed
Motion Filed to Suspend Rule 25 Revenue & Finance Committee; Rep. Barbara Flynn Currie
lower
May 13, 2011
Lower · Passed
Committee Deadline Extended-Rule 9(b) May 20, 2011
lower
Apr 25, 2011
Committee
Assigned to Revenue & Finance Committee
lower
Apr 15, 2011
Committee
Referred to Rules Committee
lower
Apr 15, 2011
Introduced
Arrived in House
lower
Apr 15, 2011
Senate · Passed
Senate Vote: pass (53-1-4)
senate
Apr 11, 2011
Upper · Passed
Senate Floor Amendment No. 1 Adopted; Wilhelmi
upper
Apr 6, 2011
Introduced
Senate Floor Amendment No. 1 Recommend Do Adopt Revenue; 007-000-000
upper
Mar 29, 2011
Introduced
Senate Floor Amendment No. 1 Postponed - Revenue
upper
Mar 29, 2011
Introduced
Senate Floor Amendment No. 1 Assignments Refers to Revenue
upper
Mar 25, 2011
Committee
Senate Floor Amendment No. 1 Referred to Assignments
upper
Mar 25, 2011
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. A. J. Wilhelmi
upper
Mar 17, 2011
Upper · Passed
Do Pass Revenue; 009-000-000
upper
Mar 2, 2011
Committee
Assigned to Revenue
upper
Feb 10, 2011
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.