Bill Status of SB 2112   93rd General Assembly

Short Description:  PROP TAX-GENL HOMESTD EXEMPTN

Senate Sponsors
Sen. Terry Link-James A. DeLeo-Jacqueline Y. Collins, Martin A. Sandoval, Mattie Hunter-Iris Y. Martinez-Barack Obama, Ira I. Silverstein, Donne E. Trotter, John J. Cullerton, M. Maggie Crotty, Kimberly A. Lightford, Antonio Munoz, Patrick Welch and Susan Garrett

House Sponsors
(Rep. Michael J. Madigan-Harry Osterman-John A. Fritchey-Sidney H. Mathias-Sara Feigenholtz, Paul D. Froehlich, Robin Kelly, Karen May, Joseph M. Lyons, Elaine Nekritz, Deborah L. Graham, Mike Boland, Ralph C. Capparelli, Maria Antonia Berrios, Susana Mendoza, Patrick Verschoore, Steve Davis, Kurt M. Granberg, Jay C. Hoffman, Kathleen A. Ryg, Marlow H. Colvin, Karen A. Yarbrough, Lou Lang, Richard T. Bradley, Daniel J. Burke, Monique D. Davis, Mary E. Flowers, Edward J. Acevedo and Larry McKeon)


Last Action  View All Actions

DateChamber Action
  7/12/2004SenatePublic Act . . . . . . . . . 93-0715

Statutes Amended In Order of Appearance
35 ILCS 200/15-175

Synopsis As Introduced
Amends the General Homestead Exemption provisions of the Property Tax Code. Provides that in a county with 3,000,000 or more inhabitants if the assessed valuation of property has increased by more than 20% over the previous assessed valuation of that property, an additional exemption is allowed, with the amount of the additional exemption determined by household income. Effective immediately.

Senate Committee Amendment No. 1
Adds reference to:
35 ILCS 200/15-172
35 ILCS 200/15-180
30 ILCS 805/8.28 new

Deletes everything. Amends the Senior Citizens Assessment Freeze Homestead Exemption provisions in the Property Tax Code. Increases the ceiling for household income eligibility, for taxable years 2003 and thereafter, from $40,000 per year to $45,000 per year. Amends the Property Tax Code. Provides that, in any county, if the assessed valuation of property has increased by more than 20% over the previous assessed valuation of that property, an additional general exemption is allowed, with the amount determined by household income. Provides that in all counties (now, in counties with more than 3,000,000 inhabitants), the assessor or chief county assessment officer may use specified methods to determine the eligibility of residential property to receive the homestead exemption and the amount of the exemption. Requires a taxpayer applying for the additional general homestead exemption to submit an application and an affidavit to the chief county assessment officer. Requires the Department of Revenue to issue guidelines establishing a method for verifying the accuracy of the affidavits. Requires the applications to be clearly marked as applications for the additional general homestead exemption. In provisions that authorize a partial exemption from property taxes for homestead properties that have been improved and residential structures on homestead property that have been rebuilt following a catastrophic event, changes the limit to $75,000 per year for that homestead property beginning January 1, 2004 and thereafter (now, $45,000 per year). Amends the Senior Citizens Assessment Freeze Homestead Exemption provisions and the State Mandates Act to require implementation without reimbursement from the State. Effective immediately.

Senate Floor Amendment No. 2
Adds reference to:
35 ILCS 200/15-170

Amends the Senior Citizens Homestead Exemption provisions of the Property Tax Code. Provides that, in all counties (now, in counties with less than 3,000,000 inhabitants), the county board may by resolution provide that, if a person has been granted a homestead exemption, the person qualifying need not reapply for the exemption.

House Amendment No. 1
Adds reference to:
20 ILCS 620/6from Ch. 67 1/2, par. 1006
35 ILCS 200/14-15
35 ILCS 200/15-10
35 ILCS 200/15-176 new
35 ILCS 200/20-178
35 ILCS 250/20
55 ILCS 85/6from Ch. 34, par. 7006
55 ILCS 90/45from Ch. 34, par. 8045
65 ILCS 5/11-74.4-8from Ch. 24, par. 11-74.4-8
65 ILCS 5/11-74.4-9from Ch. 24, par. 11-74.4-9
65 ILCS 5/11-74.6-40
65 ILCS 110/45
105 ILCS 5/18-8.05
720 ILCS 5/17A-1from Ch. 38, par. 17A-1

Deletes everything after the enacting clause. Amends the Property Tax Code. Increases the ceiling for household income eligibility for the Senior Citizen Assessment Freeze Homestead Exemption from $40,000 for taxable years 1999 through 2003 to $45,000 for taxable years 2004 and thereafter. Provides that, for taxable years 2004 and thereafter, the maximum reduction under the Senior Citizens Homestead Exemption shall be $3,000 in all counties and the maximum reduction under the general homestead exemption shall be $5,000 in all counties. Creates an alternative general homestead exemption that applies to counties that choose to adopt the provision by ordinance. Provides that the amount of the exemption is the equalized assessed value of the homestead property for the current tax year minus the adjusted homestead value. Defines "adjusted homestead value" as the lesser of (i) the property's base homestead value increased by 7% for each tax year after the base year (2002 or 2003) through and including the current tax year or (ii) the property's equalized assessed value for the current tax year minus $4,500 in Cook County and $3,500 in all other counties in tax year 2003 or $5,000 in all counties in tax year 2004 and thereafter. Provides that "base homestead value" means the equalized assessed value of the property for the base year prior to exemptions, minus $4,500 in Cook County and $3,500 in all other counties in tax year 2003 or $5,000 in all counties in tax year 2004 and thereafter. Establishes procedures for determining the base homestead value of property improved after the base year. Provides that in counties with less than 3,000,000 inhabitants, the new general homestead exemption provisions apply only for assessment years 2003, 2004, and 2005 if 2002 is the designated base year or 2004, 2005, and 2006 if 2003 is the designated base year. Provides that if a county has elected to subject itself to the alternative general homestead exemption provisions, then, for the first taxable year only after those provisions no longer apply, creates an additional general homestead exemption of $5,000 for owners (i) who have not been granted a senior citizens assessment freeze homestead exemption for the taxable year, (ii) whose qualified property has an assessed valuation that has increased by more than 20% over the previous assessed valuation of the property, and (iii) who have a household income of $30,000 or less. Provides that in all counties (now, in counties with more than 3,000,000 inhabitants), the assessor or chief county assessment officer may use specified methods to determine the eligibility of residential property to receive the homestead exemption and the amount of the exemption. Requires a taxpayer applying for the additional general homestead exemption to submit an application and an affidavit to the chief county assessment officer. Requires the Department of Revenue to issue guidelines establishing a method for verifying the accuracy of the affidavits. In provisions that authorize a partial exemption from property taxes for homestead properties that have been improved and residential structures on homestead property that have been rebuilt following a catastrophic event, changes the limit to $75,000 per year for that homestead property beginning January 1, 2004 and thereafter (now, $45,000 per year). Amends the State aid provisions of the School Code to provide that, if the general homestead exemption is determined under the alternative general homestead exemption provisions or if an additional general homestead exemption is allowed because the owner has a household income of less than $30,000, then the available local resources shall not be effected. Makes other changes. Amends the Longtime Owner-Occupant Property Tax Relief Act to limit deferrals or exemptions to $20,000 in EAV per tax year. Amends the Economic Development Area Tax Increment Allocation Act, the County Economic Development Project Area Property Tax Allocation Act, the County Economic Development Project Area Tax Increment Allocation Act of 1991, the Economic Development Project Area Tax Increment Allocation Act of 1995, the Tax Increment Allocation Redevelopment Act and the Industrial Jobs Recovery Law in the Illinois Municipal Code, the School Code, and the Criminal Code of 1961 to include a cross reference to the alternative general homestead exemption provision in the Property Tax Code. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

 Judicial Note (Admin Office of the Illinois Courts)
 Senate Bill 2112, as amended by House Amendment 1, would neither increase nor decrease the number of judges needed in the State.

 Housing Affordability Impact Note (Housing Development Authority)
 While this legislation may provide short-term caps on real estate tax increases, its long-term effect on homeowners and homebuyers cannot be determined due to other factors affecting affordability.

 Pension Note (Economic and Fiscal Commission)
 Senate Bill 2112, as amended by House Amendment 1, would not impact any public pension fund or retirement system in Illinois.

 State Debt Impact Note (Economic and Fiscal Commission)
 As amended by HA1, would not affect the level of State indebtedness.

 Correctional Note (Dept of Corrections)
 Senate Bill 2112, as amended by House Amendment 1, will not have a corrections population or fiscal impact on the Department of Corrections.

Actions 
DateChamber Action
  11/4/2003SenateFiled with Secretary by Sen. James A. DeLeo
  11/4/2003SenateFirst Reading
  11/4/2003SenateReferred to Rules
  2/4/2004SenateAssigned to Revenue
  2/10/2004SenateTo Subcommittee
  2/25/2004SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. James A. DeLeo
  2/25/2004SenateSenate Committee Amendment No. 1 Referred to Rules
  2/25/2004SenateSenate Committee Amendment No. 1 Rules Refers to Revenue
  2/25/2004SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  2/25/2004SenateSenate Committee Amendment No. 1 Adopted
  2/25/2004SenateChief Co-Sponsor Changed to Sen. Jacqueline Y. Collins
  2/26/2004SenateDo Pass as Amended Revenue; 009-000-000
  2/26/2004SenatePlaced on Calendar Order of 2nd Reading March 2, 2004
  2/26/2004SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. James A. DeLeo
  2/26/2004SenateSenate Floor Amendment No. 2 Referred to Rules
  3/23/2004SenateSenate Floor Amendment No. 2 Rules Refers to Revenue
  3/23/2004SenateAdded as Co-Sponsor Sen. Martin A. Sandoval
  3/24/2004SenateSenate Floor Amendment No. 2 Be Adopted Revenue; 010-000-000
  3/24/2004SenateSecond Reading
  3/24/2004SenateSenate Floor Amendment No. 2 Adopted; DeLeo
  3/24/2004SenatePlaced on Calendar Order of 3rd Reading March 25, 2004
  3/24/2004SenateAdded as Co-Sponsor Sen. Mattie Hunter
  3/25/2004SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez
  3/25/2004SenateChief Co-Sponsor Changed to Sen. Iris Y. Martinez
  3/26/2004SenateThird Reading Deadline Extended - Rule 2-10(e), January 11, 2005.
  3/31/2004SenateAdded as Chief Co-Sponsor Sen. Barack Obama
  3/31/2004SenateAdded as Chief Co-Sponsor Sen. M. Maggie Crotty
  3/31/2004SenateAdded as Co-Sponsor Sen. Debbie DeFrancesco Halvorson
  3/31/2004SenateAdded as Co-Sponsor Sen. Ira I. Silverstein
  3/31/2004SenateAdded as Co-Sponsor Sen. Donne E. Trotter
  3/31/2004SenateThird Reading - Passed; 054-000-000
  3/31/2004SenateChief Co-Sponsor Changed to Sen. Barack Obama
  4/1/2004HouseArrived in House
  4/1/2004HousePlaced on Calendar Order of First Reading
  4/1/2004HouseChief House Sponsor Rep. Michael J. Madigan
  4/1/2004HouseAdded Alternate Chief Co-Sponsor Rep. Harry Osterman
  4/1/2004HouseAdded Alternate Chief Co-Sponsor Rep. John A. Fritchey
  4/1/2004HouseAdded Alternate Chief Co-Sponsor Rep. Sidney H. Mathias
  4/1/2004HouseAdded Alternate Chief Co-Sponsor Rep. Sara Feigenholtz
  4/1/2004HouseAdded Alternate Co-Sponsor Rep. Paul D. Froehlich
  4/1/2004HouseFirst Reading
  4/1/2004HouseReferred to Rules Committee
  4/22/2004HouseAssigned to Revenue Committee
  4/22/2004HouseAdded Alternate Co-Sponsor Rep. Robin Kelly
  4/22/2004HouseAdded Alternate Co-Sponsor Rep. Karen May
  4/22/2004HouseAdded Alternate Co-Sponsor Rep. Joseph M. Lyons
  4/22/2004HouseAdded Alternate Co-Sponsor Rep. Elaine Nekritz
  4/22/2004HouseAdded Alternate Co-Sponsor Rep. Deborah L. Graham
  4/22/2004HouseAdded Alternate Co-Sponsor Rep. Mike Boland
  4/28/2004HouseAdded Alternate Co-Sponsor Rep. Ralph C. Capparelli
  4/28/2004HouseAdded Alternate Co-Sponsor Rep. Maria Antonia Berrios
  4/28/2004HouseAdded Alternate Co-Sponsor Rep. Susana Mendoza
  4/29/2004HouseHouse Amendment No. 1 Filed with Clerk by Revenue Committee
  4/29/2004HouseHouse Amendment No. 1 Adopted in Revenue Committee; by Voice Vote
  4/29/2004HouseDo Pass as Amended / Short Debate Revenue Committee; 005-000-003
  4/29/2004HousePlaced on Calendar 2nd Reading - Short Debate
  4/29/2004HouseAdded Alternate Co-Sponsor Rep. Patrick Verschoore
  4/29/2004HouseAdded Alternate Co-Sponsor Rep. Steve Davis
  4/29/2004HouseAdded Alternate Co-Sponsor Rep. Kurt M. Granberg
  4/29/2004HouseAdded Alternate Co-Sponsor Rep. Jay C. Hoffman
  4/29/2004HouseAdded Alternate Co-Sponsor Rep. Kathleen A. Ryg
  5/4/2004HouseJudicial Note Filed As Amended by HA 1
  5/4/2004HouseAdded Alternate Co-Sponsor Rep. James D. Brosnahan
  5/4/2004HouseSecond Reading - Short Debate
  5/4/2004HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/4/2004HouseSponsor Removed Rep. James D. Brosnahan
  5/4/2004HouseHousing Affordability Impact Note Filed As Amended by HA 1
  5/4/2004HouseAdded Alternate Co-Sponsor Rep. Marlow H. Colvin
  5/4/2004HouseAdded Alternate Co-Sponsor Rep. Karen A. Yarbrough
  5/4/2004HousePension Note Filed As Amended by HA 1
  5/4/2004HouseState Debt Impact Note Filed As Amended by HA 1
  5/5/2004HouseAdded Alternate Co-Sponsor Rep. Lou Lang
  5/5/2004HouseAdded Alternate Co-Sponsor Rep. Richard T. Bradley
  5/5/2004HouseAdded Alternate Co-Sponsor Rep. Daniel J. Burke
  5/5/2004HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis
  5/5/2004HouseAdded Alternate Co-Sponsor Rep. Mary E. Flowers
  5/5/2004HouseAdded Alternate Co-Sponsor Rep. Edward J. Acevedo
  5/5/2004HouseAdded Alternate Co-Sponsor Rep. Larry McKeon
  5/5/2004HouseThird Reading - Short Debate - Passed 077-039-001
  5/5/2004SenateSecretary's Desk - Concurrence House Amendment(s) 01
  5/5/2004SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01-May 6, 2004
  5/5/2004SenateAdded as Co-Sponsor Sen. John J. Cullerton
  5/11/2004SenateSponsor Removed Sen. Debbie DeFrancesco Halvorson
  5/17/2004SenateCorrectional Note Filed - Corrections Budget and Impact Note filed as amended by House Amendment No. 1 from the Illinois Department of Corrections.
  5/24/2004SenateHouse Amendment No. 1 Motion to Concur Filed with Secretary Sen. James A. DeLeo
  5/24/2004SenateHouse Amendment No. 1 Motion to Concur Referred to Rules
  5/24/2004SenateHouse Amendment No. 1 Motion to Concur Rules Referred to Revenue
  5/24/2004SenateChief Sponsor Changed to Sen. Terry Link
  5/24/2004SenateAdded as Co-Sponsor Sen. M. Maggie Crotty
  5/24/2004SenateChief Co-Sponsor Changed to Sen. James A. DeLeo
  5/25/2004SenateHouse Amendment No. 1 Motion to Concur Be Approved for Consideration Revenue; 006-004-000
  5/25/2004SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
  5/25/2004SenateVerified
  5/25/2004SenateHouse Amendment No. 1 Senate Concurs 030-027-000
  5/25/2004SenatePassed Both Houses
  6/11/2004SenateAdded as Co-Sponsor Sen. Antonio Munoz
  6/16/2004SenateSent to the Governor
  7/12/2004SenateGovernor Approved
  7/12/2004SenateEffective Date July 12, 2004
  7/12/2004SenatePublic Act . . . . . . . . . 93-0715
  7/13/2004SenateAdded as Co-Sponsor Sen. Patrick Welch
  7/14/2004SenateAdded as Co-Sponsor Sen. Susan Garrett

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