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<title>Illinois General Assembly - Bill Status for SB 527          </title>
<shortdesc>PROP TX-WILL CO-LOSS-AIRPORT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Toi W. Hutchinson-Elgie R. Sims, Jr.</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Lawrence Walsh, Jr.-Margo McDermed-Anthony DeLuca-John Connor)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/23/2019</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 101-0532</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>5 ILCS 100/1-1</reference><aliasreference>from Ch. 127, par. 1001-1</aliasreference><SynopsisText>Amends the Illinois Administrative Procedure Act. Makes a technical change in a Section concerning the short title.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>5 ILCS 100/1-1</reference><aliasreference>from Ch. 127, par. 1001-1</aliasreference><reftype>Adds reference to:</reftype><reference>30 ILCS 105/6z-59</reference><aliasreference></aliasreference><reference>35 ILCS 200/15-55</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Property Tax Code. Provides that the amount paid to the Will County Treasurer from the Tax Recovery Fund to compensate taxing districts for the loss of revenue on real property in Will County that is owned by the State of Illinois for the purpose of developing an airport shall be based on the amount of taxes that would have been extended for the current tax year for the exempt parcel if the parcel had been owned by a person whose property is not exempt (currently, the amount of leasehold taxes extended for the 2002 property tax year). Amends the State Finance Act to provide that compensation from the Tax Recovery Fund shall continue through December 31, 2030 (currently, December 31, 2020). Effective immediately.</SynopsisText><synopsistitle>House Floor Amendment No. 2</synopsistitle>
<SynopsisText>Makes changes to the engrossed bill to provide that the State is not required to pay compensation from the Tax Recovery Fund in excess of the lesser of (i) the Fund's balance or (ii) $600,000 in any tax year (currently, in excess of the Fund's balance).</SynopsisText></synopsis>
<actions>
<statusdate>1/31/2019</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. John J. Cullerton</action>
<statusdate>1/31/2019</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/31/2019</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/20/2019</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/6/2019</statusdate><chamber>Senate</chamber><action>Do Pass Executive;  016-000-000</action>
<statusdate>3/6/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 7, 2019</action>
<statusdate>3/7/2019</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/7/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 12, 2019</action>
<statusdate>3/19/2019</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. Toi W. Hutchinson</action>
<statusdate>3/25/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Toi W. Hutchinson</action>
<statusdate>3/25/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>3/26/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Assignments Refers to Revenue</action>
<statusdate>3/27/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Recommend Do Adopt Revenue;  007-000-000</action>
<statusdate>3/28/2019</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>3/28/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Hutchinson</action>
<statusdate>3/28/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>4/4/2019</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 054-000-000</action>
<statusdate>4/4/2019</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/4/2019</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Lawrence Walsh, Jr.</action>
<statusdate>4/4/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/4/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/24/2019</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>5/6/2019</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. Lawrence Walsh, Jr.</action>
<statusdate>5/6/2019</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>5/8/2019</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Margo McDermed</action>
<statusdate>5/9/2019</statusdate><chamber>House</chamber><action>To Property Tax Subcommittee</action>
<statusdate>5/10/2019</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>5/22/2019</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>5/22/2019</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 31, 2019</action>
<statusdate>5/22/2019</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>5/22/2019</statusdate><chamber>House</chamber><action>Motion Filed to Suspend Rule 21 Revenue &amp; Finance Committee;  Rep. Gregory Harris</action>
<statusdate>5/22/2019</statusdate><chamber>House</chamber><action>Motion to Suspend Rule 21 - Prevailed</action>
<statusdate>5/23/2019</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Revenue &amp; Finance Committee;  010-000-000</action>
<statusdate>5/23/2019</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Tabled Pursuant to Rule 40</action>
<statusdate>5/23/2019</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/23/2019</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Filed with Clerk by Rep. Lawrence Walsh, Jr.</action>
<statusdate>5/23/2019</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Referred to Rules Committee</action>
<statusdate>5/23/2019</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/23/2019</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>5/24/2019</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>5/27/2019</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Recommends Be Adopted Revenue &amp; Finance Committee;  009-004-000</action>
<statusdate>5/28/2019</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Adopted</action>
<statusdate>5/28/2019</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/28/2019</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 092-020-000</action>
<statusdate>5/28/2019</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Anthony DeLuca</action>
<statusdate>5/28/2019</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. John Connor</action>
<statusdate>5/29/2019</statusdate><chamber>Senate</chamber><action>Secretary's Desk - Concurrence House Amendment(s) 2</action>
<statusdate>5/29/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of Concurrence House Amendment(s) 2 -  May 30, 2019</action>
<statusdate>5/29/2019</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Toi W. Hutchinson</action>
<statusdate>5/29/2019</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Motion to Concur Referred to Assignments</action>
<statusdate>5/29/2019</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Motion to Concur Assignments Referred to Revenue</action>
<statusdate>5/30/2019</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Revenue;  006-000-000</action>
<statusdate>5/30/2019</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Elgie R. Sims, Jr.</action>
<statusdate>5/30/2019</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Senate Concurs 056-000-000</action>
<statusdate>5/30/2019</statusdate><chamber>Senate</chamber><action>Senate Concurs</action>
<statusdate>5/30/2019</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/28/2019</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/23/2019</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/23/2019</statusdate><chamber>Senate</chamber><action>Effective Date August 23, 2019</action>
<statusdate>8/23/2019</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 101-0532</action>
</actions>
</xml>

