<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2903   </title>
<shortdesc>REAL ESTATE TRANSFER TAX</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Chris Lauzen</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/31-5</reference><aliasreference></aliasreference><reference>35 ILCS 200/31-60</reference><aliasreference></aliasreference><SynopsisText>Amends the Real Estate Transfer Tax Law in the Property Tax Code. Provides that the definition of "value" includes the amount of any special service assessment on the real property. Authorizes chief county assessment officials and township or multi-township assessors to perform audits of transfer declarations. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Chris Lauzen</action>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

