SENIOR TAX DEFERRAL-INCOME House SponsorsRep. Barbara Flynn Currie-Esther Golar, Rita Mayfield, Jack D. Franks, Keith Farnham, Carol A. Sente, Linda Chapa LaVia and Eddie Lee Jackson, Sr. Senate Sponsors(Sen. John G. Mulroe, John J. Millner-Dan Kotowski and Ira I. Silverstein) 8/22/2011HousePublic Act . . . . . . . . . 97-0481 320 ILCS 30/2from Ch. 67 1/2, par. 452320 ILCS 30/3from Ch. 67 1/2, par. 453 Amends the Senior Citizens Real Estate Tax Deferral Act. Beginning in tax year 2012, increases the taxpayer's income limit from $50,000 to $55,000. Provides that "qualified property" must not be held in trust, other than an Illinois land trust with the taxpayer identified as the sole beneficiary, if the taxpayer is filing for the program for the first time effective as of the January 1, 2011 assessment year or tax year 2012 and thereafter. Effective as of the January 1, 2011 assessment year or tax year 2012 and thereafter, provides that the total amount of any deferral shall not exceed $5,000 per taxpayer in each tax year. Effective immediately.Senate Committee Amendment No. 1 Adds reference to:35 ILCS 200/11-80.1 new35 ILCS 200/11-8535 ILCS 200/11-90Amends the Property Tax Code. Provides that any increase in railroad operating property's overall valuation that is directly attributable to the investment, improvement, replacement, or expansion of railroad operating property on or after January 1, 2010, through State or federal government programs necessary for higher speed passenger rail transportation, including cooperative agreements, shall be excluded from the valuation of its real property improvements. Provides that certain statements and schedules required to be submitted by railroad companies must include information pertaining to any potential increases in the property's overall valuation that is directly attributable to the investment, improvement, replacement, or expansion of railroad operating property on or after January 1, 2010 through State or federal governmental programs necessary for higher speed passenger rail transportation. 2/14/2011HouseFiled with the Clerk by Rep. Barbara Flynn Currie 2/15/2011HouseFirst Reading 2/15/2011HouseReferred to Rules Committee 2/22/2011HouseAssigned to Revenue & Finance Committee 3/3/2011HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000 3/3/2011HouseRemains in Revenue & Finance Committee 3/17/2011HouseDo Pass / Short Debate Revenue & Finance Committee; 009-000-000 3/17/2011HousePlaced on Calendar 2nd Reading - Short Debate 3/30/2011HouseSecond Reading - Short Debate 3/30/2011HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/30/2011HouseAdded Co-Sponsor Rep. Rita Mayfield 3/31/2011HouseThird Reading - Short Debate - Passed 110-000-000 3/31/2011HouseAdded Co-Sponsor Rep. Jack D. Franks 3/31/2011HouseAdded Co-Sponsor Rep. Keith Farnham 3/31/2011HouseAdded Co-Sponsor Rep. Carol A. Sente 3/31/2011HouseAdded Co-Sponsor Rep. Linda Chapa LaVia 3/31/2011HouseAdded Co-Sponsor Rep. Eddie Lee Jackson, Sr. 4/6/2011SenateArrive in Senate 4/6/2011SenatePlaced on Calendar Order of First Reading April 7, 2011 4/7/2011SenateChief Senate Sponsor Sen. John G. Mulroe 4/8/2011SenateFirst Reading 4/8/2011SenateReferred to Assignments 4/27/2011SenateAssigned to Revenue 5/5/2011SenateAdded as Alternate Co-Sponsor Sen. John J. Millner 5/5/2011SenatePostponed - Revenue 5/5/2011SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe 5/5/2011SenateSenate Committee Amendment No. 1 Referred to Assignments 5/10/2011SenateSenate Committee Amendment No. 1 Assignments Refers to Revenue 5/11/2011SenateSenate Committee Amendment No. 1 Adopted 5/11/2011SenateDo Pass as Amended Revenue; 010-000-000 5/11/2011SenatePlaced on Calendar Order of 2nd Reading May 12, 2011 5/12/2011SenateAdded as Alternate Chief Co-Sponsor Sen. Dan Kotowski 5/12/2011SenateSecond Reading 5/12/2011SenatePlaced on Calendar Order of 3rd Reading May 13, 2011 5/17/2011SenateAdded as Alternate Co-Sponsor Sen. Ira I. Silverstein 5/17/2011SenateThird Reading - Passed; 057-000-000 5/17/2011HouseArrived in House 5/17/2011HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1 5/17/2011HouseSenate Committee Amendment No. 1 Motion Filed Concur Rep. Barbara Flynn Currie; MOTION #1 5/17/2011HouseSenate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee; MOTION #1 5/29/2011HouseSenate Committee Amendment No. 1 Motion Filed Non-Concur Rep. Barbara Flynn Currie; MOTION #2 5/30/2011HouseSenate Committee Amendment No. 1 Motion to Concur Rules Referred to Revenue & Finance Committee; MOTION #1 5/31/2011HouseSenate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Revenue & Finance Committee; 009-000-000; MOTION #1 5/31/2011HouseSenate Committee Amendment No. 1 House Concurs 116-000-000 5/31/2011HousePassed Both Houses 5/31/2011HouseAdded Chief Co-Sponsor Rep. Esther Golar 6/29/2011HouseSent to the Governor 8/22/2011HouseGovernor Approved 8/22/2011HouseEffective Date August 22, 2011 8/22/2011HousePublic Act . . . . . . . . . 97-0481