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<xml>
<title>Illinois General Assembly - Bill Status for HB 5445         </title>
<shortdesc>PROP TX-LAND BANK</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Kelly Burke</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/9-195</reference><aliasreference></aliasreference><reference>35 ILCS 200/15-60</reference><aliasreference></aliasreference><reference>35 ILCS 200/21-95</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that certain property owned by a county, municipality, taxing district, unit of local government, or by one or more municipalities pursuant to an ordinance or intergovernmental agreement, that is held for land bank purposes is exempt from taxation under the Code. Provides that the property remains exempt even if the property is leased to another entity whose property is not exempt.</SynopsisText></synopsis>
<actions>
<statusdate>2/11/2014</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Kelly Burke</action>
<statusdate>2/14/2014</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/14/2014</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/19/2014</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/21/2014</statusdate><chamber>House</chamber><action>To Property Tax Subcommittee</action>
<statusdate>3/28/2014</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

