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<xml>
<title>Illinois General Assembly - Bill Status for HB 5542         </title>
<shortdesc>PROP TX-CHARITABLE EXEMPTION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Tracy Katz Muhl, Emanuel "Chris" Welch, Anne Stava-Murray, Maura Hirschauer, Will Guzzardi, Kelly M. Cassidy, Robert "Bob" Rita, Katie Stuart, Camille Y. Lilly, Jackie Haas, Cyril Nichols, Justin Slaughter, Theresa Mah, Hoan Huynh, Norma Hernandez, Travis Weaver, Amy Elik, Joe C. Sosnowski, Gregg Johnson, Curtis J. Tarver, II, Jennifer Gong-Gershowitz, Lawrence "Larry" Walsh, Jr., Kevin John Olickal, Mary Beth Canty, Diane Blair-Sherlock, Kimberly Du Buclet, Mary Gill, Dave Vella, Joyce Mason, Yolonda Morris, Maurice A. West, II, Sonya M. Harper, Fred Crespo and Michael J. Kelly</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-65</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. In provisions concerning charitable exemptions granted to limited liability companies, removes a requirement that the limited liability company must be a disregarded entity for federal and Illinois income tax purposes.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2024</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Tracy Katz Muhl</action>
<statusdate>2/9/2024</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/9/2024</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/28/2024</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/8/2024</statusdate><chamber>House</chamber><action>To Revenue - Property Tax Subcommittee</action>
<statusdate>4/4/2024</statusdate><chamber>House</chamber><action>Recommends Do Pass Subcommittee/ Revenue &amp; Finance Committee;  005-000-000</action>
<statusdate>4/4/2024</statusdate><chamber>House</chamber><action>Reported Back To Revenue &amp; Finance Committee;</action>
<statusdate>4/4/2024</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Revenue &amp; Finance Committee;  018-000-000</action>
<statusdate>4/4/2024</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>4/9/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Emanuel "Chris" Welch</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Anne Stava-Murray</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Maura Hirschauer</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Will Guzzardi</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kelly M. Cassidy</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Robert "Bob" Rita</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Katie Stuart</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Camille Y. Lilly</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jackie Haas</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Cyril Nichols</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Justin Slaughter</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Theresa Mah</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Hoan Huynh</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Norma Hernandez</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Travis Weaver</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Amy Elik</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Joe C. Sosnowski</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Gregg Johnson</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Curtis J. Tarver, II</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jennifer Gong-Gershowitz</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Lawrence "Larry" Walsh, Jr.</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kevin John Olickal</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mary Beth Canty</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Diane Blair-Sherlock</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kimberly Du Buclet</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mary Gill</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dave Vella</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Joyce Mason</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Yolonda Morris</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Maurice A. West, II</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sonya M. Harper</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Fred Crespo</action>
<statusdate>4/12/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael J. Kelly</action>
<statusdate>4/19/2024</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

