PROP TX-COMPULSORY SALES Senate SponsorsSen. Chris Lauzen-Dan Kotowski and Toi W. Hutchinson House Sponsors(Rep. La Shawn K. Ford) 1/8/2013SenateSession Sine Die 35 ILCS 200/16-123 newAmends the Property Tax Code. Provides that the board of review in a county with more than 3,000,000 inhabitants shall include compulsory sales when reviewing and correcting assessments, including, but not limited to, those compulsory sales submitted by the taxpayer, if the board determines that those sales reflect the same property characteristics and condition as those originally used to make the assessment. Provides that the board shall consider whether the compulsory sale would otherwise be considered an arm's length transaction. Effective immediately. 2/8/2011SenateFiled with Secretary by Sen. Chris Lauzen 2/8/2011SenateFirst Reading 2/8/2011SenateReferred to Assignments 2/23/2011SenateAssigned to Revenue 3/3/2011SenateDo Pass Revenue; 010-000-000 3/3/2011SenatePlaced on Calendar Order of 2nd Reading March 8, 2011 3/3/2011SenateAdded as Chief Co-Sponsor Sen. Dan Kotowski 3/4/2011SenateAdded as Co-Sponsor Sen. Toi W. Hutchinson 3/9/2011SenateSecond Reading 3/9/2011SenatePlaced on Calendar Order of 3rd Reading March 10, 2011 3/31/2011SenateThird Reading - Passed; 054-000-000 3/31/2011HouseArrived in House 4/7/2011HousePlaced on Calendar Order of First Reading 4/7/2011HouseChief House Sponsor Rep. La Shawn K. Ford 4/7/2011HouseReferred to Rules Committee 4/11/2011HouseAssigned to Revenue & Finance Committee 5/13/2011HouseCommittee Deadline Extended-Rule 9(b) May 20, 2011 5/16/2011HouseMotion Filed to Suspend Rule 25 Revenue & Finance Committee; Rep. Barbara Flynn Currie 5/16/2011HouseMotion to Suspend Rule 25 - Prevailed by Voice Vote 5/20/2011HouseFinal Action Deadline Extended-9(b) May 27, 2011 5/27/2011HouseFinal Action Deadline Extended-9(b) May 31, 2011 5/31/2011HouseRule 19(a) / Re-referred to Rules Committee 1/8/2013SenateSession Sine Die