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<xml>
<title>Illinois General Assembly - Bill Status for SB 1403         </title>
<shortdesc>PROP TX-PROTESTS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Michael Noland-Pamela J. Althoff</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/16-160</reference><aliasreference></aliasreference><reference>35 ILCS 200/21-387 new</reference><aliasreference></aliasreference><reference>35 ILCS 200/23-5</reference><aliasreference></aliasreference><reference>35 ILCS 200/23-7 new</reference><aliasreference></aliasreference><reference>35 ILCS 200/23-20</reference><aliasreference></aliasreference><SynopsisText>Amends the Property Tax Code. Provides that, if a taxpayer objects to all or any part of a property tax for any year based on an assessment, the taxpayer may elect to (i) pay all of the tax due or (ii) pay the amount of tax due for the year for which a tax objection complaint will be filed in compliance with Section 23-10, minus the amount attributable to any portion of the amount of the reduction in assessed value. Contains provisions concerning notice and penalties. Effective immediately.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<SynopsisText>Provides that, if the requested reduction in assessed valuation is greater than 25%, the taxpayer shall pay at least 75% of the tax due. Requires taxpayers to notify each taxing district, as shown on the last available tax bill, of the taxpayer's intention to file a tax objection complaint.</SynopsisText></synopsis>
<actions>
<statusdate>2/6/2013</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Michael Noland</action>
<statusdate>2/6/2013</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/6/2013</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/14/2013</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>2/27/2013</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Pamela J. Althoff</action>
<statusdate>2/28/2013</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/6/2013</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/13/2013</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael Noland</action>
<statusdate>3/13/2013</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>3/13/2013</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/19/2013</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Revenue</action>
<statusdate>3/20/2013</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>3/20/2013</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Revenue;  008-001-001</action>
<statusdate>3/20/2013</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 21, 2013</action>
<statusdate>4/15/2013</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. Michael Noland</action>
<statusdate>4/15/2013</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Assignments</action>
<statusdate>4/17/2013</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Assignments Refers to Revenue</action>
<statusdate>4/17/2013</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Postponed - Revenue</action>
<statusdate>4/24/2013</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Postponed - Revenue</action>
<statusdate>4/30/2013</statusdate><chamber>Senate</chamber><action>Re-referred to Assignments</action>
<statusdate>8/9/2013</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Re-referred to Assignments;  3-9(b)</action>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

