<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1432         </title>
<shortdesc>TAX EXMPT-LOCAL PROPERTY REHAB</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jacqueline Y. Collins</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<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 property owned by an entity created by county or municipal ordinance for the purpose of acquiring troubled property and returning it to productive use is exempt from property taxation. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/6/2013</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jacqueline Y. Collins</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>2/28/2013</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>Postponed - Revenue</action>
<statusdate>3/20/2013</statusdate><chamber>Senate</chamber><action>Do Pass Revenue;  011-000-000</action>
<statusdate>3/20/2013</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 21, 2013</action>
<statusdate>4/30/2013</statusdate><chamber>Senate</chamber><action>Re-referred to Assignments</action>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

