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<xml>
<title>Illinois General Assembly - Bill Status for HB 692          </title>
<shortdesc>REVENUE-TECH</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Michael J. Madigan</sponsors>
</sponsor>
<lastaction>
<statusdate>6/23/2015</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Lost 041-021-036</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 120/2-10</reference><aliasreference></aliasreference><SynopsisText>     Amends the Retailers' Occupation Tax Act. Makes a technical change in a Section concerning the rate of tax.</SynopsisText><synopsistitle>House Floor Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>35 ILCS 120/2-10</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>35 ILCS 200/18-185</reference><aliasreference></aliasreference><reference>35 ILCS 200/18-205</reference><aliasreference></aliasreference><reference>35 ILCS 200/18-213</reference><aliasreference></aliasreference><reference>35 ILCS 200/18-214</reference><aliasreference></aliasreference><reference>35 ILCS 200/18-242 new</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.39 new</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Property Tax Code. Provides that, beginning with the 2016 levy year, the Property Tax Extension Limitation Law applies to all taxing districts, including home rule units and school districts. Provides that, beginning with the 2016 levy year, the extension limitation under the Property Tax Extension Limitation Law is 0% or the rate of increase approved by the voters. Preempts home rule. Amends the State Mandates Act to require implementation without reimbursement.</SynopsisText></synopsis>
<actions>
<statusdate>2/2/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Michael J. Madigan</action>
<statusdate>2/3/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/3/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/17/2015</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/27/2015</statusdate><chamber>House</chamber><action>Committee Deadline Extended-Rule 9(b) April 30, 2015</action>
<statusdate>4/14/2015</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Executive Committee;  011-000-000</action>
<statusdate>4/14/2015</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate **</action>
<statusdate>4/24/2015</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/24/2015</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate **</action>
<statusdate>4/24/2015</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>6/8/2015</statusdate><chamber>House</chamber><action>Approved for Consideration Rules Committee;  003-000-000</action>
<statusdate>6/8/2015</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) June 30, 2015</action>
<statusdate>6/8/2015</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>6/16/2015</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Filed with Clerk by Rep. John Bradley</action>
<statusdate>6/16/2015</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Referred to Rules Committee</action>
<statusdate>6/16/2015</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Filed with Clerk by Rep. John Bradley</action>
<statusdate>6/16/2015</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Referred to Rules Committee</action>
<statusdate>6/16/2015</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Recommends Be Adopted Rules Committee;  003-001-000</action>
<statusdate>6/16/2015</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Recommends Be Adopted Rules Committee;  003-001-000</action>
<statusdate>6/23/2015</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Adopted 044-021-031</action>
<statusdate>6/23/2015</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Lost 000-071-025</action>
<statusdate>6/23/2015</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>6/23/2015</statusdate><chamber>House</chamber><action>3/5 Vote Required</action>
<statusdate>6/23/2015</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Lost 041-021-036</action>
</actions>
</xml>

