PROP TX-PPV LEASES Senate SponsorsSen. Terry Link and Emil Jones, III House Sponsors(Rep. Rita Mayfield) 8/5/2016SenatePublic Act . . . . . . . . . 99-0738 35 ILCS 200/10-36535 ILCS 200/10-380Amends the Property Tax Code. Provides that the valuation procedures for PPV leases sunsets on January 1, 2017 (currently, January 1, 2016). Effective immediately. 2/17/2016SenateFiled with Secretary by Sen. Terry Link 2/17/2016SenateFirst Reading 2/17/2016SenateReferred to Assignments 3/1/2016SenateAssigned to Revenue 3/10/2016SenateDo Pass Revenue; 009-000-000 3/10/2016SenatePlaced on Calendar Order of 2nd Reading March 16, 2016 3/17/2016SenateSecond Reading 3/17/2016SenatePlaced on Calendar Order of 3rd Reading April 5, 2016 4/12/2016SenateThird Reading - Passed; 053-000-000 4/12/2016HouseArrived in House 4/12/2016HouseChief House Sponsor Rep. Rita Mayfield 4/12/2016HouseFirst Reading 4/12/2016HouseReferred to Rules Committee 4/18/2016HouseAssigned to Revenue & Finance Committee 4/27/2016HouseTo Property Tax Subcommittee 5/10/2016SenateAdded as Co-Sponsor Sen. Emil Jones, III 5/12/2016HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 005-000-000 5/12/2016HouseRemains in Revenue & Finance Committee 5/12/2016HouseDo Pass / Short Debate Revenue & Finance Committee; 012-000-000 5/12/2016HousePlaced on Calendar 2nd Reading - Short Debate 5/17/2016HouseSecond Reading - Short Debate 5/17/2016HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/19/2016HouseThird Reading - Short Debate - Passed 109-001-000 5/19/2016SenatePassed Both Houses 6/17/2016SenateSent to the Governor 8/5/2016SenateGovernor Approved 8/5/2016SenateEffective Date August 5, 2016 8/5/2016SenatePublic Act . . . . . . . . . 99-0738