Illinois · Senate Bill 2703 · 103rd General Assembly

PROP TX-HISTORIC RESIDENCE

SB 2703 Sponsored by Napoleon Harris III Became law

  1. Introduced Jan 10, 2024
  2. In committee Jan 10, 2024
  3. Passed the Senate Apr 12, 2024
  4. Passed the House Nov 20, 2024
  5. To the governor Dec 16, 2024
  6. Became law Dec 20, 2024

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Property Tax Code. In provisions concerning the Historic Residence Assessment Freeze Law, provides that the fair cash value of the property shall be based on the final determination by the assessment officer, board of review, Property Tax Appeal Board, or court. Provides that, after the expiration of the 8-year valuation period, if the current fair cash value is less than the adjusted base year valuation, then the assessment shall be based on the current fair cash value. Provides that these changes are declarative of existing law.

Every action

55 steps, oldest first, as the legislature records them.

Show the 47 earlier steps
  1. SenateFiled with Secretary by Sen. Cristina Castro
  2. SenateFirst Reading
  3. CommitteeReferred to Assignments · Senate Assignments
  4. CommitteeAssigned to Revenue · Senate Revenue
  5. CommitteeDo Pass Revenue; 008-000-000 · Senate Revenue
  6. SenatePlaced on Calendar Order of 2nd Reading February 22, 2024
  7. SenateSecond Reading
  8. SenatePlaced on Calendar Order of 3rd Reading March 20, 2024
  9. SenatePlaced on Calendar Order of 3rd Reading **
  10. SenateAdded as Co-Sponsor Sen. Laura M. Murphy
  11. SenateThird Reading - Passed; 059-000-000
  12. HouseArrived in House
  13. HouseChief House Sponsor Rep. Kelly M. Burke
  14. HouseFirst Reading
  15. CommitteeReferred to Rules Committee · House Rules
  16. CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
  17. HouseCommittee/Final Action Deadline Extended-9(b) May 24, 2024
  18. CommitteeDo Pass / Short Debate Revenue & Finance Committee; 015-000-000 · House Revenue & Finance
  19. HousePlaced on Calendar 2nd Reading - Short Debate
  20. HouseSecond Reading - Short Debate
  21. HouseHeld on Calendar Order of Second Reading - Short Debate
  22. HouseAlternate Chief Sponsor Changed to Rep. Emanuel "Chris" Welch
  23. HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Emanuel "Chris" Welch
  24. CommitteeHouse Floor Amendment No. 1 Referred to Rules Committee · House Rules
  25. CommitteeHouse Floor Amendment No. 1 Rules Refers to Executive Committee · House Executive
  26. CommitteeHouse Floor Amendment No. 1 Recommends Be Adopted Executive Committee; 008-004-000 · House Executive
  27. HouseThird Reading/Final Action Deadline Extended-9(b) May 27, 2024
  28. HouseThird Reading/Final Action Deadline Extended-9(b) May 31, 2024
  29. CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
  30. CommitteeHouse Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee · House Rules
  31. CommitteeApproved for Consideration Rules Committee; 005-000-000 · House Rules
  32. HousePlaced on Calendar 2nd Reading - Short Debate
  33. HouseAlternate Chief Sponsor Changed to Rep. Michael J. Kelly
  34. HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Michael J. Kelly
  35. CommitteeHouse Floor Amendment No. 2 Referred to Rules Committee · House Rules
  36. CommitteeHouse Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee · House Revenue & Finance
  37. CommitteeHouse Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 017-000-000 · House Revenue & Finance
  38. HouseHouse Floor Amendment No. 2 Adopted
  39. HousePlaced on Calendar Order of 3rd Reading - Short Debate
  40. HouseThird Reading - Short Debate - Passed 090-020-000
  41. HouseHouse Floor Amendment No. 1 Tabled
  42. SenateChief Sponsor Changed to Sen. Napoleon Harris, III
  43. SenateSecretary's Desk - Concurrence House Amendment(s) 2
  44. SenatePlaced on Calendar Order of Concurrence House Amendment(s) 2 - November 21, 2024
  45. SenateHouse Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Napoleon Harris, III
  46. CommitteeHouse Floor Amendment No. 2 Motion to Concur Referred to Assignments · Senate Assignments
  47. CommitteeHouse Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments · Senate Assignments
  1. SenateHouse Floor Amendment No. 2 3/5 Vote Required
  2. SenateHouse Floor Amendment No. 2 Senate Concurs 048-003-001
  3. SenateSenate Concurs
  4. SenatePassed Both Houses
  5. SenateSent to the Governor
  6. SenateGovernor Approved
  7. SenateEffective Date December 31, 2024
  8. SenatePublic Act . . . . . . . . . 103-1058

Roll calls

7 recorded votes: 3 on the floor, 4 in committee. Each shows how every member voted.

Third Reading · Full Senate

Passed 59–0
Apr 12, 2024 · journal entry
Yes 59 No 0
Democrats: 40 yes, 0 no Republicans: 19 yes, 0 no
How each member voted

Yes · 59

Third Reading · Full House

Passed 90–20
Nov 20, 2024 · journal entry
Yes 90 No 20 Not voting 8
Democrats: 70 yes, 3 no Republicans: 20 yes, 17 no
How each member voted

Yes · 90

No · 20

Not voting · 1

Absent · 1

Excused · 6

House Floor Amendment No. 2 - Concurrence · Full Senate

Passed 48–3
Nov 21, 2024 · journal entry
Yes 48 No 3 Not voting 8
Democrats: 36 yes, 2 no Republicans: 12 yes, 1 no
How each member voted

Yes · 48

No · 3

Not voting · 8

Committee and other votes

DateWhereQuestionResult
Feb 21, 2024 Senate Revenue Revenue - Do Pass
Members

Yes · 8

Not voting · 2

 Passed 8–0
May 14, 2024 House Revenue & Finance Revenue & Finance - Do Pass
Members

Yes · 15

Not voting · 4

 Passed 15–0
May 22, 2024 House Executive House Floor Amendment No. 1 - Executive - Recommends Be Adopted
Members

Yes · 8

No · 4

 Passed 8–4
Nov 20, 2024 House Revenue & Finance House Floor Amendment No. 2 - Revenue & Finance - Recommends Be Adopted
Members

Yes · 17

Not voting · 2

 Passed 17–0

Sponsors

The member who introduced it, joined by 1 cosponsor: 1 Democrat.

All 1 cosponsor

From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.