---
type: "Bill"
title: "REVENUE-TECH"
description: "Amends the Property Tax Code. Makes a technical change in a Section concerning the definition of \"33 1/3%\"."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "94th"
identifier: "SB 702"
citation: "Illinois SB 702 (94th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 58
vote_count: 3
first_action: "2005-02-18"
last_action: "2006-06-30"
source: "openstates"
source_identifier: "ocd-bill/2a37ba1b-4731-4eeb-af8b-8b63a40a1d9e"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=702&GAID=8&DocTypeID=SB&LegId=17747&SessionID=50&GA=94"
source_hash: "7141dbb538f0317f71f14609b69343aed8af413e433612862120d0d9fd54ed1c"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois SB 702 (94th) — REVENUE-TECH

Amends the Property Tax Code. Makes a technical change in a Section concerning the definition of "33 1/3%".

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400SB0702&GA=94&SessionId=50&DocTypeId=SB&LegID=17747&DocNum=702&GAID=8&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400SB0702eng&GA=94&SessionId=50&DocTypeId=SB&LegID=17747&DocNum=702&GAID=8&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400SB0702enr&GA=94&SessionId=50&DocTypeId=SB&LegID=17747&DocNum=702&GAID=8&Session=&print=true)

## Votes

- Third Reading — **33–18** (pass) · upper
- Concurrence — **55–2** (pass) · upper
- Third Reading — **64–49** (pass) · lower

## Sponsors

- Terry Link — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2005-02-18** Filed with Secretary by Sen. Don Harmon `filing`
- **2005-02-18** Chief Co-Sponsor Sen. Emil Jones, Jr.
- **2005-02-18** First Reading `reading-1`
- **2005-02-18** Referred to Rules `referral-committee`
- **2005-02-24** Assigned to Revenue `referral-committee`
- **2005-03-10** Do Pass Revenue; 006-003-000 `committee-passage`
- **2005-03-10** Placed on Calendar Order of 2nd Reading March 15, 2005
- **2005-03-15** Second Reading `reading-2`
- **2005-03-15** Placed on Calendar Order of 3rd Reading March 16, 2005
- **2005-04-12** Placed on Calendar Order of 3rd Reading ** April 13, 2005
- **2005-04-15** Rule 2-10 Third Reading Deadline Extended to December 31, 2005 `reading-3`
- **2005-07-01** Pursuant to Senate Rule 3-9(b) / Referred to Rules `referral-committee`
- **2005-11-04** Rule 2-10 Third Reading Deadline Extended to January 9, 2007 `reading-3`
- **2006-02-28** Chief Sponsor Changed to Sen. Terry Link
- **2006-02-28** Approved for Consideration Rules
- **2006-02-28** Placed on Calendar Order of 3rd Reading March 1, 2006
- **2006-02-28** Senate Floor Amendment No. 1 Filed with Secretary by Sen. Terry Link `amendment-introduction`
- **2006-02-28** Senate Floor Amendment No. 1 Referred to Rules `referral-committee`
- **2006-02-28** Senate Floor Amendment No. 2 Filed with Secretary by Sen. Terry Link `amendment-introduction`
- **2006-02-28** Senate Floor Amendment No. 2 Referred to Rules `referral-committee`
- **2006-02-28** Senate Floor Amendment No. 1 Rules Refers to Revenue
- **2006-03-01** Senate Floor Amendment No. 1 Recommend Do Adopt Revenue; 006-002-001
- **2006-03-02** Senate Floor Amendment No. 2 Be Approved for Consideration Rules
- **2006-03-02** Recalled to Second Reading `reading-2`
- **2006-03-02** Senate Floor Amendment No. 1 Adopted; Link `amendment-passage`
- **2006-03-02** Senate Floor Amendment No. 2 Adopted; Link `amendment-passage`
- **2006-03-02** Placed on Calendar Order of 3rd Reading
- **2006-03-02** Third Reading - Passed; 033-018-002 `reading-3, passage`
- **2006-03-03** Arrived in House `introduction`
- **2006-03-03** Placed on Calendar Order of First Reading `reading-1`
- **2006-03-03** Chief House Sponsor Rep. Robert S. Molaro
- **2006-03-03** Added Alternate Chief Co-Sponsor Rep. Karen May
- **2006-03-03** First Reading `reading-1`
- **2006-03-03** Referred to Rules Committee `referral-committee`
- **2006-03-15** Added Alternate Chief Co-Sponsor Rep. Eddie Washington
- **2006-03-23** Assigned to Revenue Committee `referral-committee`
- **2006-03-24** Final Action Deadline Extended-9(b) April 7, 2006
- **2006-03-30** House Committee Amendment No. 1 Filed with Clerk by Revenue Committee `amendment-introduction`
- **2006-03-30** House Committee Amendment No. 1 Adopted in Revenue Committee; by Voice Vote `amendment-passage`
- **2006-03-30** Do Pass as Amended / Short Debate Revenue Committee; 009-001-000 `committee-passage`
- **2006-03-30** Placed on Calendar 2nd Reading - Short Debate
- **2006-03-31** Added as Chief Co-Sponsor Sen. Jeffrey M. Schoenberg
- **2006-04-03** Second Reading - Short Debate `reading-2`
- **2006-04-03** Placed on Calendar Order of 3rd Reading - Short Debate
- **2006-04-04** Third Reading - Short Debate - Passed 064-049-001 `reading-3, passage`
- **2006-04-05** Secretary's Desk - Concurrence House Amendment(s) 01
- **2006-04-05** Placed on Calendar Order of Concurrence House Amendment(s) 01-April 6, 2006
- **2006-04-05** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Terry Link `filing`
- **2006-04-05** House Committee Amendment No. 1 Motion to Concur Referred to Rules `referral-committee`
- **2006-04-05** House Committee Amendment No. 1 Motion to Concur Rules Referred to Revenue `referral-committee`
- **2006-04-05** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Revenue; 010-000-000
- **2006-04-06** Added as Chief Co-Sponsor Sen. Susan Garrett
- **2006-04-06** House Committee Amendment No. 1 Senate Concurs 055-002-000
- **2006-04-06** Passed Both Houses
- **2006-05-05** Sent to the Governor `executive-receipt`
- **2006-06-30** Governor Approved `executive-signature`
- **2006-06-30** Effective Date June 30, 2006
- **2006-06-30** Public Act . . . . . . . . . 94-0974 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2a37ba1b-4731-4eeb-af8b-8b63a40a1d9e`. Confidence: reported (aggregated from official Illinois legislature records).