---
type: "Bill"
title: "PTELL-RECOVERED VALUE"
description: "Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the definition of \"recovered tax value\" includes the equalized assessed values recovered upon the termination of a redevelopment project that was established under the Economic Development Project Area Tax Increment Act of 1995."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "95th"
identifier: "HB 983"
citation: "Illinois HB 983 (95th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 30
vote_count: 2
first_action: "2007-02-08"
last_action: "2007-08-13"
source: "openstates"
source_identifier: "ocd-bill/ff65475f-d9ae-469b-95ef-6b355195ebaf"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=983&GAID=9&DocTypeID=HB&LegId=28672&SessionID=51&GA=95"
source_hash: "6761c3405b29bb63bf839c051c0f093ef176be0e837d731a6963e071b5f72830"
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 HB 983 (95th) — PTELL-RECOVERED VALUE

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the definition of "recovered tax value" includes the equalized assessed values recovered upon the termination of a redevelopment project that was established under the Economic Development Project Area Tax Increment Act of 1995.

## 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=09500HB0983&GA=95&SessionId=51&DocTypeId=HB&LegID=28672&DocNum=983&GAID=9&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500HB0983eng&GA=95&SessionId=51&DocTypeId=HB&LegID=28672&DocNum=983&GAID=9&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500HB0983enr&GA=95&SessionId=51&DocTypeId=HB&LegID=28672&DocNum=983&GAID=9&Session=&print=true)

## Votes

- Third Reading — **116–0** (pass) · lower
- Third Reading — **58–0** (pass) · upper

## Sponsors

- Elizabeth Coulson — primary (person)

## Timeline

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

- **2007-02-08** Filed with the Clerk by Rep. Elizabeth Coulson `filing`
- **2007-02-08** First Reading `reading-1`
- **2007-02-08** Referred to Rules Committee `referral-committee`
- **2007-02-15** Assigned to Revenue Committee `referral-committee`
- **2007-02-21** Added Co-Sponsor Rep. Elaine Nekritz
- **2007-03-02** Recommends Do Pass Subcommittee/ Revenue Committee; 003-000-000 `committee-passage`
- **2007-03-02** Remains in Revenue Committee
- **2007-03-23** Committee Deadline Extended-Rule 9(b) March 31, 2007
- **2007-03-29** Do Pass / Short Debate Revenue Committee; 011-000-000 `committee-passage`
- **2007-03-29** Placed on Calendar 2nd Reading - Short Debate
- **2007-04-17** Second Reading - Short Debate `reading-2`
- **2007-04-17** Placed on Calendar Order of 3rd Reading - Short Debate
- **2007-04-18** Third Reading - Short Debate - Passed 116-000-000 `reading-3, passage`
- **2007-04-20** Arrive in Senate `introduction`
- **2007-04-20** Placed on Calendar Order of First Reading `reading-1`
- **2007-04-20** Chief Senate Sponsor Sen. Jeffrey M. Schoenberg
- **2007-04-20** First Reading `reading-1`
- **2007-04-20** Referred to Rules `referral-committee`
- **2007-04-25** Assigned to Revenue `referral-committee`
- **2007-05-02** Do Pass Revenue; 009-000-000 `committee-passage`
- **2007-05-02** Placed on Calendar Order of 2nd Reading May 3, 2007
- **2007-05-03** Second Reading `reading-2`
- **2007-05-03** Placed on Calendar Order of 3rd Reading May 8, 2007
- **2007-05-16** Added as Alternate Chief Co-Sponsor Sen. Susan Garrett
- **2007-05-16** Third Reading - Passed; 058-000-000 `reading-3, passage`
- **2007-05-16** Passed Both Houses
- **2007-06-14** Sent to the Governor `executive-receipt`
- **2007-08-13** Governor Approved `executive-signature`
- **2007-08-13** Effective Date January 1, 2008
- **2007-08-13** Public Act . . . . . . . . . 95-0090 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ff65475f-d9ae-469b-95ef-6b355195ebaf`. Confidence: reported (aggregated from official Illinois legislature records).