---
type: "Bill"
title: "PROP TX-PPV LEASES"
description: "Amends the Property Tax Code. Provides that the valuation procedures for PPV leases sunsets on January 1, 2017 (currently, January 1, 2016). Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "99th"
identifier: "SB 2782"
citation: "Illinois SB 2782 (99th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 28
vote_count: 2
first_action: "2016-02-17"
last_action: "2016-08-05"
source: "openstates"
source_identifier: "ocd-bill/d78dd86d-cbbe-436b-97aa-8d868d803952"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2782&GAID=13&DocTypeID=SB&LegId=96092&SessionID=88&GA=99"
source_hash: "2202fd3002add2b876b0f109b88d86aa571f4744ee2d9a2eeb28b06528ae1d91"
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 2782 (99th) — PROP TX-PPV LEASES

Amends the Property Tax Code. Provides that the valuation procedures for PPV leases sunsets on January 1, 2017 (currently, January 1, 2016). Effective immediately.

## 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=09900SB2782&GA=99&SessionId=88&DocTypeId=SB&LegID=96092&DocNum=2782&GAID=13&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900SB2782eng&GA=99&SessionId=88&DocTypeId=SB&LegID=96092&DocNum=2782&GAID=13&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900SB2782enr&GA=99&SessionId=88&DocTypeId=SB&LegID=96092&DocNum=2782&GAID=13&Session=&print=true)

## Votes

- Third Reading — **109–1** (pass) · lower
- Third Reading — **53–0** (pass) · upper

## Sponsors

- Terry Link — primary (person)

## Timeline

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

- **2016-02-17** Filed with Secretary by Sen. Terry Link `filing`
- **2016-02-17** First Reading `reading-1`
- **2016-02-17** Referred to Assignments `referral-committee`
- **2016-03-01** Assigned to Revenue `referral-committee`
- **2016-03-10** Do Pass Revenue; 009-000-000 `committee-passage`
- **2016-03-10** Placed on Calendar Order of 2nd Reading March 16, 2016
- **2016-03-17** Second Reading `reading-2`
- **2016-03-17** Placed on Calendar Order of 3rd Reading April 5, 2016
- **2016-04-12** Third Reading - Passed; 053-000-000 `reading-3, passage`
- **2016-04-12** Arrived in House `introduction`
- **2016-04-12** Chief House Sponsor Rep. Rita Mayfield
- **2016-04-12** First Reading `reading-1`
- **2016-04-12** Referred to Rules Committee `referral-committee`
- **2016-04-18** Assigned to Revenue & Finance Committee `referral-committee`
- **2016-04-27** To Property Tax Subcommittee
- **2016-05-10** Added as Co-Sponsor Sen. Emil Jones, III
- **2016-05-12** Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 005-000-000 `committee-passage`
- **2016-05-12** Remains in Revenue & Finance Committee
- **2016-05-12** Do Pass / Short Debate Revenue & Finance Committee; 012-000-000 `committee-passage`
- **2016-05-12** Placed on Calendar 2nd Reading - Short Debate
- **2016-05-17** Second Reading - Short Debate `reading-2`
- **2016-05-17** Placed on Calendar Order of 3rd Reading - Short Debate
- **2016-05-19** Third Reading - Short Debate - Passed 109-001-000 `reading-3, passage`
- **2016-05-19** Passed Both Houses
- **2016-06-17** Sent to the Governor `executive-receipt`
- **2016-08-05** Governor Approved `executive-signature`
- **2016-08-05** Effective Date August 5, 2016
- **2016-08-05** Public Act . . . . . . . . . 99-0738 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d78dd86d-cbbe-436b-97aa-8d868d803952`. Confidence: reported (aggregated from official Illinois legislature records).