Bill Title: Amends the Property Tax Code. In provisions concerning charitable exemptions granted to limited liability companies, removes a requirement that the limited liability company must be a disregarded entity for federal and Illinois income tax purposes. Effective immediately.

Spectrum: Strong Partisan Bill (Democrat 25-2)

Status: (Engrossed) 2024-05-03 - Committee/Final Action Deadline Extended-9(b) May 24, 2024 [SB3209 Detail]

Text: Latest bill text (Engrossed) [HTML]

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