IL HB0367 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Creates the Value After Rehabilitation Appraisal Act. Provides that, unless prohibited by federal law or regulation, for any program administered by this State that requires an appraisal to be performed on real estate, the appraisal may take value after rehabilitation into account. Provides that an appraisal that takes value after rehabilitation into account shall be accepted to the same extent that other appraisal methods for real estate sales and refinances are accepted.
Title
APPRAISALS-VALUE AFTER REHAB
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-08 | House | Session Sine Die |
| 2017-03-31 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2017-02-24 | House | To Property Tax Subcommittee |
| 2017-02-03 | House | House Committee Amendment No. 1 Referred to Rules Committee |
| 2017-02-03 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. La Shawn K. Ford |
| 2017-01-25 | House | Assigned to Revenue & Finance Committee |
| 2017-01-12 | House | Referred to Rules Committee |
| 2017-01-12 | House | First Reading |
| 2017-01-12 | House | Filed with the Clerk by Rep. La Shawn K. Ford |
