Illinois House Bill 805 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on February 9 2021 - 25% progression, died in committee
Action: 2021-03-27 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Property Tax Code. Provides for a reduction in the assessed value of newly constructed or rehabilitated rental property if the owner of the residential real property commits that, for a period of 10 years, at least 15% of the multifamily building's units will have rents that are at or below maximum rents and are occupied by households with household incomes at or below maximum income limits. Provides that the chief county assessment officer of a county with 3,000,000 or more inhabitants shall establish such a program. Sets forth application requirements and the amount of the reduction. Effective immediately.

PROP TX-RENTAL HOUSING

Rep. Curtis Tarver [D]	Rep. Theresa Mah [D]	Rep. Michelle Mussman [D]	Rep. Lindsey LaPointe [D]
Rep. Maurice West [D]	Rep. Margaret Croke [D]

Date	Chamber	Action
2021-03-27	House	House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
2021-03-27	House	Rule 19(a) / Re-referred to Rules Committee
2021-03-23	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
2021-03-22	House	House Committee Amendment No. 1 Referred to Rules Committee
2021-03-22	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Curtis J. Tarver, II
2021-03-17	House	Added Co-Sponsor Rep. Margaret Croke
2021-03-17	House	Added Co-Sponsor Rep. Maurice A. West, II
2021-03-11	House	To Property Tax Subcommittee
2021-03-02	House	Assigned to Revenue & Finance Committee
2021-02-24	House	Added Co-Sponsor Rep. Lindsey LaPointe
2021-02-24	House	Added Co-Sponsor Rep. Michelle Mussman
2021-02-24	House	Added Chief Co-Sponsor Rep. Theresa Mah
2021-02-10	House	Referred to Rules Committee
2021-02-10	House	First Reading
2021-02-09	House	Filed with the Clerk by Rep. Curtis J. Tarver, II

Chapter	Article	Section	Citation Type	Statute Text
35	200	15-178	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=805&GAID=16&DocTypeID=HB&SessionID=110&GA=102
Text	https://www.ilga.gov/legislation/102/HB/10200HB0805.htm
Amendment	https://www.ilga.gov/legislation/102/HB/10200HB0805ham001.htm