IL HB3673 | 2021-2022 | 102nd General Assembly
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on February 19 2021 - 25% progression, died in committee
Action: 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 19 2021 - 25% progression, died in committee
Action: 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides that a taxing district may abate a portion of its taxes on property upon which affordable housing has been or will be constructed in a development mixed with commercial property. Provides that the value of the abatement may not exceed $500,000.
Title
PROP TX-ABATE MIXED USE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-03-27 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2021-03-16 | House | Assigned to Revenue & Finance Committee |
| 2021-02-22 | House | Referred to Rules Committee |
| 2021-02-22 | House | First Reading |
| 2021-02-19 | House | Filed with the Clerk by Rep. LaToya Greenwood |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 200 | 18-165 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3673&GAID=16&DocTypeID=HB&SessionID=110&GA=102 |
| Text | https://www.ilga.gov/legislation/102/HB/10200HB3673.htm |
