IL SB1902 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 9 2023 - 25% progression
Action: 2023-02-09 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. Allows for an abatement of taxes if the property is included in a new residential construction development that is located in a county with fewer than 300,000 inhabitants. Effective immediately.

Tracking Information

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Title

PROP TX-ABATEMENT-RESIDENTIAL

Sponsors


History

DateChamberAction
2023-02-09SenateReferred to Assignments
2023-02-09SenateFirst Reading
2023-02-09SenateFiled with Secretary by Sen. Chapin Rose

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520018-165Amended CodeCitation Text

Illinois State Sources


Bill Comments

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