Comments: IL SB3259 | 2013-2014 | 98th General Assembly

Bill Title: Amends the Property Tax Code. Creates an abatement for property that (i) is used exclusively for commercial or industrial purposes and (ii) has been rebuilt following a natural disaster occurring in taxable year 2013 or any taxable year thereafter. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Passed) 2014-07-07 - Public Act . . . . . . . . . 98-0702 [SB3259 Detail]

Text: Latest bill text (Chaptered) [HTML]

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