Bill Title: Amends the Property Tax Code. Provides that the county clerk shall abate 100% of property taxes levied by any taxing district for the first taxable year on foreclosed residential real estate purchased or otherwise received by a taxpayer for improvement, subject to certain conditions. Effective immediately.

Sponsorship: Partisan Bill (Democrat 6)

Status: (Failed) 2013-01-08 - Session Sine Die [SB3676 Detail]

Text: Latest bill text (Amended) [HTML]

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