Bill Texts: IL HB2625 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Property Tax Code. Creates an abatement for commercial property upon which a permeable surface has been installed. Provides that the amount of the abatement may not exceed $20 per square foot of permeable surface installed and shall be granted only for the first taxable year after the taxable year in which the permeable surface is installed. Provides that the term "permeable surface" means a near-zero-slump, open-graded material consisting of portland cement, coarse aggregate, little or no fine aggregate, admixtures, and water. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2019-01-08 - Session Sine Die [HB2625 Detail]

Bill Drafts

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Introduced2017-02-08HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB2625

Supplemental Documents

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No supplemental documents for Illinois HB2625 currently on file.

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