Bill Sponsors: IL HB5540 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Property Tax Code. In provisions concerning charitable exemptions granted to limited liability companies, removes a requirement that the limited liability company must be a disregarded entity for federal and Illinois income tax purposes. Effective immediately.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-02-09 - Referred to Rules Committee [HB5540 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-02-09 - Referred to Rules Committee [HB5540 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
| Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
|---|---|---|---|---|---|---|
| Representative Anna Moeller [D] | Primary | Sponsored Bills | HD-043 | FollowTheMoney | Ballotpedia | VoteSmart |
