| IL | HB1377 | Pass | Amends the Property Tax Code. Creates a homestead exemption for eligible property that contains a single family residence that was built no earlier than January 1, 2021 by a municipality and was sold to a private homeowner before January 1, 2035. Pro...
[Detail][Text][Discuss] | 2024-08-09
Public Act . . . . . . . . . 103-0793 |
| IL | SB0317 | Pass | Amends the Property Tax Code. Provides that provisions concerning delinquencies by lessees of property that is owned by a taxing district apply to property that is owned by a governmental entity that is a unit of federal, State, or local government, ...
[Detail][Text][Discuss] | 2024-08-09
Public Act . . . . . . . . . 103-0873 |
| IL | SB2936 | Pass | Amends the Property Tax Code. Provides that the abatement for property located in an area of urban decay also applies to newly remodeled single-family or duplex residential dwelling units (currently, only newly constructed single-family or duplex dwe...
[Detail][Text][Discuss] | 2024-08-09
Public Act . . . . . . . . . 103-0931 |
| IL | SB3209 | Pass | 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. E...
[Detail][Text][Discuss] | 2024-08-09
Public Act . . . . . . . . . 103-0954 |
| IL | SB3275 | Pass | Amends the Real Estate Transfer Tax Law in the Property Tax Code. Provides that paper revenue stamps shall be phased out by December 31, 2025. Requires counties to issue electronic revenue stamps or alternative indicia thereafter. Effective immediate...
[Detail][Text][Discuss] | 2024-08-09
Public Act . . . . . . . . . 103-0963 |
| IL | SB3567 | Pass | Amends the Truth in Taxation Law in the Property Tax Code. In provisions concerning Truth in Taxation notices, provides that the notice shall be conspicuously posted (currently, posted) on the taxing district's homepage or on a page accessible throug...
[Detail][Text][Discuss] | 2024-08-09
Public Act . . . . . . . . . 103-1018 |
| IL | HB4125 | Pass | Amends the Property Tax Code. Provides that the statute of limitations for the execution of a certificate of error does not apply to a certificate of error correcting an assessment to $1 when the property is used as a common area by a subdivision, as...
[Detail][Text][Discuss] | 2024-07-19
Public Act . . . . . . . . . 103-0662 |
| IL | HB2232 | Pass | Amends the Property Tax Code. Provides that a claim for a refund resulting from a final order of the Property Tax Appeal Board shall not be allowed unless the claim is filed within 20 years from the date the right to a refund arose; provided, however...
[Detail][Text][Discuss] | 2024-07-19
Public Act . . . . . . . . . 103-0655 |
| IL | SB2859 | Pass | Amends the Property Tax Code. Provides that a regional wastewater facility shall be valued at 33 1/3% of the fair cash value of the facility, with consideration given to the probable net value that could be realized by the owner if the facility was r...
[Detail][Text][Discuss] | 2024-07-01
Public Act . . . . . . . . . 103-0631 |
| IL | HB4284 | Pass | Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for the purpose of calculating the limiting rate for levy year 2023, the last preceding aggregate extension base for Homewood School District No. 153 in Cook Co...
[Detail][Text][Discuss] | 2024-05-28
Public Act . . . . . . . . . 103-0587 |
| IL | SB1988 | Pass | Amends the Property Tax Code. Provides that, when a revision is made by the county assessor and that revision is not made on complaint of the property owner, the county assessor shall continue to accept appeals from the taxpayer for a period of not l...
[Detail][Text][Discuss] | 2023-12-08
Public Act . . . . . . . . . 103-0583 |
| IL | SB1675 | Pass | Amends the Property Tax Code. Makes changes concerning interest penalties due on delinquent amounts in counties with 3,000,000 or more inhabitants beginning in tax year 2023. Specifies that counties shall be the designated holders of all tax liens an...
[Detail][Text][Discuss] | 2023-08-11
Public Act . . . . . . . . . 103-0555 |
| IL | SB0074 | Pass | Reinserts the provisions of the engrossed bill with changes. In provisions creating the Property Tax Payment Plan Task Force, adds one member appointed by the Minority Leader of the Senate and one member appointed by the Minority Leader of the House ...
[Detail][Text][Discuss] | 2023-07-28
Public Act . . . . . . . . . 103-0369 |
| IL | HB2539 | Pass | Amends the Property Tax Code and the Counties Code. In provisions concerning stipends and additional compensation for certain officials, provides that the Department of Revenue shall remit to each county (or township, if applicable) the amount requir...
[Detail][Text][Discuss] | 2023-07-28
Public Act . . . . . . . . . 103-0318 |
| IL | HB2224 | Pass | Amends the State Comptroller Act. Provides that after 3 years from the date of issuance of an original Comptroller's warrant, any sum of money payable shall be presumed abandoned and subject to disposition under the Revised Uniform Unclaimed Property...
[Detail][Text][Discuss] | 2023-06-30
Public Act . . . . . . . . . 103-0148 |
| IL | HB2289 | Pass | Creates the First 2023 General Revisory Act. Combines multiple versions of Sections amended by more than one Public Act. Renumbers Sections of various Acts to eliminate duplication. Corrects obsolete cross-references and technical errors. Makes styli...
[Detail][Text][Discuss] | 2023-06-30
Public Act . . . . . . . . . 103-0154 |
| IL | SB1225 | Pass | Amends the Property Tax Code. Provides that the chief county assessment officer in a county with fewer than 3,000,000 inhabitants may require an application to be made to establish or reestablish that a parcel is entitled to common area assessment of...
[Detail][Text][Discuss] | 2023-06-09
Public Act . . . . . . . . . 103-0083 |
