HB 2706

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-Industrial Park

Abstract

Amends the Property Tax Code. Provides for a homestead exemption for homestead properties located within 1,000 feet of an industrial park or a business park if (i) the development related to that industrial park or business park commenced after the owner first resided at that location and (ii) the property is principal place of residence of the owner. Provides that the amount of the exemption shall be a reduction of $5,000 from the equalized assessed value of the property.

Bill Sponsors (1)

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Actions


Mar 29, 2019

House

Rule 19(a) / Re-referred to Rules Committee

Mar 06, 2019

House

To Property Tax Subcommittee

Feb 26, 2019

House

Assigned to Revenue & Finance Committee

Feb 14, 2019

House

Filed with the Clerk by Rep. John Connor

House

First Reading

House

Referred to Rules Committee

Bill Text

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