HB 4776

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Ptell-Prop Tx Relief Abatement

Abstract

Amends the Property Tax Code. Provides that a taxing district may approve a property tax relief abatement for a given levy year. Provides that the term "property tax relief abatement" means a reduction in the amount of taxes levied by a taxing district for a given levy year, certified to the county clerk of each county in which any portion of the taxing district is located and included in the aggregate extension. Provides that, for the purposes of the Property Tax Extension Limitation Law, the amount of the abatement shall be included in the taxing district's aggregate extension base for subsequent levy years.

Bill Sponsors (1)

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Actions


Jan 10, 2023

House

Session Sine Die

Mar 02, 2022

House

Chief Sponsor Changed to Rep. Michael J. Zalewski

Feb 18, 2022

House

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

Feb 15, 2022

House

To Property Tax Subcommittee

Feb 09, 2022

House

Assigned to Revenue & Finance Committee

Jan 27, 2022

House

Referred to Rules Committee

House

First Reading

Jan 24, 2022

House

Filed with the Clerk by Rep. Kelly M. Burke

Bill Text

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Sources

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