Curtis Tarver
- Democratic
- Representative
- District 25
Primary
Amends the Property Tax Code. Provides for a reduction in the assessed value of newly constructed or rehabilitated rental property if the owner of the residential real property commits that, for a period of 10 years, at least 15% of the multifamily building's units will have rents that are at or below maximum rents and are occupied by households with household incomes at or below maximum income limits. Provides that the chief county assessment officer of a county with 3,000,000 or more inhabitants shall establish such a program. Sets forth application requirements and the amount of the reduction. Effective immediately.
No votes to display
Session Sine Die
House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
Rule 19(a) / Re-referred to Rules Committee
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
House Committee Amendment No. 1 Filed with Clerk by Rep. Curtis J. Tarver, II
House Committee Amendment No. 1 Referred to Rules Committee
Added Co-Sponsor Rep. Maurice A. West, II
Added Co-Sponsor Rep. Margaret Croke
To Property Tax Subcommittee
Assigned to Revenue & Finance Committee
Added Co-Sponsor Rep. Michelle Mussman
Added Co-Sponsor Rep. Lindsey LaPointe
Added Chief Co-Sponsor Rep. Theresa Mah
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Curtis J. Tarver, II
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| House Amendment 001 | HTML PDF |
| Document | Format |
|---|---|
| No related documents. |
Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.