SB 253

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

Prop Tax-Abatement

Abstract

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 dwelling units). Provides that provisions requiring the abatement to be reduced in 20% increments annually during the last 4 years of the abatement period apply only to abatements granted prior to the effective date.

Bill Sponsors (3)

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Actions


Jan 10, 2023

Senate

Session Sine Die

Feb 16, 2022

Senate

Added as Chief Co-Sponsor Sen. Win Stoller

Apr 23, 2021

Senate

Rule 3-9(a) / Re-referred to Assignments

Apr 14, 2021

Senate

Added as Co-Sponsor Sen. Christopher Belt

Mar 19, 2021

Senate

Do Pass Revenue; 009-000-000

Senate

Placed on Calendar Order of 2nd Reading March 23, 2021

Mar 16, 2021

Senate

Added as Co-Sponsor Sen. Win Stoller

Mar 05, 2021

Senate

Postponed - Revenue

Feb 24, 2021

Senate

Assigned to Revenue

Feb 17, 2021

Senate

Filed with Secretary by Sen. David Koehler

Senate

First Reading

Senate

Referred to Assignments

Bill Text

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Introduced HTML PDF

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Sources

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