HB 2546

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Real Estate Transfer Tax

Abstract

Amends the Property Tax Code. In provisions concerning a real estate transfer tax, provides that, if the grantee is a private equity firm with more than $10,000,000 in assets on the date of the transfer, then an additional tax of $0.035 per $100 of value is imposed on the privilege of transferring a beneficial interest in real property located in Illinois. Effective immediately.

Bill Sponsors (1)

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Actions


Mar 10, 2023

House

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

Mar 09, 2023

House

To Revenue - Property Tax Subcommittee

Feb 28, 2023

House

Assigned to Revenue & Finance Committee

Feb 15, 2023

House

Filed with the Clerk by Rep. Kevin John Olickal

House

First Reading

House

Referred to Rules Committee

Bill Text

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