HB 2596

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

Prop Tx-Abatement-Blight

Abstract

Amends the Property Tax Code. Creates an abatement for property located in a blighted area if the owner of the property enters into an agreement with the corporate authorities of the municipality in which the property is located for the renovation, demolition, or improvement of the property. Provides that the abatement shall apply for a period of 20 years. Effective immediately.

Bill Sponsors (2)

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Actions


Apr 05, 2024

House

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

Mar 08, 2024

House

To Revenue - Property Tax Subcommittee

Feb 29, 2024

House

Assigned to Revenue & Finance Committee

Mar 16, 2023

House

Added Co-Sponsor Rep. Chris Miller

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. Adam M. Niemerg

House

Referred to Rules Committee

House

First Reading

Bill Text

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Sources

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