HB 5273

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

Prop Tx-Nursing Homes

Abstract

Amends the Property Tax Code. Creates a reduction in the equalized assessed value of property containing a qualified nursing home in an amount equal to 50% of the equalized assessed value of the nursing home property. Provides that a qualified nursing home is a facility licensed under the Nursing Home Care Act that is located in a census tract with a median household income of less than 150% of the federal poverty level and that has a resident population that is at least 90% Medicaid eligible. Effective immediately.

Bill Sponsors (1)

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Actions


Apr 05, 2024

House

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

Feb 28, 2024

House

Assigned to Revenue & Finance Committee

Feb 09, 2024

House

First Reading

House

Referred to Rules Committee

Feb 08, 2024

House

Filed with the Clerk by Rep. Stephanie A. Kifowit

Bill Text

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