HB 3245

  • Illinois House Bill
  • 104th 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.

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Actions


Mar 21, 2025

House

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

Mar 13, 2025

House

To Tax Policy: Other Taxes Subcommittee

Mar 11, 2025

House

Assigned to Revenue & Finance Committee

Feb 18, 2025

House

First Reading

House

Referred to Rules Committee

Feb 06, 2025

House

Filed with the Clerk by Rep. Adam M. Niemerg

Bill Text

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