HB 531

  • Illinois House Bill
  • 96th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-Abatement-Blight

Abstract

Amends the Property Tax Code. Authorizes a home rule municipality, by ordinance, to order the county clerk to abate, for a period not to exceed 10 years, any percentage of the taxes levied by the municipality and any other taxing district on each owner-occupied single-family residence that is located in an area of urban decay within the corporate limits of the municipality. Limits the amount of the abatement to 2% of the taxes extended by all taxing districts on all parcels located within the township that contain residential dwelling units of 6 units or less. Sets forth procedures for adopting an abatement ordinance. Effective immediately.

Bill Sponsors (1)

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Actions


Jan 11, 2011

House

Session Sine Die

Mar 13, 2009

House

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

Feb 09, 2009

House

Assigned to Revenue & Finance Committee

Feb 04, 2009

House

Filed with the Clerk by Rep. Charles E. Jefferson

House

First Reading

House

Referred to Rules Committee

Bill Text

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