summary
Introduced
02/09/2023
02/09/2023
In Committee
02/09/2023
02/09/2023
Crossed Over
Passed
Dead
01/08/2025
01/08/2025
Introduced Session
103rd General Assembly
Bill Summary
Amends the Property Tax Code. Allows for an abatement of taxes if the property is included in a new residential construction development that is located in a county with fewer than 300,000 inhabitants. Effective immediately.
AI Summary
This bill amends the Property Tax Code to allow for an abatement of taxes on property included in a new residential construction development located in a county with fewer than 300,000 inhabitants. The bill does not specify a time limit for the tax abatement, but states that it takes effect immediately upon becoming law.
Sponsors (1)
Last Action
Session Sine Die (on 01/07/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1902&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| BillText | https://www.ilga.gov/legislation/103/SB/10300SB1902.htm |
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