Bill Status of SB2336 100th General Assembly
Short Description: PROP TX-TAXING DISTRICTS
Sen. Karen McConnaughay - Pamela J. Althoff
|Revenue Hearing Feb 21 2018 4:00PM Capitol 212 Springfield, IL |
| 2/21/2018||Senate||Postponed - Revenue|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Code. In a Section concerning tax objections, provides that, when a change in assessed valuation of $100,000 or more is sought: (i) on the date the initial complaint is filed, the plaintiff shall send a copy of the complaint to the custodian of funds of each of the taxing districts against which the complaint is directed; and (ii) each of the taxing districts shall have the unconditional right to intervene in the cause of action. Effective immediately.