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 Bill Status of SB1793  100th General Assembly

Short Description:  PROP TX-COMPARABLES

Senate Sponsors
Sen. Steve Stadelman

Last Action
DateChamber Action
  1/24/2018SenateRe-assigned to Revenue

Statutes Amended In Order of Appearance
35 ILCS 200/16-55
35 ILCS 200/16-182 new

Synopsis As Introduced
Amends the Property Tax Code. Provides that, with respect to non-residential property, neither the board of review nor the Property Tax Appeal Board may consider comparable real property sales made subject to a private restriction or covenant in connection with the sale or rental of the property if that private restriction or covenant substantially impairs the use of the comparable property as compared to the property subject to assessment, or if that private restriction or covenant materially increases the likelihood of vacancy or inactivity on the property. Effective immediately.

DateChamber Action
  2/9/2017SenateFiled with Secretary by Sen. Steve Stadelman
  2/9/2017SenateFirst Reading
  2/9/2017SenateReferred to Assignments
  2/28/2017SenateAssigned to Revenue
  3/9/2017SenatePostponed - Revenue
  3/16/2017SenatePostponed - Revenue
  3/17/2017SenateRule 2-10 Committee Deadline Established As April 7, 2017
  4/6/2017SenatePostponed - Revenue
  4/7/2017SenateRule 2-10 Committee Deadline Established As May 5, 2017
  5/5/2017SenateRule 3-9(a) / Re-referred to Assignments
  1/24/2018SenateRe-assigned to Revenue

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