Illinois General Assembly - Bill Status for HB2382

Synopsis As Introduced
Amends the Property Tax Code. In provisions concerning platted and subdivided but undeveloped property, provides that (i) beginning with the 2025 taxable year, no property's assessed value shall be reduced to less than $150 under those provisions and (ii) beginning with the 2035 taxable year, no property shall be eligible for calculation of its assessed value under those provisions for more than a 10-year period.

Actions

Date	Chamber	Action
1/31/2025	House	Filed with the Clerk by Rep. Natalie A. Manley
2/4/2025	House	First Reading
2/4/2025	House	Referred to Rules Committee
2/25/2025	House	Assigned to Revenue & Finance Committee
3/3/2025	House	To Property Tax Subcommittee
3/20/2025	House	Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 006-000-000
3/20/2025	House	Reported Back To Revenue & Finance Committee;
3/20/2025	House	Do Pass / Short Debate Revenue & Finance Committee; 020-000-000
3/20/2025	House	Placed on Calendar 2nd Reading - Short Debate

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