Bill Status of SB0082  102nd General Assembly


Short Description:  PROPERTY TX-ABATEMENT

Senate Sponsors
Sen. Win Stoller and David Koehler

Last Action
DateChamber Action
  1/10/2023SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/18-180


Synopsis As Introduced
Amends the Property Tax Code. Provides that the abatement for property located in an area of urban decay also applies to newly remodeled single-family or duplex residential dwelling units (currently, only newly constructed single-family or duplex dwelling units). Provides that provisions requiring the abatement to be reduced in 20% increments annually during the last 4 years of the abatement period apply only to abatements granted prior to the effective date.

Actions 
DateChamber Action
  2/3/2021SenateFiled with Secretary by Sen. Win Stoller
  2/3/2021SenateFirst Reading
  2/3/2021SenateReferred to Assignments
  2/8/2021SenateAdded as Co-Sponsor Sen. David Koehler
  2/24/2021SenateAssigned to Revenue
  4/16/2021SenateRule 3-9(a) / Re-referred to Assignments
  1/10/2023SenateSession Sine Die