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90_SB0929 New Act Creates the Builder and Developer Land Valuation Act with a short title only. LRB9003465DNmb LRB9003465DNmb 1 AN ACT concerning the valuation of land. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 1. Short title. This Act may be cited as the 5 Builder and Developer Land Valuation Act.