Illinois General Assembly - Bill Status for HB0367
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 Bill Status of HB0367  100th General Assembly


Short Description:  APPRAISALS-VALUE AFTER REHAB

House Sponsors
Rep. La Shawn K. Ford

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the Value After Rehabilitation Appraisal Act. Provides that, unless prohibited by federal law or regulation, for any program administered by this State that requires an appraisal to be performed on real estate, the appraisal may take value after rehabilitation into account. Provides that an appraisal that takes value after rehabilitation into account shall be accepted to the same extent that other appraisal methods for real estate sales and refinances are accepted.

Actions 
DateChamber Action
  1/12/2017HouseFiled with the Clerk by Rep. La Shawn K. Ford
  1/12/2017HouseFirst Reading
  1/12/2017HouseReferred to Rules Committee
  1/25/2017HouseAssigned to Revenue & Finance Committee
  2/3/2017HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. La Shawn K. Ford
  2/3/2017HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  2/24/2017HouseTo Property Tax Subcommittee
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2019HouseSession Sine Die

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