Date	Chamber	Action
1/10/2023	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/15-178 new

Synopsis As Introduced
Amends the Property Tax Code. Provides for a reduction in the assessed value of newly constructed or rehabilitated rental property if the owner of the residential real property commits that, for a period of 10 years, at least 15% of the multifamily building's units will have rents that are at or below maximum rents and are occupied by households with household incomes at or below maximum income limits. Provides that the chief county assessment officer of a county with 3,000,000 or more inhabitants shall establish such a program. Sets forth application requirements and the amount of the reduction. Effective immediately.

Actions 

Date	Chamber	Action
2/9/2021	House	Filed with the Clerk by Rep. Curtis J. Tarver, II
2/10/2021	House	First Reading
2/10/2021	House	Referred to Rules Committee
2/24/2021	House	Added Chief Co-Sponsor Rep. Theresa Mah
2/24/2021	House	Added Co-Sponsor Rep. Michelle Mussman
2/24/2021	House	Added Co-Sponsor Rep. Lindsey LaPointe
3/2/2021	House	Assigned to Revenue & Finance Committee
3/11/2021	House	To Property Tax Subcommittee
3/17/2021	House	Added Co-Sponsor Rep. Maurice A. West, II
3/17/2021	House	Added Co-Sponsor Rep. Margaret Croke
3/22/2021	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Curtis J. Tarver, II
3/22/2021	House	House Committee Amendment No. 1 Referred to Rules Committee
3/23/2021	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
3/27/2021	House	Rule 19(a) / Re-referred to Rules Committee
3/27/2021	House	House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
1/10/2023	House	Session Sine Die

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