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

Statutes Amended In Order of Appearance

35 ILCS 200/10-260

Synopsis As Introduced
Amends the Property Tax Code. Provides that, in determining the fair cash value of a low-income housing project (Section 42 properties), the assessment officer must consider the actual or projected net operating income attributable to the property, capitalized at rates for similarly encumbered Section 42 properties. Provides that the owner or owners of the low-income housing project must certify to the appropriate local assessment officer that the owner or owners qualify for the low-income housing tax credit under Section 42 of the Internal Revenue Code for the property.

Actions 

Date	Chamber	Action
2/19/2021	House	Filed with the Clerk by Rep. Theresa Mah
2/19/2021	House	First Reading
2/19/2021	House	Referred to Rules Committee
3/16/2021	House	Assigned to Revenue & Finance Committee
3/18/2021	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Theresa Mah
3/18/2021	House	House Committee Amendment No. 1 Referred to Rules Committee
3/22/2021	House	House Committee Amendment No. 2 Filed with Clerk by Rep. Theresa Mah
3/22/2021	House	House Committee Amendment No. 2 Referred to Rules Committee
3/23/2021	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
3/23/2021	House	House Committee Amendment No. 2 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
3/27/2021	House	House Committee Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee
1/10/2023	House	Session Sine Die

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