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

Statutes Amended In Order of Appearance

35 ILCS 200/15-178

Synopsis As Introduced
Amends the Property Tax Code. In provisions concerning a reduction in assessed value for affordable rental housing construction or rehabilitation, provides that, for the purpose of an initial application and only until the building is put in service, an owner may provide proof of either a deed restriction or participation in a government program that includes legally enforceable affordability requirements comparable to the requirements set forth in those provisions, and the chief county assessment officer shall furnish a letter of intent to the applicant. Makes changes to the definition of "assessed value for the residential real property in the base year". Effective immediately.

Actions 

Date	Chamber	Action
1/13/2022	House	Filed with the Clerk by Rep. Michael J. Zalewski
1/21/2022	House	First Reading
1/21/2022	House	Referred to Rules Committee
1/25/2022	House	Assigned to Revenue & Finance Committee
2/3/2022	House	To Property Tax Subcommittee
2/18/2022	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2023	House	Session Sine Die

Back To Top