Illinois General Assembly - Bill Status for SB2936
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 Bill Status of SB2936  103rd General Assembly

Short Description:  PROPERTY TX-ABATEMENT

Senate Sponsors
Sen. David Koehler - Win Stoller

House Sponsors
(Rep. Ryan Spain - Jehan Gordon-Booth - Travis Weaver)

Last Action
DateChamber Action
  4/15/2024HouseAssigned to Revenue & Finance Committee

Statutes Amended In Order of Appearance
35 ILCS 200/18-180


Synopsis As Introduced
Amends the Property Tax Code. Provides that the abatement for property located in an area of urban decay also applies to newly remodeled single-family or duplex residential dwelling units (currently, only newly constructed single-family or duplex dwelling units). Provides that provisions requiring the abatement to be reduced in 20% increments annually during the last 4 years of the abatement period apply only to abatements granted prior to the effective date. Effective immediately.

Actions 
DateChamber Action
  1/31/2024SenateFiled with Secretary by Sen. David Koehler
  1/31/2024SenateFirst Reading
  1/31/2024SenateReferred to Assignments
  2/6/2024SenateAssigned to Revenue
  2/21/2024SenateAdded as Chief Co-Sponsor Sen. Win Stoller
  2/21/2024SenateDo Pass Revenue; 008-000-000
  2/21/2024SenatePlaced on Calendar Order of 2nd Reading February 22, 2024
  3/21/2024SenateSecond Reading
  3/21/2024SenatePlaced on Calendar Order of 3rd Reading March 22, 2024
  4/9/2024SenateThird Reading - Passed; 053-000-000
  4/10/2024HouseArrived in House
  4/12/2024HouseChief House Sponsor Rep. Ryan Spain
  4/12/2024HouseFirst Reading
  4/12/2024HouseReferred to Rules Committee
  4/15/2024HouseAssigned to Revenue & Finance Committee
  4/18/2024HouseAdded Alternate Chief Co-Sponsor Rep. Jehan Gordon-Booth
  4/18/2024HouseAdded Alternate Chief Co-Sponsor Rep. Travis Weaver

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