Illinois General Assembly - Bill Status for HB5568

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Bill Status of HB5568 98th General Assembly

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Short Description: PROP TX-NATURAL DISASTER

House Sponsors
Rep. Brandon W. Phelps

Last Action

Date	Chamber	Action
12/3/2014	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/18-184.15 new

Synopsis As Introduced
Amends the Property Tax Code. Provides that each taxing district may, by a majority vote of its governing authority, order the county clerk to abate any portion of its taxes on property that contains a structure operating as a small business if that structure has been rebuilt following a natural disaster occurring in taxable year 2012 or any taxable year thereafter. Defines "small business" to mean a business that employs fewer than 50 full-time employees. Effective immediately.

Actions

Date	Chamber	Action
2/13/2014	House	Filed with the Clerk by Rep. Brandon W. Phelps
2/14/2014	House	First Reading
2/14/2014	House	Referred to Rules Committee
12/3/2014	House	Session Sine Die

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