HB1827 - 104th General Assembly
PROP TX-INCOME PROPERTY
Last Action
Statutes Amended In Order of Appearance
35 ILCS 200/Art. 9 Div. 6 heading new
35 ILCS 200/9-280 new
35 ILCS 200/9-281 new
Synopsis As Introduced
Amends the Property Tax Code. Provides that, in counties with 3,000,000 or more inhabitants, taxpayers of income-producing property shall submit income and expense data annually to the chief county assessment officer on or before July 1 of each year. Provides that, in counties of fewer than 3,000,000 inhabitants, the county board may provide by ordinance or resolution that taxpayers of income-producing property shall submit income and expense data annually to the chief county assessment officer on or before March 31 of each year. Contains certain exceptions. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/28/2025 | House | Filed with the Clerk by Rep. William "Will" Davis |
| 1/29/2025 | House | First Reading |
| 1/29/2025 | House | Referred to Rules Committee |
| 2/25/2025 | House | Assigned to Revenue & Finance Committee |
| 3/03/2025 | House | To Tax Policy: Other Taxes Subcommittee |
| 3/21/2025 | House | Rule 19(a) / Re-referred to Rules Committee |
