Illinois General Assembly - Bill Status for HB1827
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 Bill Status of HB1827  104th General Assembly


Short Description:  PROP TX-INCOME PROPERTY

House Sponsors
Rep. William "Will" Davis

Last Action
DateChamber Action
  3/21/2025HouseRule 19(a) / Re-referred to Rules Committee

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 
DateChamber Action
  1/28/2025HouseFiled with the Clerk by Rep. William "Will" Davis
  1/29/2025HouseFirst Reading
  1/29/2025HouseReferred to Rules Committee
  2/25/2025HouseAssigned to Revenue & Finance Committee
  3/3/2025HouseTo Tax Policy: Other Taxes Subcommittee
  3/21/2025HouseRule 19(a) / Re-referred to Rules Committee

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