Illinois General Assembly - Bill Status for SB3694
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 Bill Status of SB3694  101st General Assembly


Senate Sponsors
Sen. Steve McClure

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/9-156 new

Synopsis As Introduced
Amends the Property Tax Code. Provides that, beginning in taxable year 2021, the assessed value of any parcel of residential real property may not exceed the assessed value of that property for the immediately preceding assessment year by more than the percentage change in the Consumer Price Index unless improvements have been made to the property requiring a building permit or ownership of the property has been transferred due to a sale since the property's last general assessment. Effective immediately.

DateChamber Action
  2/14/2020SenateFiled with Secretary by Sen. Steve McClure
  2/14/2020SenateFirst Reading
  2/14/2020SenateReferred to Assignments
  1/13/2021SenateSession Sine Die

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