Illinois General Assembly - Bill Status for SB0253
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 Bill Status of SB0253  102nd General Assembly


Short Description:  PROP TAX-ABATEMENT

Senate Sponsors
Sen. David Koehler, Win Stoller and Christopher Belt

Last Action
DateChamber Action
  4/23/2021SenateRule 3-9(a) / Re-referred to Assignments

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.

Actions 
DateChamber Action
  2/17/2021SenateFiled with Secretary by Sen. David Koehler
  2/17/2021SenateFirst Reading
  2/17/2021SenateReferred to Assignments
  2/24/2021SenateAssigned to Revenue
  3/5/2021SenatePostponed - Revenue
  3/16/2021SenateAdded as Co-Sponsor Sen. Win Stoller
  3/19/2021SenateDo Pass Revenue; 009-000-000
  3/19/2021SenatePlaced on Calendar Order of 2nd Reading March 23, 2021
  4/14/2021SenateAdded as Co-Sponsor Sen. Christopher Belt
  4/23/2021SenateRule 3-9(a) / Re-referred to Assignments

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