Illinois General Assembly - Bill Status for SB3788
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 Bill Status of SB3788  103rd General Assembly


Short Description:  PROP TX-COMPULSORY SALES

Senate Sponsors
Sen. Emil Jones, III and Elgie R. Sims, Jr.

Last Action
DateChamber Action
  1/10/2023SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/9-85
35 ILCS 200/16-95


Synopsis As Introduced
Amends the Property Tax Code. Provides that the assessor in a county with 3,000,000 or more inhabitants shall include compulsory sales when revising assessments. Provides that the board of review in a county with 3,000,000 or more inhabitants shall include compulsory sales in reviewing and correcting assessments and shall consider whether the compulsory sale would otherwise be considered an arm's length transaction. Effective immediately.

Actions 
DateChamber Action
  1/21/2022SenateFiled with Secretary by Sen. Emil Jones, III
  1/21/2022SenateFirst Reading
  1/21/2022SenateReferred to Assignments
  2/16/2022SenateAdded as Co-Sponsor Sen. Elgie R. Sims, Jr.
  1/10/2023SenateSession Sine Die

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