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Amends the Property Tax Code. Provides that certain property on which a community-integrated living arrangement is located is entitled to a reduction in its equalized assessed value in an amount equal to the product that results when the number of occupants who use the community-integrated living arrangement as a primary residence is multiplied by $2,000. Effective immediately.
Introduced
Jan 29, 2025
Last Action
Mar 21, 2025
Session
IL 104th
Sponsors
1 primary · 4 co
Rule 19(a) / Re-referred to Rules Committee
Added Co-Sponsor Rep. Suzanne M. Ness
To Property Tax Subcommittee
Assigned to Revenue & Finance Committee
Added Co-Sponsor Rep. Lilian Jiménez
Added Chief Co-Sponsor Rep. Diane Blair-Sherlock
Added Co-Sponsor Rep. Anne Stava
Filed with the Clerk by Rep. Janet Yang Rohr
Referred to Rules Committee
First Reading
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Rule 19(a) / Re-referred to Rules Committee