HB 2655 Illinois House · 101st Regular Session

PROP TX-ABATE MIXED USE

Summary
Amends the Property Tax Code. Provides that a taxing district may abate a portion of its taxes on property upon which affordable housing has been or will be constructed in a development mixed with commercial property. The value of the abatement under this paragraph (12) may not exceed $500,000.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2019 Last action Mar 29, 2019
Floor votes

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Full legislative history

Actions timeline

Total actions
6
Key actions
1
Committee
4
Mar 29, 2019
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 6, 2019
Lower · Passed
To Property Tax Subcommittee
lower
Feb 26, 2019
Committee
Assigned to Revenue & Finance Committee
lower
Feb 14, 2019
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.