SB 1725 Illinois Senate · 102nd Regular Session

PROP TX-COMPULSORY SALES

Summary
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.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2021 Last action Jan 10, 2023
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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
3
Apr 16, 2021
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Mar 16, 2021
Committee
Assigned to Revenue
upper
Feb 26, 2021
Committee
Referred to Assignments
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Emil Jones
Emil Jones
DDemocratic
IL
14