SB 3788 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
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2022 Last action Jan 10, 2023
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Total actions
5
Key actions
0
Committee
1
Jan 21, 2022
Committee
Referred to Assignments
upper
1 primary · 1 co-sponsor

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