HB 1218 Illinois House · 103rd 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. Provides that the value of the abatement may not exceed $500,000.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2023

Committee Review

Floor Vote

Governor

Introduced Jan 17, 2023 Last action Mar 10, 2023

Floor votes

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No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 10, 2023

Committee

Rule 19(a) / Re-referred to Rules Committee

lower

Mar 9, 2023

Lower · Passed

To Revenue - Property Tax Subcommittee

lower

Feb 28, 2023

Committee

Assigned to Revenue & Finance Committee

lower

Jan 31, 2023

Committee

Referred to Rules Committee

lower

1 primary · 12 co-sponsors

Sponsors

Role

Legislator

Party

State

District