PROP TX-ABATEMENT-BLIGHT
Summary
Amends the Property Tax Code. Creates an abatement for property located in a blighted area if the owner of the property enters into an agreement with the corporate authorities of the municipality in which the property is located for the renovation, demolition, or improvement of the property. Provides that the abatement shall apply for a period of 20 years. Effective immediately.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2023
Last action Apr 5, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
2
Committee
7
Apr 5, 2024
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 8, 2024
Lower · Passed
To Revenue - Property Tax Subcommittee
lower
Feb 29, 2024
Committee
Assigned to Revenue & Finance Committee
lower
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
Feb 15, 2023
Committee
Referred to Rules Committee
lower
1 primary · 1 co-sponsor
Sponsors
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