IL HB5646 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Amended) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Amended) [HTML]
Summary
Amends the Property Tax Code. Provides that counties and municipalities may provide for an abatement of the taxes imposed by the county or municipality on property upon which a commercial or industrial facility has been newly constructed or improved. Provides that the governing body of the county or municipality shall determine the period of time during which the abatement will apply, which shall not exceed: (i) 10 years if the facility is a LEEDS certified facility or a facility that will be used to provide direct medical services; or (ii) 5 years in the case of all other qualified facilities.
Title
PROP TX-CONSTRUCTION ABATE
Sponsors
History
Date | Chamber | Action |
---|---|---|
2014-12-03 | House | Session Sine Die |
2014-03-28 | House | House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee |
2014-03-28 | House | Rule 19(a) / Re-referred to Rules Committee |
2014-03-24 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee |
2014-03-19 | House | House Committee Amendment No. 1 Referred to Rules Committee |
2014-03-19 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Sam Yingling |
2014-03-11 | House | To Property Tax Subcommittee |
2014-03-06 | House | Assigned to Revenue & Finance Committee |
2014-02-14 | House | Referred to Rules Committee |
2014-02-14 | House | First Reading |
2014-02-13 | House | Filed with the Clerk by Rep. Sam Yingling |