IL SB1160 | 2019-2020 | 101st General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides that, with respect to non-residential property, neither the board of review nor the Property Tax Appeal Board may consider comparable real property sales made subject to a private restriction or covenant in connection with the sale or rental of the property if that private restriction or covenant substantially impairs the use of the comparable property as compared to the property subject to assessment, or if that private restriction or covenant materially increases the likelihood of vacancy or inactivity on the property. Effective immediately.
Title
PROP TX-COMPARABLES
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-01-13 | Senate | Session Sine Die |
2019-03-28 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2019-03-22 | Senate | Rule 2-10 Committee Deadline Established As March 28, 2019 |
2019-03-13 | Senate | Postponed - Revenue |
2019-03-06 | Senate | Postponed - Revenue |
2019-02-21 | Senate | Postponed - Revenue |
2019-02-13 | Senate | Assigned to Revenue |
2019-02-05 | Senate | Referred to Assignments |
2019-02-05 | Senate | First Reading |
2019-02-05 | Senate | Filed with Secretary by Sen. Steve Stadelman |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 200 | 16-182 | New Code | See Bill Text |
35 | 200 | 16-55 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1160&GAID=15&DocTypeID=SB&SessionID=108&GA=101 |
Text | https://www.ilga.gov/legislation/101/SB/10100SB1160.htm |