IL SB2397 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-02-26 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-02-26 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides that, in counties with 3,000,000 or more inhabitants, taxpayers of income producing property shall submit income and expense data annually to the chief county assessment officer on or before July 1 of each year. Provides that, in counties of fewer than 3,000,000 inhabitants, the county board may provide by ordinance or resolution that taxpayers of income-producing property shall submit income and expense data annually to the chief county assessment officer on or before March 31 of each year. Contains certain exceptions. Effective immediately.
Title
PROP TX-INCOME PROPERTY
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-26 | Senate | Referred to Assignments |
| 2021-02-26 | Senate | First Reading |
| 2021-02-26 | Senate | Filed with Secretary by Sen. Cristina Castro |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 200 | 9-280 | New Code | See Bill Text |
| 35 | 200 | 9-281 | New Code | See Bill Text |
| 35 | 200 | 9-6 | New Code | See Bill Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2397&GAID=16&DocTypeID=SB&SessionID=110&GA=102 |
| Text | https://www.ilga.gov/legislation/102/SB/10200SB2397.htm |
