Comments: IL SB1284 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Property Tax Code. Provides that the county board may designate a geographic area within the county as a flood zone. Provides that homestead property that is located within a flood zone is entitled to a reduction of $5,000 from the property's equalized assessed value for the tax year in which the area is designated as a flood zone.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-03-15 - Rule 3-9(a) / Re-referred to Assignments [SB1284 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-03-15 - Rule 3-9(a) / Re-referred to Assignments [SB1284 Detail]
Text: Latest bill text (Introduced) [HTML]
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