PROP TX-RENTAL HOUSING House SponsorsRep. Curtis J. Tarver, II-Theresa Mah, Michelle Mussman, Lindsey LaPointe, Maurice A. West, II and Margaret Croke 1/10/2023HouseSession Sine Die 35 ILCS 200/15-178 new Amends the Property Tax Code. Provides for a reduction in the assessed value of newly constructed or rehabilitated rental property if the owner of the residential real property commits that, for a period of 10 years, at least 15% of the multifamily building's units will have rents that are at or below maximum rents and are occupied by households with household incomes at or below maximum income limits. Provides that the chief county assessment officer of a county with 3,000,000 or more inhabitants shall establish such a program. Sets forth application requirements and the amount of the reduction. Effective immediately. 2/9/2021HouseFiled with the Clerk by Rep. Curtis J. Tarver, II 2/10/2021HouseFirst Reading 2/10/2021HouseReferred to Rules Committee 2/24/2021HouseAdded Chief Co-Sponsor Rep. Theresa Mah 2/24/2021HouseAdded Co-Sponsor Rep. Michelle Mussman 2/24/2021HouseAdded Co-Sponsor Rep. Lindsey LaPointe 3/2/2021HouseAssigned to Revenue & Finance Committee 3/11/2021HouseTo Property Tax Subcommittee 3/17/2021HouseAdded Co-Sponsor Rep. Maurice A. West, II 3/17/2021HouseAdded Co-Sponsor Rep. Margaret Croke 3/22/2021HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Curtis J. Tarver, II 3/22/2021HouseHouse Committee Amendment No. 1 Referred to Rules Committee 3/23/2021HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee 3/27/2021HouseRule 19(a) / Re-referred to Rules Committee 3/27/2021HouseHouse Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee 1/10/2023HouseSession Sine Die