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<xml>
<title>Illinois General Assembly - Bill Status for HB 1842         </title>
<shortdesc>PROP TX- SOUTHLAND PROPERTY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Anthony DeLuca-Debbie Meyers-Martin-Nicholas K. Smith and William Davis</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/Art. 10 Div. 21 heading new</reference><aliasreference></aliasreference><reference>35 ILCS 200/10-800 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that certain property located in Bloom, Bremen, Calumet, Rich, Thornton, or Worth Township may be certified as southland reactivation property. Provides that, beginning with the first tax year after the property is certified as southland reactivation property and continuing through the twelfth tax year after the property is certified as southland reactivation property, the property shall be valued at 50% of the last known equalized assessed value. Sets forth the maximum aggregate tax liability for property that has been certified as southland reactivation property. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2021</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Anthony DeLuca</action>
<statusdate>2/17/2021</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/17/2021</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/9/2021</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/18/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. William Davis</action>
<statusdate>3/18/2021</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Debbie Meyers-Martin</action>
<statusdate>3/18/2021</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Nicholas K. Smith</action>
<statusdate>3/18/2021</statusdate><chamber>House</chamber><action>To Property Tax Subcommittee</action>
<statusdate>3/27/2021</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>2/9/2022</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/15/2022</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. Anthony DeLuca</action>
<statusdate>2/15/2022</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>2/15/2022</statusdate><chamber>House</chamber><action>To Property Tax Subcommittee</action>
<statusdate>2/17/2022</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>2/18/2022</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee</action>
<statusdate>2/18/2022</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

