<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 82           </title>
<shortdesc>PROPERTY TX-ABATEMENT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Win Stoller and David Koehler</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/18-180</reference><aliasreference></aliasreference><SynopsisText>Amends the Property Tax Code. Provides that the abatement for property located in an area of urban decay also applies to newly remodeled single-family or duplex residential dwelling units (currently, only newly constructed single-family or duplex dwelling units). Provides that provisions requiring the abatement to be reduced in 20% increments annually during the last 4 years of the abatement period apply only to abatements granted prior to the effective date.</SynopsisText></synopsis>
<actions>
<statusdate>2/3/2021</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Win Stoller</action>
<statusdate>2/3/2021</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/3/2021</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/8/2021</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. David Koehler</action>
<statusdate>2/24/2021</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>4/16/2021</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

