REAL ESTATE TRANSFER TAX House SponsorsRep. Kevin John Olickal 1/7/2025HouseSession Sine Die 35 ILCS 200/31-10 Amends the Property Tax Code. In provisions concerning a real estate transfer tax, provides that, if the grantee is a private equity firm with more than $10,000,000 in assets on the date of the transfer, then an additional tax of $0.035 per $100 of value is imposed on the privilege of transferring a beneficial interest in real property located in Illinois. Effective immediately. 2/15/2023HouseFiled with the Clerk by Rep. Kevin John Olickal 2/15/2023HouseFirst Reading 2/15/2023HouseReferred to Rules Committee 2/28/2023HouseAssigned to Revenue & Finance Committee 3/9/2023HouseTo Revenue - Property Tax Subcommittee 3/10/2023HouseRule 19(a) / Re-referred to Rules Committee 1/7/2025HouseSession Sine Die