PROPERTY TX-ABATEMENT Senate SponsorsSen. Win Stoller 1/7/2025SenateSession Sine Die 35 ILCS 200/18-180Amends 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. Effective immediately. 2/2/2023SenateFiled with Secretary by Sen. Win Stoller 2/2/2023SenateFirst Reading 2/2/2023SenateReferred to Assignments 1/7/2025SenateSession Sine Die