Bill Status of HB 2382   104th General Assembly


Short Description:  PROP TX-SUBDIVISION VALUE

House Sponsors
Rep. Natalie A. Manley and Camille Y. Lilly

Last Action  View All Actions

DateChamber Action
  4/11/2025HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 200/10-30

Synopsis As Introduced
Amends the Property Tax Code. In provisions concerning platted and subdivided but undeveloped property, provides that (i) beginning with the 2025 taxable year, no property's assessed value shall be reduced to less than $150 under those provisions and (ii) beginning with the 2035 taxable year, no property shall be eligible for calculation of its assessed value under those provisions for more than a 10-year period.

Actions 
DateChamber Action
  1/31/2025HouseFiled with the Clerk by Rep. Natalie A. Manley
  2/4/2025HouseFirst Reading
  2/4/2025HouseReferred to Rules Committee
  2/25/2025HouseAssigned to Revenue & Finance Committee
  3/3/2025HouseTo Property Tax Subcommittee
  3/20/2025HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 006-000-000
  3/20/2025HouseReported Back To Revenue & Finance Committee;
  3/20/2025HouseDo Pass / Short Debate Revenue & Finance Committee; 020-000-000
  3/20/2025HousePlaced on Calendar 2nd Reading - Short Debate
  3/26/2025HouseSecond Reading - Short Debate
  3/26/2025HouseHeld on Calendar Order of Second Reading - Short Debate
  4/8/2025HouseAdded Co-Sponsor Rep. Camille Y. Lilly
  4/11/2025HouseRule 19(a) / Re-referred to Rules Committee

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