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| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB3210 Introduced , by Rep. Sam Yingling SYNOPSIS AS INTRODUCED:
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| 35 ILCS 200/18-184.15 new | |
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Amends the Property Tax Code. Provides that, for tax year 2013 and thereafter, any taxing district, upon a majority vote of its governing authority, may order the county clerk to abate any portion of its taxes on commercial property on which a family-owned business is located. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | | HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
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| | HB3210 | | LRB098 06875 HLH 36932 b |
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| 1 | | AN ACT concerning revenue.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Property Tax Code is amended by adding |
| 5 | | Section 18-184.15 as follows:
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| 6 | | (35 ILCS 200/18-184.15 new) |
| 7 | | Sec. 18-184.15. Family-owned businesses. For tax year 2013 |
| 8 | | and thereafter, any taxing district, upon a majority vote of |
| 9 | | its governing authority, may order the county clerk to abate |
| 10 | | any portion of its taxes on commercial property on which a |
| 11 | | family-owned business is located.
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| 12 | | Section 99. Effective date. This Act takes effect upon |
| 13 | | becoming law.
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