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IL HB1752
Bill
Status
Introduced
2/11/2021
Primary Sponsor
Deanne Mazzochi
Click for details
AI Summary
- Allows condominium unit owners to request the same assessment reduction granted to a neighboring unit in the same development through a timely petition.
- Reduction applies only if the neighboring unit has no discernible additional benefits or amenities compared to the unit that received the initial reduction.
- Creates three new sections in the Property Tax Code (16-91, 16-156, and 16-181) establishing this right before the board of review, board of review appeals, and Property Tax Appeal Board respectively.
- Takes effect immediately upon becoming law.
Legislative Description
PROP TX-CONDO ASSESSMENTS
Last Action
Added Co-Sponsor Rep. Amy Grant
12/29/2021
Committee Referrals
Rules3/27/2021
Property Tax3/18/2021
Revenue & Finance3/9/2021
Rules2/17/2021
Full Bill Text
No bill text available