Illinois House Bill 1874: PROP TX-CILA EXEMPT

Illinois · 104th session

What it does

Amends the Property Tax Code. Provides that certain property on which a community-integrated living arrangement is located is entitled to a reduction in its equalized assessed value in an amount equal to the product that results when the number of occupants who use the community-integrated living arrangement as a primary residence is multiplied by $2,000. Effective immediately.

Latest action

Rule 19(a) / Re-referred to Rules Committee (2025-03-21)

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