Illinois House Bill 3217: PROP TX-WOODED ACREAGE

Illinois · 104th session

What it does

Amends the Property Tax Code. Provides that the assessed value of non-income producing wooded acreage property may not exceed the product of the assessed value of the property for the immediately preceding assessment year multiplied by 104%. Effective immediately.

Latest action

House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee (2025-03-21)

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