IllinoisHB1091104th General Assembly (2025–2026)House

PROP TAX-CHARITABLE REHAB

Sponsored By: Maurice A. West, II (Democratic)

In Committee

Summary

Amends the Property Tax Code. In a Section regarding property tax exemptions for charitable purposes, provides that property held by a charitable organization for the purpose of constructing or rehabilitating residences for eventual transfer to qualified low-income families through sale, lease, or contract for deed is exempt from property tax as a charitable purpose. Provides that the exemption commences on the day title to the property is transferred to the organization and continues to the end of the levy year in which the organization transfers title to the property to a qualified low-income family. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Maurice A. West, II

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

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Bill Text

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