Comments: IL HB2578 | 2019-2020 | 101st General Assembly

Bill Title: Amends the Property Tax Code. Removes a sunset provision concerning increases in a property's overall valuation that are directly attributable to the investment, improvement, replacement, or expansion of railroad operating property through State or federal government programs necessary for high speed passenger rail transportation (currently, those provisions sunset on December 31, 2019). Effective immediately.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Enrolled) 2019-06-19 - Sent to the Governor [HB2578 Detail]

Text: Latest bill text (Enrolled) [HTML]

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