Bill Sponsors: IL HB2546 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Property Tax Code. In provisions concerning a real estate transfer tax, provides that, if the grantee is a private equity firm with more than $10,000,000 in assets on the date of the transfer, then an additional tax of $0.035 per $100 of value is imposed on the privilege of transferring a beneficial interest in real property located in Illinois. Effective immediately.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2023-03-10 - Rule 19(a) / Re-referred to Rules Committee [HB2546 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2023-03-10 - Rule 19(a) / Re-referred to Rules Committee [HB2546 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Representative Kevin Olickal [D] | Primary | Sponsored Bills | HD-016 | FollowTheMoney | Ballotpedia | VoteSmart |