Votes: IL HB5542 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Property Tax Code. In provisions concerning charitable exemptions granted to limited liability companies, removes a requirement that the limited liability company must be a disregarded entity for federal and Illinois income tax purposes.

Spectrum: Moderate Partisan Bill (Democrat 30-4)

Status: (Introduced) 2024-04-19 - Rule 19(a) / Re-referred to Rules Committee [HB5542 Detail]

Text: Latest bill text (Engrossed) [HTML]

Voting Records

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