· IL legislature · 104th

PROP TX-NATURAL PRESERVATION

Amends the Property Tax Code. Provides that, for the purposes of assessment, property registered in perpetuity with the register of areas under the Illinois Natural Areas Preservation Act is considered to be encumbered by a public easement and shall be depreciated to a level at which its value is $5 per acre, and an…

Sponsor

Maura Hirschauer (D-IL)

Introduced

2025-01-23

Policy area

Taxation

Latest action

Added Co-Sponsor Rep. Hoan Huynh