HB 2382 Illinois House · 104th Regular Session

PROP TX-SUBDIVISION VALUE

Summary

Amends the Property Tax Code. In provisions concerning platted and subdivided but undeveloped property, provides that (i) beginning with the 2025 taxable year, no property's assessed value shall be reduced to less than $150 under those provisions and (ii) beginning with the 2035 taxable year, no property shall be eligible for calculation of its assessed value under those provisions for more than a 10-year period.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 31, 2025 Last action Apr 17, 2026

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 17, 2026

Committee

Rule 19(a) / Re-referred to Rules Committee

lower

Mar 4, 2026

Lower · Passed

Approved for Consideration Rules Committee; 005-000-000

lower

Apr 11, 2025

Committee

Rule 19(a) / Re-referred to Rules Committee

lower

Mar 20, 2025

Lower · Passed

Do Pass / Short Debate Revenue & Finance Committee; 020-000-000

lower

Mar 20, 2025

Lower · Passed

Reported Back To Revenue & Finance Committee;

lower

Mar 20, 2025

Lower · Passed

Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 006-000-000

lower

Mar 3, 2025

Lower · Passed

To Property Tax Subcommittee

lower

Feb 25, 2025

Committee

Assigned to Revenue & Finance Committee

lower

Feb 4, 2025

Committee

Referred to Rules Committee

lower

1 primary · 2 co-sponsors