35 ILCS 250/1
35 ILCS 250/5
35 ILCS 250/10
35 ILCS 250/15
35 ILCS 250/20
Amends the Longtime Owner-Occupant Property Tax Relief Act to
include longtime small business owners within its provisions.
Authorizes a county to grant longtime small business owners a deferral
or exemption from property taxes. Defines longtime small business
owner. Changes the Act's short title. Effective immediately.
FEB-06-2002 S FIRST READING
FEB-06-2002 S REFERRED TO SENATE RULES COMMITTEE RULES
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
Full Text Bill Summary