New Illinois bill could force landlords to improve properties rather than take long term tax breaks?
March 7, 2022 | Local Malfeasance | No Comments|
This could be HUGE for East St. Louis. “The proposed Vacancy Fraud Act would allow municipalities, school districts, parks and other taxing bodies to file complaints with their county government if a property owner who receives vacancy tax relief isn’t actively trying to lease, sell or renovate the property.
“We want to pass legislation that will remove the incentives for people to keep their storefronts vacant in a way that is damaging for their neighbors and damaging to the community,” said bill sponsor Rep. Daniel Didech, who represents portions of the suburbs.