Illinois General Assembly - Full Text of SB3259
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Full Text of SB3259  98th General Assembly

SB3259ham003 98TH GENERAL ASSEMBLY

Rep. Chad Hays

Filed: 5/27/2014

 

 


 

 


 
09800SB3259ham003LRB098 19492 HLH 60263 a

1
AMENDMENT TO SENATE BILL 3259

2    AMENDMENT NO. ______. Amend Senate Bill 3259 on page 1, by
3replacing lines 13 and 14 with the following:
4"lesser of (i) its modified equalized assessed value or (ii) 33
51/3% of its fair cash value or, in the case of property located
6in a county that classifies property for purposes of taxation
7in accordance with Section 4 of Article IX of the Constitution,
8the percentage of fair cash value as required by county
9ordinance. The method of valuation under this".