Bill Status of HB 4913   96th General Assembly

Short Description:  PROP TX-ASSESSMENTS

House Sponsors
Rep. Sidney H. Mathias-Suzanne Bassi-Renée Kosel-Michael P. McAuliffe-Angelo Saviano and Elizabeth Coulson

Last Action  View All Actions

DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/1-55

Synopsis As Introduced
Amends the Property Tax Code. Provides that, for the purposes of the definition of 33 1/3%, the fair cash value of property is determined by the lesser of: (1) the Department of Revenue's sales ratio studies for the 3 most recent years preceding the assessment year; or (2) the valuation of the property in the year immediately preceding the assessment year (under the current law, the fair cash value is based on the sales ratio studies). Effective immediately.

Actions 
DateChamber Action
  1/13/2010HouseFiled with the Clerk by Rep. Sidney H. Mathias
  1/15/2010HouseFirst Reading
  1/15/2010HouseReferred to Rules Committee
  2/11/2010HouseAdded Co-Sponsor Rep. Elizabeth Coulson
  2/16/2010HouseAdded Chief Co-Sponsor Rep. Suzanne Bassi
  2/16/2010HouseAdded Chief Co-Sponsor Rep. Renée Kosel
  2/16/2010HouseAdded Chief Co-Sponsor Rep. Michael P. McAuliffe
  2/16/2010HouseAdded Chief Co-Sponsor Rep. Angelo Saviano
  2/16/2010HouseChief Co-Sponsor Changed to Rep. Suzanne Bassi
  2/16/2010HouseChief Co-Sponsor Changed to Rep. Michael P. McAuliffe
  2/16/2010HouseChief Co-Sponsor Changed to Rep. Angelo Saviano
  2/22/2010HouseAssigned to Revenue & Finance Committee
  3/15/2010HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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