Bill Status of HB 5162   96th General Assembly


Short Description:  PROP TX-COOK-ASSESSMENTS

House Sponsors
Rep. Sidney H. Mathias

Last Action  View All Actions

DateChamber Action
  2/23/2010HouseTabled By Sponsor Rep. Sidney H. Mathias

Statutes Amended In Order of Appearance
35 ILCS 200/9-155
35 ILCS 200/9-220

Synopsis As Introduced
Amends the Property Tax Code. Provides that, beginning January 1, 2011, all property located in a county with 3,000,000 or more inhabitants shall be subject to general reassessment on an annual basis. Provides that all property located in a county with 3,000,000 or more inhabitants shall be assessed at 33 1/3% of the lesser of (i) its fair cash value or (ii) its average fair cash value for the 3 years immediately preceding the taxable year. Effective immediately.

Actions 
DateChamber Action
  1/29/2010HouseFiled with the Clerk by Rep. Sidney H. Mathias
  1/29/2010HouseFirst Reading
  1/29/2010HouseReferred to Rules Committee
  2/3/2010HouseMotion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Sidney H. Mathias
  2/23/2010HouseMotion Prevailed
  2/23/2010HouseTabled By Sponsor Rep. Sidney H. Mathias

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