Illinois General Assembly - Bill Status for HB5303

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Bill Status of HB5303 95th General Assembly

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Short Description: PROP TX-FARMLAND ASSESSMENT

House Sponsors
Rep. Patricia Reid Lindner - Tom Cross

Last Action

Date	Chamber	Action
1/13/2009	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/10-146 new

Synopsis As Introduced
Amends the Property Tax Code. Provides that if a barn is improved for the purpose of preserving the integrity of the internal and external features of the structure as a barn then, beginning with the assessment year immediately following the completion of the improvements, the value of those improvements is not included in the fair cash value of the barn. Provides that this special valuation applies only to structures that have been first placed in service as a barn prior to 1937. Effective immediately.

Actions

Date	Chamber	Action
2/14/2008	House	Filed with the Clerk by Rep. Patricia Reid Lindner
2/14/2008	House	First Reading
2/14/2008	House	Referred to Rules Committee
2/15/2008	House	Added Chief Co-Sponsor Rep. Tom Cross
2/20/2008	House	Assigned to Revenue Committee
3/14/2008	House	Rule 19(a) / Re-referred to Rules Committee
1/13/2009	House	Session Sine Die

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