Illinois General Assembly - Bill Status for HB4416

Synopsis As Introduced
Amends the Property Tax Code. Provides that, beginning with the 2005 assessment year, wooded land must be assessed at the same level as its 2004 assessment level. Defines "wooded land" as any parcel of unimproved real property that is timberland and that: (1) does not qualify as cropland, permanent pasture, other farmland, or wasteland; and (2) is not managed under a forestry management plan so as to be considered as "other farmland". Effective immediately.

Actions

Date	Chamber	Action
1/6/2006	House	Filed with the Clerk by Rep. Dan Reitz
1/10/2006	House	First Reading
1/10/2006	House	Referred to Rules Committee
1/9/2007	House	Session Sine Die

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