Illinois General Assembly - Bill Status for HB4648
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 Bill Status of HB4648  94th General Assembly


Short Description:  PROP TX-ASSESS-RESIDENCES

House Sponsors
Rep. Jack D. Franks - Sidney H. Mathias

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/10-17 new


Synopsis As Introduced
Amends the Property Tax Code. Provides that the assessed value of homestead property may not be increased, except for improvements made to the property, over the value of that property in the preceding assessment year by an amount that exceeds the lesser of 3% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the current assessment year. Effective immediately.

Actions 
DateChamber Action
  1/12/2006HouseFiled with the Clerk by Rep. Jack D. Franks
  1/12/2006HouseFirst Reading
  1/12/2006HouseReferred to Rules Committee
  1/24/2006HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
  1/9/2007HouseSession Sine Die

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