Illinois General Assembly - Bill Status for HB4787
Illinois General Assembly

Previous General Assemblies

 Bill Status of HB4787  95th General Assembly


Short Description:  PROP TX-ASSESSMENTS

House Sponsors
Rep. Dennis M. Reboletti - Ed Sullivan, Jr. - Ruth Munson - Jim Watson

Last Action
DateChamber Action
  1/13/2009HouseSession 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 prior year (under the current law, the fair cash value is based on the sales ratio studies).

Actions 
DateChamber Action
  2/5/2008HouseFiled with the Clerk by Rep. Dennis M. Reboletti
  2/6/2008HouseFirst Reading
  2/6/2008HouseReferred to Rules Committee
  3/3/2008HouseAssigned to Revenue Committee
  3/14/2008HouseRule 19(a) / Re-referred to Rules Committee
  4/8/2008HouseAdded Chief Co-Sponsor Rep. Ed Sullivan, Jr.
  9/23/2008HouseAdded Chief Co-Sponsor Rep. Ruth Munson
  11/12/2008HouseAdded Chief Co-Sponsor Rep. Jim Watson
  1/13/2009HouseSession Sine Die

Back To Top