90th General Assembly
Summary of HB2200
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House Sponsors:
FANTIN.

Senate Sponsors:
PETERSON-BERMAN

Short description: 
PROP TX-COUNTY TAX MAPS-TECH                                               

Synopsis of Bill as introduced:
        Amends the Property Tax Code.  Makes a technical  change  in  the      
   Section concerning county tax maps maintained by the county assessor.       
          STATE MANDATES FISCAL NOTE                                           
          In the opinion of DCCA, HB2200 fails to create a State mandate       
          under the State Mandates Act.                                        
          FISCAL NOTE (Dept. of Revenue)                                       
          There will not be a fiscal impact to this Dept.                      
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          35 ILCS 200/9-40                                                     
          Adds reference to:                                                   
          35 ILCS 200/18-45                                                    
        Deletes everything.  Amends the Property Tax Code.  Provides that      
   beginning January 1, 1998 and thereafter, the equalized assessed value      
   of all property for the computation  of  the  amount  to  be  extended      
   within  a  county of 3,000,000 or more inhabitants shall be the sum of      
   (i) the equalized  assessed  value  of  such  property  for  the  year      
   immediately preceding the levy year, (ii) the equalized assessed value      
   of  any property that qualifies as new property or annexed property in      
   the current year, and (iii) the recovered tax increment value for  the      
   current  year,  less the equalized assessed value of any property that      
   qualifies as disconnected property during the current year.                 
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status