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
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0
END OF INQUIRY
Full Text Bill Status