IL HB2049 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 4-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 4-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
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).
Title
PROP TX-ASSESSMENTS
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-01-08 | House | Session Sine Die |
| 2011-11-09 | House | Added Chief Co-Sponsor Rep. Timothy L. Schmitz |
| 2011-07-21 | House | Added Chief Co-Sponsor Rep. Dwight Kay |
| 2011-07-20 | House | Added Chief Co-Sponsor Rep. Sandy Cole |
| 2011-03-17 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2011-02-23 | House | Assigned to Revenue & Finance Committee |
| 2011-02-17 | House | Referred to Rules Committee |
| 2011-02-17 | House | First Reading |
| 2011-02-17 | House | Filed with the Clerk by Rep. Dennis M. Reboletti |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 200 | 1-55 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2049&GAID=11&DocTypeID=HB&SessionID=84&GA=97 |
| Text | https://www.ilga.gov/legislation/97/HB/09700HB2049.htm |
