IL HB3579 | 2015-2016 | 99th General Assembly
Status
Sponsorship: Partisan Bill (Republican 11)
Status: Introduced on February 26 2015 - 25% progression, died in committee
Action: 2015-05-21 - Added Co-Sponsor Rep. Tim Butler
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 26 2015 - 25% progression, died in committee
Action: 2015-05-21 - Added Co-Sponsor Rep. Tim Butler
Pending: House Rules Committee
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 year immediately preceding the assessment year (under the current law, the fair cash value is based on the sales ratio studies). Effective immediately.
Title
PROP TX-ASSESSMENTS
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-05-21 | House | Added Co-Sponsor Rep. Tim Butler |
| 2015-05-21 | House | Added Co-Sponsor Rep. Terri Bryant |
| 2015-05-21 | House | Added Co-Sponsor Rep. Avery Bourne |
| 2015-05-21 | House | Added Co-Sponsor Rep. Michael W. Tryon |
| 2015-05-21 | House | Added Co-Sponsor Rep. Ron Sandack |
| 2015-05-21 | House | Added Co-Sponsor Rep. Jeanne M Ives |
| 2015-05-21 | House | Added Chief Co-Sponsor Rep. John M. Cabello |
| 2015-05-21 | House | Added Chief Co-Sponsor Rep. Sheri Jesiel |
| 2015-05-21 | House | Added Chief Co-Sponsor Rep. Mark Batinick |
| 2015-05-21 | House | Added Chief Co-Sponsor Rep. Christine Winger |
| 2015-03-27 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2015-03-13 | House | To Property Tax Subcommittee |
| 2015-03-10 | House | Assigned to Revenue & Finance Committee |
| 2015-02-26 | House | Referred to Rules Committee |
| 2015-02-26 | House | First Reading |
| 2015-02-26 | House | Filed with the Clerk by Rep. Michael P. McAuliffe |
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=3579&GAID=13&DocTypeID=HB&SessionID=88&GA=99 |
| Text | https://www.ilga.gov/legislation/99/HB/09900HB3579.htm |
