Illinois House Bill 4573 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 28 2016 - 25% progression, died in committee
Action: 2016-04-08 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Property Tax Code. Provides that, beginning in taxable year 2016 and concluding in taxable year 2021, the county clerk shall reduce the property taxes levied by each taxing district to a level that is not greater than that taxing district's levy in the previous taxable year. Provides that the county clerk may increase or decrease the portion of a total tax levy paid by any individual taxpayer, provided that the increase or decrease in the individual taxpayer's tax bill is based solely on a change in the equalized assessed value of the taxpayer's property. Effective immediately.

PROP TX-LEVY REDUCTION

Rep. John Cabello [R]

Date	Chamber	Action
2016-04-08	House	Rule 19(a) / Re-referred to Rules Committee
2016-03-29	House	To Property Tax Subcommittee
2016-03-23	House	Assigned to Revenue & Finance Committee
2016-01-28	House	Referred to Rules Committee
2016-01-28	House	First Reading
2016-01-28	House	Filed with the Clerk by Rep. John M. Cabello

Chapter	Article	Section	Citation Type	Statute Text
35	200	18-184.15	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4573&GAID=13&DocTypeID=HB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/HB/09900HB4573.htm