HB 4787

  • Illinois House Bill
  • 95th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-Assessments

Abstract

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).

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Jan 13, 2009

House

Session Sine Die

Nov 12, 2008

House

Added Chief Co-Sponsor Rep. Jim Watson

Sep 23, 2008

House

Added Chief Co-Sponsor Rep. Ruth Munson

Apr 08, 2008

House

Added Chief Co-Sponsor Rep. Ed Sullivan, Jr.

Mar 14, 2008

House

Rule 19(a) / Re-referred to Rules Committee

Mar 03, 2008

House

Assigned to Revenue Committee

Feb 06, 2008

House

Referred to Rules Committee

House

First Reading

Feb 05, 2008

House

Filed with the Clerk by Rep. Dennis M. Reboletti

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