HB 2700

  • Illinois House Bill
  • 96th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tax-Subdiv Assessment

Abstract

Amends the Property Tax Code. In provisions concerning the platting and subdividing of property into lots in counties with less than 3,000,000 inhabitants, provides that, prior to the initial sale of any platted lot, the assessed valuation of platted and subdivided property that (i) does not contain a completed habitable structure and (ii) is not used for business, commercial, or residential purposes shall be the assessed value assigned to the property when last assessed prior to its last transfer or conveyance. These changes apply only through December 31, 2011. Makes other changes. Effective immediately.

Bill Sponsors (1)

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Jan 11, 2011

House

Session Sine Die

Mar 13, 2009

House

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

Mar 03, 2009

House

Assigned to Revenue & Finance Committee

Feb 24, 2009

House

Added Co-Sponsor Rep. Michael G. Connelly

House

First Reading

House

Referred to Rules Committee

Feb 23, 2009

House

Filed with the Clerk by Rep. Franco Coladipietro

House

Chief Co-Sponsor Rep. Patricia R. Bellock

House

Chief Co-Sponsor Rep. Randy Ramey, Jr.

House

Chief Co-Sponsor Rep. Michael W. Tryon

House

Chief Co-Sponsor Rep. Mike Fortner

House

Co-Sponsor Rep. Richard P. Myers

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