HB 5162

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

Prop Tx-Cook-Assessments

Abstract

Amends the Property Tax Code. Provides that, beginning January 1, 2011, all property located in a county with 3,000,000 or more inhabitants shall be subject to general reassessment on an annual basis. Provides that all property located in a county with 3,000,000 or more inhabitants shall be assessed at 33 1/3% of the lesser of (i) its fair cash value or (ii) its average fair cash value for the 3 years immediately preceding the taxable year. Effective immediately.

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Feb 23, 2010

House

Motion Prevailed

House

Tabled By Sponsor Rep. Sidney H. Mathias

Feb 03, 2010

House

Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Sidney H. Mathias

Jan 29, 2010

House

Filed with the Clerk by Rep. Sidney H. Mathias

House

First Reading

House

Referred to Rules Committee

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