HB 3579

  • Illinois House Bill
  • 99th 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 year immediately preceding the assessment year (under the current law, the fair cash value is based on the sales ratio studies). Effective immediately.

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Jan 10, 2017

House

Session Sine Die

May 21, 2015

House

Added Chief Co-Sponsor Rep. Sheri Jesiel

House

Added Co-Sponsor Rep. Jeanne M Ives

House

Added Co-Sponsor Rep. Ron Sandack

House

Added Co-Sponsor Rep. Michael W. Tryon

House

Added Co-Sponsor Rep. Avery Bourne

House

Added Co-Sponsor Rep. Terri Bryant

House

Added Co-Sponsor Rep. Tim Butler

House

Added Chief Co-Sponsor Rep. Christine Winger

House

Added Chief Co-Sponsor Rep. Mark Batinick

House

Added Chief Co-Sponsor Rep. John M. Cabello

Mar 27, 2015

House

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

Mar 13, 2015

House

To Property Tax Subcommittee

Mar 10, 2015

House

Assigned to Revenue & Finance Committee

Feb 26, 2015

House

Referred to Rules Committee

House

Filed with the Clerk by Rep. Michael P. McAuliffe

House

First Reading

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