Illinois General Assembly - Bill Status for HB4701

Synopsis As Introduced
Amends the Property Tax Code. Provides that if, during the 2005 taxable year, any parcel of wooded land was valued based upon its productivity index equalized assessed value as cropland, then that property must be considered, for assessment purposes, to be "other farmland" for the 2006 and 2007 taxable years. Defines "wooded land". Creates the Wooded Land Assessment Task Force within the Department of Revenue to make findings and recommendations concerning the assessment of wooded land and property under forestry management programs. Sets forth procedures for the operation of the task force. Effective immediately.

Actions

Date	Chamber	Action
1/12/2006	House	Filed with the Clerk by Rep. Roger L. Eddy
1/12/2006	House	Chief Co-Sponsor Rep. David Reis
1/12/2006	House	First Reading
1/12/2006	House	Referred to Rules Committee
1/18/2006	House	Added Chief Co-Sponsor Rep. Mike Bost
1/18/2006	House	Added Chief Co-Sponsor Rep. Rich Brauer
1/19/2006	House	Added Chief Co-Sponsor Rep. Richard P. Myers
1/19/2006	House	Added Co-Sponsor Rep. Shane Cultra
1/25/2006	House	Added Co-Sponsor Rep. Dan Brady
1/9/2007	House	Session Sine Die

×