<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3747</title>
<shortdesc>PROP TX-WOODED ACREAGE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Ryan Spain</sponsors>
</sponsor>
<lastaction>
<statusdate>3/21/2025</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/10-510</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. In provisions concerning wooded acreage assessment, provides that the assessed value of property that is subject to assessment under those provisions may not exceed the product of the assessed value of the property for the immediately preceding assessment year multiplied by 104%. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2025</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Ryan Spain</action>
<statusdate>2/18/2025</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2025</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/11/2025</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/13/2025</statusdate><chamber>House</chamber><action>To Tax Policy: Other Taxes Subcommittee</action>
<statusdate>3/21/2025</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
</actions>
</xml>
