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<xml>
<title>Illinois General Assembly - Bill Status for HB 2865   </title>
<shortdesc>PROP TAX-PTELL-NEW PROPERTY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Eileen Lyons</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/18-185</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, in addition to its other meanings, "new property" means, in counties that classify in accordance with Section 4 of Article IX of the Illinois Constitution, an incentive property's additional assessed value resulting from a scheduled increase in the level of assessment as applied to the first year final board of review market value. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/21/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Eileen Lyons</action>
<statusdate>2/21/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/21/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/26/2003</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

