PROP TX-ASSESSMENTS House SponsorsRep. Dennis M. Reboletti-Darlene J. Senger-Michael G. Connelly-Bob Biggins-Renée Kosel, John D. Cavaletto, Sidney H. Mathias, Ed Sullivan, Jr., Sandy Cole, Mike Bost, Elizabeth Coulson, Kay Hatcher, Robert W. Pritchard, Ronald A. Wait, Patricia R. Bellock and Donald L. Moffitt 1/11/2011HouseSession Sine Die 35 ILCS 200/1-55 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 prior year (under the current law, the fair cash value is based on the sales ratio studies). 2/20/2009HouseFiled with the Clerk by Rep. Dennis M. Reboletti 2/20/2009HouseFirst Reading 2/20/2009HouseReferred to Rules Committee 2/25/2009HouseAssigned to Revenue & Finance Committee 3/13/2009HouseRule 19(a) / Re-referred to Rules Committee 4/23/2009HouseAdded Chief Co-Sponsor Rep. Darlene J. Senger 4/23/2009HouseAdded Chief Co-Sponsor Rep. Michael G. Connelly 4/23/2009HouseAdded Chief Co-Sponsor Rep. Bob Biggins 4/23/2009HouseAdded Chief Co-Sponsor Rep. Renée Kosel 4/23/2009HouseAdded Co-Sponsor Rep. John D. Cavaletto 4/23/2009HouseAdded Co-Sponsor Rep. Sidney H. Mathias 4/23/2009HouseAdded Co-Sponsor Rep. Ed Sullivan, Jr. 4/23/2009HouseAdded Co-Sponsor Rep. Sandy Cole 4/23/2009HouseAdded Co-Sponsor Rep. Mike Bost 4/23/2009HouseAdded Co-Sponsor Rep. Elizabeth Coulson 4/23/2009HouseAdded Co-Sponsor Rep. Kay Hatcher 5/5/2009HouseAdded Co-Sponsor Rep. Robert W. Pritchard 5/5/2009HouseAdded Co-Sponsor Rep. Ronald A. Wait 5/5/2009HouseAdded Co-Sponsor Rep. Patricia R. Bellock 6/25/2009HouseAdded Co-Sponsor Rep. Donald L. Moffitt 1/11/2011HouseSession Sine Die