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<xml>
<title>Illinois General Assembly - Bill Status for HB 5162   </title>
<shortdesc>PROP TX-COOK-ASSESSMENTS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Sidney H. Mathias</sponsors>
</sponsor>
<lastaction>
<statusdate>2/23/2010</statusdate><chamber>House</chamber><action>Tabled By Sponsor Rep. Sidney H. Mathias</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/9-155</reference><aliasreference></aliasreference><reference>35 ILCS 200/9-220</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that, beginning January 1, 2011, all property located in a county with 3,000,000 or more inhabitants shall be subject to general reassessment on an annual basis. Provides that all property located in a county with 3,000,000 or more inhabitants shall be assessed at 33 1/3% of the lesser of (i) its fair cash value or (ii) its average fair cash value for the 3 years immediately preceding the taxable year. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/29/2010</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Sidney H. Mathias</action>
<statusdate>1/29/2010</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/29/2010</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/3/2010</statusdate><chamber>House</chamber><action>Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Sidney H. Mathias</action>
<statusdate>2/23/2010</statusdate><chamber>House</chamber><action>Motion Prevailed</action>
<statusdate>2/23/2010</statusdate><chamber>House</chamber><action>Tabled By Sponsor Rep. Sidney H. Mathias</action>
</actions>
</xml>

