93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB6941

 

Introduced 02/09/04, by Richard P. Myers

 

SYNOPSIS AS INTRODUCED:
 
20 ILCS 2505/2505-626 new

    Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that the Department shall not require a county to implement any specific bulletin, circular, formula, or other written material having the force of administrative law, including, but not limited to, what is described as "Bulletin 810", that purports to create a consistent methodology for the assessment of farmland property for property tax purposes, until January 1, 2008. Effective immediately.


LRB093 19861 SJM 47383 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB6941 LRB093 19861 SJM 47383 b

1     AN ACT concerning taxation.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Department of Revenue Law of the Civil
5 Administrative Code of Illinois is amended by adding Section
6 2505-626 as follows:
 
7     (20 ILCS 2505/2505-626 new)
8     Sec. 2505-626. Implementing farmland assessment changes.
9 The Department shall not require a county to implement any
10 specific bulletin, circular, formula, or other written
11 material having the force of administrative law, including, but
12 not limited to, what is described as "Bulletin 810", that
13 purports to create a consistent methodology for the assessment
14 of farmland property for property tax purposes, until January
15 1, 2008.
 
16     Section 99. Effective date. This Act takes effect upon
17 becoming law.