Illinois General Assembly - Bill Status for SB3498
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 Bill Status of SB3498  98th General Assembly


Senate Sponsors
Sen. Matt Murphy

Last Action
DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/9-145

Synopsis As Introduced
Amends the Property Tax Code. Provides that, for assessment years following the next general assessment after the effective date of the amendatory Act, no increase in assessment may exceed 2% per year. Provides exceptions for the valuation of property that is sold, transferred, or conveyed during the taxable year and for new improvements.

DateChamber Action
  2/14/2014SenateFiled with Secretary by Sen. Matt Murphy
  2/14/2014SenateFirst Reading
  2/14/2014SenateReferred to Assignments
  3/5/2014SenateAssigned to Revenue
  3/21/2014SenateTo Subcommittee on Property Tax
  3/28/2014SenateRule 3-9(a) / Re-referred to Assignments
  1/13/2015SenateSession Sine Die

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