Illinois General Assembly - Bill Status for HB5162

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Bill Status of HB5162 96th General Assembly

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Short Description: PROP TX-COOK-ASSESSMENTS

House Sponsors
Rep. Sidney H. Mathias

Last Action

Date	Chamber	Action
2/23/2010	House	Tabled By Sponsor Rep. Sidney H. Mathias

Statutes Amended In Order of Appearance

35 ILCS 200/9-155

35 ILCS 200/9-220

Synopsis As Introduced
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.

Actions

Date	Chamber	Action
1/29/2010	House	Filed with the Clerk by Rep. Sidney H. Mathias
1/29/2010	House	First Reading
1/29/2010	House	Referred to Rules Committee
2/3/2010	House	Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Sidney H. Mathias
2/23/2010	House	Motion Prevailed
2/23/2010	House	Tabled By Sponsor Rep. Sidney H. Mathias

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