Illinois General Assembly - Bill Status for HB4648

Synopsis As Introduced
Amends the Property Tax Code. Provides that the assessed value of homestead property may not be increased, except for improvements made to the property, over the value of that property in the preceding assessment year by an amount that exceeds the lesser of 3% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the current assessment year. Effective immediately.

Actions

Date	Chamber	Action
1/12/2006	House	Filed with the Clerk by Rep. Jack D. Franks
1/12/2006	House	First Reading
1/12/2006	House	Referred to Rules Committee
1/24/2006	House	Added Chief Co-Sponsor Rep. Sidney H. Mathias
1/9/2007	House	Session Sine Die

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