Illinois General Assembly - Bill Status for HB1558

Home

Legislation & Laws

Senate

House

My Legislation

Site Map

Previous General Assemblies

Bill Status of HB1558 99th General Assembly

Full Text Votes Witness Slips View All Actions Printer-Friendly Version

Short Description: PROP TX-TORNADO DISASTER

House Sponsors
Rep. Chad Hays

Last Action

Date	Chamber	Action
1/10/2017	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/10-700

Synopsis As Introduced
Amends the Property Tax Code. In a Section concerning the valuation of commercial or industrial property that has been rebuilt following a tornado disaster, provides for a partial reduction in equalized assessed value if the square footage of the rebuilt structure exceeds 110% of the square footage of the original structure (currently, property is not entitled to a reduction if the square footage of the rebuilt structure exceeds 110% of the square footage of the original structure). Effective immediately.

Actions

Date	Chamber	Action
2/9/2015	House	Filed with the Clerk by Rep. Chad Hays
2/9/2015	House	First Reading
2/9/2015	House	Referred to Rules Committee
2/24/2015	House	Assigned to Revenue & Finance Committee
2/26/2015	House	To Property Tax Subcommittee
3/27/2015	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2017	House	Session Sine Die

×