92nd General Assembly
Status of SB2166
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 Full Text  Bill Summary

   35 ILCS 200/9-212 new                                                       

        Amends the Property Tax Code. Provides that, notwithstanding  any      
   other  provision of law to the contrary, the equalized assessed value,      
   less that part of the equalized assessed  value  attributable  to  new      
   improvements  to the property, of residential real property may not be      
   increased from one general assessment to the next  by  more  than  the      
   increase  during  that  period in the Consumer Price Index reported by      
   the Bureau of Labor Statistics of the federal Department of  Labor  or      
   its successor agency. Effective January 1, 2003.                            
   FEB-07-2002  S  FIRST READING                                                  
   FEB-07-2002  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary