PROP TX-COMPULSORY SALES

Amends the Property Tax Code. Provides that provisions requiring boards of review and the Property Tax Appeal Board to consider compulsory sales for the purpose of revising and correcting assessments apply only to complaints affecting assessments for assessment years 2011 through 2016. Provides that boards of review shall consider compulsory sales in the equalization process only in assessment years 2011 through 2016. Provides that, beginning on the effective date of the amendatory Act, transfer declarations are no longer required to state whether the transfer is pursuant to compulsory sale. Effective immediately.