PROP TAX-PTELL-NEW PROPERTY
Summary
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, in addition to its other meanings, "new property" means, in counties that classify in accordance with Section 4 of Article IX of the Illinois Constitution, an incentive property's additional assessed value resulting from a scheduled increase in the level of assessment as applied to the first year final board of review market value. Effective immediately.
Bill status
failed
3 of 5 stages cleared
Introduction
Mar 2003
Committee Review
Mar 2003
House Passage
Mar 2003
Senate Passage
Governor
Introduced Mar 24, 2003
Last action Jan 11, 2005
Floor votes · House Mar 21, 2003
How they voted
84–19
Passed · 3 other
Total votes 106
Mar 21, 2003
D
Democratic59
81% Yea
R
Republican47
76% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
20
Key actions
2
Committee
4
Mar 26, 2003
Committee
Referred to Rules
upper
Mar 24, 2003
Introduced
Arrive in Senate
upper
Mar 21, 2003
House · Passed
House Vote: pass (84-19-3)
house
Mar 13, 2003
Lower · Passed
Do Pass / Short Debate Revenue Committee; 009-000-000
lower
Feb 26, 2003
Committee
Assigned to Revenue Committee
lower
Feb 21, 2003
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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