HB 4787 Illinois House · 95th Regular Session

PROP TX-ASSESSMENTS

Summary
Amends the Property Tax Code. Provides that, for the purposes of the definition of 33 1/3%, the fair cash value of property is determined by the lesser of: (1) the Department of Revenue's sales ratio studies for the 3 most recent years preceding the assessment year; or (2) the valuation of the property in the prior year (under the current law, the fair cash value is based on the sales ratio studies).
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2008
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2008 Last action Jan 13, 2009
Floor votes

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Full legislative history

Actions timeline

Total actions
9
Key actions
0
Committee
3
Jan 13, 2009
House · Failed
Session Sine Die
Mar 14, 2008
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Mar 3, 2008
House · Referred to committee
Assigned to Revenue Committee
Feb 6, 2008
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Dennis M. Reboletti
Dennis M. Reboletti
RRepublican
IL
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