HB 5303 Illinois House · 95th Regular Session

PROP TX-FARMLAND ASSESSMENT

Summary
Amends the Property Tax Code. Provides that if a barn is improved for the purpose of preserving the integrity of the internal and external features of the structure as a barn then, beginning with the assessment year immediately following the completion of the improvements, the value of those improvements is not included in the fair cash value of the barn. Provides that this special valuation applies only to structures that have been first placed in service as a barn prior to 1937. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2008
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2008 Last action Jan 13, 2009
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
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
Feb 20, 2008
House · Referred to committee
Assigned to Revenue Committee
Feb 14, 2008
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Patricia Reid Lindner
Patricia Reid Lindner
RRepublican
IL
50