HB 5162 Illinois House · 96th Regular Session

PROP TX-COOK-ASSESSMENTS

Summary
Amends the Property Tax Code. Provides that, beginning January 1, 2011, all property located in a county with 3,000,000 or more inhabitants shall be subject to general reassessment on an annual basis. Provides that all property located in a county with 3,000,000 or more inhabitants shall be assessed at 33 1/3% of the lesser of (i) its fair cash value or (ii) its average fair cash value for the 3 years immediately preceding the taxable year. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2010
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2010 Last action Feb 23, 2010
Floor votes

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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
1
Feb 3, 2010
House · Introduced
Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Sidney H. Mathias
Jan 29, 2010
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Sidney H. Mathias
Sidney H. Mathias
RRepublican
IL
53