IL HB3608 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 23 2009 - 25% progression, died in committee
Action: 2009-03-13 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. In a Section concerning the platting and subdividing of property into lots in counties with less than 3,000,000 inhabitants, provides that, prior to the payment for sale of a habitable structure or commercial building, the assessed valuation of platted and subdivided property that is not used for business, commercial, or residential purposes shall remain the same as if used for farm or vacant purposes (now, the assessed value is determined each year based on the estimated price the property would bring at a fair voluntary sale for use by the buyer for the same purposes for which the property was used when last assessed prior to its platting). Makes other changes. Effective immediately.

Tracking Information

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Title

PROP TX-PLATTING

Sponsors


History

DateChamberAction
2009-03-13 Rule 19(a) / Re-referred to Rules Committee
2009-03-03 Assigned to Revenue & Finance Committee
2009-02-24 Referred to Rules Committee
2009-02-24 First Reading
2009-02-23 Filed with the Clerk by Rep. Robert W. Pritchard

Illinois State Sources


Bill Comments

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