IL HB3947 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides that a board of review may enter into discussions with a taxpayer aimed at achieving a stipulated revised assessment upon the property. Contains provisions concerning notice provided to taxing districts. Contains provisions concerning objections by taxing districts to the proposed assessment, and requires that those objections be submitted to the board of review within 45 days after the district receives notice of the proposed assessment. Provides that, within 120 days after the Property Tax Appeal Board's receipt of the stipulation or assessment agreement, the Property Tax Appeal Board shall issue a decision in accordance with the stipulation or assessment agreement, unless it finds that the Property Tax Appeal Board lacks jurisdiction over the appeal or that the stipulation or assessment agreement is against the manifest weight of the evidence. Contains provisions concerning notice to taxing districts. Provides that discussions of a proposed settlement may not be used as evidence in any hearing with respect to that assessment year and that property. Effective immediately.
Title
PROP TX-STIPULATE ASSESSMENTS
Sponsors
Rep. David Leitch [R] | Rep. Dwight Kay [R] |
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | House | Session Sine Die |
2012-03-09 | House | Rule 19(a) / Re-referred to Rules Committee |
2012-01-30 | House | Assigned to Revenue & Finance Committee |
2012-01-24 | House | Added Chief Co-Sponsor Rep. Dwight Kay |
2012-01-10 | House | Referred to Rules Committee |
2012-01-10 | House | First Reading |
2012-01-03 | House | Filed with the Clerk by Rep. David R. Leitch |
Code Citations
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3947&GAID=11&DocTypeID=HB&SessionID=84&GA=97 |
Text | https://www.ilga.gov/legislation/97/HB/09700HB3947.htm |