Bill Sponsors: IL HB3747 | 2025-2026 | 104th General Assembly

Bill Title: Amends the Property Tax Code. In provisions concerning wooded acreage assessment, provides that the assessed value of property that is subject to assessment under those provisions may not exceed the product of the assessed value of the property for the immediately preceding assessment year multiplied by 104%. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2025-02-07 - Filed with the Clerk by Rep. Ryan Spain [HB3747 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Ryan Spain [R]PrimarySponsored BillsHD-073FollowTheMoneyBallotpediaVoteSmart

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