Illinois General Assembly - Bill Status for HB4237
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 Bill Status of HB4237  99th General Assembly


Short Description:  PROP TX-LEVY REDUCTION

House Sponsors
Rep. John M. Cabello

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/18-184.15 new


Synopsis As Introduced
Amends the Property Tax Code. Provides that, beginning in taxable year 2015 and concluding in taxable year 2020, the county clerk shall reduce the property taxes levied by each taxing district to a level that is not greater than that taxing district's levy in the previous taxable year. Provides that the county clerk may increase or decrease the portion of a total tax levy paid by any individual taxpayer, provided that the increase or decrease in the individual taxpayer's tax bill is based solely on a change in the equalized assessed value of the taxpayer's property. Effective immediately.

Actions 
DateChamber Action
  6/30/2015HouseFiled with the Clerk by Rep. John M. Cabello
  6/30/2015HouseFirst Reading
  6/30/2015HouseReferred to Rules Committee
  1/10/2017HouseSession Sine Die

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