Illinois General Assembly - Bill Status for HB3579
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 Bill Status of HB3579  99th General Assembly

Short Description:  PROP TX-ASSESSMENTS

House Sponsors
Rep. Michael P. McAuliffe - Christine Winger - Mark Batinick - Sheri Jesiel - John M. Cabello, Jeanne M Ives, Ron Sandack, Michael W. Tryon, Avery Bourne, Terri Bryant and Tim Butler

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

Statutes Amended In Order of Appearance
35 ILCS 200/1-55

Synopsis As Introduced
Amends the Property Tax Code. Provides that, for the purposes of the definition of 33 1/3%, the fair cash value of property is determined by the lesser of: (1) the Department of Revenue's sales ratio studies for the 3 most recent years preceding the assessment year; or (2) the valuation of the property in the year immediately preceding the assessment year (under the current law, the fair cash value is based on the sales ratio studies). Effective immediately.

DateChamber Action
  2/26/2015HouseFiled with the Clerk by Rep. Michael P. McAuliffe
  2/26/2015HouseFirst Reading
  2/26/2015HouseReferred to Rules Committee
  3/10/2015HouseAssigned to Revenue & Finance Committee
  3/13/2015HouseTo Property Tax Subcommittee
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  5/21/2015HouseAdded Chief Co-Sponsor Rep. Christine Winger
  5/21/2015HouseAdded Chief Co-Sponsor Rep. Mark Batinick
  5/21/2015HouseAdded Chief Co-Sponsor Rep. Sheri Jesiel
  5/21/2015HouseAdded Chief Co-Sponsor Rep. John M. Cabello
  5/21/2015HouseAdded Co-Sponsor Rep. Jeanne M Ives
  5/21/2015HouseAdded Co-Sponsor Rep. Ron Sandack
  5/21/2015HouseAdded Co-Sponsor Rep. Michael W. Tryon
  5/21/2015HouseAdded Co-Sponsor Rep. Avery Bourne
  5/21/2015HouseAdded Co-Sponsor Rep. Terri Bryant
  5/21/2015HouseAdded Co-Sponsor Rep. Tim Butler
  1/10/2017HouseSession Sine Die

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