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DEPT REV-STUDY-PROP TX

Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Requires the Department of Revenue to conduct a study to determine the effects and feasibility of assessing property in the State at 100% rather than at 33 1/3% of its fair cash value. Requires the Department to submit a report to the Governor and the General Assembly no later than January 1, 2009 concerning the study. Effective immediately.

Latest Actions
  • 03/14/2008 - Rule 19(a) / Re-referred to Rules Committee
  • 02/22/2008 - Assigned to Revenue Committee
  • 02/13/2008 - First Reading
  • 02/13/2008 - Referred to Rules Committee
  • 02/13/2008 - Filed with the Clerk by Rep. Timothy L. Schmitz
Bill Text
File name Last Updated
HB4912 Bill Text Introduced PDF02/13/2008