Illinois House of Representatives bill in Session 104.
Status: in_committee. Latest action: March 21, 2025.
PROP TX-WOODED ACREAGE.
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.
| Date | Event | Detail |
|---|---|---|
| 2025-02-18 | Introduced | Bill introduced |
| 2025-03-21 | Status | in_committee |
| 2025-03-21 | Latest Action | 3/21/2025 - House: |