<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 567          </title>
<shortdesc>PROP TAX-SUBDIVISIONS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Sam Yingling</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/10-30</reference><aliasreference></aliasreference><reference>35 ILCS 200/10-31</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that, prior to the initial sale of any platted lot, the assessed valuation of platted and subdivided property shall be the assessed value assigned to the property when last assessed prior to its last transfer or conveyance (currently, the estimated price the property would bring at a fair voluntary sale for use by the buyer for the same purposes for which the property was used when last assessed prior to its platting). Provides that the changes made by the amendatory Act apply from January 1, 2019 through December 31, 2023. Makes other changes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/3/2021</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Sam Yingling</action>
<statusdate>2/8/2021</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/8/2021</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/2/2021</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/11/2021</statusdate><chamber>House</chamber><action>To Property Tax Subcommittee</action>
<statusdate>3/27/2021</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

