PROP TX-LOW INCOME HOUSING House SponsorsRep. Theresa Mah 1/10/2023HouseSession Sine Die 35 ILCS 200/10-260 Amends the Property Tax Code. Provides that, in determining the fair cash value of a low-income housing project (Section 42 properties), the assessment officer must consider the actual or projected net operating income attributable to the property, capitalized at rates for similarly encumbered Section 42 properties. Provides that the owner or owners of the low-income housing project must certify to the appropriate local assessment officer that the owner or owners qualify for the low-income housing tax credit under Section 42 of the Internal Revenue Code for the property. 2/19/2021HouseFiled with the Clerk by Rep. Theresa Mah 2/19/2021HouseFirst Reading 2/19/2021HouseReferred to Rules Committee 3/16/2021HouseAssigned to Revenue & Finance Committee 3/18/2021HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Theresa Mah 3/18/2021HouseHouse Committee Amendment No. 1 Referred to Rules Committee 3/22/2021HouseHouse Committee Amendment No. 2 Filed with Clerk by Rep. Theresa Mah 3/22/2021HouseHouse Committee Amendment No. 2 Referred to Rules Committee 3/23/2021HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee 3/23/2021HouseHouse Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee 3/27/2021HouseRule 19(a) / Re-referred to Rules Committee 3/27/2021HouseHouse Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee 3/27/2021HouseHouse Committee Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee 1/10/2023HouseSession Sine Die