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<xml>
<title>Illinois General Assembly - Bill Status for HB 4947         </title>
<shortdesc>PROP TX-INCOME PROPERTY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. William Davis, Lindsey LaPointe, Mark L. Walker and Eva Dina Delgado</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/Art. 9 Div. 6 heading new</reference><aliasreference></aliasreference><reference>35 ILCS 200/9-280 new</reference><aliasreference></aliasreference><reference>35 ILCS 200/9-281 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that, in counties with 3,000,000 or more inhabitants, taxpayers of income producing property shall submit income and expense data annually to the chief county assessment officer on or before July 1 of each year. Provides that, in counties of fewer than 3,000,000 inhabitants, the county board may provide by ordinance or resolution that taxpayers of income-producing property shall submit income and expense data annually to the chief county assessment officer on or before March 31 of each year. Contains certain exceptions. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/13/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. William Davis</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/3/2020</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/12/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Lindsey LaPointe</action>
<statusdate>6/23/2020</statusdate><chamber>House</chamber><action>Rule 19(b) / Re-referred to Rules Committee</action>
<statusdate>7/22/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mark L. Walker</action>
<statusdate>8/24/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Eva Dina Delgado</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

