PROP TX-HISTORIC RESIDENCE House SponsorsRep. Kelly M. Burke 1/7/2025HouseSession Sine Die 35 ILCS 200/10-4035 ILCS 200/10-50 Amends the Property Tax Code. In provisions concerning the Historic Residence Assessment Freeze Law, provides that the fair cash value of the property shall be based on the final determination by the assessment officer, board of review, Property Tax Appeal Board, or court. Provides that, after the expiration of the 8-year valuation period, if the current fair cash value is less than the adjusted base year valuation, then the assessment shall be based on the current fair cash value. Provides that the amendatory changes are declarative of existing law. 2/15/2023HouseFiled with the Clerk by Rep. Kelly M. Burke 2/15/2023HouseFirst Reading 2/15/2023HouseReferred to Rules Committee 2/28/2023HouseAssigned to Revenue & Finance Committee 3/9/2023HouseTo Revenue - Property Tax Subcommittee 3/10/2023HouseRule 19(a) / Re-referred to Rules Committee 1/7/2025HouseSession Sine Die