<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5303   </title>
<shortdesc>PROP TX-FARMLAND ASSESSMENT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Patricia Reid Lindner-Tom Cross</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/10-146 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that if a barn is improved for the purpose of preserving the integrity of the internal and external features of the structure as a barn then, beginning with the assessment year immediately following the completion of the improvements, the value of those improvements is not included in the fair cash value of the barn. Provides that this special valuation applies only to structures that have been first placed in service as a barn prior to 1937. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2008</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Patricia Reid Lindner</action>
<statusdate>2/14/2008</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/14/2008</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/15/2008</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Tom Cross</action>
<statusdate>2/20/2008</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/14/2008</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

