IllinoisHB3747104th General Assembly (2025–2026)House

PROP TX-WOODED ACREAGE

Sponsored By: Ryan Spain (Republican)

In Committee

Summary

Amends the Property Tax Code. In provisions concerning wooded acreage assessment, provides that the assessed value of property that is subject to assessment under those provisions may not exceed the product of the assessed value of the property for the immediately preceding assessment year multiplied by 104%. Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Ryan Spain

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 19(a) / Re-referred to Rules Committee

    3/21/2025House
  2. To Tax Policy: Other Taxes Subcommittee

    3/13/2025House
  3. Assigned to Revenue & Finance Committee

    3/11/2025House
  4. Referred to Rules Committee

    2/18/2025House
  5. First Reading

    2/18/2025House
  6. Filed with the Clerk by Rep. Ryan Spain

    2/7/2025House

Bill Text

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