An Undue Burden

This can only be bad news for suburban Cook:

The measure is designed to take advantage of rapid fluctuations in the housing market, particularly when dropping values could lower property tax bills. Rep. Kevin Joyce (D-Chicago), the legislation's sponsor, said the current three-year reassessment cycle is "not fair and equitable."

"We need to make sure that . . . people aren't paying an undue burden," Joyce said.

We know we're paying an undue burden, no need to spend $10 million to institute this.