legislature overrides Blagojevich veto, extend 7% property tax increase cap

Oak Park Journal:

SPRINGFIELD, IL – Illinois State Senator Don Harmon (D-Oak Park) announced that legislation extending the 7% property assessment cap for an additional three years will become law. Senator Harmon joined his colleagues in both the Senate and the House recently to override the Governor’s veto of House Bill 664....

With the Governor’s veto overridden by both the House and the Senate, the last hurdle remaining for the proposal is approval by the Cook County Board, which is expected to meet on the issue soon.

I have an inkling that this issue is more complicated than extending cap good and not extending cap bad.

But I need to get more info to explain it.