IL HB0143 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on January 13 2021 - 25% progression, died in committee
Action: 2021-03-27 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 13 2021 - 25% progression, died in committee
Action: 2021-03-27 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that the income limitation under the Act is $65,000 beginning tax year 2021 (currently, $55,000). Provides that, beginning with the 2021 tax year, the total amount of any such deferral shall not exceed $12,000 per taxpayer in each tax year and the interest shall accrue at the rate of 2% (currently, 6%). Effective immediately.
Title
SENIOR TAX DEFERRAL
Sponsors
| Rep. Debbie Meyers-Martin [D] | Rep. Lindsey LaPointe [D] | Rep. Latoya Greenwood [D] | Rep. LaShawn Ford [D] |
| Rep. Will Guzzardi [D] | Rep. Katie Stuart [D] | Rep. Rita Mayfield [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-03-27 | House | House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee |
| 2021-03-27 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2021-03-11 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee |
| 2021-03-10 | House | Added Co-Sponsor Rep. Rita Mayfield |
| 2021-03-09 | House | House Committee Amendment No. 1 Referred to Rules Committee |
| 2021-03-09 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Debbie Meyers-Martin |
| 2021-03-04 | House | To Property Tax Subcommittee |
| 2021-03-03 | House | Added Co-Sponsor Rep. Katie Stuart |
| 2021-02-23 | House | Assigned to Revenue & Finance Committee |
| 2021-02-12 | House | Added Co-Sponsor Rep. Will Guzzardi |
| 2021-02-08 | House | Added Co-Sponsor Rep. La Shawn K. Ford |
| 2021-02-06 | House | Added Co-Sponsor Rep. LaToya Greenwood |
| 2021-02-06 | House | Added Chief Co-Sponsor Rep. Lindsey LaPointe |
| 2021-01-14 | House | Referred to Rules Committee |
| 2021-01-14 | House | First Reading |
| 2021-01-13 | House | Filed with the Clerk by Rep. Debbie Meyers-Martin |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 320 | 30 | 2 | Amended Code | Citation Text |
| 320 | 30 | 3 | Amended Code | Citation Text |
