IL HB0493 | 2015-2016 | 99th General Assembly

Status

Spectrum: Partisan Bill (Republican 10-0)
Status: Introduced on January 30 2015 - 25% progression, died in committee
Action: 2015-05-21 - Added Co-Sponsor Rep. Tim Butler
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. Beginning in taxable year 2016, increases the maximum income limitation under the Senior Citizens Assessment Freeze Homestead Exemption from $55,000 to $75,000 for applicants who have occupied the residence for 5 years or more. Indexes the maximum income limitation to the Consumer Price Index. Effective immediately.

Tracking Information

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Title

PROP TX-SENIOR FREEZE

Sponsors


History

DateChamberAction
2015-05-21HouseAdded Co-Sponsor Rep. Tim Butler
2015-05-21HouseAdded Co-Sponsor Rep. Michael P. McAuliffe
2015-05-21HouseAdded Co-Sponsor Rep. Avery Bourne
2015-05-21HouseAdded Co-Sponsor Rep. Michael W. Tryon
2015-05-21HouseAdded Co-Sponsor Rep. Ron Sandack
2015-05-21HouseAdded Chief Co-Sponsor Rep. John M. Cabello
2015-05-21HouseAdded Chief Co-Sponsor Rep. Dwight Kay
2015-05-21HouseAdded Chief Co-Sponsor Rep. Mark Batinick
2015-05-21HouseAdded Chief Co-Sponsor Rep. Sheri Jesiel
2015-03-27HouseRule 19(a) / Re-referred to Rules Committee
2015-02-20HouseTo Property Tax Subcommittee
2015-02-13HouseAssigned to Revenue & Finance Committee
2015-01-30HouseReferred to Rules Committee
2015-01-30HouseFirst Reading
2015-01-30HouseFiled with the Clerk by Rep. Christine Winger

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520015-172Amended CodeCitation Text

Illinois State Sources


Bill Comments

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