IL HB1254 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Republican 7-0)
Status: Introduced on January 18 2023 - 25% progression
Action: 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 18 2023 - 25% progression
Action: 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides that the total property tax bill for any property receiving the senior citizens homestead exemption may not exceed 101% of the tax bill for the immediately preceding taxable year, unless the increase is due to improvements to the property that increased the property's fair market value in the applicable tax year.
Title
PROP TX-SENIOR EXEMPTION
Sponsors
Rep. Joe Sosnowski [R] | Rep. Travis Weaver [R] | Rep. Tony McCombie [R] | Rep. Daniel Swanson [R] |
Rep. Norine Hammond [R] | Rep. Tom Weber [R] | Rep. Dave Severin [R] |
History
Date | Chamber | Action |
---|---|---|
2024-04-05 | House | Rule 19(a) / Re-referred to Rules Committee |
2024-03-08 | House | To Revenue - Property Tax Subcommittee |
2024-02-28 | House | Assigned to Revenue & Finance Committee |
2023-11-08 | House | Added Co-Sponsor Rep. Dave Severin |
2023-11-08 | House | Added Co-Sponsor Rep. Tom Weber |
2023-08-08 | House | Added Co-Sponsor Rep. Norine K. Hammond |
2023-06-22 | House | Added Co-Sponsor Rep. Dan Swanson |
2023-05-09 | House | Added Co-Sponsor Rep. Tony M. McCombie |
2023-01-31 | House | Referred to Rules Committee |
2023-01-31 | House | First Reading |
2023-01-19 | House | Added Co-Sponsor Rep. Travis Weaver |
2023-01-18 | House | Filed with the Clerk by Rep. Joe C. Sosnowski |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 200 | 15-170 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1254&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
Text | https://www.ilga.gov/legislation/103/HB/10300HB1254.htm |