IL HB5425 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 9 2024 - 25% progression
Action: 2024-05-14 - Added Co-Sponsor Rep. Nicole La Ha
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 9 2024 - 25% progression
Action: 2024-05-14 - Added Co-Sponsor Rep. Nicole La Ha
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Creates a senior citizens homestead school levy exemption for property that is improved with a permanent structure that is occupied as a primary residence by an applicant who (i) is 65 years of age or older during the taxable year, (ii) has a household income that does not exceed the maximum income limitation, (iii) is liable for paying real property taxes on the property, (iv) is an owner of record of the property or has a legal or equitable interest in the property as evidenced by a written instrument, if no individual residing at the real property is or will be enrolled in a public school. Effective immediately.
Title
PROP TX-SENIORS-SCHOOLS
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-05-14 | House | Added Co-Sponsor Rep. Nicole La Ha |
2024-04-19 | House | Added Chief Co-Sponsor Rep. Patrick Sheehan |
2024-04-05 | House | Rule 19(a) / Re-referred to Rules Committee |
2024-03-08 | House | To Revenue - Property Tax Subcommittee |
2024-03-05 | House | Assigned to Revenue & Finance Committee |
2024-02-09 | House | Referred to Rules Committee |
2024-02-09 | House | First Reading |
2024-02-09 | House | Filed with the Clerk by Rep. Jennifer Sanalitro |
Code Citations
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5425&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
Text | https://www.ilga.gov/legislation/103/HB/10300HB5425.htm |