IL HB5437 | 2019-2020 | 101st General Assembly

Status

Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on February 14 2020 - 25% progression, died in committee
Action: 2020-02-18 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. Provides that, if a person who qualifies for a senior citizens assessment freeze homestead exemption relocates from one residence in this State to another residence in this State, and the person continues to qualify for the exemption, then the exemption amount for the new residence may not be less than the exemption amount for the previous residence for the last full assessment year in which the qualifying individual occupied the previous residence. Effective immediately.

Tracking Information

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Title

PROP TX-SENIOR FREEZE TRANSFER

Sponsors


History

DateChamberAction
2020-02-18HouseReferred to Rules Committee
2020-02-18HouseFirst Reading
2020-02-14HouseCo-Sponsor Rep. Tom Weber
2020-02-14HouseCo-Sponsor Rep. Lindsay Parkhurst
2020-02-14HouseChief Co-Sponsor Rep. Amy Grant
2020-02-14HouseChief Co-Sponsor Rep. Joe Sosnowski
2020-02-14HouseChief Co-Sponsor Rep. Deanne M. Mazzochi
2020-02-14HouseFiled with the Clerk by Rep. Grant Wehrli

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520015-172Amended CodeCitation Text

Illinois State Sources


Bill Comments

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