IL SB1895 | 2019-2020 | 101st General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides that, for taxable year 2019 and thereafter, the maximum income limitation under the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that the income limitation under the Act is $75,000 for tax year 2019 and thereafter (currently, $55,000). Effective immediately.
Title
PROP TX-SENIOR FREEZE-INCOME
Sponsors
Sen. Laura Murphy [D] | Sen. Don Harmon [D] |
History
Date | Chamber | Action |
---|---|---|
2021-01-13 | Senate | Session Sine Die |
2020-02-26 | Senate | Added as Chief Co-Sponsor Sen. Don Harmon |
2019-03-28 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2019-03-22 | Senate | Rule 2-10 Committee Deadline Established As March 28, 2019 |
2019-02-27 | Senate | Assigned to Revenue |
2019-02-26 | Senate | Chief Sponsor Changed to Sen. Laura M. Murphy |
2019-02-15 | Senate | Referred to Assignments |
2019-02-15 | Senate | First Reading |
2019-02-15 | Senate | Filed with Secretary by Sen. Don Harmon |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
320 | 30 | 2 | Amended Code | Citation Text |
35 | 200 | 15-172 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1895&GAID=15&DocTypeID=SB&SessionID=108&GA=101 |
Text | https://www.ilga.gov/legislation/101/SB/10100SB1895.htm |