Comments: IL HB0223 | 2009-2010 | 96th General Assembly

Bill Title: Amends the Property Tax Code. Provides that, beginning with the 2010 assessment year and unless otherwise stated, the maximum amount of each homestead exemption is increased over the maximum amount of that exemption for the prior year by an amount equal to the annual rate of increase, for the previous calendar year, of the Consumer Price Index for All Urban Consumers for all items, published by the United States Bureau of Labor Statistics. Effective immediately.

Spectrum: Slight Partisan Bill (Republican 5-2)

Status: (Introduced - Dead) 2009-03-19 - Added Co-Sponsor Rep. Randy Ramey, Jr. [HB0223 Detail]

Text: Latest bill text (Introduced) [HTML]

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