Comments: IL HB1230 | 2013-2014 | 98th General Assembly

Bill Title: Amends the Property Tax Code concerning the Senior Citizens Assessment Freeze Homestead Exemption. Sets forth provisions for calculating the base amount for a new residence if the taxpayer changes residences and the equalized assessed value of the new residence is equal to or less than the equalized assessed value of the taxpayer's prior residence. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB1230 Detail]

Text: Latest bill text (Introduced) [HTML]

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