Bill Sponsors: IL HB3535 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Property Tax Code. Provides that, for the purposes of the Low-Income Senior Citizens Assessment Freeze Homestead Exemption, the maximum income limitation does not include any required minimum distributions from an individual retirement account or other retirement account. Effective immediately.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced) 2023-03-16 - Added Co-Sponsor Rep. Chris Miller [HB3535 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Jed Davis [R]PrimarySponsored BillsHD-075FollowTheMoneyBallotpediaVoteSmart
Representative Chris Miller [R]CosponsorSponsored BillsHD-101FollowTheMoneyBallotpediaVoteSmart

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