Illinois Code | Chapter 35 Article 200 Section 15-175

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ILHB3390Intro
25%
Amends the Property Tax Code. Provides that, beginning with the 2024 tax year (to be collected in 2025), the total tax bill for property receiving the General Homestead Exemption may not exceed 103% of the total property tax bill for the property for...
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2024-04-05
To House Rules Committee
ILHB3279Intro
25%
Repeals the Real Estate Transfer Tax Law of the Property Tax Code. Moves provisions concerning the real estate transfer declarations and exemptions to the Conveyances Act. Makes conforming changes.
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2023-03-16
To House Rules Committee
ILHB1058Intro
25%
Amends the Property Tax Code. Provides that property improved with a single family residence that is occupied as a principal dwelling place by an immediate family member of the property owner also qualifies for the general homestead exemption. Provid...
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2023-03-10
To House Rules Committee
ILHB1411Intro
25%
Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum reduction is $10,000 in all counties. Effective immediately.
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2023-03-10
To House Rules Committee
ILHB2965Intro
25%
Amends the Property Tax Code. Provides that, at each residential real estate closing, the closing agent shall present the purchaser with a copy of the application for the general homestead exemption. Provides that the purchaser shall complete the app...
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2023-03-10
To House Rules Committee
ILHB3509Intro
25%
Amends the Property Tax Code. Increases the maximum reduction for the general homestead exemption to $50,000 in counties with 3,000,000 or more inhabitants. Provides that for taxable years 2024 through 2026, the property tax liability for homestead p...
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2023-02-17
To House Rules Committee
ILHB1428Intro
25%
Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the term "maximum income limitation" for the low-income senior citizens assessment freeze homestead exemption means the greater of (i) $80,000 or (ii) $80,000 adjuste...
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2023-01-31
To House Rules Committee
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