Bill Status of HB1238

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HB1238 - 104th General Assembly

PROP TX-FLOOD HAZARD
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Maurice A. West, II
Statutes Amended In Order of Appearance
35 ILCS 200/15-190 new
Synopsis As Introduced
Amends the Property Tax Code. Creates a homestead exemption, subject to certain limitations, for property that is located within a special flood hazard area as identified by the Federal Emergency Management Agency. Provides that the amount of the exemption shall be a reduction in the property's equalized assessed value of $5,000. Effective immediately.
Actions
Date Chamber Action
1/10/2025 House Filed with the Clerk by Rep. Maurice A. West, II
1/28/2025 House First Reading
1/28/2025 House Referred to Rules Committee
2/11/2025 House Assigned to Revenue & Finance Committee
2/25/2025 House To Property Tax Subcommittee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee