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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020 HOUSE JOINT RESOLUTION
CONSTITUTIONAL AMENDMENT HC0043 Introduced , by Rep. Grant Wehrli SYNOPSIS AS INTRODUCED: |
| | ILCON Art. IX, Sec. 12 new |
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Proposes to amend the Revenue Article of the Illinois Constitution. Provides that the General Assembly shall prohibit increases in the assessed value, for school district levy purposes, of homestead property owned and occupied by a person who: (i) has attained age 65; and (ii) has held legal or equitable title to the property and maintained permanent residence thereon for at least 25 years. Effective upon being declared adopted.
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| | HC0043 | | LRB101 18961 HLH 68420 e |
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1 | | HOUSE JOINT RESOLUTION
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2 | | CONSTITUTIONAL AMENDMENT
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3 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE |
4 | | HUNDRED FIRST GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE |
5 | | SENATE CONCURRING HEREIN, that there shall be submitted to the |
6 | | electors of the State for adoption or rejection at the general |
7 | | election next occurring at least 6 months after the adoption of |
8 | | this resolution a proposition to amend Article IX of the
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9 | | Illinois Constitution by adding Section 12 as follows:
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10 | | ARTICLE IX
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11 | | REVENUE
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12 | | (ILCON Art. IX, Sec. 12 new) |
13 | | SECTION 12. Assessment limitation for school district levy |
14 | | purposes for certain persons who have attained age 65. The |
15 | | General Assembly shall, by law, prohibit increases in the |
16 | | assessed value, for school district levy purposes, of homestead |
17 | | property owned and occupied by a person who: |
18 | | (1) has attained age 65; and |
19 | | (2) has held legal or equitable title to the property |
20 | | and maintained permanent residence thereon for at least 25 |
21 | | years.
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22 | | SCHEDULE
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