Date	Chamber	Action
5/3/2024	Senate	Rule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance

35 ILCS 200/15-177

Synopsis As Introduced
Amends the Property Tax Code. Provides that, for the purpose of calculating the long-time occupant homestead exemption, the adjusted homestead value shall be calculated by increasing the base homestead value by (i) 5% (currently, 10%) for qualified taxpayers with a household income of more than $75,000 but not exceeding $100,000 or (ii) 3% (currently, 7%) for qualified taxpayers with a household income of $75,000 or less. Effective immediately.

Actions 

Date	Chamber	Action
1/19/2024	Senate	Filed with Secretary by Sen. Natalie Toro
1/19/2024	Senate	First Reading
1/19/2024	Senate	Referred to Assignments
1/31/2024	Senate	Assigned to Revenue
3/15/2024	Senate	Rule 2-10 Committee Deadline Established As April 5, 2024
4/5/2024	Senate	Rule 2-10 Committee Deadline Established As May 3, 2024
5/3/2024	Senate	Rule 3-9(a) / Re-referred to Assignments

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