Bill Status of SB 3573   103rd General Assembly

Short Description:  PROP TX-SENIOR FREEZE

Senate Sponsors
Sen. Erica Harriss-Seth Lewis-Dan McConchie, Andrew S. Chesney, Dave Syverson, Sally J. Turner, Win Stoller, Jil Tracy, Sue Rezin and Jason Plummer

Last Action  View All Actions

DateChamber Action
  5/3/2024SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 200/15-172

Synopsis As Introduced
Amends the Property Tax Code. Provides that, for taxable year 2024, the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption is $75,000. Provides that, for taxable year 2025 and subsequent taxable years, the maximum income limitation shall be adjusted by the percentage increase, if any, in the Consumer Price Index. Effective immediately.

Actions 
DateChamber Action
  2/9/2024SenateFiled with Secretary by Sen. Erica Harriss
  2/9/2024SenateFirst Reading
  2/9/2024SenateReferred to Assignments
  2/16/2024SenateAdded as Chief Co-Sponsor Sen. Seth Lewis
  2/20/2024SenateAssigned to Revenue
  2/20/2024SenateAdded as Chief Co-Sponsor Sen. Dan McConchie
  3/15/2024SenateRule 2-10 Committee Deadline Established As April 5, 2024
  3/18/2024SenateAdded as Co-Sponsor Sen. Andrew S. Chesney
  3/20/2024SenateAdded as Co-Sponsor Sen. Dave Syverson
  4/5/2024SenateRule 2-10 Committee Deadline Established As May 3, 2024
  5/3/2024SenateRule 3-9(a) / Re-referred to Assignments
  6/10/2024SenateAdded as Co-Sponsor Sen. Sally J. Turner
  6/11/2024SenateAdded as Co-Sponsor Sen. Win Stoller
  6/26/2024SenateAdded as Co-Sponsor Sen. Jil Tracy
  7/2/2024SenateAdded as Co-Sponsor Sen. Sue Rezin
  7/11/2024SenateAdded as Co-Sponsor Sen. Jason Plummer

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