Bill Status of HB 5864   94th General Assembly


Short Description:  PROP TX-SR FREEZE EXEMPTION

House Sponsors
Rep. Robert F. Flider

Last Action  View All Actions

DateChamber Action
  11/21/2006HouseReferred to Rules Committee

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

Synopsis As Introduced
Amends the Property Tax Code. Provides that for taxable years 2007 and thereafter, the amount of the Senior Citizens Assessment Freeze Homestead Exemption is the equalized assessed value of the residence in the taxable year for which application is made minus the base amount (now, the amount of the exemption is reduced based upon the taxpayer's household income). Provides that in counties having fewer than 3,000,000 inhabitants, the county board may, by resolution, provide that, if a person has been granted a Senior Citizens Assessment Freeze Homestead Exemption, then that person need not reapply for the exemption.

Actions 
DateChamber Action
  11/21/2006HouseFiled with the Clerk by Rep. Robert F. Flider
  11/21/2006HouseFirst Reading
  11/21/2006HouseReferred to Rules Committee

Back To Top