Bill Status of HB 144   95th General Assembly

Short Description:  PROP TX-SENIOR FREEZE EXEMPT

House Sponsors
Rep. Brent Hassert-Lisa M. Dugan-Paul D. Froehlich-Sandra M. Pihos-Timothy L. Schmitz, Al Riley, Linda Chapa LaVia and Milton Patterson

Last Action  View All Actions

DateChamber Action
  1/13/2009HouseSession Sine Die

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

Synopsis As Introduced
Amends the Property Tax Code. In a Section concerning the Senior Citizens Assessment Freeze Homestead Exemption, provides that, for taxable year 2007 and thereafter, the amount of the 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 based upon the applicant's household income). Provides that, in taxable year 2007 and thereafter, the maximum income limitation must be increased each year by the lesser of (i) 2% or (ii) an amount equal to the annual rate of increase of the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor Bureau of Labor Statistics. Makes technical changes. Effective immediately.

Actions 
DateChamber Action
  12/14/2006HousePrefiled with Clerk by Rep. Brent Hassert
  1/19/2007HouseFirst Reading
  1/19/2007HouseReferred to Rules Committee
  1/26/2007HouseAdded Chief Co-Sponsor Rep. Lisa M. Dugan
  1/31/2007HouseAssigned to Revenue Committee
  2/6/2007HouseAdded Chief Co-Sponsor Rep. Paul D. Froehlich
  2/6/2007HouseAdded Chief Co-Sponsor Rep. Sandra M. Pihos
  2/21/2007HouseAdded Co-Sponsor Rep. Al Riley
  3/2/2007HouseAdded Co-Sponsor Rep. Linda Chapa LaVia
  3/13/2007HouseAdded Co-Sponsor Rep. Milton Patterson
  3/23/2007HouseRule 19(a) / Re-referred to Rules Committee
  1/22/2008HouseAdded Chief Co-Sponsor Rep. Timothy L. Schmitz
  1/13/2009HouseSession Sine Die

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