Illinois General Assembly - Bill Status for HB1254

Synopsis As Introduced
Amends the Property Tax Code. Provides that the total property tax bill for any property receiving the senior citizens homestead exemption may not exceed 101% of the tax bill for the immediately preceding taxable year, unless the increase is due to improvements to the property that increased the property's fair market value in the applicable tax year.

Actions

Date	Chamber	Action
1/18/2023	House	Filed with the Clerk by Rep. Joe C. Sosnowski
1/19/2023	House	Added Co-Sponsor Rep. Travis Weaver
1/31/2023	House	First Reading
1/31/2023	House	Referred to Rules Committee
5/9/2023	House	Added Co-Sponsor Rep. Tony M. McCombie
6/22/2023	House	Added Co-Sponsor Rep. Dan Swanson
8/8/2023	House	Added Co-Sponsor Rep. Norine K. Hammond
11/8/2023	House	Added Co-Sponsor Rep. Tom Weber
11/8/2023	House	Added Co-Sponsor Rep. Dave Severin
2/28/2024	House	Assigned to Revenue & Finance Committee
3/8/2024	House	To Revenue - Property Tax Subcommittee
4/5/2024	House	Rule 19(a) / Re-referred to Rules Committee

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