Bill Status of SB2512 96th General Assembly
Short Description: PROP TX-ALT HOMESTEAD EXEMPT
Sen. Ira I. Silverstein
| 1/12/2011||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Code. Provides that, in Cook County, the alternative general homestead exemption applies on a permanent basis. Increases the maximum amount of the exemption to $40,000. Effective immediately.