Illinois General Assembly - Bill Status for HB5486
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 Bill Status of HB5486  100th General Assembly


House Sponsors
Rep. Barbara Flynn Currie

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
735 ILCS 5/12-901from Ch. 110, par. 12-901

Synopsis As Introduced
Amends the Code of Civil Procedure. Provides that every individual is entitled to an estate of homestead to the extent in value of $150,000 (instead of $15,000) of his or her interest in real property occupied by him or her as a residence. Provides that if 2 or more individuals own property that is exempt as a homestead, the value of the exemption of each individual may not exceed his or her proportionate share of $200,000 (instead of $30,000) based upon percentage of ownership. Effective immediately.

DateChamber Action
  2/16/2018HouseFiled with the Clerk by Rep. Will Guzzardi
  2/16/2018HouseFirst Reading
  2/16/2018HouseReferred to Rules Committee
  3/8/2018HouseChief Sponsor Changed to Rep. Barbara Flynn Currie
  3/21/2018HouseAssigned to Judiciary - Civil Committee
  3/23/2018HouseTo Civil Procedure Subcommittee
  4/13/2018HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2019HouseSession Sine Die

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