Illinois General Assembly - Bill Status for HB3070
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 Bill Status of HB3070  103rd General Assembly


Short Description:  PROP TX-LONG TIME OCCUPANT

House Sponsors
Rep. Edgar Gonzalez, Jr.

Last Action
DateChamber Action
  1/31/2024HouseAssigned to Revenue & Finance Committee

Statutes Amended In Order of Appearance
35 ILCS 200/15-177


Synopsis As Introduced
Amends the Property Tax Code. In provisions concerning the long-time occupant homestead exemption, provides that for tax year 2024 and thereafter, the exemption applies to qualified taxpayers with a household income of $85,000 or less and is based on an increase of 5% for each taxable year after the base year. Removes provisions providing that a qualified taxpayer may not receive the long-time occupant homestead exemption and certain other exemptions. Provides that qualified taxpayers need not reapply for the long-time occupant homestead exemption on an annual basis. Effective immediately.

Actions 
DateChamber Action
  2/16/2023HouseFiled with the Clerk by Rep. Edgar Gonzalez, Jr.
  2/17/2023HouseFirst Reading
  2/17/2023HouseReferred to Rules Committee
  2/28/2023HouseAssigned to Revenue & Finance Committee
  3/9/2023HouseTo Revenue - Property Tax Subcommittee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee
  1/31/2024HouseAssigned to Revenue & Finance Committee

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