Illinois General Assembly - Bill Status for HB4249
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 Bill Status of HB4249  94th General Assembly


House Sponsors
Rep. Brent Hassert - James H. Meyer, Paul D. Froehlich, Sidney H. Mathias, Timothy L. Schmitz and Patricia Reid Lindner

Last Action
DateChamber Action
  1/9/2007HouseSession 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, in taxable year 2006, the amount of the income limitation must be increased from $45,000 to $47,500 and, in taxable year 2007 and thereafter, the 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 for the previous calendar year. Effective immediately.

DateChamber Action
  12/14/2005HouseFiled with the Clerk by Rep. Brent Hassert
  1/4/2006HouseFirst Reading
  1/4/2006HouseReferred to Rules Committee
  1/12/2006HouseAdded Co-Sponsor Rep. Paul D. Froehlich
  1/12/2006HouseAdded Co-Sponsor Rep. Sidney H. Mathias
  1/18/2006HouseAdded Co-Sponsor Rep. Timothy L. Schmitz
  1/24/2006HouseAdded Co-Sponsor Rep. Patricia Reid Lindner
  1/24/2006HouseAdded Chief Co-Sponsor Rep. James H. Meyer
  1/9/2007HouseSession Sine Die

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