90th General Assembly
Summary of HB1513
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House Sponsors:
HOLBROOK-STEPHENS-WOOLARD-CROTTY-BRADFORD AND DAVIS,STEVE.

Senate Sponsors:
CLAYBORNE-O'MALLEY

Short description: 
PROP TX-SR EXEMPTION-FILING                                                

Synopsis of Bill as introduced:
        Amends the  Property  Tax  Code.  Provides  that  once  a  person      
   qualifies  for the Senior Citizens Homestead Exemption the person need      
   not reapply for the exemption. Provides that the exemption shall  then      
   automatically  be granted so long as the qualified person continues to      
   occupy the residence or, if the qualified person moves into a facility      
   licensed under the Nursing Home Care Act, so long  as   the  qualified      
   persons's  spouse  occupies the residence if the spouse is 65 or older      
   or, if the  residence  remains  unoccupied,  so  long  as  the  person      
   qualified   still  owns  the  residence.  Deletes  current  provisions      
   regarding annual filing. Effective immediately.                             
        HOUSE AMENDMENT NO. 1.                                                 
        Provides that the provisions concerning the automatic granting of      
   the exemption to persons who have previously  been  approved  for  the      
   exemption  shall  only  apply  in  counties  with a population between      
   250,000 and 300,000 that have an elected 3-member board of review.          
          STATE MANDATES FISCAL NOTE, H-AM 1                                   
          HB1513, with H-am 1, fails to create a State mandate.                
          HOME RULE NOTE, H-AM 1                                               
          HB1513, with H-am 1, does not preempt home rule authority.           
          FISCAL NOTE, H-AM 1 (Dept. of Revenue)                               
          HB 1513, amended, is local in nature and does affect this Dept.      
        SENATE AMENDMENT NO. 1.                                                
        Restores provision  stating  that  in  counties  with  less  than      
   3,000,000  inhabitants,  if  the  assessor  or chief county assessment      
   officer requires annual application for  verification  of  eligibility      
   for   a   senior   citizens  homestead  exemption  once  granted,  the      
   application shall be mailed to the taxpayer.                                
        SENATE AMENDMENT NO. 2.                                                
        Provides that the provision stating that a person qualifying  for      
   the senior citizens homestead exemption need not reapply in subsequent      
   years  shall  apply  in  counties with less than 3,000,000 inhabitants      
   (now in counties with between 250,000  and  300,000  inhabitants  that      
   have an elected 3-member board of review).                                  
        SENATE AMENDMENT NO. 4.                                                
          Adds reference to:                                                   
          35 ILCS 200/30-25                                                    
        Amends the Property Tax  Code.   Allows  the                           
   corporate  authorities  of  a  taxing  district  to  distribute moneys      
   deposited in the tax reimbursement account to homestead  property  and      
   commercial  or  industrial  property, except property located within a      
   tax  increment  financing  district  and  apartment  buildings.    The      
   proportion  of  the moneys to be disbursed to homestead properties and      
   to commercial or industrial properties  shall  be  determined  by  the      
   corporate  authorities of the taxing district except that at least 50%      
   of the moneys shall be distributed to homestead properties.                 
        SENATE AMENDMENT NO. 5.                                                
        Amends the Property Tax Code. Provides that the county board of a      
   county with less than 3,000,000 inhabitants may by resolution provide       
   that if a person has been granted a senior citizens homestead exemp-        
   tion, the person need not reapply for the exemption.                        
 
Last action on Bill: PUBLIC ACT.............................. 90-0471

   Last action date: 97-08-17

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   4


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