Illinois General Assembly - Bill Status for HB3057

Synopsis As Introduced
Amends the Property Tax Code. Creates a school tax reduction homestead exemption. Provides that, for the purpose of calculating taxes levied by a school district, there shall be a reduction from the equalized assessed value of qualified homestead property equal to the exempt amount. Sets forth the calculation of the exempt amount. Provides that "qualified homestead property" means homestead property owned by persons with a household income of less than $500,000 per year.

Actions

Date	Chamber	Action
2/15/2019	House	Filed with the Clerk by Rep. Sonya M. Harper
2/15/2019	House	First Reading
2/15/2019	House	Referred to Rules Committee
2/15/2019	House	Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Sonya M. Harper
2/21/2019	House	Motion Prevailed
2/21/2019	House	Tabled

×