91st General Assembly
Status of SB1242
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REA.

   35 ILCS 200/14-20                                                           
   35 ILCS 200/15-170                                                          
   35 ILCS 200/15-172                                                          
   30 ILCS 805/8.23 new                                                        

        Amends the Property Tax Code. Provides that the maximum amount of      
   the senior  citizens  homestead  exemption  shall  be  $3,500  in  all      
   counties  (now  $2,500  in counties with 3,000,000 or more inhabitants      
   and $2,000 in all other counties).  Includes disabled  persons  within      
   the  provisions  awarding  an assessment freeze homestead exemption to      
   senior citizens.  Changes the name to the Senior Citizens or  Disabled      
   Persons  Assessment  Freeze  Homestead  Exemption (now Senior Citizens      
   Assessment Freeze Homestead Exemption).  Makes  corresponding  changes      
   to a cross-reference to the exemption.  Amends the States Mandates Act      
   to    require    implementation   without   reimbursement.   Effective      
   immediately.                                                                
   99-05-24  S  FIRST READING                                                  
   99-05-24  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   01-01-09  S  SESSION SINE DIE                                               

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 Full Text  Bill Summary