Date	Chamber	Action
1/11/2005	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/15-172

30 ILCS 805/8.27 new

Synopsis As Introduced
Amends the Senior Citizens Assessment Freeze Homestead Exemption provisions in the Property Tax Code. Provides that if an applicant for an exemption who moves to a new residence during the taxable year was granted an exemption for his or her previous residence in the immediately prior taxable year, then, for purposes of these provisions, that applicant's "residence" shall be deemed to be the new residence to which he or she moves. Provides that the "base amount" for the new residence shall be established by the chief county assessment officer at the same percentage of equalized assessed value of the new residence as the base amount for the previous residence was to the equalized assessed value of the previous residence in the most recent year for which an exemption was granted. Amends the Senior Citizens Assessment Freeze Homestead Exemption provisions and the State Mandates Act to require implementation without reimbursement from the State. Effective immediately.

Actions 

Date	Chamber	Action
2/4/2003	Senate	Filed with Secretary by Sen. David Luechtefeld
2/4/2003	Senate	First Reading
2/4/2003	Senate	Referred to Rules
2/6/2003	Senate	Assigned to Revenue
2/19/2003	Senate	To Subcommittee
3/14/2003	Senate	Rule 3-9(a) / Re-referred to Rules
1/11/2005	Senate	Session Sine Die

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