96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB3678


 
Introduced 2/24/2009, by Rep. Emily McAsey
 
SYNOPSIS AS INTRODUCED:
 		













35 ILCS 200/15-7 new










    Amends the Property Tax Code. Provides that if, in order to qualify for a property-tax exemption, the taxpayer must have an income that is at or below a certain amount, then, for the purposes of that exemption, the term "income" does not include any Social Security benefit unless expressly stated otherwise. Effective immediately.
















LRB096 09859 JDS 20022 b

















FISCAL NOTE ACT MAY APPLY


HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











HB3678

LRB096 09859 JDS 20022 b






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    AN ACT concerning revenue.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section 5. The Property Tax Code is amended  by adding 
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Section 15-7 as follows:
 
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    (35 ILCS 200/15-7  new)
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    Sec. 15-7. Income limits; Social Security. Beginning with 
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the 2009 assessment year, if, in order to qualify for an 
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exemption under this Article 15, the taxpayer must have an 
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income that is at or below a certain amount, then, for the 
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purposes of that exemption, the term "income" does not include 
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any Social Security benefit unless expressly stated otherwise.
 

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    Section 99. Effective date. This Act takes effect upon 
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becoming law.