96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB4920


 
Introduced 1/15/2010, by Rep. Darlene J. Senger
 
SYNOPSIS AS INTRODUCED:
 		





 







35 ILCS 200/18-179 new






105 ILCS 5/2-3.155 new






30 ILCS 805/8.34 new











     Amends the Property Tax Code.  Requires the county clerk to abate the taxes levied by a school district on each parcel of qualified homestead  property
that is owned
by a taxpayer who is 65 years of age or older and who had an annual household income of $35,000 or less for the previous taxable year.  Amends the School Code. Subject to appropriation, requires the State Board of Education to reimburse each school district for any revenue lost due to the property tax abatement.  Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
  















LRB096 15678 HLH 30914 b

















FISCAL NOTE ACT MAY APPLY


HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY


STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT
















 


 


A BILL FOR









 




  






HB4920

LRB096 15678 HLH 30914 b





  
1
    AN ACT concerning revenue.
  
 
2
    Be it enacted by the People of the State of Illinois,
 
3
represented in the General Assembly:
  
 
 
4
    Section 5. The Property Tax Code is amended  by adding 
5
Section 18-179 as follows:
 
6
    (35 ILCS 200/18-179  new)
7
    Sec. 18-179. Abatement of school district taxes for 
8
eligible senior citizens.
9
    (a) The county clerk shall abate the taxes levied by a 
10
school district on each parcel of qualified homestead  property

11
that is owned
by an eligible senior citizen.
12
    (b) The county clerk shall establish a procedure for 
13
eligible senior citizens to apply for this abatement. 
14
    (c) As used in this Section:
15
    "Eligible senior citizen" means a taxpayer who is 65 years 
16
of age or older and who had an annual household income of 
17
$35,000 or less for the previous taxable year. 
18
    "Qualified homestead property" means a parcel of real 
19
property that:
20
        (1) is occupied by not more than 2 families; and
21
        (2) is used as the
principal residence by an eligible 
22
    senior citizen.
23
    "Annual household income" has the meaning set forth under 
 


 






HB4920
- 2 -
LRB096 15678 HLH 30914 b




1
Section 15-172. 
 
2
    Section 10. The School Code is amended  by adding Section 
3
2-3.155 as follows:
 
4
    (105 ILCS 5/2-3.155 new)
5
    Sec. 2-3.155. Tax abatement reimbursements. The Board 
6
shall, subject to appropriation, reimburse each school 
7
district for any revenue lost due to the property tax abatement 
8
under Section 18-179 of the Property Tax Code.
 
9
    Section 90. The State Mandates Act is amended by adding 
10
Section 8.34 as follows:
 
11
    (30 ILCS 805/8.34 new)
12
    Sec. 8.34. Exempt mandate. Notwithstanding Sections 6 and 8 
13
of this Act, no reimbursement by the State is required for the 
14
implementation of any mandate created by this amendatory Act of 
15
the 96th General Assembly.
 
 
16
    Section 99. Effective date. This Act takes effect upon 
17
becoming law.