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| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014 SB0792 Introduced 1/24/2013, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED: | |
320 ILCS 25/3.11 | from Ch. 67 1/2, par. 403.11 |
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Amends the Senior Citizens and Disabled Persons Property Tax Relief Act. Makes a technical change in a Section
concerning the definition of "rent constituting property taxes accrued".
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| | A BILL FOR |
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| | SB0792 | | LRB098 05002 KTG 35033 b |
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1 | | AN ACT concerning aging.
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2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly:
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4 | | Section 5. The Senior Citizens and Disabled Persons |
5 | | Property Tax Relief Act is amended by changing Section 3.11 as |
6 | | follows:
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7 | | (320 ILCS 25/3.11) (from Ch. 67 1/2, par. 403.11)
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8 | | Sec. 3.11.
"Rent constituting property taxes accrued" |
9 | | means 25% of the
the
amount of gross rent paid in a taxable |
10 | | year for a residence which was subject
to ad valorem property |
11 | | taxes in that year under the Property Tax Code. |
12 | | (Source: P.A. 87-860; 88-670, eff. 12-2-94.)
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