Illinois General Assembly - Bill Status for HB3864
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 Bill Status of HB3864  94th General Assembly


Short Description:  PROP TX-HOMESTEAD EXEMPTIONS

House Sponsors
Rep. Sidney H. Mathias - Lou Lang

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/15-170
35 ILCS 200/15-175


Synopsis As Introduced
Amends the Property Tax Code. Provides that the maximum reduction under the Senior Citizen Homestead Exemption shall be $3,500 for 2006, $4,000 for 2007, $4,500 for 2008, and $5,000 for 2009 and thereafter in all counties. Provides that the maximum reduction under the General Homestead Exemption shall be $5,500 for 2006, $6,000 for 2007, $6,500 for 2008, and $7,000 for 2009 and thereafter in all counties. Effective immediately.

Actions 
DateChamber Action
  2/25/2005HouseFiled with the Clerk by Rep. Sidney H. Mathias
  2/28/2005HouseFirst Reading
  2/28/2005HouseReferred to Rules Committee
  3/1/2005HouseAssigned to Revenue Committee
  3/8/2005HouseAdded Chief Co-Sponsor Rep. Lou Lang
  3/10/2005HouseRule 19(a) / Re-referred to Rules Committee
  1/9/2007HouseSession Sine Die

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