Illinois General Assembly - Bill Status for HB5490
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 Bill Status of HB5490  97th General Assembly


Short Description:  PROP TX-SENIOR FREEZE-EQUALIZE

House Sponsors
Rep. Dennis M. Reboletti - Randy Ramey, Jr. - Angelo Saviano

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/15-172


Synopsis As Introduced
Amends the Property Tax Code. In a Section concerning the Senior Citizens Assessment Freeze Homestead Exemption, provides that, if an equalization factor of less than 1 is applied to the property for any taxable year, then the base amount shall be adjusted according to that equalization factor. Effective immediately.

Actions 
DateChamber Action
  2/10/2012HouseFiled with the Clerk by Rep. Dennis M. Reboletti
  2/14/2012HouseAdded Chief Co-Sponsor Rep. Randy Ramey, Jr.
  2/14/2012HouseAdded Chief Co-Sponsor Rep. Angelo Saviano
  2/15/2012HouseFirst Reading
  2/15/2012HouseReferred to Rules Committee
  2/21/2012HouseAssigned to Revenue & Finance Committee
  3/9/2012HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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