Bill Status of SB2168  93rd General Assembly

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Short Description:  PROP TAX-UNIFORM EXEMPTIONS

Senate Sponsors
Sen. William E. Peterson - Adeline Jay Geo-Karis - Pamela J. Althoff

Last Action

Date	Chamber	Action
1/11/2005	Senate	Session 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 for all counties, except counties with 3,000,000 or more inhabitants, the maximum reduction from assessed value for the senior citizens homestead exemption shall be $2,500 for taxable years 2003 and thereafter (now, $2,000). Provides that for all counties, except counties with 3,000,000 or more inhabitants, the maximum reduction from assessed value for the general homestead exemption shall be $4,500 for taxable years 2003 and thereafter (now, $3,500). Effective immediately.

Actions 

Date	Chamber	Action
1/14/2004	Senate	Filed with Secretary by Sen. William E. Peterson
1/14/2004	Senate	First Reading
1/14/2004	Senate	Referred to Rules
2/10/2004	Senate	Added as Chief Co-Sponsor Sen. Adeline Jay Geo-Karis
2/10/2004	Senate	Added as Chief Co-Sponsor Sen. Pamela J. Althoff
1/11/2005	Senate	Session Sine Die