House Sponsors: GIGLIO-LOPEZ, BURKE, SLONE, SCOTT, SCULLY, BRADLEY, HOLBROOK, HARRIS, FLOWERS AND DAVIS,MONIQUE. Short description: PROP TX-65-SCHOOL AIDS-EXEMPT Synopsis of Bill as introduced: Amends the Property Tax Code. Creates the senior citizen school volunteer homestead exemption. Grants an annual exemption from the value of real property of a person 65 years of age or older who (i) occupies the property as a residence, (ii) is liable for paying real estate taxes on the property, (iii) is an owner of record of the property or has a legal or equitable interest in the property as evidenced by a written instrument, (iv) is retired from full-time employment, and (v) makes a certified contribution of volunteer services during the previous taxable year to a public school. Defines "qualified contribution" and "volunteer services". Provides that the chief county assessment officer must determine the eligibility of the property to receive the exemption by application, visual inspection, questionnaire, or other reasonable methods. Sunsets the exemption after 5 years. Makes corresponding changes to cross-references in the provisions concerning certification and certificate of errors. Amends the Economic Development Area Tax Increment Allocation Act, County Economic Development Project Area Property Tax Allocation Act, County Economic Development Project Area Tax Increment Allocation Act of 1991, and the Economic Development Project Area Tax Increment Allocation Act of 1995. Amends the Tax Increment Allocation Redevelopment Act and Industrial Jobs Recovery Law of the Illinois Municipal Code. Deducts the exemption from assessed value calculations for entities that have adopted tax allocation financing under these provisions. Amends the Criminal Code of 1961 to provide that an individual under a deportation order is ineligible for the senior citizen school volunteer homestead exemption. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. HOUSING AFFORDABILITY NOTE (Housing Development Authority) It is not possible to determine how many senior citizens would be affected by this legislation, as that would depend on the number of households who volunteer. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status