92nd General Assembly
Status of HB0304
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Summary
MAY-FORBY-FOWLER-DAVIS,MONIQUE-HOLBROOK, FRANKS AND SOTO.

   35 ILCS 200/15-172                                                          
   30 ILCS 805/8.25 new                                                        

        Amends the Senior Citizens Assessment Freeze Homestead  Exemption      
   provisions in the Property Tax Code. Beginning with taxable year 2001,      
   decreases the age of eligibility for the exemption to 60 (now, 65) and      
   increases  the annual household income eligibility level to $50,000 or      
   less (now, $40,000 or less).  Provides that no  reimbursement  by  the      
   State is required for the implementation of any mandate created by the      
   Senior  Citizens  Assessment  Freeze  Homestead Exemption.  Amends the      
   State Mandates Act to provide that no reimbursement by  the  State  is      
   required  for  the implementation of any mandate created by the Senior      
   Citizens Assessment Freeze Homestead Exemption  in  the  Property  Tax      
   Code.  Effective immediately.                                               
   JAN-26-2001  H  FILED WITH CLERK                                               
   JAN-30-2001  H  FIRST READING                                                  
   JAN-30-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   JAN-31-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   FEB-07-2001  H  ADDED AS A JOINT SPONSOR                 FORBY                 
   FEB-07-2001  H  ADDED AS A JOINT SPONSOR                 FOWLER                
   FEB-09-2001  H  ADDED AS A JOINT SPONSOR                 DAVIS,MONIQUE         
   FEB-15-2001  H  ADDED AS A JOINT SPONSOR                 HOLBROOK              
   FEB-15-2001  H  ADDED AS A CO-SPONSOR                    FRANKS                
   FEB-21-2001  H  ADDED AS A CO-SPONSOR                    SOTO                  
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary