92nd General Assembly
Summary of HB0311
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
House Sponsors:
HASSERT-ZICKUS-O'CONNOR-SCHMITZ-CROSS, DANIELS, WAIT, 
   WOJCIK, LYONS,EILEEN, JONES,JOHN, KURTZ, JOHNSON, PERSICO, 
   KLINGLER, KRAUSE, POE, MITCHELL,JERRY, MEYER, 
   TURNER,JOHN, STEPHENS, COULSON, HULTGREN, BIGGINS, 
   MITCHELL,BILL, BERNS AND REITZ.

Short description: 
PROP TAX-SR CITZN ASSESS FREEZ                                             

Synopsis of Bill as introduced:
        Amends the Senior Citizens Assessment Freeze Homestead  Exemption      
   provisions  in  the Property Tax Code.  Increases the annual household      
   income eligibility level beginning with taxable year 2001  to  $50,000      
   or  less  (now,  $40,000  or  less).   Provides  that beginning in the      
   taxable year 2002, the household income limitation for  the  exemption      
   shall  be  subject  to  annual  adjustments equal to the percentage of      
   increase in the previous year for the Consumer Price  Index  published      
   by  the federal Department of Labor. 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.                                               
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status