IL HB1377 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 13-0)
Status: Engrossed on April 15 2024 - 50% progression
Action: 2024-04-24 - Assigned to Revenue
Pending: Senate Revenue Committee
Hearing: May 1 @ 4:30 pm in Room 400
Text: Latest bill text (Engrossed) [HTML]
Status: Engrossed on April 15 2024 - 50% progression
Action: 2024-04-24 - Assigned to Revenue
Pending: Senate Revenue Committee
Hearing: May 1 @ 4:30 pm in Room 400
Text: Latest bill text (Engrossed) [HTML]
Summary
Amends the Property Tax Code. Creates a homestead exemption for eligible property that contains a single family residence that was built no earlier than January 1, 2021 by a municipality and was sold to a private homeowner before January 1, 2035. Provides that the exemption applies for a 10-year period beginning with the tax year following the year in which the property is first sold by the municipality to a private homeowner. Sets forth the amount of the exemption. Effective immediately.
Title
PROP TX-NEW RESIDENTIAL
Sponsors
Roll Calls
2024-04-15 - House - Third Reading in House (Y: 106 N: 1 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-24 | Senate | Assigned to Revenue |
| 2024-04-16 | Senate | Referred to Assignments |
| 2024-04-16 | Senate | First Reading |
| 2024-04-16 | Senate | Chief Senate Sponsor Sen. Don Harmon |
| 2024-04-16 | Senate | Placed on Calendar Order of First Reading |
| 2024-04-16 | Senate | Arrive in Senate |
| 2024-04-15 | House | Third Reading - Short Debate - Passed 106-001-000 |
| 2024-04-15 | House | Added Co-Sponsor Rep. Elizabeth "Lisa" Hernandez |
| 2024-04-10 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2024-04-10 | House | Second Reading - Short Debate |
| 2024-04-04 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2024-04-04 | House | House Committee Amendment No. 1 Tabled |
| 2024-04-04 | House | Do Pass as Amended / Short Debate Revenue & Finance Committee; 015-001-001 |
| 2024-04-04 | House | House Committee Amendment No. 2 Adopted in Revenue & Finance Committee; by Voice Vote |
| 2024-04-04 | House | Reported Back To Revenue & Finance Committee; |
| 2024-04-04 | House | Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 005-000-000 |
| 2024-04-02 | House | House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee |
| 2024-04-02 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee |
| 2024-03-27 | House | House Committee Amendment No. 2 Referred to Rules Committee |
| 2024-03-27 | House | House Committee Amendment No. 2 Filed with Clerk by Rep. Norma Hernandez |
| 2024-03-27 | House | House Committee Amendment No. 1 Referred to Rules Committee |
| 2024-03-27 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Norma Hernandez |
| 2024-03-08 | House | To Revenue - Property Tax Subcommittee |
| 2024-02-22 | House | Added Co-Sponsor Rep. Eva-Dina Delgado |
| 2024-01-31 | House | Assigned to Revenue & Finance Committee |
| 2023-03-24 | House | Added Co-Sponsor Rep. Maurice A. West, II |
| 2023-03-22 | House | Chief Co-Sponsor Changed to Rep. Lilian Jiménez |
| 2023-03-22 | House | Chief Co-Sponsor Changed to Rep. Kevin John Olickal |
| 2023-03-22 | House | Chief Co-Sponsor Changed to Rep. Edgar Gonzalez, Jr. |
| 2023-03-22 | House | Added Chief Co-Sponsor Rep. Edgar Gonzalez, Jr. |
| 2023-03-22 | House | Added Chief Co-Sponsor Rep. Lilian Jiménez |
| 2023-03-22 | House | Added Chief Co-Sponsor Rep. Kevin John Olickal |
| 2023-03-15 | House | Added Chief Co-Sponsor Rep. Emanuel "Chris" Welch |
| 2023-03-14 | House | Removed Co-Sponsor Rep. Edgar Gonzalez, Jr. |
| 2023-03-14 | House | Added Co-Sponsor Rep. Edgar Gonzalez, Jr. |
| 2023-03-10 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2023-03-09 | House | To Revenue - Property Tax Subcommittee |
| 2023-03-02 | House | Removed Co-Sponsor Rep. Lilian Jiménez |
| 2023-03-02 | House | Added Co-Sponsor Rep. Aaron M. Ortiz |
| 2023-03-02 | House | Added Co-Sponsor Rep. Hoan Huynh |
| 2023-03-02 | House | Added Co-Sponsor Rep. Barbara Hernandez |
| 2023-03-02 | House | Added Co-Sponsor Rep. Lilian Jiménez |
| 2023-03-02 | House | Added Co-Sponsor Rep. Jonathan Carroll |
| 2023-02-28 | House | Assigned to Revenue & Finance Committee |
| 2023-01-31 | House | Referred to Rules Committee |
| 2023-01-31 | House | First Reading |
| 2023-01-24 | House | Filed with the Clerk by Rep. Norma Hernandez |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 200 | 15-179 | New Code | See Bill Text |
| 35 | 200 | 9-275 | Amended Code | Citation Text |
