IL HB5490 | 2011-2012 | 97th General Assembly
Status
January 8 2013 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. In a Section concerning the Senior Citizens Assessment Freeze Homestead Exemption, provides that, if an equalization factor of less than 1 is applied to the property for any taxable year, then the base amount shall be adjusted according to that equalization factor. Effective immediately.
Title
PROP TX-SENIOR FREEZE-EQUALIZE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-01-08 | House | Session Sine Die |
| 2012-03-09 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2012-02-21 | House | Assigned to Revenue & Finance Committee |
| 2012-02-15 | House | Referred to Rules Committee |
| 2012-02-15 | House | First Reading |
| 2012-02-14 | House | Added Chief Co-Sponsor Rep. Angelo Saviano |
| 2012-02-14 | House | Added Chief Co-Sponsor Rep. Randy Ramey, Jr. |
| 2012-02-10 | House | Filed with the Clerk by Rep. Dennis M. Reboletti |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 200 | 15-172 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | http://www.ilga.gov/legislation/BillStatus.asp?DocNum=5490&GAID=11&DocTypeID=HB&SessionID=84&GA=97 |
| Text | http://www.ilga.gov/legislation/97/HB/09700HB5490.htm |
