IL HB3057 | 2019-2020 | 101st General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 15 2019 - 25% progression, died in chamber
Action: 2019-02-21 - Tabled
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 15 2019 - 25% progression, died in chamber
Action: 2019-02-21 - Tabled
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Creates a school tax reduction homestead exemption. Provides that, for the purpose of calculating taxes levied by a school district, there shall be a reduction from the equalized assessed value of qualified homestead property equal to the exempt amount. Sets forth the calculation of the exempt amount. Provides that "qualified homestead property" means homestead property owned by persons with a household income of less than $500,000 per year.
Title
PROP TX-STAR CREDIT
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-02-21 | House | Tabled |
2019-02-21 | House | Motion Prevailed |
2019-02-15 | House | Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Sonya M. Harper |
2019-02-15 | House | Referred to Rules Committee |
2019-02-15 | House | First Reading |
2019-02-15 | House | Filed with the Clerk by Rep. Sonya M. Harper |
Code Citations
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3057&GAID=15&DocTypeID=HB&SessionID=108&GA=101 |
Text | https://www.ilga.gov/legislation/101/HB/10100HB3057.htm |