IL HB4290 | 2015-2016 | 99th General Assembly
Status
Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on September 9 2015 - 25% progression, died in committee
Action: 2016-05-04 - Added Co-Sponsor Rep. Deb Conroy
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on September 9 2015 - 25% progression, died in committee
Action: 2016-05-04 - Added Co-Sponsor Rep. Deb Conroy
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides that the aggregate rate of tax imposed by all taxing districts on any parcel of residential property that, as of January 1 of the levy year, has been occupied by a qualified taxpayer as his or her principal dwelling place for a period of at least 30 years shall not exceed 5%. Provides that the term "qualified taxpayer" means a person who (i) is 65 years of age or older during the taxable year, (ii) is liable for paying real estate taxes on the property, and (iii) is an owner of record of the property or has a legal or equitable interest therein as evidenced by a written instrument, except for a leasehold interest, other than a leasehold interest of land on which a single family residence is located. Contains provisions concerning applications for the reduction. Effective immediately.
Title
PROP TX-SENIOR OCCUPANT
Sponsors
Rep. Jack Franks [D] | Rep. Michelle Mussman [D] | Rep. Sam Yingling [D] | Rep. Brandon Phelps [D] |
Rep. Martin Moylan [D] | Rep. Litesa Wallace [D] | Rep. Kathleen Willis [D] | Rep. Deborah Conroy [D] |
History
Date | Chamber | Action |
---|---|---|
2016-05-04 | House | Added Co-Sponsor Rep. Deb Conroy |
2016-05-04 | House | Added Co-Sponsor Rep. Kathleen Willis |
2016-05-03 | House | Added Co-Sponsor Rep. Litesa E. Wallace |
2016-05-03 | House | Added Co-Sponsor Rep. Martin J. Moylan |
2016-05-03 | House | Added Co-Sponsor Rep. Brandon W. Phelps |
2016-05-03 | House | Added Co-Sponsor Rep. Sam Yingling |
2016-05-03 | House | Added Co-Sponsor Rep. Michelle Mussman |
2016-04-08 | House | Rule 19(a) / Re-referred to Rules Committee |
2016-02-24 | House | To Property Tax Subcommittee |
2016-02-04 | House | Assigned to Revenue & Finance Committee |
2015-09-18 | House | Referred to Rules Committee |
2015-09-18 | House | First Reading |
2015-09-09 | House | Filed with the Clerk by Rep. Jack D. Franks |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 200 | 18-45 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4290&GAID=13&DocTypeID=HB&SessionID=88&GA=99 |
Text | https://www.ilga.gov/legislation/99/HB/09900HB4290.htm |