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]

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.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

PROP TX-SENIOR OCCUPANT

Sponsors


History

DateChamberAction
2016-05-04HouseAdded Co-Sponsor Rep. Deb Conroy
2016-05-04HouseAdded Co-Sponsor Rep. Kathleen Willis
2016-05-03HouseAdded Co-Sponsor Rep. Litesa E. Wallace
2016-05-03HouseAdded Co-Sponsor Rep. Martin J. Moylan
2016-05-03HouseAdded Co-Sponsor Rep. Brandon W. Phelps
2016-05-03HouseAdded Co-Sponsor Rep. Sam Yingling
2016-05-03HouseAdded Co-Sponsor Rep. Michelle Mussman
2016-04-08HouseRule 19(a) / Re-referred to Rules Committee
2016-02-24HouseTo Property Tax Subcommittee
2016-02-04HouseAssigned to Revenue & Finance Committee
2015-09-18HouseReferred to Rules Committee
2015-09-18HouseFirst Reading
2015-09-09HouseFiled with the Clerk by Rep. Jack D. Franks

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520018-45Amended CodeCitation Text

Illinois State Sources


Bill Comments

feedback