IL HB5008 | 2015-2016 | 99th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 8 2016 - 25% progression, died in committee
Action: 2016-02-08 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 8 2016 - 25% progression, died in committee
Action: 2016-02-08 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Beginning in taxable year 2017, increases the maximum income limitation under the Senior Citizens Assessment Freeze Homestead Exemption from $55,000 to $75,000 for applicants who have occupied the residence for 5 years or more. Indexes the maximum income limitation to the Consumer Price Index. Effective immediately.
Title
PROP TX-SENIOR FREEZE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-08 | House | Referred to Rules Committee |
| 2016-02-08 | House | First Reading |
| 2016-02-08 | House | Filed with the Clerk by Rep. Christine Winger |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 200 | 15-172 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5008&GAID=13&DocTypeID=HB&SessionID=88&GA=99 |
| Text | https://www.ilga.gov/legislation/99/HB/09900HB5008.htm |
