IL HB5824 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on October 24 2022 - 25% progression, died in committee
Action: 2022-12-15 - Added Co-Sponsor Rep. Andrew S. Chesney
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on October 24 2022 - 25% progression, died in committee
Action: 2022-12-15 - Added Co-Sponsor Rep. Andrew S. Chesney
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides that, for taxable year 2023, the maximum income limitation for the senior freeze shall be $73,700 for all qualified property (currently, $65,000). Provides that the maximum income limitation shall be adjusted each year according to the change in the Consumer Price Index for All Urban Consumers. Effective immediately.
Title
PROP TX-SENIOR FREEZE-CPI
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-12-15 | House | Added Co-Sponsor Rep. Andrew S. Chesney |
| 2022-11-17 | House | Added Chief Co-Sponsor Rep. Barbara Hernandez |
| 2022-11-16 | House | Referred to Rules Committee |
| 2022-11-16 | House | First Reading |
| 2022-10-24 | House | Filed with the Clerk by Rep. Keith R. Wheeler |
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=5824&GAID=16&DocTypeID=HB&SessionID=110&GA=102 |
| Text | https://www.ilga.gov/legislation/102/HB/10200HB5824.htm |
