IL SB0244 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 31 2023 - 25% progression
Action: 2023-03-31 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Code of Civil Procedure. Provides that every individual is entitled to an estate of homestead to the extent in value of $30,000 of his or her interest in a farm or lot of land and buildings thereon, a condominium, or personal property, owned or rightly possessed by lease or otherwise and occupied by him or her as a residence, or in a cooperative that owns property that the individual uses as a residence, or $60,000 if the homestead is owned by 2 or more individuals. Makes conforming changes.

Tracking Information

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Title

HOMESTEAD EXEMPTIONS

Sponsors


History

DateChamberAction
2023-03-31SenateRule 3-9(a) / Re-referred to Assignments
2023-03-08SenatePlaced on Calendar Order of 2nd Reading March 9, 2023
2023-03-08SenateDo Pass Judiciary; 008-000-000
2023-02-15SenatePostponed - Judiciary
2023-02-07SenateAssigned to Judiciary
2023-01-31SenateReferred to Assignments
2023-01-31SenateFirst Reading
2023-01-31SenateFiled with Secretary by Sen. Karina Villa

Code Citations

ChapterArticleSectionCitation TypeStatute Text
735512-901Amended CodeCitation Text
735512-904Amended CodeCitation Text
735512-906Amended CodeCitation Text
735512-909Amended CodeCitation Text
735512-910Amended CodeCitation Text
735512-911Amended CodeCitation Text
735512-912Amended CodeCitation Text
73552-1402Amended CodeCitation Text

Illinois State Sources


Bill Comments

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