IL SB2964 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on December 15 2021 - 25% progression, died in committee
Action: 2022-01-19 - Added as Chief Co-Sponsor Sen. Julie A. Morrison
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. Provides that, for the purposes of the senior citizens assessment freeze homestead exemption, "income" does not include any required minimum distribution from an individual retirement annuity. Effective immediately.

Tracking Information

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Title

PROP TAX-SENIOR FREEZE-INCOME

Sponsors


History

DateChamberAction
2022-01-19SenateAdded as Chief Co-Sponsor Sen. Julie A. Morrison
2021-12-15SenateReferred to Assignments
2021-12-15SenateFirst Reading
2021-12-15SenateFiled with Secretary by Sen. Laura M. Murphy

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520015-172Amended CodeCitation Text

Illinois State Sources


Bill Comments

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