Bill Title: Amends the Property Tax Code. In a Section concerning the Senior Citizens Homestead Exemption, provides that, for taxable years 2012 and thereafter, the maximum reduction is $5,000 in all counties. Provides that the maximum reduction under the General Homestead Exemption is $7,000 in Cook County and $6,000 in all other counties. Effective immediately.

Spectrum: Partisan Bill (Democrat 7-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB2928 Detail]

Text: Latest bill text (Introduced) [HTML]

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