Bill Title: Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that the rate of interest for taxes deferred on or after the effective date is equal to the most recent yield on a 30-year treasury bond as of the date the taxes were deferred, but not to exceed 6% per year (currently, the rate is 6% per year). Effective immediately.

Sponsorship: Partisan Bill (Democrat 5)

Status: (Introduced - Dead) 2015-03-31 - Added Co-Sponsor Rep. Linda Chapa LaVia [HB1439 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2015-02-05	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB1439

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB1439 currently on file.