Bill Title: Amends the Property Tax Code. Beginning in taxable year 2014, increases the maximum income limitation under the Senior Citizens Assessment Freeze Homestead Exemption from $55,000 to $75,000 for applicants who have occupied the residence for 5 years or more. Indexes the maximum income limitation to the Consumer Price Index. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB4197 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2014-01-13	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB4197

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB4197 currently on file.

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