Bill Text: IL HB5833 | 2011-2012 | 97th General Assembly | Introduced
Bill Title: Amends the Property Tax Code. Requires the county clerk to abate the taxes levied by a school district on each parcel of qualified homestead property that is owned by a taxpayer who is 65 years of age or older and who had an annual household income of $35,000 or less for the previous taxable year. Amends the School Code. Subject to appropriation, requires the State Board of Education to reimburse each school district for any revenue lost due to the property tax abatement. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Sponsorship: Partisan Bill (Republican 1)
Status: (Failed) 2013-01-08 - Session Sine Die [HB5833 Detail]
Download: Illinois-2011-HB5833-Introduced.html
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| 1 | AN ACT concerning revenue.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Property Tax Code is amended by adding | ||||||||||||||||||||||||||||
| 5 | Section 18-179 as follows:
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| 6 | (35 ILCS 200/18-179 new) | ||||||||||||||||||||||||||||
| 7 | Sec. 18-179. Abatement of school district taxes for | ||||||||||||||||||||||||||||
| 8 | eligible senior citizens. | ||||||||||||||||||||||||||||
| 9 | (a) The county clerk shall abate the taxes levied by a | ||||||||||||||||||||||||||||
| 10 | school district on each parcel of qualified homestead property
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| 11 | that is owned
by an eligible senior citizen. | ||||||||||||||||||||||||||||
| 12 | (b) The county clerk shall establish a procedure for | ||||||||||||||||||||||||||||
| 13 | eligible senior citizens to apply for this abatement. | ||||||||||||||||||||||||||||
| 14 | (c) As used in this Section: | ||||||||||||||||||||||||||||
| 15 | "Eligible senior citizen" means a taxpayer who is 65 years | ||||||||||||||||||||||||||||
| 16 | of age or older and who had an annual household income of | ||||||||||||||||||||||||||||
| 17 | $35,000 or less for the previous taxable year. | ||||||||||||||||||||||||||||
| 18 | "Qualified homestead property" means a parcel of real | ||||||||||||||||||||||||||||
| 19 | property that: | ||||||||||||||||||||||||||||
| 20 | (1) is occupied by not more than 2 families; and | ||||||||||||||||||||||||||||
| 21 | (2) is used as the
principal residence by an eligible | ||||||||||||||||||||||||||||
| 22 | senior citizen. | ||||||||||||||||||||||||||||
| 23 | "Annual household income" has the meaning set forth under | ||||||||||||||||||||||||||||
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| 1 | Section 15-172.
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| 2 | Section 10. The School Code is amended by adding Section | ||||||
| 3 | 2-3.156 as follows:
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| 4 | (105 ILCS 5/2-3.156 new) | ||||||
| 5 | Sec. 2-3.156. Tax abatement reimbursements. The Board | ||||||
| 6 | shall, subject to appropriation, reimburse each school | ||||||
| 7 | district for any revenue lost due to the property tax abatement | ||||||
| 8 | under Section 18-179 of the Property Tax Code.
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| 9 | Section 90. The State Mandates Act is amended by adding | ||||||
| 10 | Section 8.36 as follows:
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| 11 | (30 ILCS 805/8.36 new) | ||||||
| 12 | Sec. 8.36. Exempt mandate. Notwithstanding Sections 6 and 8 | ||||||
| 13 | of this Act, no reimbursement by the State is required for the | ||||||
| 14 | implementation of any mandate created by this amendatory Act of | ||||||
| 15 | the 97th General Assembly.
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| 16 | Section 99. Effective date. This Act takes effect upon | ||||||
| 17 | becoming law.
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