Illinois Code | Chapter 35 Article 200 Section 15-177

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ILSB2845Intro
25%		Amends the Property Tax Code. Provides that, for the purpose of calculating the long-time occupant homestead exemption, the adjusted homestead value shall be calculated by increasing the base homestead value by (i) 5% (currently, 10%) for qualified t...
[Detail][Text][Discuss]		2024-05-03
To Senate Assignments Committee
ILHB2583Intro
25%		Amends the Property Tax Code. Provides that the long-time occupant homestead exemption applies in all counties beginning in taxable year 2023. Effective immediately.
[Detail][Text][Discuss]		2024-04-05
To House Rules Committee
ILHB3070Intro
25%		Amends the Property Tax Code. In provisions concerning the long-time occupant homestead exemption, provides that for tax year 2024 and thereafter, the exemption applies to qualified taxpayers with a household income of $85,000 or less and is based on...
[Detail][Text][Discuss]		2024-04-05
To House Rules Committee
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