HB 4695

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-Exemption Amount

Abstract

Amends the Property Tax Code. Provides that, for taxable years 2018 and thereafter: (1) the maximum reduction under the senior citizens homestead exemption is $8,000 in all counties (currently, $8,000 in counties with 3,000,000 or more inhabitants and $5,000 in all other counties); and (2) the maximum reduction under the general homestead exemption is $10,000 in all counties (currently, $10,000 in counties with 3,000,000 or more inhabitants and $6,000 in all other counties). Effective immediately.

Bill Sponsors (1)

Votes


No votes to display

Actions


Jan 08, 2019

House

Session Sine Die

Feb 13, 2018

House

First Reading

House

Referred to Rules Committee

Feb 08, 2018

House

Filed with the Clerk by Rep. David S. Olsen

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.