HB 5486

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

Civ Pro-Debtor Protection

Abstract

Amends the Code of Civil Procedure. Provides that every individual is entitled to an estate of homestead to the extent in value of $150,000 (instead of $15,000) of his or her interest in real property occupied by him or her as a residence. Provides that if 2 or more individuals own property that is exempt as a homestead, the value of the exemption of each individual may not exceed his or her proportionate share of $200,000 (instead of $30,000) based upon percentage of ownership. Effective immediately.

Bill Sponsors (1)

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Jan 08, 2019

House

Session Sine Die

Apr 13, 2018

House

Rule 19(a) / Re-referred to Rules Committee

Mar 23, 2018

House

To Civil Procedure Subcommittee

Mar 21, 2018

House

Assigned to Judiciary - Civil Committee

Mar 08, 2018

House

Chief Sponsor Changed to Rep. Barbara Flynn Currie

Feb 16, 2018

House

Filed with the Clerk by Rep. Will Guzzardi

House

Referred to Rules Committee

House

First Reading

Bill Text

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