SB 2842

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

Prop Tx-Exemptions

Abstract

Amends the Property Tax Code. Creates an assessment freeze homestead exemption for persons receiving federal Supplemental Security Income. Provides that, for taxable years 2018 and thereafter, the maximum reduction under the senior citizens homestead exemption is $9,000 in counties with 3,000,000 or more inhabitants and $6,000 in all other counties. Provides that, for taxable years 2018 and thereafter, the maximum reduction under the general homestead exemption is $12,000 in counties with 3,000,000 or more inhabitants and $8,000 in all other counties. Effective immediately.

Bill Sponsors (1)

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Jan 09, 2019

Senate

Session Sine Die

Jan 04, 2019

Senate

Chief Sponsor Changed to Sen. John J. Cullerton

Apr 27, 2018

Senate

Rule 3-9(a) / Re-referred to Assignments

Apr 13, 2018

Senate

Rule 2-10 Committee Deadline Established As April 27, 2018

Feb 21, 2018

Senate

Assigned to Revenue

Feb 13, 2018

Senate

Filed with Secretary by Sen. Ira I. Silverstein

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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