HB 3057

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

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Abstract

Amends the Property Tax Code. Creates a school tax reduction homestead exemption. Provides that, for the purpose of calculating taxes levied by a school district, there shall be a reduction from the equalized assessed value of qualified homestead property equal to the exempt amount. Sets forth the calculation of the exempt amount. Provides that "qualified homestead property" means homestead property owned by persons with a household income of less than $500,000 per year.

Bill Sponsors (1)

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Feb 21, 2019

House

Motion Prevailed

House

Tabled

Feb 15, 2019

House

Filed with the Clerk by Rep. Sonya M. Harper

House

First Reading

House

Referred to Rules Committee

House

Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Sonya M. Harper

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