HB 5437

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

Prop Tx-Senior Freeze Transfer

Abstract

Amends the Property Tax Code. Provides that, if a person who qualifies for a senior citizens assessment freeze homestead exemption relocates from one residence in this State to another residence in this State, and the person continues to qualify for the exemption, then the exemption amount for the new residence may not be less than the exemption amount for the previous residence for the last full assessment year in which the qualifying individual occupied the previous residence. Effective immediately.

Bill Sponsors (6)

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Feb 18, 2020

House

First Reading

House

Referred to Rules Committee

Feb 14, 2020

House

Chief Co-Sponsor Rep. Joe Sosnowski

House

Chief Co-Sponsor Rep. Amy Grant

House

Filed with the Clerk by Rep. Grant Wehrli

House

Co-Sponsor Rep. Tom Weber

House

Co-Sponsor Rep. Lindsay Parkhurst

House

Chief Co-Sponsor Rep. Deanne M. Mazzochi

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