HB 143

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Senior Tax Deferral

Abstract

Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that the income limitation under the Act is $65,000 beginning tax year 2021 (currently, $55,000). Provides that, beginning with the 2021 tax year, the total amount of any such deferral shall not exceed $12,000 per taxpayer in each tax year and the interest shall accrue at the rate of 2% (currently, 6%). Effective immediately.

Bill Sponsors (7)

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Actions


Jan 10, 2023

House

Session Sine Die

Mar 27, 2021

House

House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

House

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

Mar 11, 2021

House

House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee

Mar 10, 2021

House

Added Co-Sponsor Rep. Rita Mayfield

Mar 09, 2021

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Debbie Meyers-Martin

House

House Committee Amendment No. 1 Referred to Rules Committee

Mar 04, 2021

House

To Property Tax Subcommittee

Mar 03, 2021

House

Added Co-Sponsor Rep. Katie Stuart

Feb 23, 2021

House

Assigned to Revenue & Finance Committee

Feb 12, 2021

House

Added Co-Sponsor Rep. Will Guzzardi

Feb 08, 2021

House

Added Co-Sponsor Rep. La Shawn K. Ford

Feb 06, 2021

House

Added Chief Co-Sponsor Rep. Lindsey LaPointe

House

Added Co-Sponsor Rep. LaToya Greenwood

Jan 14, 2021

House

First Reading

House

Referred to Rules Committee

Jan 13, 2021

House

Filed with the Clerk by Rep. Debbie Meyers-Martin

Bill Text

Bill Text Versions Format
Introduced HTML PDF
House Amendment 001 HTML PDF

Related Documents

Document Format
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Sources

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