HB 1254

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-Senior Exemption

Abstract

Amends the Property Tax Code. Provides that the total property tax bill for any property receiving the senior citizens homestead exemption may not exceed 101% of the tax bill for the immediately preceding taxable year, unless the increase is due to improvements to the property that increased the property's fair market value in the applicable tax year.

Bill Sponsors (7)

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Actions


Apr 05, 2024

House

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

Mar 08, 2024

House

To Revenue - Property Tax Subcommittee

Feb 28, 2024

House

Assigned to Revenue & Finance Committee

Nov 08, 2023

House

Added Co-Sponsor Rep. Tom Weber

House

Added Co-Sponsor Rep. Dave Severin

Aug 08, 2023

House

Added Co-Sponsor Rep. Norine K. Hammond

Jun 22, 2023

House

Added Co-Sponsor Rep. Dan Swanson

May 09, 2023

House

Added Co-Sponsor Rep. Tony M. McCombie

Jan 31, 2023

House

Referred to Rules Committee

House

First Reading

Jan 19, 2023

House

Added Co-Sponsor Rep. Travis Weaver

Jan 18, 2023

House

Filed with the Clerk by Rep. Joe C. Sosnowski

Bill Text

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Related Documents

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Sources

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