Norma Hernandez
- Democratic
- Representative
- District 77
Primary
Amends the Property Tax Code. Creates a residential new construction homestead exemption. Provides that the county board of a county with more than 3,000,000 inhabitants, or any other county that elects to be a qualified county, may designate one or more geographic areas within the county as eligible areas. Sets forth certain requirements for an area to be designated as an eligible area. Provides that newly constructed homestead property that is located in an eligible area is entitled to a residential new construction homestead exemption equal to 50% of the assessed value of the property in the current taxable year. Provides that the exemption shall continue for a period of 10 consecutive taxable years or until the property is sold, transferred, or conveyed to a subsequent owner (other than a subsequent owner that meets certain specified conditions), whichever is earlier. Effective immediately.
Public Act . . . . . . . . . 103-0793
Effective Date August 9, 2024
Governor Approved
Sent to the Governor
Alternate Chief Sponsor Changed to Sen. Kimberly A. Lightford
Passed Both Houses
Third Reading - Passed; 059-000-000
Added as Alternate Co-Sponsor Sen. Lakesia Collins
Rule 2-10 Third Reading/Passage Deadline Established As May 24, 2024
Second Reading
Placed on Calendar Order of 3rd Reading
Placed on Calendar Order of 2nd Reading May 7, 2024
Do Pass Revenue; 007-000-000
Rule 2-10 Committee Deadline Established As May 10, 2024
Assigned to Revenue
Chief Senate Sponsor Sen. Don Harmon
Referred to Assignments
First Reading
Placed on Calendar Order of First Reading
Arrive in Senate
Added Co-Sponsor Rep. Elizabeth "Lisa" Hernandez
Third Reading - Short Debate - Passed 106-001-000
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 005-000-000
Placed on Calendar 2nd Reading - Short Debate
House Committee Amendment No. 1 Tabled
Do Pass as Amended / Short Debate Revenue & Finance Committee; 015-001-001
House Committee Amendment No. 2 Adopted in Revenue & Finance Committee; by Voice Vote
Reported Back To Revenue & Finance Committee;
House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
House Committee Amendment No. 2 Referred to Rules Committee
House Committee Amendment No. 2 Filed with Clerk by Rep. Norma Hernandez
House Committee Amendment No. 1 Referred to Rules Committee
House Committee Amendment No. 1 Filed with Clerk by Rep. Norma Hernandez
To Revenue - Property Tax Subcommittee
Added Co-Sponsor Rep. Eva-Dina Delgado
Assigned to Revenue & Finance Committee
Added Co-Sponsor Rep. Maurice A. West, II
Added Chief Co-Sponsor Rep. Kevin John Olickal
Chief Co-Sponsor Changed to Rep. Lilian Jiménez
Chief Co-Sponsor Changed to Rep. Kevin John Olickal
Chief Co-Sponsor Changed to Rep. Edgar González, Jr.
Added Chief Co-Sponsor Rep. Edgar González, Jr.
Added Chief Co-Sponsor Rep. Lilian Jiménez
Added Chief Co-Sponsor Rep. Emanuel "Chris" Welch
Removed Co-Sponsor Rep. Edgar González, Jr.
Added Co-Sponsor Rep. Edgar González, Jr.
Rule 19(a) / Re-referred to Rules Committee
To Revenue - Property Tax Subcommittee
Added Co-Sponsor Rep. Jonathan Carroll
Removed Co-Sponsor Rep. Lilian Jiménez
Added Co-Sponsor Rep. Aarón M. Ortíz
Added Co-Sponsor Rep. Hoan Huynh
Added Co-Sponsor Rep. Barbara Hernández
Added Co-Sponsor Rep. Lilian Jiménez
Assigned to Revenue & Finance Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Norma Hernandez
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Engrossed | HTML PDF |
| Enrolled | HTML PDF |
| House Amendment 001 | HTML PDF |
| House Amendment 002 | HTML PDF |
| Document | Format |
|---|---|
| Public Act |
Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.