HB 5425

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

Prop Tx-Seniors-Schools

Abstract

Amends the Property Tax Code. Creates a senior citizens homestead school levy exemption for property that is improved with a permanent structure that is occupied as a primary residence by an applicant who (i) is 65 years of age or older during the taxable year, (ii) has a household income that does not exceed the maximum income limitation, (iii) is liable for paying real property taxes on the property, (iv) is an owner of record of the property or has a legal or equitable interest in the property as evidenced by a written instrument, if no individual residing at the real property is or will be enrolled in a public school. Effective immediately.

Bill Sponsors (3)

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Actions


May 14, 2024

House

Added Co-Sponsor Rep. Nicole La Ha

Apr 19, 2024

House

Added Chief Co-Sponsor Rep. Patrick Sheehan

Apr 05, 2024

House

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

Mar 08, 2024

House

To Revenue - Property Tax Subcommittee

Mar 05, 2024

House

Assigned to Revenue & Finance Committee

Feb 09, 2024

House

Filed with the Clerk by Rep. Jennifer Sanalitro

House

Referred to Rules Committee

House

First Reading

Bill Text

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Sources

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