SB 3150

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

Prop Tx-Flood Hazard

Abstract

Amends the Property Tax Code. Creates a homestead exemption, subject to certain limitations, for property that is located within a special flood hazard area as identified by the Federal Emergency Management Agency. Provides that the amount of the exemption shall be a reduction in the property's equalized assessed value of $5,000. Effective immediately.

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May 03, 2024

Senate

Rule 3-9(a) / Re-referred to Assignments

Apr 05, 2024

Senate

Rule 2-10 Committee Deadline Established As May 3, 2024

Mar 15, 2024

Senate

Rule 2-10 Committee Deadline Established As April 5, 2024

Feb 14, 2024

Senate

Assigned to Revenue

Feb 06, 2024

Senate

Filed with Secretary by Sen. Steve Stadelman

Senate

Referred to Assignments

Senate

First Reading

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