SB 68

  • Illinois Senate Bill
  • 93rd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Property Tax-Homestead Exmptn

Abstract

Amends the Property Tax Code. Provides that for taxable year 2003 and each taxable year thereafter the maximum reduction in the equalized assessed value of homestead property (the general homestead exemption) shall be $13,500 (now, $4,500) in counties with 3,000,000 or more inhabitants and $10,500 (now $3,500) in all other counties. Effective immediately.

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Jan 11, 2005

Senate

Session Sine Die

Jan 22, 2003

Senate

Filed with Secretary by Sen. Larry K. Bomke

Senate

First Reading

Senate

Referred to Rules

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