SB 2032

  • Illinois Senate Bill
  • 96th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Prop Tax-Senior Freeze

Abstract

Amends the Property Tax Code. Provides that the county clerk shall abate the taxes imposed on property that qualifies for the senior citizens assessment freeze homestead exemption under Section 15-172, in an amount equal to 50% of the taxes attributable to the first $200,000 market value of the residence. Provides that the State shall reimburse each taxing district for the lost revenue. Effective immediately.

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Jan 12, 2011

Senate

Session Sine Die

Mar 13, 2009

Senate

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

Mar 12, 2009

Senate

To Revenue Subcommittee on Property Taxes

Mar 04, 2009

Senate

Assigned to Revenue

Feb 20, 2009

Senate

Filed with Secretary by Sen. Chris Lauzen

Senate

Referred to Assignments

Senate

First Reading

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