Bill Status of SB 72   93rd General Assembly

Short Description:  PROP TAX-SENIOR HOMESTD EXMPTN

Senate Sponsors
Sen. Bill Brady-Susan Garrett

Last Action  View All Actions

DateChamber Action
  1/11/2005SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/15-170
30 ILCS 805/8.2from Ch. 85, par. 2208.2

Synopsis As Introduced
Amends the senior citizens homestead exemption provisions in the Property Tax Code. Provides that beginning with assessment year 2003, for taxes payable in 2004, property that is first occupied as a residence after January 1 of any assessment year by a person who is eligible for the senior citizens homestead exemption must be granted a pro-rata exemption for the assessment year. The amount of the pro-rata exemption is the senior citizens homestead exemption allowed in the county divided by 365 and multiplied by the number of days during the year the property is occupied as a residence by a person eligible for the exemption. The chief county assessment officer must adopt reasonable procedures to establish eligibility for the pro-rata exemption. Amends the State Mandates Act to restate that the senior citizens homestead exemption is exempt from the requirements of the State Mandates Act and further amends the Property Tax Code to state that the senior citizens homestead exemption is exempt from the requirements of the State Mandates Act. Effective immediately.

Actions 
DateChamber Action
  1/22/2003SenateFiled with Secretary by Sen. Bill Brady
  1/22/2003SenateFirst Reading
  1/22/2003SenateReferred to Rules
  1/29/2003SenateAssigned to Revenue
  2/6/2003SenateAdded as Chief Co-Sponsor Sen. Susan Garrett
  2/27/2003SenatePostponed - Revenue
  3/13/2003SenatePostponed - Revenue
  3/14/2003SenateRule 3-9(a) / Re-referred to Rules
  1/11/2005SenateSession Sine Die

Back To Top