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 Bill Status of HB2666  100th General Assembly


Short Description:  PROP TX-VETERANS HOMESTEAD

House Sponsors
Rep. Rita Mayfield - David S. Olsen and Jerry Lee Long

Last Action
DateChamber Action
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 200/15-166 new
35 ILCS 200/15-167
35 ILCS 200/15-169


Synopsis As Introduced
Amends the Property Tax Code. Creates a veterans' standard homestead exemption. Provides that the exemption applies only for the first taxable year after the veteran acquires an ownership interest in the property. Provides that the amount of the exemption is a reduction from the property's equalized assessed value in the amount of: (1) $5,000 if the property has an equalized assessed value of $250,000 or less; or (2) $10,000 if the property has an equalized assessed value of more than $250,000. Effective immediately.

Actions 
DateChamber Action
  2/8/2017HouseFiled with the Clerk by Rep. Rita Mayfield
  2/8/2017HouseFirst Reading
  2/8/2017HouseReferred to Rules Committee
  2/14/2017HouseAdded Co-Sponsor Rep. Jerry Lee Long
  2/22/2017HouseAssigned to Revenue & Finance Committee
  2/23/2017HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Rita Mayfield
  2/23/2017HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  2/23/2017HouseAdded Chief Co-Sponsor Rep. David S. Olsen
  3/7/2017HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  3/9/2017HouseTo Property Tax Subcommittee
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee
  3/31/2017HouseHouse Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee

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