SB0812 97TH GENERAL ASSEMBLY


 


 
97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB0812

 

Introduced 2/8/2011, by Sen. John J. Cullerton

 

SYNOPSIS AS INTRODUCED:
 
320 ILCS 25/3.11  from Ch. 67 1/2, par. 403.11

    Amends the Senior Citizens and Disabled Persons Property Tax Relief and Pharmaceutical Assistance Act. Makes a technical change in a Section concerning the definition of "rent constituting property taxes accrued".


LRB097 04547 KTG 44586 b

 

 

A BILL FOR

 

SB0812LRB097 04547 KTG 44586 b

1    AN ACT concerning aging.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Senior Citizens and Disabled Persons
5Property Tax Relief and Pharmaceutical Assistance Act is
6amended by changing Section 3.11 as follows:
 
7    (320 ILCS 25/3.11)  (from Ch. 67 1/2, par. 403.11)
8    Sec. 3.11. "Rent constituting property taxes accrued"
9means 25% of the the amount of gross rent paid in a taxable
10year for a residence which was subject to ad valorem property
11taxes in that year under the Property Tax Code.
12(Source: P.A. 87-860; 88-670, eff. 12-2-94.)