<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4320   </title>
<shortdesc>PROP TAX-GENRL HOMESTD EXEMPTN</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. William B. Black-Mike Bost</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-175</reference><aliasreference></aliasreference><SynopsisText>     Amends the general homestead exemption provisions in the Property Tax Code. Provides that, for taxable years 2007 and thereafter, the maximum amount to be reduced from the assessed value of the property is $4,500 in all counties (now, $4,500 in counties with 3,000,000 or more inhabitants and $3,500 in all other counties).</SynopsisText></synopsis>
<actions>
<statusdate>2/2/2004</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. William B. Black</action>
<statusdate>2/2/2004</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Mike Bost</action>
<statusdate>2/2/2004</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/2/2004</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

