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<xml>
<title>Illinois General Assembly - Bill Status for SB 2974   </title>
<shortdesc>PROP TX-EXEMPTIONS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Don Harmon-Edward D. Maloney-Jacqueline Y. Collins</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-172</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.28 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Senior Citizens Assessment Freeze Homestead Exemption provisions of the Property Tax Code. Increases the ceiling for household income eligibility, for taxable years 2004 and thereafter, from $40,000 per year to $44,000 per year. Sets forth the amount of the exemption for which an applicant is eligible to receive based upon the applicant's household income. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<SynopsisText>Makes a technical change in the provision setting forth the amount of the exemption beginning in taxable year 2004.</SynopsisText></synopsis>
<actions>
<statusdate>2/6/2004</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Don Harmon</action>
<statusdate>2/6/2004</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/6/2004</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/10/2004</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>2/19/2004</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Edward D. Maloney</action>
<statusdate>2/19/2004</statusdate><chamber>Senate</chamber><action>To Subcommittee</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Do Pass Revenue;  010-000-000</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 2, 2004</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins</action>
<statusdate>3/23/2004</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Don Harmon</action>
<statusdate>3/23/2004</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Rules</action>
<statusdate>3/23/2004</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Be Approved for Consideration Rules</action>
<statusdate>3/24/2004</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/24/2004</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Harmon</action>
<statusdate>3/24/2004</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 25, 2004</action>
<statusdate>3/24/2004</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. Todd Sieben</action>
<statusdate>3/24/2004</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Rules</action>
<statusdate>3/26/2004</statusdate><chamber>Senate</chamber><action>Third Reading Deadline Extended - Rule 2-10(e),  January 11, 2005.</action>
<statusdate>8/24/2004</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Rules</action>
<statusdate>8/24/2004</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)</action>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

