<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 653    </title>
<shortdesc>PROPERTY TAX-SENIOR EXEMPTION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jack D. Franks-Michael Tryon-Mark H. Beaubien, Jr.-Sidney H. Mathias-Linda Chapa LaVia, Robert F. Flider, Mike Boland, Daniel V. Beiser, Karen A. Yarbrough, Michael K. Smith and John D'Amico</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-172</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.29 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that for purposes of the senior citizens assessment freeze homestead exemption eligibility threshold, "income" is defined to mean adjusted gross income, properly reportable for federal income tax purposes (now, federal adjusted gross income plus various additions for payments made or moneys received during the taxable year, including interest or dividend income, state income tax payments, annuity income, social security payments, railroad retirement payments, public assistance payments, and a deduction carried over from a prior year for a net operating or capital loss). Amends the Senior Citizens Assessment Freeze Homestead Exemption provision and the State Mandates Act to require implementation without reimbursement from the State. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/28/2005</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jack D. Franks</action>
<statusdate>1/31/2005</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/31/2005</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/2/2005</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Michael Tryon</action>
<statusdate>2/2/2005</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Mark H. Beaubien, Jr.</action>
<statusdate>2/3/2005</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>2/3/2005</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Linda Chapa LaVia</action>
<statusdate>2/3/2005</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>2/10/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Robert F. Flider</action>
<statusdate>2/15/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mike Boland</action>
<statusdate>2/16/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Daniel V. Beiser</action>
<statusdate>3/2/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Karen A. Yarbrough</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/16/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael K. Smith</action>
<statusdate>3/16/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. John D'Amico</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

