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<xml>
<title>Illinois General Assembly - Bill Status for HB 418    </title>
<shortdesc>PROP TX-HOMESTEAD EXEMPTIONS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Carolyn H. Krause-Paul D. Froehlich-Michael P. McAuliffe-Elizabeth Coulson-Sidney H. Mathias, Suzanne Bassi, Jim Durkin, Harry Osterman, John A. Fritchey, Kevin Joyce, Sara Feigenholtz and Rosemary Mulligan</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-176</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.31 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. In a Section concerning the alternative general homestead exemption, extends the option for a county to be subject to the alternative exemption by an additional 3 years. Provides that the base year for counties other than Cook County is the 2005 or 2006 tax year. Provides that the maximum amount of the exemption is $40,000 if the general assessment year for the property is 2006 or later. Sets forth requirements for a county to elect or continue to operate under the provisions of the alternative general homestead exemption. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately</SynopsisText></synopsis>
<actions>
<statusdate>1/25/2007</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Carolyn H. Krause</action>
<statusdate>1/25/2007</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Paul D. Froehlich</action>
<statusdate>1/25/2007</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Michael P. McAuliffe</action>
<statusdate>1/25/2007</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Elizabeth Coulson</action>
<statusdate>1/25/2007</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>1/25/2007</statusdate><chamber>House</chamber><action>Co-Sponsor Rep. Suzanne Bassi</action>
<statusdate>1/25/2007</statusdate><chamber>House</chamber><action>Co-Sponsor Rep. Jim Durkin</action>
<statusdate>1/26/2007</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/26/2007</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/31/2007</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>2/7/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Harry Osterman</action>
<statusdate>2/7/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. John A. Fritchey</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kevin Joyce</action>
<statusdate>3/14/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sara Feigenholtz</action>
<statusdate>3/23/2007</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>10/30/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Rosemary Mulligan</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

