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<xml>
<title>Illinois General Assembly - Bill Status for HB 737    </title>
<shortdesc>PROP TX-SR FREEZE EXEMPTION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Robert F. Flider, Karen May and Susana A Mendoza</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-172</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that for taxable years 2007 and thereafter, the amount of the Senior Citizens Assessment Freeze Homestead Exemption is the equalized assessed value of the residence in the taxable year for which application is made minus the base amount (now, the amount of the exemption is reduced based upon the taxpayer's household income). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2007</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Robert F. Flider</action>
<statusdate>2/7/2007</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/7/2007</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/15/2007</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/6/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Karen May</action>
<statusdate>3/6/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Susana A Mendoza</action>
<statusdate>3/23/2007</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

