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<xml>
<title>Illinois General Assembly - Bill Status for HB 4908   </title>
<shortdesc>PROP TX-HOMESTEAD EXEMPTIONS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Timothy L. Schmitz-Sidney H. Mathias-Dennis M. Reboletti, Rosemary Mulligan and Mike Boland</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-7 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that, beginning with the 2009 assessment year and unless otherwise stated, the maximum amount of each homestead exemption is increased over the maximum amount of that exemption for the prior year by an amount equal to the annual rate of increase, for the previous calendar year, of the Consumer Price Index for All Urban Consumers for all items, published by the United States Bureau of Labor Statistics. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/13/2008</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Timothy L. Schmitz</action>
<statusdate>2/13/2008</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/13/2008</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/20/2008</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>2/21/2008</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>3/14/2008</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/20/2008</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Dennis M. Reboletti</action>
<statusdate>3/28/2008</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Rosemary Mulligan</action>
<statusdate>4/8/2008</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mike Boland</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

