Illinois General Assembly - Bill Status for HB4908
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 Bill Status of HB4908  101st General Assembly


Short Description:  PROP TX-HOMESTEAD EXEMPTIONS

House Sponsors
Rep. Timothy L. Schmitz - Sidney H. Mathias - Dennis M. Reboletti, Rosemary Mulligan and Mike Boland

Last Action
DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/15-7 new


Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/13/2008HouseFiled with the Clerk by Rep. Timothy L. Schmitz
  2/13/2008HouseFirst Reading
  2/13/2008HouseReferred to Rules Committee
  2/20/2008HouseAssigned to Revenue Committee
  2/21/2008HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
  3/14/2008HouseRule 19(a) / Re-referred to Rules Committee
  3/20/2008HouseAdded Chief Co-Sponsor Rep. Dennis M. Reboletti
  3/28/2008HouseAdded Co-Sponsor Rep. Rosemary Mulligan
  4/8/2008HouseAdded Co-Sponsor Rep. Mike Boland
  1/13/2009HouseSession Sine Die

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