90th General Assembly
Status of HB1317
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KLINGLER.

   35 ILCS 5/208             from Ch. 120, par. 2-208                          

        Amends the Illinois Income Tax Act.  Provides that an  individual      
   taxpayer  who  is 65 years of age or older and has an annual household      
   income of $35,000 or less shall be entitled to a tax credit  equal  to      
   10% of the real property taxes paid by the taxpayer during the taxable      
   year on the principal residence of the taxpayer (now 5% for everyone).      
   Exempts the credit from the sunset provisions.  Effective immediately.      
        HOUSE AMENDMENT NO. 1.                                                 
        Provides that "household income" has the same meaning as  in  the      
   Senior  Citizens Assessment Freeze Homestead Exemption in the Property      
   Tax Code.                                                                   
   97-03-04  H  FIRST READING                                                  
   97-03-04  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   97-03-05  H       ASSIGNED TO COMMITTEE               REVENUE               
   97-03-21  H                             AMENDMENT NO. 01-REVENUE       H    
   97-03-21  H                                   ADOPTED                       
   97-03-21  H  DO PASS AMENDED/SHORT DEBATE             008-003-000   HREV    
   97-03-21  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   97-04-08  H  SECOND READING-SHORT DEBATE                                    
   97-04-08  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   97-04-25  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   99-01-12  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary