Senate Sponsors: LUECHTEFELD-WALSH,L-WELCH-BERMAN-DUDYCZ, PARKER, MAHAR, WALSH,T, BUTLER, BOMKE, MYERS,J, FITZGERALD AND SHAW. House Sponsors: MCCARTHY-REITZ-CROTTY-SCULLY-ACEVEDO Short description: SENIOR CITIZENS-PHARMACEUTICAL Synopsis of Bill as introduced: Amends the Property Tax Code. Makes a technical correction in the Section concerning the General Homestead Exemption. SENATE AMENDMENT NO. 1. Deletes reference to: 35 ILCS 200/15-175 Adds reference to: 35 ILCS 200/20-178 new Deletes everything. Amends the Property Tax Code. Provides that if a certificate of error is issued under the Code and the certificate of error certifies that the taxpayer is entitled to a refund for overpayment of taxes, the county collector shall refund the taxes to the taxpayer. Provides that the county collector shall pay the taxpayer interest on the amount of the refund at the rate of 1.5% per month from the date of the execution of the certificate of error by the chief county assessment officer to the date the refund is made. Provides that the county collector shall proportionately reduce the distribution of taxes collected for each taxing district in which the property is situated to cover the cost of interest. Effective immediately. SENATE AMENDMENT NO. 2. In the amendatory provision of the Property Tax Code concerning certificates of error, changes a cross-reference to correspond with the current provisions concerning certificates of error. HOUSE AMENDMENT NO. 1. Deletes reference to: 35 ILCS 200/20-178 new Adds reference to: 35 ILCS 200/19-60 Deletes everything. Amends the Property Tax Code concerning the bond of a county or township collector. Makes a style change. FISCAL NOTE, H-AM 1 (Dept. of Revenue) No fiscal impact on the State. STATE MANDATES ACT FISCAL NOTE, H-AM 1 Fails to create a State mandate. HOME RULE NOTE, H-AM 1 Does not contain any language preempting home rule authority. HOUSE AMENDMENT NO. 2. Deletes reference to: 35 ILCS 200/19-60 Adds reference to: 320 ILCS 25/4 from Ch. 67 1/2, par. 404 Deletes everything. Amends the Senior Citizens and Disabled Persons Property Tax Relief and Pharmaceutical Assistance Act to increase the income limitation, beginning with the 1998 grant year, from $14,000 to $16,000. Provides that the maximum grant for claimants with an income of more than $14,000 but less than $16,000 is $70. Effective immediately. Last action on Bill: PUBLIC ACT.............................. 90-0650 Last action date: 98-07-27 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 2 SENATE - 2 END OF INQUIRY Full Text Bill Status