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HB 3671 Illinois House · 100th Regular Session

PROP TX- FIRST-TIME HOMEBUYER

Summary
Amends the Property Tax Code. Creates a first-time homebuyer homestead exemption. Provides that residential property valued at $75,000 or more that is owned and occupied by a first-time homebuyer is entitled to a reduction in the equalized assessed value of the property in the amount of $7,500. Amends the State Mandates Act to require implementation without reimbursement.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2017
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2017 Last action Jan 8, 2019
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
7
Key actions
1
Committee
4
Mar 31, 2017
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 9, 2017
Lower · Passed
To Property Tax Subcommittee
lower
Mar 1, 2017
Committee
Assigned to Revenue & Finance Committee
lower
Feb 10, 2017
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.