HB 4437 Illinois House · 103rd Regular Session

PROP TX-FLOOD HAZARD

Summary
Amends the Property Tax Code. Creates a homestead exemption, subject to certain limitations, for property that is located within a special flood hazard area as identified by the Federal Emergency Management Agency. Provides that the amount of the exemption shall be a reduction in the property's equalized assessed value of $5,000. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 12, 2024 Last action Apr 5, 2024
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
6
Key actions
1
Committee
4
Apr 5, 2024
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 8, 2024
Lower · Passed
To Revenue - Property Tax Subcommittee
lower
Feb 14, 2024
Committee
Assigned to Revenue & Finance Committee
lower
Jan 16, 2024
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Maurice West
Maurice West
DDemocratic
IL
67