SB 68 Illinois Senate · 93rd Regular Session

PROPERTY TAX-HOMESTEAD EXMPTN

Summary
Amends the Property Tax Code. Provides that for taxable year 2003 and each taxable year thereafter the maximum reduction in the equalized assessed value of homestead property (the general homestead exemption) shall be $13,500 (now, $4,500) in counties with 3,000,000 or more inhabitants and $10,500 (now $3,500) in all other counties. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2003
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2003 Last action Jan 11, 2005
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Jan 11, 2005
Senate · Failed
Session Sine Die
Jan 22, 2003
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Larry K. Bomke
Larry K. Bomke
RRepublican
IL
50