HB 226 Illinois House · 97th Regular Session

SENIOR TAX DEFERRAL-INTEREST

Summary
Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that interest charged for taxes deferred under the Act shall be at the rate of 3% per year (instead of 6% per year) beginning in taxable year 2011. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2011
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2011 Last action Jan 8, 2013
Floor votes

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Full legislative history

Actions timeline

Total actions
8
Key actions
0
Committee
3
Jan 8, 2013
House · Failed
Session Sine Die
Mar 17, 2011
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 8, 2011
House · Referred to committee
Assigned to Revenue & Finance Committee
Jan 21, 2011
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Jack D. Franks
Jack D. Franks
DDemocratic
IL
63