PROP TX-SENIOR FREEZE-EQUALIZE
Summary
Amends the Property Tax Code. In a Section concerning the Senior Citizens Assessment Freeze Homestead Exemption, provides that, if an equalization factor of less than 1 is applied to the property for any taxable year, then the base amount shall be adjusted according to that equalization factor. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2012
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2012
Last action Jan 8, 2013
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
0
Committee
3
Jan 8, 2013
House · Failed
Session Sine Die
Mar 9, 2012
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 21, 2012
House · Referred to committee
Assigned to Revenue & Finance Committee
Feb 15, 2012
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Dennis M. Reboletti
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 5490
Scope: IL
Hi! I can help you understand HB 5490. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline