PROP TX-SENIOR FREEZE
Summary
Amends the Property Tax Code. Beginning in taxable year 2016, increases the maximum income limitation under the Senior Citizens Assessment Freeze Homestead Exemption from $55,000 to $75,000 for applicants who have occupied the residence for 5 years or more. Indexes the maximum income limitation to the Consumer Price Index. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2015
Committee Review
Floor Vote
Governor
Introduced Jan 30, 2015
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
16
Key actions
0
Committee
4
Jan 10, 2017
House · Failed
Session Sine Die
Mar 27, 2015
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 20, 2015
House · Reported by committee
To Property Tax Subcommittee
Feb 13, 2015
House · Referred to committee
Assigned to Revenue & Finance Committee
Jan 30, 2015
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Christine Winger
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 493
Scope: IL
Hi! I can help you understand HB 493. 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