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<xml>
<title>Illinois General Assembly - Bill Status for HB 5824         </title>
<shortdesc>PROP TX-SENIOR FREEZE-CPI</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Keith R. Wheeler-Barbara Hernandez and Andrew S. Chesney</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-172</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that, for taxable year 2023, the maximum income limitation for the senior freeze shall be $73,700 for all qualified property (currently, $65,000). Provides that the maximum income limitation shall be adjusted each year according to the change in the Consumer Price Index for All Urban Consumers. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>10/24/2022</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Keith R. Wheeler</action>
<statusdate>11/16/2022</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>11/16/2022</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>11/17/2022</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Barbara Hernandez</action>
<statusdate>12/15/2022</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Andrew S. Chesney</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

