Date	Chamber	Action
1/7/2025	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/15-179 new

30 ILCS 805/8.47 new

Synopsis As Introduced
Amends the Property Tax Code. Creates a middle-class tax credit limited to a reduction in the equalized assessed value of homestead property owned by a middle-class taxpayer of 5% of the equalized assessed value of the property for the current assessment year. Provides that the maximum exemption is limited to $5,000. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 

Date	Chamber	Action
2/9/2023	Senate	Filed with Secretary by Sen. Patrick J. Joyce
2/9/2023	Senate	First Reading
2/9/2023	Senate	Referred to Assignments
2/15/2023	Senate	Added as Co-Sponsor Sen. Michael E. Hastings
2/21/2023	Senate	Assigned to Revenue
3/10/2023	Senate	Rule 3-9(a) / Re-referred to Assignments
1/7/2025	Senate	Session Sine Die

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