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<xml>
<title>Illinois General Assembly - Bill Status for HB 1274         </title>
<shortdesc>PROP TX-SENIOR HOMESTEAD</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Amy Elik-Patrick Sheehan, Tony M. McCombie, Travis Weaver, Dan Swanson, Norine K. Hammond, Tom Weber, Dave Severin, Jackie Haas, Kevin Schmidt, Michael J. Coffey, Jr., Brandun Schweizer and Wayne A Rosenthal</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-170</reference><aliasreference></aliasreference><reference>35 ILCS 200/15-172</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum reduction under the senior citizens homestead exemption is $8,000 in all counties (currently, $8,000 in counties with 3,000,000 or more inhabitants and counties that are contiguous to a county of 3,000,000 or more inhabitants and $5,000 in all other counties). Provides that the maximum income limitation for the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/19/2023</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Amy Elik</action>
<statusdate>1/23/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Tony M. McCombie</action>
<statusdate>1/31/2023</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/31/2023</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/28/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Travis Weaver</action>
<statusdate>6/22/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dan Swanson</action>
<statusdate>8/8/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Norine K. Hammond</action>
<statusdate>11/8/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Tom Weber</action>
<statusdate>11/8/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dave Severin</action>
<statusdate>12/19/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jackie Haas</action>
<statusdate>12/19/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kevin Schmidt</action>
<statusdate>1/31/2024</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/8/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael J. Coffey, Jr.</action>
<statusdate>3/8/2024</statusdate><chamber>House</chamber><action>To Revenue - Property Tax Subcommittee</action>
<statusdate>4/5/2024</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>4/15/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Brandun Schweizer</action>
<statusdate>4/19/2024</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Patrick Sheehan</action>
<statusdate>5/16/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Wayne A Rosenthal</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

