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<xml>
<title>Illinois General Assembly - Bill Status for HB 4464         </title>
<shortdesc>PROP TX-SENIOR HOMESTEAD EXMPT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Fred Crespo-Matt Hanson and Sharon Chung</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><SynopsisText>     Amends the Property Tax Code. In provisions concerning the senior citizens homestead exemption, permanently removes the requirement to reapply for the exemption in counties with 3,000,000 or more inhabitants (currently, that requirement was eliminated only for taxable years 2019 through 2023). In counties with less than 3,000,000 inhabitants, provides that, if the county board passes a resolution removing the requirement to reapply for the exemption, the chief county assessment official shall conduct, by no later than December 31 of the first year of each reassessment cycle, an audit of all senior citizens homestead exemptions granted for the preceding reassessment cycle.</SynopsisText></synopsis>
<actions>
<statusdate>1/16/2024</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Fred Crespo</action>
<statusdate>1/16/2024</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/16/2024</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/28/2024</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/8/2024</statusdate><chamber>House</chamber><action>To Revenue-Income Tax Subcommittee</action>
<statusdate>3/14/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sharon Chung</action>
<statusdate>4/2/2024</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Matt Hanson</action>
<statusdate>4/5/2024</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

