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<xml>
<title>Illinois General Assembly - Bill Status for SB 2199         </title>
<shortdesc>PROP TX-SENIOR HOMESTEAD</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Erica Harriss-Dave Syverson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>Senate</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>2/10/2023</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Erica Harriss</action>
<statusdate>2/10/2023</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/10/2023</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/28/2023</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/10/2023</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>10/10/2023</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Dave Syverson</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

