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<xml>
<title>Illinois General Assembly - Bill Status for HB 1439         </title>
<shortdesc>SENIOR TAX DEFERRAL-INTEREST</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jack D. Franks, Esther Golar, Emanuel Chris Welch, Deb Conroy and Linda Chapa LaVia</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>320 ILCS 30/3</reference><aliasreference>from Ch. 67 1/2, par. 453</aliasreference><SynopsisText>     Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that the rate of interest for taxes deferred on or after the effective date is equal to the most recent yield on a 30-year treasury bond as of the date the taxes were deferred, but not to exceed 6% per year (currently, the rate is 6% per year). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jack D. Franks</action>
<statusdate>2/6/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/6/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/24/2015</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/26/2015</statusdate><chamber>House</chamber><action>To Property Tax Subcommittee</action>
<statusdate>3/27/2015</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/31/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Esther Golar</action>
<statusdate>3/31/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Emanuel Chris Welch</action>
<statusdate>3/31/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Deb Conroy</action>
<statusdate>3/31/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Linda Chapa LaVia</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

