Bill Amendment: IL SB0185 | 2023-2024 | 103rd General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: PROP TAX-SENIOR FREEZE-INCOME
Status: 2023-06-26 - Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments [SB0185 Detail]
Download: Illinois-2023-SB0185-Senate_Amendment_001.html
Bill Title: PROP TAX-SENIOR FREEZE-INCOME
Status: 2023-06-26 - Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments [SB0185 Detail]
Download: Illinois-2023-SB0185-Senate_Amendment_001.html
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| 1 | AMENDMENT TO SENATE BILL 185
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| 2 | AMENDMENT NO. ______. Amend Senate Bill 185 on page 3, by | ||||||
| 3 | replacing lines 15 through 19 with the following:
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| 4 | "2001, "income" does not
include veteran's benefits, and, | ||||||
| 5 | beginning in assessment year 2024, "income" does not include | ||||||
| 6 | up to $10,000 per household in required minimum distributions | ||||||
| 7 | under the Internal Revenue Code from a retirement plan, | ||||||
| 8 | retirement account, or retirement annuity.".
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