Bill Title: Amends the Property Tax Code. Increases the maximum amount of the Senior Citizens Homestead Exemption from $3,500 to $5,000 and provides that the maximum amount must be increased each year by the lesser of (i) 2% or (ii) the percentage increase during the immediately prior taxable year in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor, Bureau of Labor Statistics. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Introduced - Dead) 2009-03-13 - Rule 19(a) / Re-referred to Rules Committee [HB3867 Detail]

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Bill Drafts

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Introduced	Not Avail	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB3867

Supplemental Documents

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No supplemental documents for Illinois HB3867 currently on file.

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