Bill Sponsors: IL HB1254 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Property Tax Code. Provides that the total property tax bill for any property receiving the senior citizens homestead exemption may not exceed 101% of the tax bill for the immediately preceding taxable year, unless the increase is due to improvements to the property that increased the property's fair market value in the applicable tax year.

Spectrum: Partisan Bill (Republican 7-0)

Status: (Introduced) 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee [HB1254 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Joe Sosnowski [R]PrimarySponsored BillsHD-069FollowTheMoneyBallotpediaVoteSmart
Representative Travis Weaver [R]CosponsorSponsored BillsHD-093FollowTheMoneyBallotpediaVoteSmart
Representative Tony McCombie [R]CosponsorSponsored BillsHD-089FollowTheMoneyBallotpediaVoteSmart
Representative Daniel Swanson [R]CosponsorSponsored BillsHD-071FollowTheMoneyBallotpediaVoteSmart
Representative Norine Hammond [R]CosponsorSponsored BillsHD-094FollowTheMoneyBallotpediaVoteSmart
Representative Tom Weber [R]CosponsorSponsored BillsHD-064FollowTheMoneyBallotpediaVoteSmart
Representative Dave Severin [R]CosponsorSponsored BillsHD-116FollowTheMoneyBallotpediaVoteSmart

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