Bill Sponsors: IL SB0185 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Property Tax Code. Provides that, for the purposes of the senior citizens assessment freeze homestead exemption, "income" does not include any required minimum distribution from an individual retirement annuity. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2023-06-26 - Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments [SB0185 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Laura Murphy [D]PrimarySponsored BillsSD-028FollowTheMoneyBallotpediaVoteSmart

Social Comments on IL SB0185

feedback