Bill Text: IL SB0792 | 2013-2014 | 98th General Assembly | Introduced
Bill Title: Amends the Senior Citizens and Disabled Persons Property Tax Relief Act. Makes a technical change in a Section concerning the definition of "rent constituting property taxes accrued".
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2015-01-13 - Session Sine Die [SB0792 Detail]
Download: Illinois-2013-SB0792-Introduced.html
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
1 | AN ACT concerning aging.
| |||||||||||||||||||
2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
3 | represented in the General Assembly:
| |||||||||||||||||||
4 | Section 5. The Senior Citizens and Disabled Persons | |||||||||||||||||||
5 | Property Tax Relief Act is amended by changing Section 3.11 as | |||||||||||||||||||
6 | follows:
| |||||||||||||||||||
7 | (320 ILCS 25/3.11) (from Ch. 67 1/2, par. 403.11)
| |||||||||||||||||||
8 | Sec. 3.11.
"Rent constituting property taxes accrued" | |||||||||||||||||||
9 | means 25% of the
the
amount of gross rent paid in a taxable | |||||||||||||||||||
10 | year for a residence which was subject
to ad valorem property | |||||||||||||||||||
11 | taxes in that year under the Property Tax Code. | |||||||||||||||||||
12 | (Source: P.A. 87-860; 88-670, eff. 12-2-94.)
|