<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2842         </title>
<shortdesc>PROP TX-EXEMPTIONS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. John J. Cullerton</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-170</reference><aliasreference></aliasreference><reference>35 ILCS 200/15-172.5 new</reference><aliasreference></aliasreference><reference>35 ILCS 200/15-175</reference><aliasreference></aliasreference><SynopsisText>Amends the Property Tax Code. Creates an assessment freeze homestead exemption for persons receiving federal Supplemental Security Income. Provides that, for taxable years 2018 and thereafter, the maximum reduction under the senior citizens homestead exemption is $9,000 in counties with 3,000,000 or more inhabitants and $6,000 in all other counties. Provides that, for taxable years 2018 and thereafter, the maximum reduction under the general homestead exemption is $12,000 in counties with 3,000,000 or more inhabitants and $8,000 in all other counties. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/13/2018</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Ira I. Silverstein</action>
<statusdate>2/13/2018</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/13/2018</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/21/2018</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>4/13/2018</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 27, 2018</action>
<statusdate>4/27/2018</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/4/2019</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. John J. Cullerton</action>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

