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<xml>
<title>Illinois General Assembly - Bill Status for SB 1895         </title>
<shortdesc>PROP TX-SENIOR FREEZE-INCOME</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Laura M. Murphy-Don Harmon</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-172</reference><aliasreference></aliasreference><reference>320 ILCS 30/2</reference><aliasreference>from Ch. 67 1/2, par. 452</aliasreference><SynopsisText>Amends the Property Tax Code. Provides that, for taxable year 2019 and thereafter, the maximum income limitation under the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that the income limitation under the Act is $75,000 for tax year 2019 and thereafter (currently, $55,000). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Don Harmon</action>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/26/2019</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. Laura M. Murphy</action>
<statusdate>2/27/2019</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/22/2019</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As March 28, 2019</action>
<statusdate>3/28/2019</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>2/26/2020</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Don Harmon</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

