PROP TX-FLOOD HAZARD House SponsorsRep. Maurice A. West, II 3/21/2025HouseRule 19(a) / Re-referred to Rules Committee 35 ILCS 200/15-190 new Amends the Property Tax Code. Creates a homestead exemption, subject to certain limitations, for property that is located within a special flood hazard area as identified by the Federal Emergency Management Agency. Provides that the amount of the exemption shall be a reduction in the property's equalized assessed value of $5,000. Effective immediately. 1/10/2025HouseFiled with the Clerk by Rep. Maurice A. West, II 1/28/2025HouseFirst Reading 1/28/2025HouseReferred to Rules Committee 2/11/2025HouseAssigned to Revenue & Finance Committee 2/25/2025HouseTo Property Tax Subcommittee 3/21/2025HouseRule 19(a) / Re-referred to Rules Committee