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<xml>
<title>Illinois General Assembly - Bill Status for HB 4693   </title>
<shortdesc>SENIOR TAX DEFERRAL-INTEREST</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jack D. Franks and Michael W. Tryon</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>320 ILCS 30/3</reference><aliasreference>from Ch. 67 1/2, par. 453</aliasreference><SynopsisText>     Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that interest charged for taxes deferred under the Act shall be at the rate of 3% per year (instead of 6% per year) beginning in taxable year 2010. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>12/1/2009</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jack D. Franks</action>
<statusdate>1/4/2010</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/4/2010</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/12/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael W. Tryon</action>
<statusdate>2/9/2010</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/15/2010</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

