<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3460   </title>
<shortdesc>PROP TX-GENERAL HOMESTEAD</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. JoAnn D. Osmond</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-175</reference><aliasreference></aliasreference><reference>35 ILCS 200/15-176</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that, when the general homestead exemption applies in counties with less than 3,000,000 inhabitants, the exemption shall automatically apply to the new homeowner if the property is sold. Removes a requirement in a Section concerning the alternative general homestead exemption that the assessor may require the new owner of the property to apply for the exemption in the following year if the property is sold.</SynopsisText><synopsistitle>House Committee Amendment No. 1</synopsistitle>
<reftype>Adds reference to:</reftype><reference>765 ILCS 77/23 new</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Property Tax Code and the Residential Real Property Disclosure Act. Provides that, before closing on residential real property, the seller must provide to the buyer the form required by the assessor or chief county assessment officer to apply for the general homestead exemption or the alternative general homestead exemption.</SynopsisText></synopsis>
<actions>
<statusdate>2/24/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. JoAnn D. Osmond</action>
<statusdate>2/24/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/24/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/1/2011</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/2/2011</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. JoAnn D. Osmond</action>
<statusdate>3/2/2011</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>3/7/2011</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Adopted in Revenue &amp; Finance Committee;  by Voice Vote</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Do Pass as Amended / Short Debate Revenue &amp; Finance Committee;  009-000-000</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>4/14/2011</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/14/2011</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>4/15/2011</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

