PROP TX-HOMESTEAD House SponsorsRep. Jack D. Franks 12/3/2014HouseSession Sine Die 35 ILCS 200/9-275.5 new Amends the Property Tax Code. Allows the chief county assessment officer in a county with fewer than 3,000,000 inhabitants to record a tax lien against property that was granted one or more erroneous homestead exemptions. Provides that those chief county assessment officers shall include certain information concerning homestead exemptions with each assessment notice sent in a general assessment year. Provides that if, within 60 days after receiving the notice, the property owner notifies the chief county assessment officer that he or she received a homestead exemption in error in a previous assessment year and pays the principal amount of back taxes with interest, then the property owner shall not be liable for the penalties. Provides for an amnesty period beginning on the effective date of the amendatory Act and running for a period of 5 months after the effective date of the amendatory Act. Effective immediately. 8/1/2013HouseFiled with the Clerk by Rep. Jack D. Franks 10/22/2013HouseFirst Reading 10/22/2013HouseReferred to Rules Committee 1/28/2014HouseAssigned to Revenue & Finance Committee 2/20/2014HouseTo Property Tax Subcommittee 3/28/2014HouseRule 19(a) / Re-referred to Rules Committee 12/3/2014HouseSession Sine Die