HB 3282 Illinois House · 101st Regular Session

PROP TX- FIRST-TIME HOMEBUYER

Summary
Amends the Property Tax Code. Creates a first-time homebuyer homestead exemption. Provides that residential property valued at $75,000 or more that is owned and occupied by a first-time homebuyer is entitled to a reduction in the equalized assessed value of the property in the amount of $7,500. Amends the State Mandates Act to require implementation without reimbursement.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2019 Last action Mar 29, 2019
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
6
Key actions
1
Committee
4
Mar 29, 2019
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 14, 2019
Lower · Passed
To Property Tax Subcommittee
lower
Mar 5, 2019
Committee
Assigned to Revenue & Finance Committee
lower
Feb 15, 2019
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.