OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

HB 664 - Homeowner Tax Exemption - Illinois Key Vote

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See How Your Politicians Voted

Title: Homeowner Tax Exemption

Vote Smart's Synopsis:

Vote to override a line-item veto that would have made temporary increases to the homeowners' tax exemption permanent.

Highlights:

- Overrides the governor's proposed increase of the homeowners' tax exemption from $20,000 to $40,000, instead authorizing the increase to $33,000 proposed in the original bill. - Overrides the governor's proposal to make this increase permanent, instead authorizing the gradual reduction of the tax exemption back to its original level by 2010.

NOTE: A THREE- FIFTHS MAJORITY OF THE ELECTED MEMBERS IS REQUIRED TO OVERRIDE A GOVERNOR'S VETO.

Full Bill Text

See How Your Politicians Voted

Title: Homeowner Tax Exemption

Vote Smart's Synopsis:

Vote to override a line-item veto that would have made temporary increases to the homeowners' tax exemption permanent.

Highlights:

- Overrides the governor's proposed increase of the homeowners' tax exemption from $20,000 to $40,000, instead authorizing the increase to $33,000 proposed in the original bill. - Overrides the governor's proposal to make this increase permanent, instead authorizing the gradual reduction of the tax exemption back to its original level by 2010.

NOTE: A THREE- FIFTHS MAJORITY OF THE ELECTED MEMBERS IS REQUIRED TO OVERRIDE A GOVERNOR'S VETO.

Full Bill Text

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