Quinn signs bill to extend Cook County property tax break

Posted by property | Posted in Real Estate | Posted on 02-08-2010-05-2008

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Quinn signs bill to extend Cook County property tax break
Faced with a politically tricky situation, Gov. Pat Quinn today signed legislation to extend a popular property tax break for Cook County homeowners but also requires senior citizens to reapply each year for a tax exemption. The law continues a 7 percent limit in annual growth of a home’s value for tax purposes. Chicagoans will get up to a ,000 exemption on property taxes billed this fall …
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