Chicago -- Legislation designed to reduce property tax bills for Illinois seniors is now law.
The bill raises the homestead exemption for Illinois residents age 65 and older by $1,000, from $4,000 to $5,000.
Gov. Pat Quinn signed it into law on Tuesday. The move could save seniors roughly $200 a year.
The new law also raises the general exemption in Cook County starting in 2014. The county has a 7 percent exemption cap while everywhere else in the state there's a flat exemption of $6,000. Now Cook County has a flat exemption of $7,000.
Quinn says home ownership is key to strong neighborhoods.
Evangelist Franklin Graham prayed on a sidewalk outside the Pentagon Thursday after his invitation to a prayer service inside was withdrawn because of comments that insulted people of other religions. More>>
The 2014 Decatur Law Enforcement Torch Run Polar Plunge to benefit the athletes of Special Olympics Illinois, will be on Saturday, March 8th at 12:00 pm. Beach House in Nelson Park on Lake Decatur VisitMore >>
The 2014 Decatur Law Enforcement Torch Run Polar Plunge to benefit the athletes of Special Olympics Illinois, will be on Saturday, March 8th at 12:00 pm.More >>
KEEP YOUR FAMILY SAFE WITH A NOAA WEATHER ALERT MONITOR WAND 17 has partnered with Midland Radio Corporation in offering NOAA Weather Alert Monitors. These monitors are available for sale in SchnucksMore >>
The Season of Change from winter to summer can bring dangerous severe weather. That's why StormCenter 17 is dedicating our weather resources to keep your family safe. Through the coming months you willMore >>