Bill would help Ill. residents hit by storm damage - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Bill would help Ill. residents hit by storm damage

SPRINGFIELD, Ill. (AP) -

Southern Illinois property owners trying to rebuild after tornadoes and storms that hit in March would get a tax break under a bill passed by the Illinois House.

The (Springfield) State Journal-Register reports  that the bill passed Friday would freeze property tax assessments on buildings damaged by natural disasters.

It was drafted in response to homeowners in the Harrisburg area who watched their property taxes rise when they began to rebuild.

Homeowners would have to apply for the exemption within two years. They would not need to wait for either a state or federal disaster declaration.

The proposal has the support of lawmakers from both parties and across the state.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly