Monday, August 02, 2010

Cook County property tax payers rejoice!

Owners get a "break" with signed tax legislation this weekend:

"The law continues a 7 percent limit in annual growth of a home's value for tax purposes. Chicagoans will get up to a $20,000 exemption on property taxes billed this fall under the law, according to Assessor James Houlihan's office. Without it, the tax exemption would have dropped to $6,000."

Read the Tribune story here.

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