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Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption is $85,000 for all qualified property. Effective immediately.
Introduced
Jan 9, 2025
Last Action
Mar 21, 2025
Session
IL 104th
Sponsors
1 primary · 1 co
Rule 19(a) / Re-referred to Rules Committee
To Property Tax Subcommittee
Added Co-Sponsor Rep. Regan Deering
Assigned to Revenue & Finance Committee
Referred to Rules Committee
First Reading
Prefiled with Clerk by Rep. Jed Davis
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Rule 19(a) / Re-referred to Rules Committee