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Amends the Property Tax Code. Provides that the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption shall be increased in each taxable year by the annual cost of living adjustment, if any, in Social Security and Supplemental Security Income benefits that takes effect in that taxable year. Effective immediately.
Introduced
Jan 28, 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. Camille Y. Lilly
Assigned to Revenue & Finance Committee
Referred to Rules Committee
First Reading
Filed with the Clerk by Rep. Nabeela Syed
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
Camille Y. Lilly