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Amends the Property Tax Code. Provides that the total property tax bill for any property receiving the senior citizens homestead exemption may not exceed 101% of the tax bill for the immediately preceding taxable year.
Introduced
Feb 18, 2025
Last Action
Aug 14, 2025
Session
IL 104th
Sponsors
1 primary · 3 co
Added Co-Sponsor Rep. Brad Stephens
Rule 19(a) / Re-referred to Rules Committee
Added Co-Sponsor Rep. Kevin Schmidt
To Tax Policy: Other Taxes Subcommittee
Assigned to Revenue & Finance Committee
Referred to Rules Committee
First Reading
Added Chief Co-Sponsor Rep. Travis Weaver
Filed with the Clerk by Rep. Joe C. Sosnowski
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Added Co-Sponsor Rep. Brad Stephens
Joe C. Sosnowski