SB3872 - 104th General Assembly

PROP TX-FREE AND CLEAR EXEMPT
Last Action
2/06/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Craig Wilcox
Statutes Amended In Order of Appearance
35 ILCS 200/15-171 new
Synopsis As Introduced
Amends the Property Tax Code. Creates the free and clear senior homestead exemption. Provides that certain homestead property that is owned and used a primary residence by a person who is 75 years of age or older and whose income does not exceed a specified income limitation is exempt from taxation under the Code.
Actions
Date Chamber Action
2/06/2026 Senate Filed with Secretary by Sen. Craig Wilcox
2/06/2026 Senate First Reading
2/06/2026 Senate Referred to Assignments