HB1826 - 104th General Assembly

PROP TX-SENIOR FREEZE
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Jay Hoffman and Camille Y. Lilly
Statutes Amended In Order of Appearance
35 ILCS 200/15-172
Synopsis As Introduced
Amends the Property Tax Code. Provides that, for taxable year 2026, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Provides that, beginning in taxable year 2027, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption shall be increased each year by the percentage increase, if any, in the Consumer Price Index. Effective immediately.
Actions
Date Chamber Action
1/28/2025 House Filed with the Clerk by Rep. Jay Hoffman
1/29/2025 House First Reading
1/29/2025 House Referred to Rules Committee
2/24/2025 House Added Co-Sponsor Rep. Camille Y. Lilly
2/25/2025 House Assigned to Revenue & Finance Committee
3/03/2025 House To Property Tax Subcommittee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee