HB3253 - 104th General Assembly

PROP TX-HOMESTEAD
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
35 ILCS 200/15-163 new
320 ILCS 30/2from Ch. 67 1/2, par. 452
320 ILCS 30/3from Ch. 67 1/2, par. 453
Synopsis As Introduced
Amends the Property Tax Code. Provides that, on and after July 1, 2026, any bill to amend an existing homestead exemption or to create a new homestead exemption shall include the submission of an impact statement prepared by the sponsor of the bill. Provides that the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption shall be $85,000 for taxable year 2025 and shall be subject to a cost-of-living adjustment in subsequent years. Provides that, for any tax certificates held by a county, the county clerk may create and administer a payment plan during the redemption period. Amends the Senior Citizens Real Estate Tax Deferral Act. Makes changes concerning the maximum household income. Effective immediately.
Actions
Date Chamber Action
2/06/2025 House Filed with the Clerk by Rep. Mary Beth Canty
2/18/2025 House Added Co-Sponsor Rep. Diane Blair-Sherlock
2/18/2025 House First Reading
2/18/2025 House Referred to Rules Committee
2/24/2025 House Added Co-Sponsor Rep. Lilian Jiménez
2/24/2025 House Added Co-Sponsor Rep. Lisa Davis
3/05/2025 House Added Co-Sponsor Rep. Abdelnasser Rashid
3/05/2025 House Added Co-Sponsor Rep. Laura Faver Dias
3/05/2025 House Added Co-Sponsor Rep. Nabeela Syed
3/05/2025 House Added Co-Sponsor Rep. Jennifer Gong-Gershowitz
3/05/2025 House Added Co-Sponsor Rep. Anna Moeller
3/11/2025 House Added Co-Sponsor Rep. Camille Y. Lilly
3/11/2025 House Assigned to Revenue & Finance Committee
3/12/2025 House Added Co-Sponsor Rep. Dagmara Avelar
3/13/2025 House To Property Tax Subcommittee
3/19/2025 House Added Co-Sponsor Rep. Debbie Meyers-Martin
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee
4/23/2025 House Added Co-Sponsor Rep. Martha Deuter
5/14/2025 House Added Co-Sponsor Rep. Elizabeth "Lisa" Hernandez