Illinois General Assembly - Bill Status for HB5824
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 Bill Status of HB5824  102nd General Assembly


Short Description:  PROP TX-SENIOR FREEZE-CPI

House Sponsors
Rep. Keith R. Wheeler - Barbara Hernandez

Last Action
DateChamber Action
  11/16/2022HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 200/15-172


Synopsis As Introduced
Amends the Property Tax Code. Provides that, for taxable year 2023, the maximum income limitation for the senior freeze shall be $73,700 for all qualified property (currently, $65,000). Provides that the maximum income limitation shall be adjusted each year according to the change in the Consumer Price Index for All Urban Consumers. Effective immediately.

Actions 
DateChamber Action
  10/24/2022HouseFiled with the Clerk by Rep. Keith R. Wheeler
  11/16/2022HouseFirst Reading
  11/16/2022HouseReferred to Rules Committee
  11/17/2022HouseAdded Chief Co-Sponsor Rep. Barbara Hernandez

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