· IL legislature · 104th

PROP TX-SENIOR FREEZE-CPI

Amends the Property Tax Code. Provides that, for taxable year 2026, 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…

Sponsor

Steve Reick (R-IL)

Introduced

2025-01-09

Policy area

Taxation

Latest action

Rule 19(a) / Re-referred to Rules Committee