· IL legislature · 104th

PROP TX-SENIOR FREEZE

Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption is $80,000 (currently, $65,000). Effective immediately.

Sponsor

Dave Vella (D-IL)

Introduced

2025-08-25

Policy area

Taxation

Latest action

Referred to Rules Committee