· IL legislature · 104th

PROP TX-SENIOR FREEZE

Amends the Property Tax Code. Provides that, for taxable years 2025 and thereafter, the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption is $75,000 for all qualified property. Effective immediately.

Sponsor

Diane Blair-Sherlock (D-IL)

Introduced

2024-12-13

Policy area

Taxation

Latest action

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