· IL legislature · 104th

PROP TX-CIRCUIT BREAKER

Creates the Circuit Breaker Property Tax Relief Act. Provides that an individual who: (i) is domiciled in this State; (ii) is eligible for and receives either the general homestead exemption the general alternative homestead exemption; (iii) has experienced property tax bill spikes; and (iv) has an income that meets…

Sponsor

Patrick Joyce (D-IL)

Introduced

2025-02-06

Policy area

Taxation

Latest action

Added as Co-Sponsor Sen. Lakesia Collins