· IL legislature · 104th

PROP TX-GENERAL HOMESTEAD-CPI

Amends the Property Tax Code. Provides that, for taxable years 2027 and thereafter, the maximum reduction for the general homestead exemption in all counties shall be the maximum reduction for the immediately preceding taxable year, increased by the percentage increase, if any, in the Consumer Price Index during the…

Sponsor

John Curran (R-IL)

Introduced

2026-02-06

Policy area

Taxation

Latest action

Rule 2-10 Committee Deadline Established As April 24, 2026