SB 2673

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Prop Tx-Senior Freeze

Abstract

Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption is $75,000 for all qualified property. Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that the maximum household income under the Act is $75,000 for tax years 2024 and thereafter. Effective immediately.

Bill Sponsors (2)

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Mar 15, 2024

Senate

Rule 3-9(a) / Re-referred to Assignments

Jan 31, 2024

Senate

Assigned to Revenue

Jan 19, 2024

Senate

Added as Co-Sponsor Sen. Rachel Ventura

Jan 10, 2024

Senate

Filed with Secretary by Sen. Laura M. Murphy

Senate

First Reading

Senate

Referred to Assignments

Bill Text

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