HB 1563

  • Illinois House Bill
  • 104th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-Senior Freeze-Cpi

Abstract

Amends the Property Tax Code. Provides that, for taxable year 2026, the maximum income limitation for the senior freeze shall be $75,000 for all qualified property (currently, $65,000). Provides that the maximum income limitation shall be adjusted each year according to the change in the Consumer Price Index for All Urban Consumers. Effective immediately.

Bill Sponsors (4)

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Actions


Mar 21, 2025

House

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

Mar 12, 2025

House

Added Co-Sponsor Rep. Kevin Schmidt

Mar 03, 2025

House

To Property Tax Subcommittee

Feb 18, 2025

House

Assigned to Revenue & Finance Committee

Feb 07, 2025

House

Added Co-Sponsor Rep. Regan Deering

Jan 28, 2025

House

Referred to Rules Committee

House

First Reading

Jan 23, 2025

House

Added Co-Sponsor Rep. Tony M. McCombie

Jan 21, 2025

House

Filed with the Clerk by Rep. Charles Meier

Bill Text

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