HB 1877

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

Prop Tx-Senior Freeze

Abstract

Amends the Property Tax Code. Provides that, for taxable year 2026, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Provides that, beginning in taxable year 2027, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption shall be increased each year by the percentage increase, if any, in the Consumer Price Index. Effective immediately.

Bill Sponsors (2)

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Mar 24, 2025

House

Added Co-Sponsor Rep. Anne Stava

Mar 21, 2025

House

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

Mar 03, 2025

House

To Property Tax Subcommittee

Feb 25, 2025

House

Assigned to Revenue & Finance Committee

Jan 29, 2025

House

Filed with the Clerk by Rep. Janet Yang Rohr

House

Referred to Rules Committee

House

First Reading

Bill Text

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