HB 47

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

Prop Tax-Sr Freeze-Medicare

Abstract

Amends the Property Tax Code. In a provision concerning the Low-Income Senior Citizens Assessment Freeze Homestead Exemption, provides that, beginning in taxable year 2026, the taxpayer's annual household income for purposes of determining eligibility for the exemption shall be reduced by any amounts paid by the taxpayer as Medicare premiums during the calendar year. Effective immediately.

Bill Sponsors (2)

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Actions


Mar 21, 2025

House

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

Feb 25, 2025

House

To Property Tax Subcommittee

Feb 04, 2025

House

Assigned to Revenue & Finance Committee

Jan 15, 2025

House

Added Co-Sponsor Rep. Tony M. McCombie

Jan 09, 2025

House

Referred to Rules Committee

House

First Reading

Dec 11, 2024

House

Prefiled with Clerk by Rep. Kevin Schmidt

Bill Text

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Sources

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