SB 2086

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

Prop Tx-Senior Freeze

Abstract

Amends the Property Tax Code. Provides that, for taxable year 2025, the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption is $75,000. Provides that, for taxable year 2026 and subsequent taxable years, the maximum income limitation shall be adjusted by the percentage increase, if any, in the Consumer Price Index. Effective immediately.

Bill Sponsors (10)

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Aug 05, 2025

Senate

Added as Co-Sponsor Sen. Sally J. Turner

Jun 13, 2025

Senate

Added as Co-Sponsor Sen. Donald P. DeWitte

Jun 02, 2025

Senate

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

May 23, 2025

Senate

Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025

May 09, 2025

Senate

Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025

Apr 11, 2025

Senate

Rule 2-10 Committee Deadline Established As May 9, 2025

Mar 21, 2025

Senate

Rule 2-10 Committee Deadline Established As April 11, 2025

Mar 19, 2025

Senate

Added as Co-Sponsor Sen. Darby A. Hills

Mar 18, 2025

Senate

Added as Co-Sponsor Sen. Dave Syverson

Mar 17, 2025

Senate

Added as Co-Sponsor Sen. Chris Balkema

Mar 05, 2025

Senate

Added as Co-Sponsor Sen. Li Arellano, Jr.

Mar 04, 2025

Senate

Added as Co-Sponsor Sen. Craig Wilcox

Senate

Added as Co-Sponsor Sen. Dale Fowler

Feb 27, 2025

Senate

Added as Co-Sponsor Sen. Andrew S. Chesney

Feb 25, 2025

Senate

Assigned to Revenue

Feb 06, 2025

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Erica Harriss

Bill Text

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Related Documents

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Sources

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