IL HB2882 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 16 2023 - 25% progression
Action: 2023-03-10 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 16 2023 - 25% progression
Action: 2023-03-10 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides that, for taxable year 2024, 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 2025, 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.
Title
PROP TX-SENIOR FREEZE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-03-10 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2023-03-09 | House | To Revenue - Property Tax Subcommittee |
| 2023-02-28 | House | Assigned to Revenue & Finance Committee |
| 2023-02-16 | House | Referred to Rules Committee |
| 2023-02-16 | House | First Reading |
| 2023-02-16 | House | Filed with the Clerk by Rep. Janet Yang Rohr |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 200 | 15-172 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2882&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/HB/10300HB2882.htm |
