IL SB0096 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 24 2023 - 25% progression
Action: 2024-01-10 - Added as Co-Sponsor Sen. Mary Edly-Allen
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. In provisions concerning the Senior Citizens Assessment Freeze Homestead Exemption, provides that, for taxable years 2024 and thereafter, the maximum income limitation is $85,000 (currently, $65,000). Effective immediately.

Tracking Information

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Title

PROP TX-SENIOR FREEZE

Sponsors


History

DateChamberAction
2024-01-10SenateAdded as Co-Sponsor Sen. Mary Edly-Allen
2023-01-26SenateAdded as Chief Co-Sponsor Sen. Karina Villa
2023-01-25SenateChief Sponsor Changed to Sen. Willie Preston
2023-01-24SenateReferred to Assignments
2023-01-24SenateFirst Reading
2023-01-24SenateFiled with Secretary by Sen. Karina Villa

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520015-172Amended CodeCitation Text

Illinois State Sources


Bill Comments

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