Comments: IL HB2362 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Property Tax Code. Beginning in taxable year 2017, increases the maximum income limitation under the Senior Citizens Assessment Freeze Homestead Exemption from $55,000 to $75,000 for applicants who have occupied the residence for 5 years or more. Indexes the maximum income limitation to the Consumer Price Index. Effective immediately.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced) 2017-03-31 - Rule 19(a) / Re-referred to Rules Committee [HB2362 Detail]

Text: Latest bill text (Introduced) [HTML]

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