Comments: IL HB2548 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Property Tax Code. Provides that the maximum income limitation under the low-income senior citizens assessment freeze homestead exemption is (i) $65,000 for all qualified property containing an individual household and (ii) $80,000 for all qualified property containing a shared household (currently, $65,000 for all property). Effective immediately.

Sponsorship: Partisan Bill (Democrat 2)

Status: (Failed) 2025-01-07 - Session Sine Die [HB2548 Detail]

Text: Latest bill text (Introduced) [HTML]

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