Comments: IL HB2966 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Property Tax Code. Provides that, for taxable years 2021 and thereafter, the maximum reduction under the senior citizens homestead exemption is $8,000 in all counties (currently, $8,000 in counties with 3,000,000 or more inhabitants and $5,000 in all other counties). Provides that the maximum income limitation for the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Effective immediately.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2021-12-29 - Added Co-Sponsor Rep. Amy Grant [HB2966 Detail]

Text: Latest bill text (Introduced) [HTML]

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