Comments: IL SB1689 | 2019-2020 | 101st General Assembly

Bill Title: Amends the Property Tax Code. Provides that for taxable year 2019, the maximum income limitation under the senior citizens assessment freeze homestead exemption is $75,000 for counties with 3,000,000 or more inhabitants (currently, $65,000). Provides that, for taxable year 2020 and thereafter, the maximum income limitation under the senior citizens assessment freeze homestead exemption is $75,000 for all counties (currently, $65,000). Effective immediately.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Failed) 2021-01-13 - Session Sine Die [SB1689 Detail]

Text: Latest bill text (Engrossed) [HTML]

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