Comments: IL SB2244 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that the income limitation under the Act is $65,000 for tax years 2022 through 2025 and $55,000 for tax year 2026 and thereafter (currently, $55,000). Provides that, for tax years 2022 through 2025, the total amount of any such deferral shall not exceed $7,500 per taxpayer in each tax year (currently, $5,000). Provides that, beginning again in tax year 2026, the total amount of any such deferral shall not exceed $5,000. Effective immediately.

Spectrum: Moderate Partisan Bill (Democrat 21-4)

Status: (Enrolled) 2021-06-28 - Sent to the Governor [SB2244 Detail]

Text: Latest bill text (Enrolled) [HTML]

PolitiCorps Conversations

Start PolitiCorps Debate
TitlePolitiCorpsAccessCommentsViewsLast Post
There are no visible public or private PolitiCorps discussions concerning the 2021 Illinois SB2244 at this time.

Social Comments on IL SB2244 750

feedback