Comments: IL SB3872 | 2025-2026 | 104th General Assembly
Bill Title: Amends the Property Tax Code. Creates the free and clear senior homestead exemption. Provides that certain homestead property that is owned and used a primary residence by a person who is 75 years of age or older and whose income does not exceed a specified income limitation is exempt from taxation under the Code.
Sponsorship: Partisan Bill (Republican 5)
Status: (Introduced - Dead) 2026-07-09 - Added as Co-Sponsor Sen. Dave Syverson [SB3872 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsorship: Partisan Bill (Republican 5)
Status: (Introduced - Dead) 2026-07-09 - Added as Co-Sponsor Sen. Dave Syverson [SB3872 Detail]
Text: Latest bill text (Introduced) [HTML]
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