Comments: IL SB4029 | 2025-2026 | 104th General Assembly

Bill Title: Amends the Property Tax Code. Provides that, beginning in taxable year 2029, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption shall be increased each year by the percentage increase, if any, in the Consumer Price Index. Effective immediately.

Sponsorship: Partisan Bill (Republican 6)

Status: (Introduced - Dead) 2026-06-25 - Added as Co-Sponsor Sen. Sally J. Turner [SB4029 Detail]

Text: Latest bill text (Introduced) [HTML]

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