PROP TX-5-YEAR HOMESTEAD
- Introduced Jul 24, 2024
- In committee Nov 12, 2024
- Died
- Passed the Senate
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
Amends the Property Tax Code. Creates a homestead exemption for certain property located in Cook County that has been used as a qualified taxpayer's principal dwelling place for at least 5 continuous years as of January 1 of the taxable year. Provides that the aggregate amount of property taxes levied against that property in any taxable year may not exceed $5,000. Effective immediately.
Every action
4 steps, oldest first, as the legislature records them.
- HouseFiled with the Clerk by Rep. Thaddeus Jones
- HouseFirst Reading
- CommitteeReferred to Rules Committee · House Rules
- HouseSession Sine Die
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it.
-
Thaddeus JonesD Primary sponsor · District 29
From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.