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HB 2640

Illinois - Session 104

House of Representatives in_committee 2025-03-21
Tax / Budget / Appropriations
Bill Details

Title: PROP TX-SENIOR FREEZE

Summary

Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the maximum income limitation for the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Effective immediately.

Sponsor
Martin McLaughlin
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-06 Introduced Bill introduced
2025-03-21 Status in_committee
2025-03-21 Latest Action 3/21/2025 - House:
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