HB 47

Illinois House of Representatives bill in Session 104.

Status: in_committee. Latest action: March 21, 2025.

PROP TAX-SR FREEZE-MEDICARE.

Bill ID IL-104-HB-47
Session 104
Status in_committee
Committee Rules Committee
House of Representatives in_committee 2025-03-21
Summary

Amends the Property Tax Code. In a provision concerning the Low-Income Senior Citizens Assessment Freeze Homestead Exemption, provides that, beginning in taxable year 2026, the taxpayer's annual household income for purposes of determining eligibility for the exemption shall be reduced by any amounts paid by the taxpayer as Medicare premiums during the calendar year. Effective immediately.

Sponsor
Kevin Schmidt
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-01-09 Introduced Bill introduced
2025-03-21 Status in_committee
2025-03-21 Latest Action 3/21/2025 - House:
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