SB 2086

Illinois Senate bill in Session 104.

Status: in_committee. Latest action: June 2, 2025.

PROP TX-SENIOR FREEZE.

Bill ID IL-104-SB-2086
Session 104
Status in_committee
Committee Assignments
Senate in_committee 2025-06-02
Summary

Amends the Property Tax Code. Provides that, for taxable year 2025, the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption is $75,000. Provides that, for taxable year 2026 and subsequent taxable years, the maximum income limitation shall be adjusted by the percentage increase, if any, in the Consumer Price Index. Effective immediately.

Sponsor
Erica Harriss
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-06 Introduced Bill introduced
2025-06-02 Status in_committee
2025-06-02 Latest Action 6/02/2025 - Senate:
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