IL HB2629 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 15 2023 - 25% progression
Action: 2023-02-23 - Added Chief Co-Sponsor Rep. Harry Benton
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. In provisions concerning the Senior Citizens Assessment Freeze Homestead Exemption, provides that, for taxable years 2024 and thereafter, the maximum income limitation is $85,000 (currently, $65,000). Effective immediately.

Tracking Information

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Title

PROP TX-SENIOR FREEZE

Sponsors


History

DateChamberAction
2023-02-23HouseAdded Chief Co-Sponsor Rep. Harry Benton
2023-02-15HouseReferred to Rules Committee
2023-02-15HouseFirst Reading
2023-02-15HouseFiled with the Clerk by Rep. Nabeela Syed

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520015-172Amended CodeCitation Text

Illinois State Sources


Bill Comments

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