IL SB2710 | 2023-2024 | 103rd General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. Provides that, beginning in taxable year 2024, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption shall be increased each year by the percentage increase, if any, in the Consumer Price Index. Effective immediately.

Tracking Information

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Title

PROP TX-SENIOR FREEZE

Sponsors


History

DateChamberAction
2025-01-07SenateSession Sine Die
2024-05-03SenateRule 3-9(a) / Re-referred to Assignments
2024-04-05SenateRule 2-10 Committee Deadline Established As May 3, 2024
2024-03-15SenateRule 2-10 Committee Deadline Established As April 5, 2024
2024-01-31SenateAssigned to Revenue
2024-01-10SenateReferred to Assignments
2024-01-10SenateFirst Reading
2024-01-10SenateFiled with Secretary by Sen. Sue Rezin

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520015-172Amended CodeCitation Text

Illinois State Sources


Bill Comments

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