Bill Title: Amends the Property Tax Code. Provides that, for taxable years 2021 and thereafter, the maximum reduction under the senior citizens homestead exemption is $8,000 in all counties (currently, $8,000 in counties with 3,000,000 or more inhabitants and $5,000 in all other counties). Provides that the maximum income limitation for the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Effective immediately.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2021-12-29 - Added Co-Sponsor Rep. Amy Grant
[HB2966 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
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| Introduced | 2021-02-18 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
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| No bill amendments currently on file for Illinois HB2966 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Illinois HB2966 currently on file. |
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