Bill Texts: IL HB3928 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum reduction under the senior citizens homestead exemption is $9,000 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 (Democrat 1-0)

Status: (Introduced) 2023-03-10 - Rule 19(a) / Re-referred to Rules Committee [HB3928 Detail]

Bill Drafts

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Introduced2023-02-17HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB3928

Supplemental Documents

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No supplemental documents for Illinois HB3928 currently on file.

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