Bill Sponsors: IL HB1826 | 2025-2026 | 104th General Assembly
Bill Title: Amends the Property Tax Code. Provides that, for taxable year 2026, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Provides that, beginning in taxable year 2027, 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.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2025-01-29 - Referred to Rules Committee [HB1826 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2025-01-29 - Referred to Rules Committee [HB1826 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
Name | Type | Contact | Phone | District | Sponsorship | State Profile | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|---|---|---|
Representative Jay Hoffman [D] | Primary | 217-782-0104 | HD-113 | Sponsored Bills | State Profile | FollowTheMoney | Ballotpedia | VoteSmart |