Illinois House Bill 2424: PROP TX-HOMESTEAD

Illinois · 104th session

What it does

Amends the Property Tax Code. Provides that, for the purpose of eligibility for the general homestead exemption, "homestead property" also includes property that is used by a person as his or her principal dwelling place and on which the person is liable for the payment of property taxes under a lease-to-purchase or a lease-option contract.

Latest action

Rule 19(a) / Re-referred to Rules Committee (2025-03-21)

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