Illinois House Bill 2639: PROP TX-GENERAL HOMESTEAD AMT

Illinois · 104th session

What it does

Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the maximum reduction for the general homestead exemption is $10,000 in all counties. Effective immediately.

Latest action

Added Co-Sponsor Rep. Kevin Schmidt (2025-10-27)

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