Illinois House Bill 2640: PROP TX-SENIOR FREEZE

Illinois · 104th session

What it does

Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the maximum income limitation for the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Effective immediately.

Latest action

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

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