SB 2673 Illinois Senate · 103rd Regular Session

PROP TX-SENIOR FREEZE

Summary
Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption is $75,000 for all qualified property. Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that the maximum household income under the Act is $75,000 for tax years 2024 and thereafter. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 10, 2024 Last action Mar 15, 2024
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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
3
Mar 15, 2024
Committee
Rule 3-9(a) / Re-referred to Assignments
lower
Jan 31, 2024
Committee
Assigned to Revenue
lower
Jan 10, 2024
Committee
Referred to Assignments
lower
1 primary · 1 co-sponsor

Sponsors