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Issue · Housing

Housing (Property Taxes · Seniors)

Every housing bill, vote, and legislator stance in Illinois, automatically classified by Maddy, our AI policy reader.

IL Legislature US Congress
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104th Regular Session
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in committee · Illinois · Senate Jul 9, 2026

SB 3872: PROP TX-FREE AND CLEAR EXEMPT

Amends the Property Tax Code. Creates the free and clear senior homestead exemption. Provides that certain homestead property that is owned and used a primary residence by a person who is 75 years of age or older and whose income does not exceed a specified income limitation is exempt from taxation under the Code.
Topics ✓ Budget & TaxesSupports Budget & TaxesCreates property tax exemption for seniors (75+ with income limits), providing direct tax relief to lower-income homeowners, aligning with tax relief support indicator.90% confidence ✓ HousingSupports HousingBill creates property tax exemption for seniors (75+) with income limits, reducing housing costs and increasing affordability for vulnerable homeowners.95% confidence
Sub-Topics Property Tax Property Taxes Tags Seniors