Illinois General Assembly - Bill Status for HB2452

Tax Policy: Other Taxes Subcommittee Hearing Mar 20 2025 8:08AM Capitol Building 114 and Virtual Room 1 Springfield, IL
Tax Policy: Other Taxes Subcommittee Hearing Mar 20 2025 2:08PM Stratton Building Room D-1 Springfield, IL
Revenue & Finance Committee Hearing Mar 20 2025 8:00AM Capitol Building 114 and Virtual Room 1 Springfield, IL
Revenue & Finance Committee Hearing Mar 20 2025 2:00PM Stratton Building Room D-1 Springfield, IL

Last Action

Date	Chamber	Action
3/6/2025	House	To Tax Policy: Other Taxes Subcommittee

Statutes Amended In Order of Appearance

35 ILCS 200/15-170

35 ILCS 200/15-172

Synopsis As Introduced
Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the maximum reduction under the senior citizens homestead exemption is $8,000 in all counties (currently, $8,000 in counties with 3,000,000 or more inhabitants and counties that are contiguous to a county of 3,000,000 or more inhabitants and $5,000 in all other counties). Provides that the maximum income limitation for the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Effective immediately.

Actions

Date	Chamber	Action
2/3/2025	House	Filed with the Clerk by Rep. Amy Elik
2/4/2025	House	First Reading
2/4/2025	House	Referred to Rules Committee
2/10/2025	House	Added Co-Sponsor Rep. Tony M. McCombie
2/13/2025	House	Added Chief Co-Sponsor Rep. Travis Weaver
3/4/2025	House	Assigned to Revenue & Finance Committee
3/6/2025	House	To Tax Policy: Other Taxes Subcommittee

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