Illinois General Assembly - Bill Status for SB2086
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 Bill Status of SB2086  104th General Assembly


Short Description:  PROP TX-SENIOR FREEZE

Senate Sponsors
Sen. Erica Harriss, Andrew S. Chesney, Dale Fowler, Craig Wilcox, Li Arellano, Jr., Chris Balkema, Dave Syverson and Darby A. Hills

Last Action
DateChamber Action
  2/25/2025SenateAssigned to Revenue

Statutes Amended In Order of Appearance
35 ILCS 200/15-172


Synopsis As Introduced
Amends the Property Tax Code. Provides that, for taxable year 2025, the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption is $75,000. Provides that, for taxable year 2026 and subsequent taxable years, the maximum income limitation shall be adjusted by the percentage increase, if any, in the Consumer Price Index. Effective immediately.

Actions 
DateChamber Action
  2/6/2025SenateFiled with Secretary by Sen. Erica Harriss
  2/6/2025SenateFirst Reading
  2/6/2025SenateReferred to Assignments
  2/25/2025SenateAssigned to Revenue
  2/27/2025SenateAdded as Co-Sponsor Sen. Andrew S. Chesney
  3/4/2025SenateAdded as Co-Sponsor Sen. Dale Fowler
  3/4/2025SenateAdded as Co-Sponsor Sen. Craig Wilcox
  3/5/2025SenateAdded as Co-Sponsor Sen. Li Arellano, Jr.
  3/17/2025SenateAdded as Co-Sponsor Sen. Chris Balkema
  3/18/2025SenateAdded as Co-Sponsor Sen. Dave Syverson
  3/19/2025SenateAdded as Co-Sponsor Sen. Darby A. Hills

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