HB3253 - 104th General Assembly
PROP TX-HOMESTEAD
Statutes Amended In Order of Appearance
35 ILCS 200/15-163 new
320 ILCS 30/2from Ch. 67 1/2, par. 452
320 ILCS 30/3from Ch. 67 1/2, par. 453
Synopsis As Introduced
Amends the Property Tax Code. Provides that, on and after July 1, 2026, any bill to amend an existing homestead exemption or to create a new homestead exemption shall include the submission of an impact statement prepared by the sponsor of the bill. Provides that the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption shall be $85,000 for taxable year 2025 and shall be subject to a cost-of-living adjustment in subsequent years. Provides that, for any tax certificates held by a county, the county clerk may create and administer a payment plan during the redemption period. Amends the Senior Citizens Real Estate Tax Deferral Act. Makes changes concerning the maximum household income. Effective immediately.
Actions
Date | Chamber | Action |
---|---|---|
02/06/2025 | House | Filed with the Clerk by Rep. Mary Beth Canty |
02/18/2025 | House | Added Co-Sponsor Rep. Diane Blair-Sherlock |
02/18/2025 | House | First Reading |
02/18/2025 | House | Referred to Rules Committee |
02/24/2025 | House | Added Co-Sponsor Rep. Lilian Jiménez |
02/24/2025 | House | Added Co-Sponsor Rep. Lisa Davis |
03/05/2025 | House | Added Co-Sponsor Rep. Abdelnasser Rashid |
03/05/2025 | House | Added Co-Sponsor Rep. Laura Faver Dias |
03/05/2025 | House | Added Co-Sponsor Rep. Nabeela Syed |
03/05/2025 | House | Added Co-Sponsor Rep. Jennifer Gong-Gershowitz |
03/05/2025 | House | Added Co-Sponsor Rep. Anna Moeller |
03/11/2025 | House | Added Co-Sponsor Rep. Camille Y. Lilly |
03/11/2025 | House | Assigned to Revenue & Finance Committee |
03/12/2025 | House | Added Co-Sponsor Rep. Dagmara Avelar |
03/13/2025 | House | To Property Tax Subcommittee |
03/19/2025 | House | Added Co-Sponsor Rep. Debbie Meyers-Martin |
03/21/2025 | House | Rule 19(a) / Re-referred to Rules Committee |
04/23/2025 | House | Added Co-Sponsor Rep. Martha Deuter |
05/14/2025 | House | Added Co-Sponsor Rep. Elizabeth "Lisa" Hernandez |