Bill Status of HB 1837   104th General Assembly


Short Description:  PROP TX-GENERAL HOMESTEAD

House Sponsors
Rep. Curtis J. Tarver, II

Last Action  View All Actions

DateChamber Action
  1/29/2025HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 200/15-175

Synopsis As Introduced
Amends the Property Tax Code. Increases the maximum reduction for the general homestead exemption to $50,000 in counties with 3,000,000 or more inhabitants. Provides that for taxable years 2025 through 2027, the property tax liability for homestead property in Cook County that contains a single-family home or a multi-unit residential dwelling with fewer than 3 units shall not exceed the adjusted property tax liability for the property for the applicable tax year. Effective immediately.

Actions 
DateChamber Action
  1/28/2025HouseFiled with the Clerk by Rep. Curtis J. Tarver, II
  1/29/2025HouseFirst Reading
  1/29/2025HouseReferred to Rules Committee

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