Budget & Taxes (Property Tax)

in committee · Illinois · House Mar 27, 2026

HB 1339: PROP TX-SENIOR HOMESTEAD

Amends the Property Tax Code. Provides that property that qualifies for the senior citizens homestead exemption is exempt from taxation under the Code. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts senior homestead properties from property tax, providing direct tax relief for lower-income seniors per tax relief indicators.95% confidence ✓ HousingSupports HousingProvides tax exemption for senior homeowners, reducing housing costs and supporting affordability for seniors under housing topic.90% confidence

Sub-Topics Property Tax Property Taxes

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in committee · Illinois · House Mar 21, 2025

HB 70: PROP TX-DISABILITIES

Amends the Property Tax Code. Increases the amount of the homestead exemption for persons with disabilities from $2,000 to $4,000 beginning in tax year 2025. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases property tax exemption for disabled residents, providing direct tax relief under Budget & Taxes framework.95% confidence ✓ HousingSupports HousingIncreases homestead exemption for disabled homeowners, reducing property tax burden and making housing more affordable, aligning with affordable housing support indicators.95% confidence

Sub-Topics Property Tax Property Taxes

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in committee · Illinois · House Mar 21, 2025

HB 2424: PROP TX-HOMESTEAD

Amends the Property Tax Code. Provides that, for the purpose of eligibility for the general homestead exemption, "homestead property" also includes property that is used by a person as his or her principal dwelling place and on which the person is liable for the payment of property taxes under a lease-to-purchase or a lease-option contract.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands homestead exemption to lease-to-purchase contracts, providing property tax relief to qualifying residents under Property Tax Code90% confidence ✓ HousingSupports HousingExpands homestead tax exemption to lease-to-purchase/lease-option contracts, reducing property tax burden for potential homeowners and advancing housing affordability.85% confidence

Sub-Topics Property Tax Homeownership Property Taxes

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in committee · Illinois · House Mar 27, 2026

HB 2809: PROP TX-VETERANS W/ DISABILITY

Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that: (1) if the veteran has a service-connected disability of 30% or more but less than 50%, then the annual exemption is 30% of the assessed value of the property; (2) if the veteran has a service-connected disability of 50% or more but less than 70%, then the annual exemption is 50% of the assessed value of the property; and (3) if the veteran has a service-connected disability of 70% or more, then the property is exempt from taxation. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases property tax exemptions for veterans with disabilities, providing targeted tax relief under the Property Tax Code.95% confidence ✓ VeteransSupports VeteransIncreases property tax exemption percentages for veterans with higher service-connected disabilities, directly expanding financial benefits.95% confidence

Sub-Topics Property Tax Veteran Education Veteran Healthcare Veteran Housing

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in committee · Illinois · House Mar 27, 2026

HB 1027: PROP TX-VETERANS-SPOUSE

Amends the Property Tax Code. Provides that, for taxable year 2025 and thereafter, the homestead exemption for veterans with disabilities carries over to the benefit of a deceased veteran's remarried surviving spouse as long as the surviving spouse holds the legal or beneficial title to the property and permanently resides on the property (currently, the surviving spouse is not eligible for the exemption if the spouse remarries). Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends property tax exemption to remarried veteran spouses, providing tax relief for eligible homeowners under the Property Tax Code.95% confidence ✓ HousingSupports HousingExtends property tax homestead exemption to veterans' remarried spouses, reducing housing costs and promoting affordability for this specific group.85% confidence ✓ VeteransSupports VeteransExtends property tax exemption to remarried surviving spouses of veterans with disabilities, expanding access to a key benefit.95% confidence

Sub-Topics Property Tax Property Taxes

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in committee · Illinois · House Mar 21, 2025

HB 1115: PROP TX-GOLD STAR PARENT

Amends the Property Tax Code. Provides that homestead property that is owned and used as a primary residence by a Gold Star Parent is exempt from taxation under the Code. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption for Gold Star Parents, offering direct tax relief to qualifying homeowners under Budget & Taxes topic.95% confidence ✓ VeteransSupports VeteransProvides property tax exemption for Gold Star Parents, directly recognizing and supporting families of fallen veterans through financial relief.90% confidence

Sub-Topics Property Tax

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in committee · Illinois · House Mar 21, 2025

HB 1917: PROP TX-VETERANS

Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities and veterans of World War II, provides that the term "veteran" also includes veterans who were killed in the line of duty but were not Illinois residents at the time of their death. Provides that a requirement that a surviving spouse must be a resident of Illinois from the time of the veteran's death through the taxable year for which the homestead exemption for veterans with disabilities is sought does not apply if the veteran was killed in the line of duty.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands property tax exemption eligibility for veterans' families, providing targeted tax relief under Property Tax Code amendments.95% confidence ✓ VeteransSupports VeteransExpands homestead exemption eligibility to include surviving spouses of veterans killed in line of duty (regardless of Illinois residency), strengthening veterans' tax benefits per bill summary.95% confidence

Sub-Topics Property Tax

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in committee · Illinois · House Mar 21, 2025

HB 1801: PROP TX-OMITTED PROPERTY

Amends the Property Tax Code. In counties with fewer than 3,000,000 inhabitants, provides that property that receives an erroneous homestead exemption for the current assessment year or for any of the 3 prior assessment years may be considered omitted property. Provides for penalties and interest to be imposed on that omitted property. Provides that any arrearage of taxes or interest that might have been assessed against that omitted property shall not be chargeable to certain bona fide purchasers of the property. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnsures tax revenue collection on erroneous homestead exemptions via penalties/interest, promoting fiscal responsibility in property tax management.95% confidence

Sub-Topics Property Tax

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in committee · Illinois · House Mar 21, 2025

HB 69: PROP TX-SENIOR FREEZE

Amends the Property Tax Code. Provides that, for taxable years 2025 and thereafter, the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption is $75,000 for all qualified property. Effective immediately.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRestricts property tax exemption eligibility by lowering income limit, increasing tax burden on seniors (lower-income group).85% confidence

Sub-Topics Property Tax

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in committee · Illinois · Senate May 22, 2026

SB 2701: PROP TX-SENIOR EXEMPTION

Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, in all counties, a taxpayer who has been granted a senior citizens homestead exemption need not reapply for that exemption. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesMaintains existing senior homestead exemption without reapplication, providing ongoing tax relief for seniors without increasing government costs.95% confidence

Sub-Topics Property Tax

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