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Neutral Bill Mar 16, 2026

PROP TX-SENIOR FREEZE-CPI

Amends the Property Tax Code. Provides that, for taxable year 2026, the maximum income limitation for the senior freeze shall be $73,700 for all qualified property (currently, $65,000). Provides that the maximum income limitation shall be adjusted each year according to the change in the Consumer Price Index for All Urban Consumers. Effective immediately.

https://legiscan.com/IL/bill/HB1193/2025
Bill data from LegiScan, used under CC BY 4.0.
Steven Reick State Representative Regan Deering State Representative Cosponsor
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