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Sunday, May 10, 2026

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IL · SB3894In committee

PROP TX-SENIOR EXEMPTION

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Plain-English Summary

Amends the Property Tax Code. In a provision concerning the Low-Income Senior Citizens Assessment Freeze Homestead Exemption, provides that, for taxable years 2026 and thereafter, "maximum income limitation" means $85,000 for all qualified property.

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IL SB3894 — PROP TX-SENIOR EXEMPTION — CivicRadar | CivicRadar