Bill > HB1874

This bill amends the Property Tax Code to provide a property tax reduction for certain community-integrated living arrangements (CILAs) beginning in 2026. The bill creates a new tax assessment method where the property's equalized assessed value is reduced by $2,000 multiplied by the number of occupants using the CILA as their primary residence, based on the month with the most occupants. For non-nonprofit CILAs, specific conditions must be met: the property must be owned by a resident, family member, or a limited liability company with a resident/family member as a member; the CILA must be the principal residence of at least one non-family member; the arrangement must be licensed under the Community-Integrated Living Arrangements Licensure and Certification Act; and the owner cannot own multiple CILAs. Property owners must apply for the reduction through their county's assessment process, and the reduction cannot reduce the property's value below zero. The bill defines "community-integrated living arrangement" and "family member" to provide clear parameters for the tax exemption, with the goal of supporting community-based residential options for individuals, likely those with disabilities or special needs.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1874&GAID=18&DocTypeID=HB&SessionID=114&GA=104