Bill > HB2536

This bill amends the Property Tax Code to modify the Low-Income Senior Citizens Assessment Freeze Homestead Exemption, primarily focusing on counties with 3,000,000 or more inhabitants. The bill allows the Chief County Assessment Officer to request full social security numbers or individual taxpayer identification numbers for all household members applying for the exemption. Additionally, the bill permits the Chief County Assessment Officer to renew the exemption without requiring a new application each year, provided they can confirm that the applicant still owns and resides in the property and that the household income continues to qualify. If the exemption is renewed without a new application, the Chief County Assessment Officer must notify the applicant of the renewal and remind them of their ongoing duty to report any changes that might affect their eligibility. The bill aims to simplify the renewal process for senior citizens receiving this property tax exemption while maintaining appropriate verification mechanisms to ensure only eligible homeowners receive the benefit.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2536&GAID=18&DocTypeID=HB&SessionID=114&GA=104