Bill > HB3298

This bill amends the Senior Citizens and Persons with Disabilities Property Tax Relief Act by updating income eligibility limits for property tax relief and pharmaceutical assistance programs. The changes establish new income thresholds for different time periods: for years 2008-2019, the income limits range from $22,218 to $36,740 depending on household size; for years 2020-2025, the limits increase to $33,562-$55,500; and for years 2026 and beyond, the limits will further rise to $37,650-$64,550. These adjustments mean that more senior citizens and persons with disabilities will potentially qualify for property tax relief as the income thresholds are incrementally raised. The bill allows the Department on Aging to potentially adjust these income limits annually to reflect cost of living changes in Social Security and Supplemental Security Income benefits. Eligible individuals must be 65 years or older, a person with a disability, domiciled in Illinois, and meet the specific household income requirements for the given year. The bill maintains the existing structure of the property tax relief program while providing more generous income eligibility criteria over time.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3298&GAID=18&DocTypeID=HB&SessionID=114&GA=104