summary
Introduced
02/07/2025
02/07/2025
In Committee
07/01/2025
07/01/2025
Crossed Over
04/10/2025
04/10/2025
Passed
Dead
Introduced Session
Potential new amendment
104th General Assembly
Bill Summary
Amends the Property Tax Code. Provides that the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption shall be (i) $75,000 for taxable year 2026, (ii) $77,000 for taxable year 2027, and (iii) $79,000 for taxable year 2028 and thereafter. Provides that no annual tax sale shall be held on or after the effective date of the amendatory Act and before March 10, 2026. Provides that no scavenger sale shall be held on or after the effective date of the amendatory Act and before March 10, 2026. Provides that deadlines for applications for judgment and order of sale are tolled until March 10, 2026. Amends the Senior Citizens Real Estate Tax Deferral Act. Makes changes concerning the maximum household income. Effective immediately.
AI Summary
This bill amends several state laws to establish Lunar New Year as an official state holiday in Illinois. The holiday will be observed on the date corresponding with the second new moon following the winter solstice, or the third new moon if an intercalary (extra) month occurs. If the holiday falls on a weekend, the following Monday will be considered the official holiday. The bill specifically modifies the School Code to allow school boards to grant Lunar New Year as a special holiday, giving them the discretion to recognize this culturally significant day. Additionally, the bill updates various other state codes, including the Election Code, Illinois Procurement Code, and Promissory Note and Bank Holiday Act, to formally recognize Lunar New Year as a holiday. This legislative change reflects the growing recognition of Lunar New Year, which is an important cultural celebration for many Asian communities, and provides official acknowledgment and potential observance of the holiday across state institutions and schools.
Committee Categories
Government Affairs
Sponsors (9)
Jehan Gordon-Booth (D)*,
Celina Villanueva (D)*,
Bill Cunningham (D),
Napoleon Harris (D),
Julie Morrison (D),
Laura Murphy (D),
Robert Peters (D),
Sue Rezin (R),
Rachel Ventura (D),
Last Action
Removed Co-Sponsor Rep. Yolonda Morris (on 10/27/2025)
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