2025-2026 Regular SessionIllinois Legislature

HB1193: PROP TX-SENIOR FREEZE-CPI

Legislative Summary

Amends the Property Tax Code. Provides that, for taxable year 2026, the maximum income limitation for the senior freeze shall be $73,700 for all qualified property (currently, $65,000). Provides that the maximum income limitation shall be adjusted each year according to the change in the Consumer Price Index for All Urban Consumers. Effective immediately.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

1/9/2025
Filed with the Clerk by Rep. Steven Reick
House of Representatives
1/9/2025
First Reading
House of Representatives
1/9/2025
Referred to Rules Committee
House of Representatives
2/7/2025
Added Co-Sponsor Rep. Regan Deering
House of Representatives
2/11/2025
Assigned to Revenue & Finance Committee
House of Representatives
2/25/2025
To Property Tax Subcommittee
House of Representatives
3/21/2025
Rule 19(a) / Re-referred to Rules Committee
House of Representatives

Status Information

Current Status
Introduced(1/9/2025)
Chamber
House of Representatives
Committee
Rules(House of Representatives)

Sponsors

Republican: 2

Primary Sponsor

Steven Reick
Steven Reick
Republican

Documents

Introduced
Bill Text1/9/202575.6 KB