Illinois legislation · 104th General Assembly
Illinois SB4029: PROP TX-SENIOR FREEZE
Status: Introduced, September 21, 2026
Amends the Property Tax Code. Provides that, beginning in taxable year 2029, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption shall be increased each year by the percentage increase, if any, in the Consumer Price Index. Effective immediately.
What the bill says
A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB4029Introduced 2/6/2026, by Sen. Sue RezinSYNOPSIS AS INTRODUCED: ILCS 200/15-172 35 ILCS 200/15-172 ILCS 200/15-172 Amends the Property Tax Code. Provides that, beginning in taxableyear 2029, the maximum income limitation for the low-income seniorcitizens assessment freeze homestead exemption shall be increased eachyear by the percentage increase, if any, in the Consumer Price Index.Effective immediately…
From the introduced text, February 6, 2026:
A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB4029Introduced 2/6/2026, by Sen. Sue RezinSYNOPSIS AS INTRODUCED: ILCS 200/15-172 35 ILCS 200/15-172 ILCS 200/15-172 Amends the Property Tax Code. Provides that, beginning in taxableyear 2029, the maximum income limitation for the low-income seniorcitizens assessment freeze homestead exemption shall be increased eachyear by the percentage increase, if any, in the Consumer Price Index.Effective immediately. LRB104 20766 HLH 34270 b LRB104 20766 HLH 34270 b LRB104 20766 HLH 34270 b A BILL FOR SB4029LRB104 20766 HLH 34270 b SB4029 LRB104 20766 HLH 34270 b SB4029 LRB104 20766 HLH 34270 b AN ACT concerning revenue. Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 5.The Property Tax Code is amended by changing Section 15-172 as follows: (35 ILCS 200/15-172) Sec. 15-172.Low-Income Senior Citizens Assessment Freeze Homestead Exemption. (a) This Section may be cited as the Low-Income Senior Citizens Assessment Freeze Homestead Exemption. (b) As used in this Section: "Applicant" means an individual who has filed an application under this Section. "Base amount" means the base year equalized assessed value of the residence plus the first year's equalized assessed value of any added improvements which increased the assessed value of the residence after the base year. "Base year" means the taxable year prior to …
Sponsors
- Sue Rezin (R, 38) · primary sponsor
- Darby A. Hills (R, 26)
- Craig Wilcox (R, 32)
- Donald P. DeWitte (R, 33)
- Chris Balkema (R, 53)
- Sally J. Turner (R, 44)
- Jason Plummer (R, 55)
- Dave Syverson (R, 35)
- Erica Harriss (R, 56)
- Paul Jacobs (R, 118)
- Seth Lewis (R, 24)
Latest actions
- : Added as Co-Sponsor Sen. Seth Lewis
- : Added as Co-Sponsor Sen. Paul Jacobs
- : Added as Co-Sponsor Sen. Erica Harriss
- : Added as Co-Sponsor Sen. Dave Syverson
- : Added as Co-Sponsor Sen. Jason Plummer
- : Added as Co-Sponsor Sen. Sally J. Turner
- : Added as Chief Co-Sponsor Sen. Darby A. Hills
- : Rule 3-9(a) / Re-referred to Assignments
- : Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
- : Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
Subjects: ILCS 35 - Revenue
Common questions
- What is SB4029?
- SB4029 is a bill in the Illinois Legislature (104th General Assembly): PROP TX-SENIOR FREEZE.
- What does SB4029 do?
- In its own words: A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB4029Introduced 2/6/2026, by Sen. Sue RezinSYNOPSIS AS INTRODUCED: ILCS 200/15-172 35 ILCS 200/15-172 ILCS 200/15-172 Amends the Property Tax Code. Provides that, beginning in taxableyear 2029, the maximum income limitation for the low-income seniorcitizens assessment freeze homestead exemption shall be increased eachyear by the percentage increase, if any, in the Consumer Price Index.Effective immediately…
- What is the status of SB4029?
- Introduced as of September 21, 2026. Latest action: Added as Co-Sponsor Sen. Seth Lewis (September 21, 2026).
- Who sponsored SB4029?
- Sue Rezin (R, 38), with 10 co-sponsors.
- Where is the official record for SB4029?
- On the Illinois Legislature website: https://www.ilga.gov/Legislation/BillStatus?DocNum=4029&GAID=18&DocTypeID=SB&SessionID=114
Source: official Illinois record. Tracked by Delilah, AI for legislation across all 50 states and Congress.