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HB 3471

PROP TX-SENIOR FREEZE

104th Regular Session Introduced by Mary Gill

HB 3471 would freeze property tax assessments for qualifying Illinois senior citizens, reducing their annual tax burden but potentially limiting revenue for local schools and municipalities.

Rule 19(a) / Re-referred to Rules Committee
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Bill Summary · HB 3471

Legislative bill overview

HB 3471 proposes to create a property tax freeze for senior citizens in Illinois, likely preventing or limiting increases in property tax assessments for qualifying elderly homeowners. The bill has been referred through multiple committee stages since its introduction in February 2025 and is currently under Rules Committee review.

Why is this important

Property taxes are a major financial burden for fixed-income seniors, and tax freezes can provide stability and affordability for homeowners on limited retirement funds. Illinois has among the highest property tax burdens nationally, making tax relief measures significant for seniors' ability to age in place and maintain housing security.

Potential points of contention

  • Revenue impact: Property tax freezes reduce municipal and school funding unless backfilled by the state, raising questions about fiscal responsibility and service provision
  • Scope and eligibility: Disagreement likely exists over age thresholds, income limits, property value caps, and whether protections apply to primary residences only
  • Implementation complexity: Determining fair assessment methods while preventing freeze-eligible properties from subsidizing tax increases on non-frozen properties presents administrative challenges

Compiled from official sources — confirm details with the bill’s official record.

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