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SB 1862

IL SENATE

PROP TX-30 YEAR HOMESTEAD

104th
Introduced by Neil Anderson, Li Arellano, Chris Balkema and 10 other co-sponsors

Illinois establishes a 30-year owner-occupied homestead exemption that fully exempts qualifying principal residences from property taxes, with annual reapplication and review.

Added as Chief Co-Sponsor Sen. Jason Plummer
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