Illinois HB1867 adjusts income limits for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption and expands energy assistance.
HB1867 amends the Property Tax Code to adjust the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption annually based on the cost of living increase in Social Security and Supplemental Security Income benefits. It also modifies the application process for the exemption, including allowing extensions for applicants unable to file on time due to severe mental or physical conditions.
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