Illinois HB3836 amends the Property Tax Code to continue the senior citizens homestead exemption for residents in licensed facilities and adjusts the.
HB3836 amends the Property Tax Code to ensure the senior citizens homestead exemption continues for residents in licensed facilities if their spouse remains in the residence. It sets the maximum reduction amounts for different counties and taxable years, with annual reapplication required in counties with over 3 million inhabitants. The bill also details procedures for determining eligibility, handling erroneous exemptions, and notifying new property owners about the exemption.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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