IllinoisHB2424104th General Assembly (2025–2026)House

PROP TX-HOMESTEAD

Sponsored By: Rita Mayfield (Democratic)

In Committee

Summary

Amends the Property Tax Code. Provides that, for the purpose of eligibility for the general homestead exemption, "homestead property" also includes property that is used by a person as his or her principal dwelling place and on which the person is liable for the payment of property taxes under a lease-to-purchase or a lease-option contract.

revenue & finance

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Rita Mayfield

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 19(a) / Re-referred to Rules Committee

    3/21/2025House
  2. To Property Tax Subcommittee

    3/3/2025House
  3. Assigned to Revenue & Finance Committee

    2/25/2025House
  4. Referred to Rules Committee

    2/4/2025House
  5. First Reading

    2/4/2025House
  6. Filed with the Clerk by Rep. Rita Mayfield

    2/3/2025House

Bill Text

Related Bills

Back to State Legislation