IllinoisSB0642104th General Assembly (2025–2026)SenateWALLET

LOCAL GOVERNMENT-TECH

Sponsored By: Lakesia Collins (Democratic)

Signed by Governor

Summary

Amends the Fair and Exposition Authority Reconstruction Act. Makes a technical change in a Section concerning the short title.

assignmentsexecutiverevenue & finance

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Bill Overview

Analyzed Economic Effects

5 provisions identified: 4 benefits, 0 costs, 1 mixed.

Expanded senior tax deferrals retain limits

Senior tax-deferral income limits rise from $65,000 in 2022–2024 to $75,000 in 2025, $77,000 in 2026, and $79,000 starting in 2027. The annual cap stays at $7,500 per taxpayer for 2022 onward, removing the scheduled drop to $5,000 in 2026. Applicants must be 65 by June 1 and certify three years owning and occupying qualifying Illinois property; temporary nursing or sheltered-care stays do not count against that period. County collectors may accept senior assessment-freeze eligibility as proof of age and residency. Deferrals depend on available program funds, and deferred taxes plus interest cannot exceed 80% of the owner's equity; the debt creates a property lien and must be repaid.

More seniors qualify for assessment freezes

The senior assessment freeze income limit rises from $65,000 to $75,000 for 2026. It rises to $77,000 for 2027 and $79,000 for 2028 and later years. Applicants must be at least 65 during the tax year and live in the qualifying home. They must also have a qualifying ownership or other property interest and be responsible for property taxes. The exemption limits taxable assessment growth; it does not freeze tax rates or guarantee an unchanged tax bill.

County payment plans for overdue property taxes

County clerks can offer payment plans during the period owners have to redeem a county-held tax certificate. Redemption means paying the required amounts to prevent a tax deed from transferring ownership. Clerks can also waive interest penalties when payments follow the plan. Neither a payment plan nor a penalty waiver is guaranteed.

Later delinquency for 2025 property taxes

The law delays delinquency for the unpaid estimated first property-tax installment for tax year 2025. It applies in counties with at least 3 million residents that use accelerated billing. That installment is not delinquent until after April 1, 2026. After that date, unpaid amounts accrue 0.75% interest per month or part of a month until payment or forfeiture.

Seven redevelopment areas gain deadline eligibility

The law adds seven redevelopment areas to a special completion-date rule. Chicago areas qualify based on these ordinance dates: Roseland/Michigan, January 16, 2002; Chicago/Central Park, February 27, 2002; Avalon Park/South Shore, July 31, 2002; and Commercial Avenue, November 13, 2002. The other areas are Millstadt District #1, December 1, 2003; Midtown Mattoon, December 16, 2003; and Rock River Redevelopment, January 21, 2003. The backing provision does not state their final completion dates. This changes local redevelopment deadline eligibility, not a direct household payment or tax rate.

Sponsors & Cosponsors

Sponsor

  • Lakesia Collins

    Democratic • Senate

Cosponsors

  • Aarón M. Ortíz

    Democratic • House

  • Abdelnasser Rashid

    Democratic • House

  • Andrew S. Chesney

    Republican • Senate

  • Barbara Hernandez

    Democratic • House

  • Chris Balkema

    Republican • Senate

  • Craig Wilcox

    Republican • Senate

  • Curtis J. Tarver, II

    Democratic • House

  • Dagmara Avelar

    Democratic • House

  • Dave Vella

    Democratic • House

  • Donald P. DeWitte

    Republican • Senate

  • Erica Harriss

    Republican • Senate

  • Jaime M. Andrade, Jr.

    Democratic • House

  • Kelly M. Cassidy

    Democratic • House

  • Lisa Davis

    Democratic • House

  • Margaret A. DeLaRosa

    Democratic • House

  • Martha Deuter

    Democratic • House

  • Mary Beth Canty

    Democratic • House

  • Mary Gill

    Democratic • House

  • Matt Hanson

    Democratic • House

  • Michael Crawford

    Democratic • House

  • Michael J. Kelly

    Democratic • House

  • Michelle Mussman

    Democratic • House

  • Nabeela Syed

    Democratic • House

  • Natalie A. Manley

    Democratic • House

  • Nicolle Grasse

    Democratic • House

  • Robert "Bob" Rita

    Democratic • House

  • Robert Peters

    Democratic • Senate

  • Seth Lewis

    Republican • Senate

  • Tracy Katz Muhl

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 334 • No: 45

Senate vote • 10/31/2025

House Floor Amendment No. 2 Senate Concurs

Yes: 59 • No: 0

House vote • 10/31/2025

Third Reading - Short Debate - Passed

Yes: 99 • No: 0

House vote • 10/30/2025

House Floor Amendment No. 2 Recommends Be Adopted Rules Committee;

Yes: 3 • No: 2

House vote • 10/30/2025

House Floor Amendment No. 1 Recommends Be Adopted Revenue & Finance Committee;

Yes: 17 • No: 0

House vote • 10/28/2025

Do Pass / Short Debate Revenue & Finance Committee;

Yes: 13 • No: 0

House vote • 10/28/2025

Motion to Suspend Rule 21 - Prevailed

Yes: 76 • No: 38

Senate vote • 10/15/2025

Senate Floor Amendment No. 1 Recommend Do Adopt Executive;

Yes: 11 • No: 0

Senate vote • 10/15/2025

Third Reading - Passed;

Yes: 45 • No: 5

Senate vote • 3/19/2025

Do Pass Executive;

Yes: 11 • No: 0

Actions Timeline

  1. Added as Co-Sponsor Sen. Chris Balkema

    12/15/2025Senate
  2. Public Act . . . . . . . . . 104-0452

    12/12/2025Senate
  3. Effective Date December 12, 2025

    12/12/2025Senate
  4. Governor Approved

    12/12/2025Senate
  5. Added as Co-Sponsor Sen. Erica Harriss

    12/4/2025Senate
  6. Sent to the Governor

    11/25/2025Senate
  7. Added as Co-Sponsor Sen. Donald P. DeWitte

    11/18/2025Senate
  8. Added as Co-Sponsor Sen. Seth Lewis

    11/6/2025Senate
  9. Added as Co-Sponsor Sen. Andrew S. Chesney

    11/6/2025Senate
  10. Added as Co-Sponsor Sen. Craig Wilcox

    11/6/2025Senate
  11. Added as Chief Co-Sponsor Sen. Robert Peters

    11/5/2025Senate
  12. Passed Both Houses

    10/31/2025Senate
  13. Senate Concurs

    10/31/2025Senate
  14. House Floor Amendment No. 2 Senate Concurs 059-000-000

    10/31/2025Senate
  15. 3/5 Vote Required

    10/31/2025Senate
  16. House Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments

    10/31/2025Senate
  17. House Floor Amendment No. 2 Motion to Concur Referred to Assignments

    10/31/2025Senate
  18. House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Lakesia Collins

    10/31/2025Senate
  19. Placed on Calendar Order of Concurrence House Amendment(s) 2 - October 30, 2025

    10/31/2025Senate
  20. Secretary's Desk - Concurrence House Amendment(s) 2

    10/31/2025Senate
  21. Added Alternate Co-Sponsor Rep. Matt Hanson

    10/31/2025House
  22. Added Alternate Co-Sponsor Rep. Margaret A. DeLaRosa

    10/31/2025House
  23. Added Alternate Co-Sponsor Rep. Aarón M. Ortíz

    10/31/2025House
  24. Added Alternate Co-Sponsor Rep. Abdelnasser Rashid

    10/31/2025House
  25. Added Alternate Co-Sponsor Rep. Nabeela Syed

    10/31/2025House

Bill Text

  • Engrossed

  • Enrolled

  • House Amendment 1

  • House Amendment 2

  • Introduced

  • Senate Amendment 1

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